Morning News Tuesday June 12th 2007
General News: - Wall Street Journal reports of a large amount of leveraged loans that are outstanding within the ballpark of almost $500 billion. - Wall Street Journal says that the New-York based private-equity firm, Kohlberg Kravis Roberts & Co. (KKR) has run out of some of its traditional investors for deal-making and is turning to hedge funds for its funding. - Drop in gasoline prices has helped some discretionary spending. June sales are expected to rise about 2%, according to the International Council of Shopping Centers, ICSC. - The International Energy Agency has raised its global forecast for oil…