Archive for July 27th, 2008

Fuel Subsidies Overseas Take a Toll on US
New York Times - 28 minutes ago
By KEITH BRADSHER JAKARTA, Indonesia - To understand why fuel prices in the United States have soared over the last year, it helps to talk to the captain of a battered wooden freighter here.
Asia Nixonomics Means No Exit From Subsidies-Driven Stagflation Bloomberg
all 4 news articles

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HispanicBusiness.com
SemGroup CEO says workers will regain trust-report
Reuters - 46 minutes ago
PHILADELPHIA, July 27 (Reuters) - The co-founder of energy trader SemGroup LP said employees would eventually regain their trust in the Oklahoma company once an investigation into its financial problems concludes, according to a media report.
SemGroup co-founder reassures employees amid probe The Associated Press
Kivisto Makes First Public Statement Wall Street Journal
Forbes - KSWO - BloggingStocks - TMCnet
all 360 news articles

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RTT News
KKR to List Shares on NYSE After Acquiring European Buyout Fund
Bloomberg - 1 hour ago
By Jason Kelly and Elizabeth Hester July 28 (Bloomberg) — KKR & Co., the leveraged-buyout firm run by Henry Kravis and George Roberts, plans to covert to a public company by the end of the year in a transaction that may give it a market value of as
KKR Chiefs Not Cashing Out In IPO Forbes
KKR posts first-quarter loss but assets grow Reuters
guardian.co.uk - New York Times - CNNMoney.com - The Associated Press
all 226 news articles

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ANZ Bank Says Full-Year Profit to Fall on Bad Debts; Shares Dip
Bloomberg - 46 minutes ago
By Stuart Kelly July 28 (Bloomberg) — Australia & New Zealand Banking Group Ltd., the nation's fourth-largest bank, said full-year profit will fall as much as 25 percent as bad loans swell, sending the stock to its biggest drop in 21 years.
Exporters, Banks Lift Tokyo Wall Street Journal
ANZ says provisions seen rising to A$1.2 bln in H2 Reuters
RTT News - Stuff.co.nz - ABC Online - National Business Review
all 144 news articles

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RTT News
Share sale: Private equity group KKR opts to go public with
guardian.co.uk - 56 minutes ago
The private equity firm Kohlberg Kravis Roberts, whose business empire extends from Boots the Chemist to Chinese cement factories, is to go public with a likely price tag of between $12bn (£6bn) and $15bn.
KKR Private Equity net asset value drops Reuters
KKR finds a bargain in KPE Financial Times
The Associated Press - RTT News - BloggingStocks - New York Times
all 207 news articles

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Politico
KKR Private Equity net asset value drops
Reuters - 36 minutes ago
PHILADELPHIA, July 27 (Reuters) - KKR Private Equity Investors LP (KKR.AS: Quote, Profile, Research, Stock Buzz), a publicly traded investment fund that will be acquired by its private equity parent Kohlberg Kravis Roberts & Co [KKR.
UPDATE 3-KKR says to go public on NYSE later in 2008 guardian.co.uk
KKR to go public on NYSE via fund takeover The Associated Press
New York Times - Bloomberg - CNNMoney.com - Independent
all 182 news articles

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Poor economy is likely driving growing popularity of online
Naples Daily News - 2 hours ago
By TRACY X. MIGUEL (Contact) The seven-mile, 40-minute drive during season from Natlee Valego’s home to Hodges University was the primary reason why she started taking online courses.
Gas Prices Push Students To Web Classes CBS 4
Gasoline prices driving some students to online courses TMCnet
MiamiHerald.com - Palm Beach Post - The Ledger
all 21 news articles

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Reuters
Sirius-XM merger: No static at all
CNET News - 1 hour ago
The marriage of satellite radio providers Sirius and XM has finally received the blessing of the Federal Communications Commission on Friday and now we can all finally get the game we want.
FCC approves Sirius Satellite acquisition of XM Reuters
FCC approves long-proposed XM, Sirius merger Bizjournals.com
MarketWatch - Forbes - Washington Post - BusinessWeek
all 2,310 news articles

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Politico
After Delay, KKR Finds a Way to Go Public
New York Times - 1 hour ago
By ANDREW ROSS SORKIN Kohlberg Kravis Roberts, the storied private equity firm, is again preparing to become a public company on the New York Stock Exchange, the firm said Sunday.
KKR Plans to Go Public After Buying European LBO Fund (Update1) Bloomberg
KKR planning to go public CNNMoney.com
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