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Thursday 22 October 2015
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(DKS) (EROS) (KKR) Active News Update: Dicks Sporting Goods (NYSE:DKS), Eros International (NYSE:EROS), KKR & Co (NYSE:KKR)

On Wednesday, Shares of Dicks Sporting Goods Inc (NYSE:DKS), lost -4.46% to $47.08. The stock attained the volume of 2.30 million shares.

DICK’S Sporting Goods (DKS), the largest U.S. based full-line omni-channel sporting goods retailer, will be opening its relocated store on Saturday, October 24th at Liberty Center in Liberty Township, OH (7675 Warehouse Row).

DICK’S two-day grand opening celebration will run through Sunday, October 25th. The store will open at 9:00 a.m. Saturday and 10:00 a.m. Sunday.

The store was originally located at Springdale at Tri-County Commons. Enhancements to the new location will include expanded Brand Shops, a Women’s Studio Apparel Department, a Soccer Shop, Lacrosse Shop and Baseball Shop. Customers can also experience a new, full service footwear deck, expanded assortment and enhanced service to meet their needs.

Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.

Shares of Eros International plc (NYSE:EROS), dropped -19.66% to $24.88, during its last trading session.

Eros International Plc (EROS) (“Eros”), a leading global company in the Indian film entertainment industry, declared the acquisition of PingTune, a UK-based music messaging company that allows fans to discover, share and listen to music through their app on iOS & Android. The PingTune acquisition provides Eros’ digital platform ErosNow with a first mover advantage in building a differentiated, one-of-a-kind music experience over any other major platform in India.

PingTune is a UK-based music and artist messaging and discovery platform that allows a deeper social connection between music, fans, and artists. PingTune allows fans to discover, share and listen to music through their app. In addition, PingTune enables artists to create and own official profiles so that they can interact and deliver content directly to fans.

Eros International PLC, together with its auxiliaries, co-produces, acquires, and distributes Indian language films in various formats worldwide. The company distributes its film content across various distribution channels, such as theatrical, which comprises multiplex chains and stand-alone theaters; television syndication that comprises satellite television broadcasting, cable television, and terrestrial television; and digital platforms, which comprise of Internet protocol television, video on demand, and Internet channels, in addition to on-demand entertainment portals through Internet-enabled devices.

Finally, KKR & Co. L.P. (NYSE:KKR), ended its last trade with -1.59% loss, and closed at $17.61.

The stock closed at a distance of -2.32% from 20-day simple moving average. In the last trading session, the stock’s price moved -19.45% below its 200 day moving average, changing hands as low as $2.29 per share. The stock is presently trading -9.97% below its SMA 50.

KKR & Co. L.P. (KKR) declared that it plans to release its financial results for the third quarter 2015 on Tuesday, October 27, 2015, after the closing of trading on the New York Stock Exchange.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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