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KKR's second-quarter earnings plunge on fund values
2013-07-26 19:08:41| Oil & Gas - Topix.net
KKR & Co LP said on Friday that its second-quarter earnings declined by 74 percent as a lower appreciation in its private equity funds overshadowed a quadrupling in the cash it received from the profits its funds generated.
Tags: values
fund
earnings
plunge
True board approves infrastructure fund plan
2013-07-24 03:12:00| Telecompaper Headlines
(Telecompaper) The board of Thai communications group True has approved planned transactions for an infrastructure fund that aims to raise over THB 70 billion. True plans to sell certain infrastructure assets that can be shared with other operators to the fund and will lease back the infrastructure in a transaction that will not exceed THB 55 billion for a term of no more than fifteen years, to continue its operations in mobile, fixed, and pay-TV services. The plan will also see True take-out a stake in the fund that is no more than 33 percent. The company will use the proceeds from the asset sale to partially pay off debts with financial institutions and may also use some of the funds for future projects. The plan still needs to be approved by shareholders.
True Corp plans $2.3bn infrastructure fund IPO
2013-07-23 02:00:00| Total Telecom industry news
Thai telco will spin off assets including its 3G and broadband networks into a separate entity.
CIA to Fund Study to Alter Weather with Geoengineering
2013-07-22 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Nature World News: The Central Intelligence Agency, along with other U.S. government agencies, is partially funding an experiment to control the weather. Under the auspices of scientific research into whether geoengineering techniques can be used to alter Earth's environment and stop climate change, the CIA will partner with the National Academy of Science (NAS) for the 21-month study, which is the first NAS geoengineering study to be funded by the CIA, according to a report by Mother Jones. Payment for the $630,000...
ClearBridge Energy MLP Fund Plans Aug 13 Dividend of $0.40
2013-07-22 15:50:32| Electronics - Topix.net
ClearBridge Energy MLP Fund announced a aug 13 dividend on Monday, July 22nd, StockRatingsNetwork reports.
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