KKR & Co names former Prudential Plc unit head Martin Moore as senior adviser. Private equity firm KKR & co. appointed former Prudential Plc (PRU) property unit director Martin Moore as senior adviser for real-estate affairs, confirmed the company in a statement.
Firm Management
BlackBerry fires 250 employees due to weak earnings
BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.
Lewis and Roca to merge with 110-year-old Denver law firm
The planned merging of law firms Lewis and Roca LLP and Rothgerber could give Denver-based Rothgerber the stronger presence it needs.
KKR Group may have to salvage US$48 billion TXU investment with junior bonds
KKR & Co. and TPG may have to rely on US$1.48 billion junior bonds to offset failing TXU investment.
XL Group partners with Stone Point to form Bermuda investment arm
XL Group and Stone Point Capital joins forces and resources for new investment management unit. XL Group and Stone Point Capital LLC announced the finalization of their new Bermuda-based investment management company for insurance-linked securities and other reinsurance capital market products on Thursday.
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IT company SevOne appoints high-profile CEO to help the firm become the "next great technology company."
Aston Martin announces collaboration with Daimler for new engine production. Global luxury carmaker Aston Martin announced on Thursday that it is planning to sign a deal with Daimler's Mercedes-AMG GmbH unit for the release of a new line of bespoke v8 engines.
While the roots of crisis are embedded, the ways to avoid and be insulated from their results is entirely within the power of the individual.
The Washington Redskins has signed on BDO USA as its official accounting firm. Consulting organization BDO USA announced earlier today that it has signed a deal with The Washington Redskins as the football league's exclusive accounting firm.
Dow Chemical revenue continues to climb as demands for crop protection products and plastics increase.
Credit Suisse's investment bank improved group profit but investors remain concerned about the Swiss bank's future.
England & Company has just hired Corey Luskin as Managing Director for its Technology Investment Banking Group.
U.S. automaker General Motors kept up profit gain with aggressive cost-cutting strategy. General Motors Co reported on Thursday that its second quarter revenue reached US$39.
Ulmer & Berne LLP has hired Patrick G. King as partner. Ulmer & Berne LLP has hired Patrick G. King, as a partner who will be based in the Chicago office.
