- The Wall Street Journal•12 hours ago
The partnership is principally funded by the New York firm’s KKR Energy Income and Growth Fund I.
- Reuters•15 hours ago
Germany's Commerzbank will cut more than a fifth of its workforce and suspend its dividend as it tackles the challenges of low interest rates, weak profits and the shift to online banking. Germany's second biggest lender said on Thursday it plans to cut 9,600 of its 45,000 full-time positions, a more drastic move than the 10 percent staff reduction at larger rival Deutsche Bank, which remains under pressure for deeper cost cuts. Commerzbank said its overhaul, which includes merging its four main business segments into two and moving 80 percent of its processes online, would make its earnings less volatile.
- Bloomberg•18 hours ago
KKR & Co. LP and closely held Venado Oil & Gas LLC announced a partnership to buy producing oil and natural gas assets in the Eagle Ford Shale region of South Texas. Terms weren’t disclosed.
KKR & Co. L.P. (KKR)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||14.01 x 300|
|Ask||14.50 x 1500|
|Day's Range||14.04 - 14.31|
|52wk Range||10.89 - 19.20|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-16.11|
|Avg Vol (3m)||2,149,426|
|Dividend & Yield||0.64 (4.57%)|