Analyst Actions: Brixmor Property Group Upgraded to Sector Perform at RBC Capital Markets
MIDNIGHT TRADER 9:23 AM ET 3/1/2016
Symbol Last Price Change
BRX 23.88down +0.45 (+1.92%)
QUOTES AS OF 12:23:22 PM ET 03/01/2016
12:23 PM EST, 03/01/2016 (MT Newswires) -- Brixmor Property Group(BRX) shares were upgraded to sector perform from underperform by RBC Capital Markets on Tuesday.
Price: 23.90, Change: +0.47, Percent Change: +2.01
Checkout BXMT a BX related company.. paying 10% a big holdings for me :)
BRX came out with a good report..after having management problems.. should be OK now.. and Cramer had this comment ....Carlyle Group (CG - Get Report) : "I like Blackstone Group (BX - Get Report) . That one is better."
Par Pharmaceutical, Inc. (“Par”), are cooperating to obtain FDA approval for the 5 mg, 10 mg, 20 mg and 40 mg affected strengths at the earliest opportunity. If approved, we believe that Par will commercialize the approved strengths as soon as possible after approval.
The Top 5 Positions in Stephen Schwarzman's Portfolio (HLT, NXPI) By Steven Nickolas | February 28, 2016
Stephen A. Schwarzman and his partner Pete Peterson started The Blackstone Group with just $400,000 on the company's balance sheet. Schwarzman serves as the chairman and CEO of The Blackstone Group, which is the world's largest independent alternative asset management firm. As of Dec. 31, 2015, Blackstone had total assets under management (AUM) of $336 billion. Stephen Schwarzman amassed his $9.3 billion fortune, as of Feb. 11, 2016, through investments. Since Schwarzman is an institutional investment manager who exercises investment discretion greater than $100 million, he is required to file an SEC Form 13F. Based on Schwarzman's SEC Form 13F filing on Nov. 16, 2015, for the fiscal quarter ending on Sept. 30, 2015, the following top five positions constituted nearly 80% of his portfolio.
Hilton Worldwide Holdings
Hilton Worldwide Holdings, Inc. (NYSE: HLT) is the world's largest lodging company with a market capitalization of $17.85 billion as of Feb. 10, 2016. Hilton Worldwide is a leading hospitality company that develops, manages, owns, leases and franchises various types of properties. As of Feb. 10, 2016, Hilton Worldwide has a price-to-earnings (P/E) ratio of 23.9, which is slightly higher than the industry average of 21.7. It has a price-to-book (P/B) ratio of 3.4, while the industry average is 6.9. Its price-to-sales (P/S) ratio of 1.6 is in line with the industry average.
For the quarter ending on Sept. 30, 2015, Hilton Worldwide is the largest position in Stephen Schwarzman's portfolio. His portfolio holds 452.79 million shares of Hilton Worldwide's common stock, which had a market value of approximately $10.39 billion at the close on Sept. 30, 2015. This position constitutes 33.35% of Schwarzman's portfolio.
Schwarzman's second-largest position was in Freescale Semiconductor, to which he allocated 23.14%
IPCI was in a blackout period since Nov 30 year end time...so no ATM sold... They are now out after releasing annual report...still doing studies on Rexista..such as labeling claims etc..Long term investor here..a lot of potential good news for IPCI
I think the cash balance was as of 25 February....It is important they address that....the shares sold last eat was at average price of $.2.76
SunEdison, Vivint Pop as Deal Becomes Nearer -- Market Talk
DOW JONES & COMPANY, INC. 7:46 AM ET 2/26/2016
Symbol Last Price Change
SUNE 2.55up +0.83 (+48.26%)
TERP 8.39up -0.12 (-1.41%)
QUOTES AS OF 10:46:48 AM ET 02/26/2016
10:46 ET - Residential solar-power company Vivint (VSLR) getting bought by solar-project developer SunEdison(SUNE) looks more likely now--and shares of both pop in response--after a judge denies hedge fund Appaloosa's effort to block the plan. SUNE intends to flip the VSLR assets to its TerraForm Power(TERP) affiliate, which has historically operated projects developed by SUNE. Appaloosa, a TERP shareholder, has sought to block the sale and been arguing the deal is a better bargain for SUNE than TERP. VSLR bounces 35% and SUNE surges 45%, though both are still down for the month, nevermind 2016. TERP falls 1.9%. Blackstone (BX), which backs VSLR, will get SUNE shares and is providing it a $250M credit facility as part of the sale.
The breakout is posted on VSLR website:
Cash : 7.89 + other cash consideration to be decided by Blackstone later.
For public stock holders it could be close to $10... Check out BXMT Blackstone Mortgage Trust.. pays 10% dividends...
House prices at a high and BX bought at low prices.
Blackstone (BX) continually attracted a large amount of capital backed by the strong operating performances of its various funds. The company continued to attract new capital across its product offerings.
The company’s total dry powder, or undrawn capital, rose by 73% to a record $79.7 billion compared to the same quarter last year. This increase in undrawn capital was driven by fundraising for the latest global private equity and real estate funds. Blackstone made significant realizations in the real estate and private equity segments......Blackstone (BX) reported a 58% fall in the real estate division’s total revenue to $361 million, compared to $865 million in the same quarter last year. The division’s opportunistic funds’ carrying value rose by 1.6% during the quarter. The operating fundamentals offset the fall in public investment values. Its Core+ funds’ carrying value rose by 4.5% during the quarter. For the full year, opportunistic and Core+ funds rose by 9.7% and 19.1%, respectively. The division’s assets under management expanded by 16% to $94 billion compared to 4Q1
Sentiment: Strong Buy