Investmentsandequity-blog - Investments And Equity

Green Portfolio Surpasses Expectations.

Green Investor Alert: KKR's (NYSE:KKR) Green Portfolio Program Surpasses $900 Million in Financial Impact While Improving Environmental Performance of Private Equity Portfolio Companies

About KKR

Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $83.5 billion in assets under management as of June 30, 2013. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with fund investors through its client relationships and capital markets platform. KKR & Co. L.P. is publicly traded on the New York Stock Exchange (NYSE:KKR), and "KKR," as used in this release, includes its subsidiaries, their managed investment funds and accounts, and/or their affiliated investment vehicles, as appropriate. For additional information, please visit KKR's website at www.kkr.com

Earnings Equals Opportunities, Ford, 3M, & More In Play

European Credit Manager Avoca Sells

The Europe's Avoca Capital Holdings is an employee owned investment management firm. They have recently announced that they will be selling to the American private equity firm KKR.

Avoca Capital Logo This sale should be a good deal for both companies, which should complement each other well. Fitch ratings claims that the transaction should not affect Avoca Capitals highest standard's asset manager rating. Fitch also claims there will be good synergy between the two companies. The combined assets of both firms is approximately $28 billion, of which $8 billion is under management by Avoca Capital. There may be some conflicts of interests between assets of the two firms but this should not create any major problems. Fitch believes that Avoca will grow supported by KKR's brand and distribution capability. In addition KKR will assist Avoca to meet new European risk retention regulations. These rules make operations more expensive for smaller firms who are unable to handle the burden. The operational transaction risk for the two companies is relatively low. Moving forward all Avoca staff will become KKR employees, however there will be no change in reporting lines or processes, systems or locations. Short term measures have been taken to retain senior Avoca staff through incentives. operational risk associated with transaction will be low. avoca staff will become kkr employees, but there will be no change in reporting lines processes, systems or locations on the short term. measures have been taken to incentivise the retention of senior staff.

HSBC lawsuits and federal security law

HSBC has to pay 2.46 billion after a class action lawsuit claiming it violated federal securities laws.Lawyers for the plaintiff said this lawsuit included $1.48 billion in damager and nearly $1 billion in prejudgement interest. This is the biggest settlement ever following a securities fraud class action trial. HSBC formerly Household International is Europe's biggest bank by market value. In the lawsuit there were three plaintiffs represented by James Glickenhaus of Glickenhaus & Co. My Glickenhaus said that the judgment, "shows that the fraud committed by Household International and the individual defendant officers will not go unpunished, and we look forward to having the judgment affirmed on appeal." The lawsuit claimed that the company fraudulently misled investors on numerous cases including, predatory lending practices, quality of loans, and its financial accounting. HSBC's U.S. shares dropped $0.08 on Thursday and are up less than 2% for the year.

http://aclassasset.blogspot.com/2013/10/hsbc-lawsuits-and-federal-security-law.html

City announces plans to install 175 new Divvy bike stations next year and wants to know where you would like to see ‘em.

Cost of Shutdown?

Furloughed federal workers protest outside the U.S. Capitol $24 billion dollars is the answer. The 16 day long government shutdown over financing a healthcare reform for America's poorest citizens, that almost crashed the economy, cost the American Taxpayer $24 billion dollars. This was published in an estimate by Standard and Poor's. Another way to look at this is, it cost $1.5 billion dollars a day. The shutdown had a large affect on the economy, and it was estimated that fourth quarter GDP growth  will be reduced from 3% to 2.5%. A breakdown of losses: $3.1 billion was lost to government services according to research firm IHS. $152 million was lost each day to travel spending by the U.S. Travel Association. $76 million per day was lost because the National Parks were closed. $216 million per day was lost in contractor wages in the D.C. area alone. The shutdown affected hundreds of thousands of federal workers. It affected small businesses and stalled many business loans. It put a halt on tourism in many areas and affected military families who rely on child services. Many federal workers will receive furloughed pay, but contractors will not. Financial predictions expect this to affect spending during the holidays. It is still amazing that our politicians would be so irresponsible to let the U.S. government shutdown for over two weeks. The future does not look promising either. The decision made last week to reopen the government is not a solution to the problem but merely a delay until January when the fight over spending and the debt ceiling will come down to another deadline. Hopefully our leaders in Washington can figure this out before then, as usual I am skeptical.

http://aclassasset.blogspot.com/2013/10/how-much-did-that-shutdown-actually-cost.html

Happening NOW on Yahoo Finance! Breakout’s live coverage of the #TwitterIPO as $TWTR begins trading today! Tune in here http://finance.yahoo.com/blogs/breakout/watch-twitter-ipo-live-stream-coverage-nov-7-194141440.html

Microsoft Corporation (MSFT) is coming under some selling pressure this morning. The stock is trading lower by 0.60 cents to $38.10 a share. Day trade…

Microsoft Corporation (MSFT) is coming under some selling pressure this morning. The stock is trading lower by 0.60 cents to $38.10 a share. Day traders should watch for intra-day support around the $37.90 level. This is an area where the stock could stage a minor intra-day bounce.

Nicholas Santiago

www.InTheMoneyStocks.com