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KKR

KKR

$14.00

-0.24 (-1.69%)

17:08
10/12/16
10/12
17:08
10/12/16
17:08

KKR writes down Aceco investment to zero, Bloomberg says

KKR has written down its $475M investment in Aceco to zero amid a legal battle with part-owner Jorge Nitzan over alleged fraud at the company, Bloomberg reported, citing sources. A lawyer for Nitzan told Bloomberg that "KKR is trying to undo the deal and blame others for its mistimed acquisition." Aside from Nitzan, KKR is also in legal arbitrations with the other groups from which it bought Aceco, including General Atlantic and Nitzan's sister Debora Staley, the sources told Bloomberg. Reference Link

  • 25

    Oct

KKR KKR
$14.00

-0.24 (-1.69%)

04/25/16
BOFA
04/25/16
NO CHANGE
BOFA
KKR risk/reward favorable, says BofA/Merrill
04/26/16
OPCO
04/26/16
NO CHANGE
Target $24
OPCO
Outperform
KKR fundamentals remain 'sound,' says Oppenheimer
Oppenheimer analyst Chris Kotowski says KKR's Q1 results were disappointing, missing on larger non-cash marks, but cash earnings metrics were closer to expectations and overall fundraising was strong. The analyst continues to think that the business is "very healthy." Kotowski reiterates an Outperform rating and raised his price target on the shares to $24 from $23.
07/05/16
07/05/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Netflix (NFLX) downgraded to Hold from Buy at Needham with analyst Laura Martin saying that the U.K.'s "Brexit" adds risk that decelerating U.K. and EU GDP growth will slow the company's subscriber growth or accelerate its churn rates. 2. Harley-Davidson (HOG) downgraded to Neutral from Outperform at Baird with the firm citing valuation amid unconfirmed rumors that KKR (KKR) is interested in acquiring the company. 3. Cirrus Logic (CRUS) and Skyworks (SWKS) downgraded to Sector Weight from Overweight at Pacific Crest with analyst Michael McConnell citing iPhone 7 concerns putting the estimates of both companies at risk. The analyst expects a 15%-20% decline in iPhone 7 shipments in the second half of 2016. 4. Cerner (CERN) downgraded to Market Perform from Outperform at Raymond James with analyst Nicholas Jansen citing balanced risk/reward and expectations for Q2 results to return to "normalcy." 5. Hershey (HSY) downgraded to Hold from Buy at Argus with analyst David Coleman citing valuation following takeover overtures by Mondelez (MDLZ). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/07/16
FBCO
07/07/16
INITIATION
Target $16
FBCO
Outperform
KKR reinstated with an Outperform at Credit Suisse
Target $16.

TODAY'S FREE FLY STORIES

P

Pandora

$13.22

-0.36 (-2.65%)

11:51
02/21/17
02/21
11:51
02/21/17
11:51
Periodicals
Pandora looks to country music to boost subscription aspirations, WSJ says »

Internet radio giant…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 22

    Feb

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    Feb

  • 28

    Feb

  • 19

    Mar

GPC

Genuine Parts

$98.26

-2.41 (-2.39%)

11:49
02/21/17
02/21
11:49
02/21/17
11:49
Hot Stocks
Breaking Hot Stocks news story on Genuine Parts »

Genuine Parts says has…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

TRVN

Trevena

$7.13

0.1 (1.42%)

11:47
02/21/17
02/21
11:47
02/21/17
11:47
Recommendations
Trevena analyst commentary  »

Jefferies sees hospital…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

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    Feb

  • 21

    Mar

PRGO

Perrigo

$84.36

-0.11 (-0.13%)

11:46
02/21/17
02/21
11:46
02/21/17
11:46
Hot Stocks
Perrigo raises dividend to 16c from 14.5c per share »

Perrigo announced that…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 27

    Feb

  • 21

    Mar

GPC

Genuine Parts

$98.41

-2.26 (-2.25%)

11:46
02/21/17
02/21
11:46
02/21/17
11:46
Hot Stocks
Breaking Hot Stocks news story on Genuine Parts »

Genuine Parts says…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

AMAT

Applied Materials

$35.67

0.49 (1.39%)

11:46
02/21/17
02/21
11:46
02/21/17
11:46
Options
Applied Materials call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 27

    Feb

DISCA

Discovery

$28.68

0.11 (0.39%)

11:45
02/21/17
02/21
11:45
02/21/17
11:45
Conference/Events
Discovery management to meet with Jefferies »

Group luncheon to be held…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

11:45
02/21/17
02/21
11:45
02/21/17
11:45
General news
Breaking General news story  »

Philadelphia Federal…

EFX

Equifax

$129.38

-0.76 (-0.58%)

11:42
02/21/17
02/21
11:42
02/21/17
11:42
Conference/Events
Equifax to hold a webcast »

Equifax Senior Vice…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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GPC

Genuine Parts

$98.46

-2.2124 (-2.20%)

11:41
02/21/17
02/21
11:41
02/21/17
11:41
Hot Stocks
Breaking Hot Stocks news story on Genuine Parts »

Genuine Parts says…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

MDLZ

Mondelez

$42.50

-0.7 (-1.62%)

, KHC

Kraft Heinz

$96.65

9.37 (10.74%)

11:38
02/21/17
02/21
11:38
02/21/17
11:38
Hot Stocks
Mondelez takeover speculation lifts shares as Kraft walks from Unilever »

Shares of Mondelez (MDLZ)…

MDLZ

Mondelez

$42.50

-0.7 (-1.62%)

KHC

Kraft Heinz

$96.65

9.37 (10.74%)

UL

Unilever; also tag UN

$44.54

-3.99 (-8.22%)

UN

Unilever; also tag UL

$44.77

-4.025 (-8.25%)

BRK.A

Berkshire Hathaway

$254,021.52

1183.52 (0.47%)

BRK.B

Berkshire Hathaway

$169.35

0.78 (0.46%)

GIS

General Mills

$60.68

1.45 (2.45%)

K

Kellogg

$74.17

1.27 (1.74%)

CPB

Campbell Soup

$58.60

0.12 (0.21%)

CL

Colgate-Palmolive

$73.15

1.17 (1.63%)

KMB

Kimberly-Clark

$133.18

1.25 (0.95%)

CLX

Clorox

$134.98

1.27 (0.95%)

HSY

Hershey

$108.33

1.08 (1.01%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Feb

  • 01

    Mar

  • 19

    Mar

11:38
02/21/17
02/21
11:38
02/21/17
11:38
General news
6-Month Bill Auction Bid/Cover data reported »

6-Month Bill Auction…

11:38
02/21/17
02/21
11:38
02/21/17
11:38
General news
6-Month Bill Auction Total Amount data reported »

6-Month Bill Auction…

11:37
02/21/17
02/21
11:37
02/21/17
11:37
General news
3-Month Bill Auction Bid/Cover data reported »

3-Month Bill Auction…

11:37
02/21/17
02/21
11:37
02/21/17
11:37
General news
3-Month Bill Auction Total Amount data reported »

3-Month Bill Auction…

PLKI

Popeyes

$66.12

-0.26 (-0.39%)

, QSR

Restaurant Brands

$57.55

3.65 (6.77%)

11:36
02/21/17
02/21
11:36
02/21/17
11:36
Downgrade
Popeyes, Restaurant Brands rating change  »

Popeyes downgraded to…

PLKI

Popeyes

$66.12

-0.26 (-0.39%)

QSR

Restaurant Brands

$57.55

3.65 (6.77%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Feb

  • 23

    Feb

  • 23

    Mar

HLF

Herbalife

$61.22

-0.01 (-0.02%)

11:36
02/21/17
02/21
11:36
02/21/17
11:36
Options
Herbalife put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 23

    Feb

GPC

Genuine Parts

$99.10

-1.57 (-1.56%)

11:32
02/21/17
02/21
11:32
02/21/17
11:32
Hot Stocks
Genuine Parts sees FY17 automotive, industrial sales up 3%-4% »

Says U.S. sales…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

11:30
02/21/17
02/21
11:30
02/21/17
11:30
General news
The Bund/T-note spread continued to widen to -212 bp »

The Bund/T-note spread…

FCH

Felcor Lodging

$7.89

0.66 (9.13%)

, AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

11:27
02/21/17
02/21
11:27
02/21/17
11:27
Hot Stocks
Breaking Hot Stocks news story on Felcor Lodging, Ashford Hospitality »

Felcor: Company, Ashford…

FCH

Felcor Lodging

$7.89

0.66 (9.13%)

AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Feb

  • 23

    Feb

  • 24

    Feb

FCH

Felcor Lodging

$7.89

0.66 (9.13%)

, AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

11:26
02/21/17
02/21
11:26
02/21/17
11:26
Hot Stocks
Breaking Hot Stocks news story on Felcor Lodging, Ashford Hospitality »

Felcor Lodging says has…

FCH

Felcor Lodging

$7.89

0.66 (9.13%)

AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Feb

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    Feb

  • 24

    Feb

COP

ConocoPhillips

$48.37

0.86 (1.81%)

11:26
02/21/17
02/21
11:26
02/21/17
11:26
Options
ConocoPhillips call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 06

    Mar

FCH

Felcor Lodging

$7.87

0.64 (8.85%)

, AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

11:25
02/21/17
02/21
11:25
02/21/17
11:25
Hot Stocks
Felcor Lodging confirms unsolicited offer from Ashford Hospitality »

FelCor Lodging Trust…

FCH

Felcor Lodging

$7.87

0.64 (8.85%)

AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Feb

  • 23

    Feb

  • 24

    Feb

11:25
02/21/17
02/21
11:25
02/21/17
11:25
Conference/Events
CFA Society of Philadelphia to hold a luncheon meeting »

Luncheon Meeting where…

11:25
02/21/17
02/21
11:25
02/21/17
11:25
Conference/Events
Federal Reserve Bank of Philadelphia President speaks on economic outlook »

Philadelphia Federal…

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