Business briefs
Kkr loss
KKR, the private-equity firm run by Henry Kravis and George Roberts, posted a third-quarter loss of $592.1 million, vs. a profit of $317.3 million a year earlier.
Time Warner
Time Warner made an offer of about $1.4 billion for Endemol, the Dutch producer of “Big Brother” TV shows that is seeking to reorganize, according to sources.
Shares of LinkedIn, the professional-networking Web site, dropped 5.86 percent to $82.37 after reporting a third-quarter loss and announcing a $500 million stock sale.
Zynga dinged
Zynga reported a 43 percent drop in quarterly net income yesterday as the company, known for its FarmVille game on Facebook, plowed money into staff, tech and new games ahead of its IPO.
Apple options
Apple, aiming to maintain its management team in the wake of former CEO Steve Jobs’s death, gave $60 million worth of restricted stock grants to execs Scott Forstall, Bob Mansfield, Peter Oppenheimer, Phil Schiller, Jeff Williams, Bruce Sewell and Eddy Cue.