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RSCI news 9.14
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smomtazi@rosemontseneca.com
DATE:
2012-09-14 19:19:35
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darcher@rosemontcapital.com
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FISKER FIsker sets EV charging record in Netherlands<http://media.fiskerautomotive.com/global/en-us/Media/PressRelease.aspx?mediaid=941&title=fisker-sets-two-electric-vehicle-world-records> Fisker 9/9 The largest gathering of owners of the Fisker Karma occurred on 2ndSeptember 2012 in the Netherlands, which included 45 electric vehicles charging together in one place: a new world record. Fisker faces challenges selling in China<http://www.plugincars.com/fisker-faces-challenges-selling-karma-china-124372.html> Plug-in Cars 9/13 Fisker may struggle to distribute its vehicles through an effective dealership network in China. ENERGY FUTURE HOLDINGS Fitch revises U.S. corporate ratings after change in rating scale<http://in.reuters.com/article/2012/09/12/idINWNA515920120912> Reuters 9/12 Energy Future Holdings Corp.: --Senior secured notes rating to 'CCC+'/'RR1' from 'B'/'RR1'; --Senior unsecured notes rating to 'CCC-'/'RR3' from 'CCC'/'RR3'. Energy Future Intermediate Holdings Corp.: --Senior secured notes rating to 'CCC+'/'RR1' from 'B'/'RR1'. Coal-Fired plants mothballed by Gas Glut<http://online.wsj.com/article/SB10000872396390443696604577645713658834228.html> WSJ 9/11 An article on the preference for gas plants over coal-fired plants, which mentions the Luminant coal plant threats. TEKELEC Tekelec wins Diameter deal at T-Mobile USA<http://www.rethink-wireless.com/2012/09/11/tekelec-wins-diameter-deal-t-mobile-usa.htm> Rethink Wireless 9/11 Tekelec scored a big carrier deal with T-Mobile USA. They will provide Diameter Signally Routers that help the network handle large volumes of cellphone signals. HEALTHSCOPE Healthscope reaches out to financiers<http://www.theaustralian.com.au/business/healthscope-reaches-out-to-financiers/story-e6frg8zx-1226472968767> The Australian 9/13 The company hosted an analyst tour of its Norwest Private Hospital in New South Wales on 9/12 to sell the company’s growth profile. Healthscope reported a $15.5MM full-year profit on revenue of $2.1BN. THE WEATHER CHANNEL Beat the Traffic acquired by Weather Network owners<http://www.tuaw.com/2012/09/11/beat-the-traffic-acquired-by-weather-channel-owners/> TUAW 9/11 The popular third-party navigation app has been acquired by Pelmorex Media, which also owns the Weather Channel. PRIVATE EQUITY Private Equity maintains its focus on Health-care IT deals<http://blogs.wsj.com/privateequity/2012/09/11/private-equity-maintains-its-focus-on-health-care-it-deals/> WSJ 9/11 The private equity industry is supporting the efforts of the health-care industry to integrate more tightly with information technology. KKR’s health initiative focus on ‘Double Bottom Line’<http://blogs.wsj.com/privateequity/2012/09/13/kkr-unveils-health-initiative-with-goal-to-lower-employer-health-costs/> WSJ 9/13 KKR has joined with the American Heart Association to research the effectiveness of corporate wellness programs. Pitchbook releases Presentation Deck 3Q 2012<http://mkto-g0022.com/track?type=click&enid=bWFpbGluZ2lkPXBpdGNoYm9va0JldGFjdXN0LTM4NDItMTI1MTAtMC00ODc1LXByb2QtNDk1NCZtZXNzYWdlaWQ9MCZkYXRhYmFzZWlkPTQ5NTQmc2VyaWFsPTEyNjUyNjcwNzMmZW1haWxpZD1zbW9tdGF6aUByb3NlbW9udGNhcGl0YWwuY29tJnVzZXJpZD0xNDUwMDEzLTEmZXh0cmE9JiYm&&&http://www.pitchbook.com/The_Private_Equity_Presentation_Deck_3Q2012.html?mkt_tok=3RkMMJWWfF9wsRols6jLZKXonjHpfsX57%2BktWaa1lMI%2F0ER3fOvrPUfGjI4FRMVnI%2FqLAzICFpZo2FFIE%2FSWdIJP9f4%3D> Pitchbook 9/14 Yearly deal volume is at its slowest since 2003; Capital investment is down; Healthcare and IT investment increased; exit activity slowed; 33 funds closed in Q2’2012 with $35BN in commitments, a 75% increase over the previous quarter
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