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The Blackstone Group (NYSE:BX) is putting the finishing touches on its sixth global buyout fund, which will close out at approximately $15 billion.

Krispy Kreme Doughnuts Inc. (NYSE:KKD) reported financial results for the third quarter of fiscal 2011, ended October 31, 2010. Revenues increased 7.9% to $90.2 million from $83.6 million. Excluding the effects of refranchising Company stores, revenues rose 9.6%. Company same store sales rose 5.0%, the eighth consecutive quarterly increase. Operating income rose to $4.1 million from $633,000.

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