Tuesday, August 10, 2010

Townhall News KKR cancels plans for $500 million stock offering - Town Hall
KKR & Co. LP, the parent company of private equity firm Kohlberg Kravis Roberts, shelved plans for a $500 million stock offering, citing unfavorable market conditions. The company on Monday reported that net

Father, Son Charged in Multi-Million Dollar, Multi-State Pot Operation - msnbc.com
Like father, like son. Two Skokie men have been charged with running amulti-million dollar, multi-state pot growing operation, Cook County Sheriff Tom Dart announced Monday. Jay Zimmerman, 69, and his son Alan Zimmerman

Million dollar homes find buyers - Birmingham Business Journal
The appetite for million-dollar plus homes grew a little stronger in the Albany, N.Y., region this year. Eight houses costing $1 million or more sold during the first half of this year, compared to six in the first half

Canada's Dollar Rises to a One-Week High After U.S. Home Sales Increase - Bloomberg
Canada’s dollar reached the highest level in more than a week versus the greenback as gains in U.S. stocks supported demand for currencies tied to economic growth. The Canadian currency strengthened for a

Brangelina Purchase Luxury Home in Italy - AceShowbiz
Brad Pitt and Angelina Jolie have expanded their property empire by investing in a multi-million dollar mansion in Italy. The Hollywood couple has reportedly added to their property portfolio by paying $40 million for a

Pakistan Floods Hit 14 Million People as Heat Parches Russia, U.S. Midwest - Bloomberg
Pakistan’s deadliest floods that affected 13.8 million people may sweep through southern areas, increasing damage to crops and infrastructure. Extreme heat and smoke from wildfires forced people to flee

KKR shelves $500 million stock offering citing market conditions - Chicago Tribune
NEW YORK (AP) — KKR & Co. LP, the parent company of private equity firm Kohlberg Kravis Roberts, shelved plans for a $500 million stock offering, citing unfavorable market conditions. The company on Monday

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