Dallas, TX -- (SBWIRE) -- 03/14/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
KKR & Co. L.P.(NYSE:KKR) shares increased 2.24% to $19.63. The company, on Mar. 11, has confirmed a contract to purchase industrial-pump manufacturer Gardner Denver, Inc. (NYSE:GDI) for $76 per share. The terms of the deals, which the report declared that value Gardner Denver at around $3.74B.
Additionally, the company, on Mar. 4, has expanded its team in Japan ahead of closing its new $6 billion pan-Asia fund with specialist hires from Goldman Sachs Group Inc and consultancy firm McKinsey & Co.
How Should Investors Trade KKR After The Recent Price movement? Find out Here
The Blackstone Group L.P.(NYSE:BX) shares climbed 2.20% to $20.44. Blackstone Group LP and TPG Capital recently have placed separate final bids for Australia's largest poultry producer, Inghams Chicken, sources with direct knowledge of the matter told Reuters last week. The bids could value the privately owned company at around A$800 million dollars ($821 million), according to sources.
Additonally, private equity firm Blackstone Group LP last month said it is leading the charge for investments into India's commercial real estate market after the recent global recession has lowered interest in its once red hot residential market. As a result, the number of unsold units has risen, causing a glut in the market.
Is BX a Strong Buying Opportunity After The Recent Slump? Find out Here
BG Medicine, Inc.(NASDAQ:BGMD) shares gained 2.20% to $1.86. The Company, on Mar. 13, announced its fourth quarter results. Product revenue from the BGM Galectin-3 test was $1.0 million in the fourth quarter of 2012 versus $0.3 million in 2011. Total revenues of fourth quarter 2012, were $1.1 million compared to $0.4 million in 2011. Net loss for the quarter was $2.9 million compared to loss of $4.7 million of 2011.
Is BGMD a Buy After The Latest Price Action? Find Out Here
Dean Foods Company (NYSE:DF) shares gained 2.19% to $18.20. Credit Suisse upgraded shares of DF from a neutral rating to an outperform rating in a research report released on Mar. 6. Credit Suisse currently has $21.00 price target on the stock, up from their previous price target of $18.00.
Additionally, the company, on Feb. 13, reported a net profit of $37 million, or 20 cents per share, for the quarter ended December. Total operating costs and expenses fell 15 percent to $644.9 million. Revenue rose 3 percent to $3 billion. Additionally, the company also forecasted a first-quarter profit of 22 cents to 27 cents per share. The company said it would cut fixed costs by closing 10 to 15 percent of its plants and eliminating many distribution routes.
Is DF a Buy After The Latest Price Action? Find Out Here
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