Wednesday, April 7, 2010 as of 11:14 AM ET
KKR & Co. L.P. (formerly known as Kohlberg Kravis Roberts & Co.) () is an American-based global private equity firm, specializing in leveraged buyouts, based in New York.
Read More at Wikipedia ›Vornado Realty Trust's (VNO) first-quarter earnings fell 39% as the commercial-property owner recorded a smaller profit from its stake in J.
C. Penney Co. (JCP) and as gains on extinguishment of debt and other items boosted year-ago results.The real-estate investment trust posted mixed earnings results last year. The company owns and manages commercial properties around New York and the District of Columbia, markets that have remained strong over the past few years. However, the REIT's diversified holdings in companies such as J.C. Penney and Toys 'R' Us have yielded varying returns. Vornado holds a roughly 8.5% stake in J.C. Penney, according to FactSet Research. Vornado bought a stake in Toys 'R' Us in 2005, along with private-equity firms Bain Capital LLC and Kohlberg Kravis Roberts & Co., for $6.6 billion.Vornado reported a first-quarter profit of $251.5 million, down from $412.7 million, a year earlier. On a per-share basis, which includes the effect of preferred dividends, earning...DOW JONES NEWSWIRESToys "R" Us Inc.'s fiscal fourth-quarter profit grew 3.9% due to lower interest costs and a smaller tax bite, though weak videogame sales continue...
A new $250 million partnership for oil and gas exploration between Chesapeake Energy Corp. and private equity firm Kohlberg Kravis Roberts & Co. "is just the beginni...
DOW JONES NEWSWIRESNatural gas producer Chesapeake Energy Corp. (CHK) formed a $250 million partnership with private-equity firm Kohlberg Kravis Roberts & Co. (KKR) ...
Danish telecommunications provider TDC A/S (TDC.KO) said late Monday that majority owner, Luxembourg-based capital investor NTC Holding G.P. & Cie S.C.A., will launc...
Hospital chain operator HCA Inc. sold $1.35 billion of junk bonds Tuesday, up from a planned $750 million sale, pricing the 10-year senior secured bonds at 5.875%, a...
KPMG Thursday said it has received a huge level of interest for collapsed retailer Peacocks from both trade and private equity buyers and that it expects to receive ...
FBN’s Lou Dobbs on the state of the economy and the continued race for the GOP presidential candidate.
U.S. businesses and financial firms are taking advantage of the European sovereign debt crisis to make loans and pick up assets owned by cash-strapped regional banks...
Private equity group KKR & Co L.P. will take a $60 million stake as a cornerstone investor in the Hong Kong initial public offering of menswear group China Outfitter...
KKR & Co. LP on Wednesday confirmed plans to lead the purchase of privately-held oil and gas producer Samson Investment Co. in a deal valued at $7.2 billion. An inve...
Japanese trading firm Itochu Corp. is joining a Kohlberg Kravis Roberts & Company-led consortium pushing to buy most of privately held oil and gas company Samson Inv...
JMP Securities Managing Director Peter Coleman on why it is a good time for investors to buy stocks because the market fundamentals are still strong.
India's TVS Logistics Services Ltd. Thursday said it has entered into a pact with an affiliate of KKR & Co. L.P. (KKR) and Goldman Sachs Group Inc. (GS) for an inves...
Australian shares fell early Monday, with miners dragging after sharp falls for commodity prices on Friday. The benchmark S&P/ASX 200 dropped 0.7% to 4,291.80, track...
Private equity firm Kohlberg Kravis Roberts & Co. wants to buy the diamond mining operations of BHP Billiton Ltd. (BHP) and Rio Tinto PLC (RIO) and merge them to cre...
Privately held Biomet Inc. reported modestly higher sales of hip and knee replacements for its most recent quarter, providing hope to investors the orthopedic market...
KKR Natural Resources, a joint venture between Kohlberg Kravis Roberts (NYSE:KKR) and Premier Natural Resources, has snatched properties in the Barnett Shale and Ark...
FBN's Ashley Webster breaks down how shares of Amazon are performing.
Kohlberg Kravis Roberts & Co. L.P. said on Tuesday that it has appointed former Morgan Stanley Chairman and Chief Executive Officer John Mack as a senior advisor to ...
