KKR & Co. L.P. (NYSE:KKR) the investment company is now playing to another tune by moving on technology company Internet Brands. One of the emerging big names in the online media vertical will soon become part of the KKR empire. Internet Brands owned by Hellman & Friedman along with JMI equity will now be part of KKR, once the company moves beyond the definitive agreement window-period. Other stakeholders will be the CEO of Internet Brands- Bob Brisco as well as the management team of the online media company. KKR & Co. L.P. (NYSE:KKR) net profit margin is 77.40% and weekly performance is 1.92%. On last trading day company shares ended up $23.35. Analysts mean target price for the company is $28.50. KKR & Co. L.P. (NYSE:KKR) distance from 50-day simple moving average (SMA50) is 3.09%.
Moody’s Investors services assigned A2 global scale ratings to America Movil SAB de CV (ADR) (NYSE:AMX)’s proposed issuance of up to EUR 600 million senior unsecured notes. The notes will rank equally in right of payment with all other unsecured and unsubordinated debt obligations of America Movil maturing in 2018. Proceeds from the notes will be used for corporate purposes, including debt refinancing. America Movil SAB de CV (ADR) (NYSE:AMX) shares advanced 0.97% in last trading session and ended the day on $19.72. Gross Margin is 54.40% and its return on assets is 11.60%. America Movil SAB de CV (ADR) (NYSE:AMX) quarterly performance is 2.76%.
On May 30, Applied Micro Circuits Corporation (NASDAQ:AMCC) and Canonical demonstrated for the first time a production software deployment on 64-bit ARM architecture at an event in Taipei Friday. The demonstration used the latest OpenStack (Icehouse) release using Ubuntu 14.04 LTS in a KVM virtualized environment on a server based on Applied Micro’s X-Gene System-on-Chip. The applications included Elasticsearch, SugarCRM, Kibana, Logstash, Hadoop and MediaWiki. Applied Micro Circuits Corporation (NASDAQ:AMCC) shares moved up 0.73% in last trading session and was closed at $8.98, while trading in range of $8.88 – $9.10. Applied Micro Circuits Corporation (NASDAQ:AMCC) year to date (YTD) performance is -32.80%.
Vitesse Semiconductor (NASDAQ:VTSS) introduced the latest generation of its SparX-III Ethernet switches, offering nearly 70 percent faster time-to-market over traditional methods. Vitesse Semiconductor (NASDAQ:VTSS) ended the last trading day at $3.76. Company weekly volatility is calculated as 4.48% and price to cash ratio as 4.56. Vitesse Semiconductor (NASDAQ:VTSS) showed a positive weekly performance of 4.16%.
O May 28, German chemical firm BASF SE (ADR) (OTCMKTS:BASFY) has unveiled plans to increase its investments in research and development (R&D) this year and expects to carry out 50% of its research activities outside Europe by 2020. BASF SE (ADR) (OTCMKTS:BASFY) On last trading day company shares ended up $114.93 .