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Stock Market & Financial Investment News

News Breaks
November 28, 2012
13:49 EDTGDI, SPW, KKRSources: SPX Corp., KKR vie for Gardner Denver, Reuters reports
Five sources say SPX (SPW) is competing with KKR (KKR), Advent International and a partnership between TPG Capital and Onex to buy Gardner Denver (GDI), Reuters reports.
News For GDI;SPW;KKR From The Last 14 Days
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October 30, 2014
10:02 EDTSPWOn The Fly: Analyst Downgrade Summary
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05:24 EDTSPWSPX Corp. downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded SPX Corp. to Market Perform with a $99 price target following the company's Q3 results. Shares were also downgraded this morning at Goldman Sachs.
05:23 EDTSPWSPX Corp. downgraded to Neutral from Buy at Goldman
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October 29, 2014
12:59 EDTKKRPrivate equity firms preparing initial bids for PetSmart auction, WSJ says
Private equity firms including Apollo Global Management (APO), Hellman & Friedman and KKR (KKR) are said to be preparing initial bids for pet-supply retailer PetSmart (PETM), says the Wall Street Journal. PetSmart which is based in Phoenix and has around 1,350 stores has a market capitalization of around $7B, added the Wall Street Journal. Shares of PetSmart are up almost 3% or $1.98, to $72.06 in midday trading. Reference Link
06:35 EDTSPWSPX Corp. announces plan for tax-free spin-off of Flow business
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October 28, 2014
16:35 EDTKKRKKR partners to develop the east Texas Eaglebine
KKR (KKR) announced an investment in which KKR has become a non-operated working interest partner with Anadarko Petroleum Corporation (APC) in the development of Anadarko’s acreage in the Eaglebine play located primarily in Brazos, Burleson, and Robertson Counties, Texas. Through long-term, full field development, KKR expects to participate in more than 500 future horizontal wells. This is KKR’s first investment with Anadarko and first investment in the Eaglebine formation. The Eaglebine is an extension of the South Texas Eagle Ford shale into East Texas.
October 23, 2014
08:04 EDTKKRKKR reports Q3 adjusted ENI 50c, consensus 44c
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06:16 EDTKKRPetSmart attracts interest from KKR, NY Post reports
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October 22, 2014
13:37 EDTKKRPE firms may bid on Bayer's MaterialScience unit, Reuters says
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October 17, 2014
06:40 EDTKKRSysco aiming for asset sales to help complete US Foods deal, Reuters says
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October 16, 2014
06:39 EDTKKRKKR announces minority investment in arago AG
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