Sector Update: Financial Stocks Gain Tuesday Afternoon
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) ahead 1.3%.The Philadelphia Housing Index was
Top Midday Stories: Boeing Ups Deliveries in June, Q2; Fed Mulls Tweak That Could Save Billions for Biggest US Banks; BP Warns of $2 Billion Impairment Charge, Lower Refining Margins
The S&P 500 and the Nasdaq Composite were both up after midday trading on Tuesday, while the Dow Jones Industrial Average was down, as investors listened intently to Federal Reserve Chair Jerome
Deutsche Bank Adjusts Price Target on KKR to $128 From $129
KKR (KKR) has an average outperform rating and a price target range of $93 to $145, according to analysts polled by Capital IQ.Price: 105.29, Change: +0.22, Percent Change: +0.21
Jim Cramer Says He Will Pay No Amount For This Energy Stock, Calls Ferguson A 'Very, Very Good' Company
On CNBC's "Mad Money Lightning Round," Jim Cramer said Ferguson plc (NYSE:FERG) is a "very, very good" company. However, he recommends Trane Technologies plc (NYSE:TT) or Carrier Global Corporation (
KKR to Trim Stake in Soaring Kokusai Electric, Cashing in on Chip Boom: Report
KKR & Co. Inc. (NYSE:KKR) reportedly intends to reduce its stake in Kokusai Electric, capitalizing on the strong performance of the Japanese chip equipment maker's shares.KKR, which currently owns
Express News | Nasuni: Further Terms of Transaction Were Not Disclosed
Express News | Nasuni Announces Majority Investment Led by Vista Equity Partners at $1.2 Billion Valuation
Infosys Signs Five-year Partnership With Sector Alarm
Market Chatter: KKR Plans Stake Reduction in Kokusai Electric, Reuters Reports
Private equity firm KKR (KKR) intends to reduce its ownership in Kokusai Electric by selling about half of its 43% stake to investors, Reuters reported Tuesday, citing two unnamed people familiar
KKR to Sell 50% Stake in Tokyo-based Kokusai Electric - Report
Private equity firm KKR (NYSE:KKR) will cut its stake in the Japanese semiconductor manufacturing company — Kokusai Electric (OTCPK:KOKSF), Reuters reported, citing people familiar with the matter.
KKR is planning to reduce its shareholding in Kokusai, a Japanese semiconductor equipment manufacturer, by about half.
As of July 9th, KKR, the American private equity giant, plans to sell approximately half of its stake in the newly listed Japanese semiconductor equipment manufacturer Kokusai Electric, according to insiders cited by Reuters. KKR currently holds around 43% of Kokusai Electric's stock. In addition, Kokusai will buy back stocks in the market. Based on Monday's closing price, 20% of Kokusai's shares are worth about 1.6 billion US dollars. This deposition equipment manufacturer was spun off from Hitachi Kokusai Electric in 2018, and since October last year, it has been an IP.
KKR (KKR.US) plans to reduce its shareholding in Japan Kokusai by half, profiting from the AI trend.
According to the media quoting informed sources, private equity giant KKR (KKR.US) plans to sell about half of its holdings of Japanese semiconductor equipment manufacturer Kokusai Electric Corp. As reported, Kokusai Electric was listed in Japan last October. Due to the market's heightened interest in hardware and infrastructure that supports artificial intelligence, Kokusai Electric's stock price has more than doubled since its listing. It is reported that KKR currently holds about 43% of Kokusai's shares.
Express News | Private equity company KKR reportedly plans to reduce its shareholding in International Electric Machine.
KKR Plans to Sell Half Its Kokusai Electric Stake, Reuters Says
Express News | KKR plans to sell half of its stake in International Electrical Utilities.
Express News | Exclusive-KKR Plans to Reduce Its Stake in Japan Chip Equipment Maker Kokusai Electric -Sources
Express News | Exclusive-KKR Plans to Cut Kokusai Stake by Around Half -Source
KKR & Co. Inc. to Announce Second Quarter 2024 Results
NEW YORK–(BUSINESS WIRE)–KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the second quarter 2024 on Wednesday, July 31, 2024, before the opening of
Nasuni Announces Investment From Vista Equity Partners, KKR and TCV
BOSTON, July 9, 2024 /PRNewswire/ — Nasuni, a leading enterprise data platform for modern hybrid cloud environments, today announced a strategic growth investment led by Vista Equity Partners, a
8 Analysts Have This To Say About KKR
In the preceding three months, 8 analysts have released ratings for KKR (NYSE:KKR), presenting a wide array of perspectives from bullish to bearish.The table below provides a concise overview of recen