Search results for "private equity"



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Updated: KDC Solar and CentraState Medical Center Cut Ribbon on 6.31-Megawatt Solar Power System

BEDMINSTER, N.J., Dec. 20, 2014/ PRNewswire/-- KDC Solar LLC has commenced commercial operations of its 6.31- megawatt solar panel system located at CentraState Medical Center in Freehold, New Jersey. The solar panel project is the largest photovoltaic solar system supplying solar energy to any hospital in the state of New Jersey. Among the dignitaries in...
Source: PR Newswire
24 Hour Fitness to Acquire 32 Bally Clubs

SAN RAMON, Calif.---- 24 Hour Fitness USA, Inc. announced that it has acquired 32 fitness clubs from Bally Total Fitness, including clubs located in New York, New Jersey, Denver and the San Francisco Bay Area. For 24 Hour Fitness, which currently serves almost four million members in more than 400 clubs across 18 states, this acquisition firmly establishes the brand' s...
Source: Business Wire
Hanmi Financial Declares Cash Dividend of $0.07 Per Share

LOS ANGELES, Dec. 19, 2014-- Hanmi Financial Corporation, the holding company for Hanmi Bank, today announced that its Board of Directors declared a cash dividend on its common stock of $0.07 per share. Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities across...
Source: Globe Newswire
KKR Income Opportunities Fund Declares Special Distribution of $0.149 Per Share and Monthly Distributions of $0.125 Per Share

NEW YORK---- KKR Income Opportunities Fund today announced additional cash distributions with the record, ex-dividend and payable dates outlined below. A special distribution of $0.149 per common share, will be payable January 30, 2015 to shareholders of record on December 30, 2014. Based on the Fund' s initial public offering price of $20.00 per share and...
Source: Business Wire
Fitch Takes Rating Actions on Private-Sector Venezuelan Banks

NEW YORK---- Fitch Ratings has taken rating actions on the following private-sector Venezuelan banks and one holding company subsequent to the downgrade of the sovereign's Issuer Default Ratings:. --Banco Provincial, S.A., Banco Universal;. These rating actions follow the downgrade of Venezuela's IDRs to' CCC' from' B'.
Source: Business Wire
Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO and CHW) Announce Monthly Distributions for January 2015

NAPERVILLE, Ill., Dec. 19, 2014/ PRNewswire/-- Calamos Investments ®* announced today the declaration of monthly distributions on each common share for its five closed-end funds. For CHI, CHY, CSQ, CGO, and CHW, based on our current estimates, we anticipate that the following amounts are approxi­ mately paid from ordinary income or capital gains: $0.0833, $0.1000, $0.0117,...
Source: PR Newswire
Meredith Whitney's fund in turmoil: Report

Meredith Whitney's hedge fund Kenbelle Capital may be in trouble only a year after it launched.
Source: CNBC.com | By: Hailey Lee
SGOCO Group, Ltd. Announces 2014 Interim Financial Results

HONG KONG, Dec. 19, 2014/ PRNewswire/-- SGOCO Group, Ltd., a company focused on product design, distribution and brand development in display products, today announced its unaudited operating results for the six months ended June 30, 2014. The interim results of SGOCO were adversely impacted by the significant increase in competition and weak industrial growth in...
Source: PR Newswire
Investor in Meredith Whitney's hedge fund wants his money back-Bloomberg

Dec 19- The biggest investor in Meredith Whitney's hedge fund has demanded his money back and two executives have left in the past month, Bloomberg reported, citing a person with knowledge of the firm. Chief Financial Officer Andrew Turchin has also exited, Bloomberg said, quoting the source. Whitney's fund started trading in November 2013 with about $50 million...
Source: Reuters
Overseas Shipholding Group Announces Board and Management Changes

NEW YORK---- Overseas Shipholding Group, Inc. today announced several key management changes as the Company continues to execute its strategy following emergence from bankruptcy in August 2014. Wheat, who has served as a Director of the Company since August 2014, currently also serves as Chairman of AMN Healthcare Services Inc. and as Vice Chairman of Dex Media,...
Source: Business Wire