PHILADELPHIA, June 13 (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co is investing $400 million in a joint venture with Hilcorp Energy Co to develop the Eagle Ford Shale in South Texas, The Wall Street Journal reported on Sunday. KKR and Hilcorp could not be immediately reached for comment. Hilcorp will control 60 percent of the joint venture and run its operations, the newspaper ...

HONG KONG (MarketWatch) -- J.P. Morgan Chase & Co. has formed a joint venture with China's First Capital Securities Co., laying the groundwork for the Wall Street bank to underwrite share sales in the country's booming securities market, according to reports. The agreement between J.P. Morgan and Shenzhen-based First Capital will give the U.S. group a one-third stake in the venture. The two ...

The Raj Rajaratnam / Galleon Group insider trading case is showing new signs of being a more serious problems for insiders in Silicon Valley. In the latest twist, the Wall Street Journal reports that former Advanced Micro Devices (AMD) CEO Hector Ruiz is the AMD exec referred to in a criminal case filed by the Manhattan D.A.’s office which alleges that an unnamed executive of the chip maker shared confidential information with defendant Danielle Chiesi , a former employee of the

Stocks fall after new government reports delivered mixed signals on the state of the economic recovery The Labor Department said lower energy prices pushed U.S. wholesale prices lower in September, leaving a larger-than-expected monthly decline in the producer price index. Wall Street economists expected a flat reading. The drop comes after a steep rise in August. Separately, the Commerce Department said home building rose a third time in four months during September, reflecting higher sales

Joint mobile phone venture Sony Ericsson has reported poor earnings once again this morning, although the loss was more narrow than expected by Wall Street analysts. For the Q3 2009, losses amounted to euro 164 million (about $245 million USD). Last year, for the same period, losses came to euro 25 million. Revenue was crushed as well, dropping from euro 2.8 billion to 1.6 billion year-on-year. Handset units rose to 14.1 million, up 2 percent for the quarter but still down 45 percent for