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RSCI News 12/14
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2012-12-14 16:19:46
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*FISKER* Fisker hired Evercore to seek partners, rules out sale<http://www.reuters.com/article/2012/12/07/us-fisker-evercore-idUSBRE8B610V20121207> Reuters 12/7 Fisker has hired investment bank Evercore Partners to search for partners and investors. Evercore advised General Motors during its restructuring and IPO. The Fisker director who lasted less than 2 months<http://finance.fortune.cnn.com/2012/12/12/fisker-director-2-months/> CNN 12/12 Scott Sandell left the board between April and September while Lawrence Penn and Mindy Grossman left since the 9/26 SEC filing. Peter McDonnell, from Advanced Equities, is now listed on the board. Fisker revenue nears $200MM<http://finance.fortune.cnn.com/2012/12/13/exclusive-fisker-revenue-nears-200-million/> CNN 12/13 Fisker sales are strong, but well below expectations and the $400MM projection in February. *AIRVANA* *Samsung takes top spot in femtocell market<http://www.fiercemobileit.com/story/samsung-takes-top-spot-femtocell-market/2012-12-11> * Fierce MobileIT 12/11 Samsung has overtaken Airvana’s top position in the global wireless femtocell market, posting an aggressive 45% revenue increase in the third quarter compared to the second quarter. Airvana had a double digit quarter-over-quarter decline in revenue in Q3. *ENERGY FUTURE HOLDINGS* Moody’s raises its outlook for EFH<http://www.dallasnews.com/business/energy/20121206-moodys-raises-its-outlook-for-energy-future-holdings.ece> Dallas News 12/6 Moody’s has changed its outlook from “negative” to “developing for EFH and Energy Future Intermediate Holding Co. TXU bond plunge reaps $450MM windfall.<http://www.businessweek.com/news/2012-12-10/txu-bond-plunge-reaps-450-million-windfall-corporate-finance> Bloomberg Businessweek 12/10 EFH exchanged $1.15BN of new notes for old ones with a face value of $1.6BN Luminant CEO David Campbell to resign at year end<http://www.bloomberg.com/news/2012-12-12/luminant-ceo-david-campbell-to-resign-at-year-end-1-.html> Bloomberg 12/13 Campbell will be replaced by Mac McFarland, executive VP of EF and Executive VP and CCO of Luminant since July 2008 *THE WEATHER CHANNEL* TWC makes big catch with “Reel Rivals”<http://press.weather.com/press-releases/the-weather-channel-makes-big-catch-with-reel-rivals/> Weather 12/10 The Weather Channel announced it has greenlit a series that follows the fierce competition to land Florida’s trophy fish. The episodes will premiere in May 2013. TWC introduces index for rating winter storms<http://press.weather.com/in-the-news/the-weather-channel-introduces-index-for-rating-winter-storms/> Weather 12/13 The Weather Channel has unveiled a new numeric system for rating the impact of winter storms, entitled STORM:CON. *TEKELEC* Tekelec’s Diameter Signaling router receives “Best LTE traffic management produce” award<http://www.marketwire.com/press-release/tekelecs-diameter-signaling-router-receives-best-lte-traffic-management-product-award-1736228.htm> Marketwire 12/11 This is the third aware in a month for the market-leading product *MARSICO* Money manager Tom Marsico, mutual fund family have their hands full<http://www.denverpost.com/business/ci_22149909/money-manager-tom-marsico-mutual-fund-family-have> Denver Post 12/10 An article on Tom Marsico, the funds, and the recent recapitalization. These funds are set to make hefty taxable distributions<http://news.morningstar.com/articlenet/article.aspx?id=577537> Morningstar 12/10 Two Marsico funds are on the list. *PRIVATE EQUITY* *Audax Acquires Data Intensity, aims for larger platform<http://pevc.dowjones.com/Article?an=DJFLBO0020121213e8cdqdt1n&cid=&ctype=&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%3a80%2fArticle%3fan%3dDJFLBO0020121213e8cdqdt1n%26cid%3d%26ctype%3d> * DowJones 12/13 Audax recapitalized Data Intensity Inc., giving it a platform to build a business with a host of cloud services for enterprise software. Court Square puts Vestcom on its shelf<http://blogs.wsj.com/privateequity/2012/12/13/the-morning-leverage-court-square-puts-vestcom-on-its-shelf/> WSJ 12/13 Court Square Capital Partners has agreed to acquire Vestcom International, a maker of shelf edge price labels and ad signs, from Lake Capital Partners and Stephens group. Private Equity Deals<http://finance.fortune.cnn.com/2012/12/14/private-equity-deals-261/> CNN 12/14 List of recent deals
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