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Stock Market & Financial Investment News

News Breaks
December 21, 2012
14:53 EDTGDI, KKR, SPWGardner Denver ends talks with SPX, invites bids from PE firms, Reuters says
Gardner Denver (GDI) has ended talks with SPX Corp (SPW) after doubts emerged on both sides about the potential for a successful deal, according to Reuters, citing a source familiar with the matter. The source also reported to Reuters that Gardner Denver has invited several private equity firms that made offers for the company previously to re-engage in a sale process. The Fly notes that Reuters reported on December 19 that SPX was close to a $4.2B deal to buy Gardner Denver. In afternoon trading after Reuters' headline news circulated, Gardner Denver shares are down 10% to $67.90, while SPX shares are up 1.25% to $65.91. Reference Link
News For GDI;SPW;KKR From The Last 14 Days
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June 14, 2013
07:23 EDTKKRSiemens considers deal for Nokia Siemens, WSJ reports
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07:18 EDTSPWDeutsche Bank to host a conference
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June 12, 2013
07:21 EDTKKRThe NYSSA to host a conference
23rd Annual High Yield Bond Conference is being held in New York on June 12.
June 6, 2013
08:41 EDTKKRKKR & Co. volatility stays flat as shares trend lower
KKR & Co. overall option implied volatility of 30 is near its 26-week average of 29 according to Track Data, suggesting non-directional price movement.
07:15 EDTKKRKKR & Co. Apollo Global should be bought at current levels, says Oppenheimer
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05:36 EDTKKRKKR acquires UK retail park property, terms not disclosed
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June 5, 2013
07:34 EDTKKRKeefe Bruyette to host a conference
Asset Management Conference is being held in New York on June 5 with webcasted company presentations to begin at 8 am; not all company presentations may be webcasted. Webcast Link

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