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The Blackstone Group L.P. Message Board

  • sam_0534 sam_0534 Oct 28, 2013 1:11 PM Flag

    another mention just now on Fidelity..nothing better to report???

    Financial Stocks Narrowly Lower; Blackstone Group Down Following Insider Selling 10/28 09:47 AM

    12:47 PM EDT, 10/28/2013 (MT Newswires) -- Top Financial Stocks
    JPM +0.42%

    BAC +0.39%

    WFC +0.03%

    C +0.38%

    USB -0.03%

    Financial stocks are lower, with the NYSE Financial Sector Index falling 0.3% and the S&P Financial 100 Index slipping about 0.1%.
    In company news, private-equity firm Blackstone Group LP (BX:$26.249,0$-0.461,0-1.73%) is down 1.2% at $26.38 a share after disclosing in a regulatory filing late Friday that company President and Chief Operating Officer Hamilton "Tony" James sold 3.25 million equity units for a combined $88.6 millionbetween Oct. 23 and Oct. 25.
    BX's units remain up 68% for the year despite Monday's selloff and remain within close range of their 52-week high of $28.73.
    In other sector news,
    (+) SBCF, (+2.3%) Swings to $0.47 per share Q3 profit, including one-time items, reversing $0.01 net loss during the year-ago quarter.

    Get more news on:SYMBOLS: BX, SBCFNEWS TYPE: Investing IdeasSECTORS: Financials, Commercial Banks, Capital Markets

    Sentiment: Strong Buy

 
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