[Moody's announced new full-year 2012 guidance]
Online PR News – 13-September-2012 – Las Vegas, NV – Kohlberg Kravis Roberts & Co. (NYSE:KKR) KKR confirmed that all necessary consents and regulatory approvals to acquire Prisma Capital Partners LP ("Prisma") have been obtained and that the closing is anticipated to occur in October 2012. KKR announced its agreement to acquire Prisma, a leading provider of customized hedge fund solutions, on June 18, 2012. Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $61.5 billion in assets under management as of June 30, 2012. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with investors through its client relationships and capital markets platform. KKR is publicly traded on the New York Stock Exchange (NYSE:KKR). For additional information, please visit KKR's website at www.kkr.com.
Moody's Corporation (NYSE:MCO) MCO reported today announced new full-year 2012 guidance. Moody's EPS guidance range for full-year 2012 is now $2.76 to $2.86. Moodys pro-forma EPS guidance range is $2.70 to $2.80. Pro-forma EPS excludes an approximate $0.06 per share benefit related to the favorable resolution of a legacy tax matter in the third quarter of 2012. For Moody's overall, MCO now expects full-year 2012 revenue to grow approximately 12 percent to 13 percent. Full-year 2012 expenses are now also expected to increase approximately 12 percent to 13 percent. Full-year 2012 operating margin is still projected to be approximately 39 percent. The effective tax rate is now expected to be approximately 32 percent. MCO is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $2.3 billion in 2011, employs approximately 6,500 people worldwide and maintains a presence in 28 countries. Further information is available at www.moodys.com.
Crown Equity Holdings Inc. (CRWE) CRWE has launched two online service companies CRWE Direct (www.crwedirect.com) and CRWE Real Estate (www.crwerealestate.com). CRWE launched CRWE Real Estate to provide a global portal for property listings at a fee of only $1 a day. CRWE Real Estate mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages. CRWE Direct is an online business-to-business marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com.
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