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Stock Market & Financial Investment News

News Breaks
January 16, 2014
05:41 EDTKKR, KFNLease Corporation, KKR Financial announce $100M strategic investment in in LCIH
Lease Corporation International, or LCI, a Libra Group company, and KKR Financial Holdings (KFN), a specialty finance company managed by a subsidiary of KKR & Co. L.P. (KKR), announced that they have entered into a definitive agreement under which KFN has agreed to invest in excess of $100M in LCI Helicopters, or LCIH, the helicopter leasing subsidiary of LCI, in exchange for a minority stake in LCIH's common equity. The strategic investment will allow LCIH to grow its fleet significantly and advance its leadership position in the rapidly expanding helicopter leasing business.
News For KFN;KKR From The Last 14 Days
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December 18, 2014
06:59 EDTKKRKKR acquisition of Samson is 'cautionary tale' of shale boom, WSJ says
KKR's acquisition of Samson Investment is in negative territory, driven by falling oil prices, and offers a "cautionary tale" of the U.S. shale market boom, reports the Wall Street Journal. Reference Link
December 15, 2014
08:22 EDTKKRKKR initiated with an Overweight at Morgan Stanley
Target $29.
December 12, 2014
12:10 EDTKKRAdobe hits 52-week high after results beat estimates
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08:09 EDTKKRBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.
December 11, 2014
18:07 EDTKKRKKR, United Water sign utility partnership with Borough of Middletown, PA
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16:44 EDTKKRKKR to sell Fotolia to Adobe for $800M
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