BX News 31.73 04/21/2014 20:03:35 The Blackstone Group L.P.
Post# of 273311
Posted On: 04/21/2014 9:03:37 PM
The Blackstone Group L.P. (BX) 31.73 $BX
Blackstone Beats on Q1 Earnings, Revenues Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 1:00PM CDT
Top-line growth drove Blackstone's first-quarter 2014 ENI of 70 cents per share, which surpassed the Zacks Consensus Estimate by 25%. Also, the figure was up 27% from 55 cents in the prior-year quarter.
Blackstone Discusses Fannie and Freddie Stake
at The Street - Thu Apr 17, 11:32AM CDT
Blackstone Group President and COO Hamilton "Tony" James confirmed the company's preferred equity stake in Fannie Mae and Freddie Mac but said he does not believe the asset management giant will drive the debate over the future of the government...
Why Blackstone Group (BX) Stock Is Higher Today
at The Street - Thu Apr 17, 11:05AM CDT
Blackstone Group (BX) stock is up on Thursday after news the company's net income increased 30% to $814 million.
The Blackstone Group L.P. Watches Net Income Jump 30% to $814 Million
Patrick Morris, The Motley Fool - Motley Fool - Thu Apr 17, 9:52AM CDT
Alternative asset manager Blackstone Group reported this morning that its economic net income (ENI) rose from $628 million to $814 million from the first quarter of 2013 to the first quarter of this year, a gain of $186 million, or 30%. Its...
Stock Futures Narrowly Lower; Google, SanDisk, GE, IBM In Motion
at Investor's Business Daily - Thu Apr 17, 8:01AM CDT
Stock futures thinned their early losses, with first-quarter results putting many big names in motion ahead of the final session of the holiday-shortened trading week. Dow futures had pared losses to 14.9 points below fair market value. Nasdaq 100...
Blackstone Reports First Quarter Results
Business Wire - Thu Apr 17, 6:01AM CDT
Blackstone (NYSE:BX) today reported its first quarter 2014 results.
'Mad Money' Lightning Round: Blackstone Is On Fire!
at The Street - Thu Apr 17, 5:00AM CDT
Crame doesn't like Gigamon and Southwest Airlines but he's buying Pharmacyclics.
Jim Cramer's 'Mad Money' Recap: Don't Blame the Companies
at The Street - Wed Apr 16, 7:20PM CDT
There's a lot wrong with this market but the companies are part of the solution, not the problem, Cramer asserts.
Moelis IPO Prices Below Range
at The Street - Wed Apr 16, 7:24AM CDT
Moelis & Co., the newest investment bank to hit public stock markets, priced its initial public offering below an expected range, raising less money for the Kenneth Moelis-run M&A advisory firm
Two New Wind Farms in Nuevo Leon, Mexico, to Be Funded by the North American Development Bank
Business Wire - Tue Apr 15, 3:45PM CDT
The North American Development Bank (NADB) announces that it has begun disbursement of two loans totaling US$140 million for the construction of two wind farms, Ventika and Ventika II, with a total nominal capacity of 252 MW, sponsored by Cemex, S.A. de C.V. through its subsidiary TEG Energia, S.A. de C.V., and by Fisterra Energy, S.L.U. a private equity fund owned by the Blackstone Group. The energy produced will supply facilities belonging to FEMSA, DEACERO, Tecnologico de Monterrey and CEMEX.
Will Chaos At Symantec (SYMC) Help Drive Up Its Stock?
at The Street - Tue Apr 15, 3:22PM CDT
Last month Symantec (SYMC) fired Steve Bennett, its CEO. Now, the security, backup and availability solutions company is "attracting activist investors and private equity firms...in a development that could potentially lead to its breakup or sale."
Marlin & Associates Advises Goldman Sachs Merchant Banking Division and Blackstone on Acquisition of Ipreo From KKR
Marketwire - Tue Apr 15, 5:01AM CDT
Marlin & Associates, the boutique investment banking and strategic advisory firm, announced today that it advised private equity funds managed by Blackstone (NYSE: BX) and by the Goldman Sachs (NYSE: GS) Merchant Banking Division (together, the "Sponsors"
on their acquisition of Ipreo Holdings LLC ("Ipreo" from affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR" (NYSE: KKR), who will retain a minority ownership stake in the business.
'Fast Money' Recap: Long on Financials
at The Street - Tue Apr 15, 4:00AM CDT
The trading panel discussed Citigroup's earnings and Google's drone company purchase.
Kronos Completes Recapitalization; Adds World-Class Investors at $4.5 Billion Enterprise Valuation
Business Wire - Mon Apr 14, 10:00AM CDT
Kronos Incorporated(1) today announced that it has completed its agreement to effect a recapitalization of the company through a $750 million equity investment by funds managed by Blackstone (NYSE:BX) and GIC. Blackstone and GIC have invested in Kronos alongside the original investors Hellman & Friedman and JMI Equity. Hellman & Friedman remains the majority investor in the company.
Blackstone and Goldman Sachs Merchant Banking Division to Acquire Ipreo from KKR
PR Newswire Europe - Mon Apr 14, 7:31AM CDT
Ipreo Holdings LLC ("Ipreo", a leading global provider of market intelligence and workflow solutions to capital markets and corporate professionals, announced the signing of a definitive agreement to be acquired by private equity funds managed by Blackstone and by the Goldman Sachs Merchant Banking Division ("Goldman Sachs" (together, the "Sponsors". The Sponsors are acquiring the business from affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR", who will retain a minority ownership stake in the business. Terms of the transaction were not disclosed.
'Fast Money' Recap: The Gains Are Gone
at The Street - Fri Apr 11, 4:00AM CDT
The trading panel discussed what caused Thursday's selloff and what to do next.
Blackstone
at Investor's Business Daily - Thu Apr 10, 5:48PM CDT
Blackstone (BX) will invest $150 mil in the fertilizer and wood fiber processor Rentech (RNF) in exchange for 2 board seats. Blackstone shares fell 3.9% to 30.04. Rentech rose 4% to 18.70.
Why Rentech (RTK) Stock Is Up Today
at The Street - Thu Apr 10, 9:34AM CDT
Rentech (RTK) stock is up Thursday after the company reached a settlement with concerned shareholders and Blackstone (BX) credit arm GSO Capital Partners announced a $150 million investment.
Ares Management IPO Announcement: No Guts, No Glory!
Bill Stoller, The Motley Fool - Motley Fool - Thu Apr 10, 8:48AM CDT
Masters of the universe. The smartest guys in the room. The firms that lead leveraged buyouts, hedge their bets, and double down using institutional and sovereign wealth are an elite group. However, private equity is no longer strictly private. Now...
Blackstone Beats on Q1 Earnings, Revenues Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 1:00PM CDT
Top-line growth drove Blackstone's first-quarter 2014 ENI of 70 cents per share, which surpassed the Zacks Consensus Estimate by 25%. Also, the figure was up 27% from 55 cents in the prior-year quarter.
Blackstone Discusses Fannie and Freddie Stake
at The Street - Thu Apr 17, 11:32AM CDT
Blackstone Group President and COO Hamilton "Tony" James confirmed the company's preferred equity stake in Fannie Mae and Freddie Mac but said he does not believe the asset management giant will drive the debate over the future of the government...
Why Blackstone Group (BX) Stock Is Higher Today
at The Street - Thu Apr 17, 11:05AM CDT
Blackstone Group (BX) stock is up on Thursday after news the company's net income increased 30% to $814 million.
The Blackstone Group L.P. Watches Net Income Jump 30% to $814 Million
Patrick Morris, The Motley Fool - Motley Fool - Thu Apr 17, 9:52AM CDT
Alternative asset manager Blackstone Group reported this morning that its economic net income (ENI) rose from $628 million to $814 million from the first quarter of 2013 to the first quarter of this year, a gain of $186 million, or 30%. Its...
Stock Futures Narrowly Lower; Google, SanDisk, GE, IBM In Motion
at Investor's Business Daily - Thu Apr 17, 8:01AM CDT
Stock futures thinned their early losses, with first-quarter results putting many big names in motion ahead of the final session of the holiday-shortened trading week. Dow futures had pared losses to 14.9 points below fair market value. Nasdaq 100...
Blackstone Reports First Quarter Results
Business Wire - Thu Apr 17, 6:01AM CDT
Blackstone (NYSE:BX) today reported its first quarter 2014 results.
'Mad Money' Lightning Round: Blackstone Is On Fire!
at The Street - Thu Apr 17, 5:00AM CDT
Crame doesn't like Gigamon and Southwest Airlines but he's buying Pharmacyclics.
Jim Cramer's 'Mad Money' Recap: Don't Blame the Companies
at The Street - Wed Apr 16, 7:20PM CDT
There's a lot wrong with this market but the companies are part of the solution, not the problem, Cramer asserts.
Moelis IPO Prices Below Range
at The Street - Wed Apr 16, 7:24AM CDT
Moelis & Co., the newest investment bank to hit public stock markets, priced its initial public offering below an expected range, raising less money for the Kenneth Moelis-run M&A advisory firm
Two New Wind Farms in Nuevo Leon, Mexico, to Be Funded by the North American Development Bank
Business Wire - Tue Apr 15, 3:45PM CDT
The North American Development Bank (NADB) announces that it has begun disbursement of two loans totaling US$140 million for the construction of two wind farms, Ventika and Ventika II, with a total nominal capacity of 252 MW, sponsored by Cemex, S.A. de C.V. through its subsidiary TEG Energia, S.A. de C.V., and by Fisterra Energy, S.L.U. a private equity fund owned by the Blackstone Group. The energy produced will supply facilities belonging to FEMSA, DEACERO, Tecnologico de Monterrey and CEMEX.
Will Chaos At Symantec (SYMC) Help Drive Up Its Stock?
at The Street - Tue Apr 15, 3:22PM CDT
Last month Symantec (SYMC) fired Steve Bennett, its CEO. Now, the security, backup and availability solutions company is "attracting activist investors and private equity firms...in a development that could potentially lead to its breakup or sale."
Marlin & Associates Advises Goldman Sachs Merchant Banking Division and Blackstone on Acquisition of Ipreo From KKR
Marketwire - Tue Apr 15, 5:01AM CDT
Marlin & Associates, the boutique investment banking and strategic advisory firm, announced today that it advised private equity funds managed by Blackstone (NYSE: BX) and by the Goldman Sachs (NYSE: GS) Merchant Banking Division (together, the "Sponsors"
on their acquisition of Ipreo Holdings LLC ("Ipreo" from affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR" (NYSE: KKR), who will retain a minority ownership stake in the business. 'Fast Money' Recap: Long on Financials
at The Street - Tue Apr 15, 4:00AM CDT
The trading panel discussed Citigroup's earnings and Google's drone company purchase.
Kronos Completes Recapitalization; Adds World-Class Investors at $4.5 Billion Enterprise Valuation
Business Wire - Mon Apr 14, 10:00AM CDT
Kronos Incorporated(1) today announced that it has completed its agreement to effect a recapitalization of the company through a $750 million equity investment by funds managed by Blackstone (NYSE:BX) and GIC. Blackstone and GIC have invested in Kronos alongside the original investors Hellman & Friedman and JMI Equity. Hellman & Friedman remains the majority investor in the company.
Blackstone and Goldman Sachs Merchant Banking Division to Acquire Ipreo from KKR
PR Newswire Europe - Mon Apr 14, 7:31AM CDT
Ipreo Holdings LLC ("Ipreo"
, a leading global provider of market intelligence and workflow solutions to capital markets and corporate professionals, announced the signing of a definitive agreement to be acquired by private equity funds managed by Blackstone and by the Goldman Sachs Merchant Banking Division ("Goldman Sachs" (together, the "Sponsors". The Sponsors are acquiring the business from affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR", who will retain a minority ownership stake in the business. Terms of the transaction were not disclosed. 'Fast Money' Recap: The Gains Are Gone
at The Street - Fri Apr 11, 4:00AM CDT
The trading panel discussed what caused Thursday's selloff and what to do next.
Blackstone
at Investor's Business Daily - Thu Apr 10, 5:48PM CDT
Blackstone (BX) will invest $150 mil in the fertilizer and wood fiber processor Rentech (RNF) in exchange for 2 board seats. Blackstone shares fell 3.9% to 30.04. Rentech rose 4% to 18.70.
Why Rentech (RTK) Stock Is Up Today
at The Street - Thu Apr 10, 9:34AM CDT
Rentech (RTK) stock is up Thursday after the company reached a settlement with concerned shareholders and Blackstone (BX) credit arm GSO Capital Partners announced a $150 million investment.
Ares Management IPO Announcement: No Guts, No Glory!
Bill Stoller, The Motley Fool - Motley Fool - Thu Apr 10, 8:48AM CDT
Masters of the universe. The smartest guys in the room. The firms that lead leveraged buyouts, hedge their bets, and double down using institutional and sovereign wealth are an elite group. However, private equity is no longer strictly private. Now...
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