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2013-04-12 21:34:01
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FISKER House panel to hold hearing on financially troubled Fisker Automotive<http://www.washingtontimes.com/news/2013/apr/10/house-panel-hold-hearing-financially-troubled-fisk/?utm_source=RSS_Feed&utm_medium=RSS> Washington Times 4/10 A House Oversight and Government Reform subcommittee is set to investigate Fisker Automotive. “The hearing will examine taxpayer support offered to Fisker Automotive, including the loan guarantee Fisker received from the U.S. Department of Energy”. The hearing is set for April 24th. EFH Battle heats up over fate of troubled energy buyout<http://dealbook.nytimes.com/2013/04/08/a-battle-intensifies-over-the-fate-of-energy-future-holdings/> NYT 4/8 An analysis of recent movements around EFH restructuring. Sierra Club steps up campaign against Energy Future Holdings<http://www.dallasnews.com/business/energy/20130411-sierra-club-steps-up-campaign-against-energy-future-holdings.ece> Dallas News 4/11 The Sierra club recently ramped up its campaign aimed at forcing Energy Future Holdings Corp., to phase out its biggest, oldest and most polluting coal plants. NTE Bakken weakens against WTI as Northern Tier turnaround nears<http://www.bloomberg.com/news/2013-04-08/bakken-weakens-against-wti-as-northern-tier-turnaround-nears.html> Bloomberg 4/8 Bakken’s differential to domestic benchmark West Texas Intermediate weakened more than any other U.S.-produced crude with the approach of a turnaround at Northern Tier Energy LP’s Minnesota refinery. TEKELEC Tekelec tops policy vendor list for 2012<http://www.billingworld.com/news/2013/04/tekelec-tops-policy-vendor-list-for-2012.aspx> Billingword 4/9 Market-research company Exact Ventures has placed Tekelec at the top of its heap of independent policy vendors for 2012. Tekelec to present ‘Policy Everywhere’ at policy control and data pricing conference<http://www.businesswire.com/news/home/20130409005089/en/Tekelec-Present-%E2%80%98Policy-Everywhere%E2%80%99-Policy-Control-Data> Businesswire 4/9 Tekelec will speak in two sessions about extending Policy Everywhere SEAWORLD SeaWorld seeks up to $540mm in I.P.O.<http://dealbook.nytimes.com/2013/04/09/seaworld-seeks-up-to-540-million-in-i-p-o/> NYT 4/9 The company plans to sell 20 million shares at $24 to $27 a piece, with half coming from Blackstone. That would value SeaWorld at around $2.4bn. WEATHER Michael Rubin to lead Long Form Programming at The Weather Channel<http://press.weather.com/press-releases/michael-rubin-lead-long-form-programming-weather-channel/> Weather 4/12 Michael Rubin is currently VP of long form for MSNBC. PRIVATE EQUITY Private Equity panel advises Ernest Moniz<http://blogs.wsj.com/privateequity/2013/04/08/private-equitys-advice-for-secretary-of-energy-nominee-ernest-moniz/> WSJ 4/8 The nominee for U.S. secretary of was urged to reach out to other governmental agencies, to proceed with caution in lifting the current moratorium on the export of natural gas, and to place greater investment in natural gas infrastructure. Private Equity Investors in China told to toughen up<http://blogs.wsj.com/privateequity/2013/04/09/youre-fired-private-equity-investors-in-china-told-to-toughen-up/> WSJ 4/9 Investors at the SuperReturn China conference were told that firms needed to be ruthless in restructuring portfolio companies’ management and stop relying on IPO’s. KKR appoints new Japan Chairman, Chief Executive<http://blogs.wsj.com/privateequity/2013/04/10/kkr-appoints-new-japan-chairman-chief-executive/> WSJ 4/10 KKR appointed a turnaround expert as new chief executive to its Tokyo office, as it ups its presence in the notoriously difficult Japanese market. Private Equity fundraising down in Q1<http://blogs.wsj.com/privateequity/2013/04/12/the-morning-leverage-private-equity-fundraising-down-12-in-q1/> WSJ 4/12 Hillary Canada reports that U.S. fundraising dropped 12% year-on-year
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