Blackstone Closes EUR5.1 Billion/$7 Billion European Real Estate Fund
Business Wire - Fri Mar 28, 7:46AM CDT
Blackstone (NYSE:BX) is pleased to announce that it has closed its fourth European Real Estate Fund at its cap of EUR5.1 billion ($7 billion). This makes it the largest ever dedicated European Real Estate fund.
'Mad Money' Lightning Round: Marathon Petroleum's For Me
at The Street - Fri Mar 28, 5:00AM CDT
Cramer said to wait on Rite Aid, sell Infoblox and don't gamble on Wynn Resorts or Las Vegas Sands right now.
Blackstone Energy forms partnership for global water development platform
M2 - Fri Mar 28, 4:55AM CDT
Investment and advisory firm Blackstone's (NYSE:BX) energy-focused private equity business, Blackstone Energy Partners disclosed on Thursday a partnership with an experienced management team to create Global Water Development Partners, a new water-investment and development platform.
BlackStone Group Backs La Quinta Holdings Initial Public Offering; Signet Jewelers Beats Fourth Quarter Analysts' Expectations
ACCESSWIRE - Thu Mar 27, 11:37PM CDT
The Blackstone Group L.P. (NYSE: BX), the biggest manager of alternative assets such as private equity and property, is backing La Quinta Holdings Inc. who will raise as much as $780 million from its initial public offering. This is the third hotel chain that Blackstone Group is taking public in six months. Blackstone has been selling or taking public its real estate assets aggressively as the U.S. hotel industry recovers. With more than 830 hotels, La Quinta is one of the largest owners and operators of budget hotels in the United States. The hotel chain posted net income of $44.5 million on total revenue of $909 million, on a pro forma basis, in 2013. Blackstone will hold about 64% stake in La Quinta after the IPO if the underwriters fully exercise their option to buy additional shares, according to the IPO filing.
Jim Cramer's 'Mad Money' Recap: Wall Street Is Confused
at The Street - Thu Mar 27, 7:26PM CDT
Cramer says the market is so full of confusing cross-currents it has him wondering if there's something big around the corner.
La Quinta Files to Raise $780M in IPO
at The Street - Thu Mar 27, 10:48AM CDT
Blackstone books third hotel offering in recent months; price range of $18 and $21 per share implies equity value of up to $2.5 billion.
Blackstone Energy Partners Establishes Global Water Development Platform
Business Wire - Thu Mar 27, 6:30AM CDT
Blackstone Energy Partners, Blackstone's (NYSE: BX) energy-focused private equity business, today announced a partnership with a highly experienced management team to create Global Water Development Partners, a new water-investment and development platform. The team will be led by Usha Rao-Monari, former Global Head of the International Finance Corporation's (IFC) Water and Wastewater Group, and Lars Thunell, former Chief Executive Officer of the IFC.
Blackstone to Take Over Gates Global? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 26, 4:47PM CDT
The Blackstone Group L.P. is set to close a deal with equity investment firms, namely Onex Corp and the Canada Pension Plan Investment Board (CPPIB) to acquire Gates Global Inc.
Dow Drops Amid Soft Underlying Durable Goods
at The Street - Wed Mar 26, 3:28PM CDT
Markets are losing steam Wednesday afternoon as the latest headlines on durable goods orders numbers ultimately fail to generate optimism about U.S. manufacturing conditions.
3 Buy-Rated Dividend Stocks To Check Out: PAA, BX, SNH
at The Street - Wed Mar 26, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
Market Hustle: Stocks Heat Up as Durable Goods Orders Rebound
at The Street - Wed Mar 26, 7:52AM CDT
Stock futures are pointing to a higher open on Wall Street Wednesday after a stronger-than-expected rebound in durable goods orders.
Agreements, Appointments, Dividends, Scheduled Earnings Releases, and Recognitions - Analyst Notes on Huntington Bancshares, Prologis, The Hartford, The Blackstone Group, and Franklin Resources
PR Newswire - Wed Mar 26, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Huntington Bancshares Incorporated (NASDAQ: HBAN), Prologis, Inc. (NYSE: PLD), Hartford Financial Services Group Inc. (NYSE: HIG), The Blackstone Group (NYSE: BX), and Franklin Resources Inc. (NYSE: BEN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Blackstone Mortgage Trust Announces Dividend Reinvestment And Direct Stock Purchase Plan
PR Newswire - Tue Mar 25, 3:01PM CDT
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced that it has adopted a Dividend Reinvestment and Direct Stock Purchase Plan (the "Plan"). The Plan has two components: a dividend reinvestment component and a direct stock purchase component. The dividend reinvestment component allows stockholders of the Company's class A common stock ("Common Stock") to designate all or a portion of the cash dividends on their shares of Common Stock for reinvestment in additional shares of Common Stock. The direct stock purchase component allows stockholders and new investors, subject to the Company's approval, to purchase shares of Common Stock directly from the Company at a discount that can range from 0%-5.0%.
First Week Of BX May 17th Options Trading
at The Street - Tue Mar 25, 11:33AM CDT
Investors in Blackstone Group LP saw new options begin trading this week, for the May 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the BX options chain for the new May 17th contracts and identified one put...
'Fast Money' Recap: The Value of 'Old Tech' Stocks
at The Street - Tue Mar 25, 4:00AM CDT
The trading panel discussed why these stocks have solid upside momentum and reasonable valuations.
Watch for Blackstone to Potentially Rebound After Falling 2.36% Yesterday
Comtex SmarTrend(R) - Mon Mar 24, 5:17PM CDT
Blackstone (NYSE:BX) traded in a range yesterday that spanned from a low of $32.70 to a high of $34.17. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $33.17 on volume of 5.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Look for Shares of Blackstone to Potentially Rebound after Yesterday's 2.36% Sell Off
Comtex SmarTrend(R) - Mon Mar 24, 5:16PM CDT
Blackstone (NYSE:BX) traded in a range yesterday that spanned from a low of $32.70 to a high of $34.17. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $33.17 on volume of 5.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Blackstone Announces First Quarter 2014 Media Call
Business Wire - Mon Mar 24, 9:00AM CDT
Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, April 17, 2014 at 9:30 a.m. ET to review first quarter 2014 results.
Blackstone Announces First Quarter 2014 Investor Call
Business Wire - Mon Mar 24, 9:00AM CDT
Blackstone (NYSE:BX) announced today that it will host its first quarter 2014 investor conference call on Thursday, April 17, 2014 at 11:00 a.m. ET. Steve Schwarzman, Chairman and Chief Executive Officer; Tony James, President and Chief Operating Officer; Laurence Tosi, Chief Financial Officer; Joan Solotar, Senior Managing Director - External Relations and Strategy; and Weston Tucker, Head of Investor Relations, will review Blackstone's first quarter 2014 results. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) pass code 149 943 55#.
10 Ways to Crack Wall Street In 2014
at The Street - Fri Mar 21, 12:44PM CDT
There are a rising number of ways to gain entry to Wall Street's most exclusive investment vehicles. Here are 10 to watch in 2014.