I do have you on IGNORE but all posts come up before the IGNORED ones fade out and I noticed you posting NXPI could become Number 1 for BX.. So much useless noise here with responding to agitators, etc....HLT is NUMBER 1 and will remain there..It is valued at over 10 BILLION... actually BRX is number 2 at 2.76 Billion and NXPI is number 3 at 2.7 Billion..no chance it will be number 1...In my opinion...just had to correct and respond to some Ignore posters.. people should IGNORE more postings here :)
People;e cry WOLF all the time..Who will you bet on????BX has had a great record.... But take heart, confused investors: There may be a no-nonsense way to translate "bespoke tranche opportunity" from Wall Street's lingua obscurum.
Thus this result: "Until that market is improved with real assurance and real reforms, they're just not going to come back," Dayen says. "They've chosen to sit on the sidelines and take their investments elsewhere."
Yet that doesn't mean the landscape is absent of schemes. "One that is worrisome is rental-backed securities, where Blackstone Group (BX) picked up tens of thousands of properties that were foreclosed and spun them out into the rental market."
It translated to Blackstone selling the first-ever single-family rental securitization, a $479 million bond offered in 2013. While that could create substantial profit in cities with rental unit shortages, it also raises inescapable questions.
"What if there are high vacancies and people are late on their payments?" Dayen says. "Or of you have an economic downturn and evictions go up? Is that an issue for the capital markets?"
Blackstone has packaged its activity under a cheery company name: Invitation Homes. Yet complaints are already pouring in from housing advocates on a range of issues from mid-month rent increases to failures to refurbish acquired properties.
"Companies like Blackstone are not set up to be landlords, let alone good landlords," Dayen says.
But if the endgame is to build up Blackstone stock, it's nothing doing so far. Over the last year, share prices have dropped 42 percent to just shy of $26.
Meanwhile, it remains to be seen whether government watchdogs have enough backbone to provide proper oversight of these new plays -- and head off a replay of the mortgage-backed securities meltdown. But take heart, confused investors: There may be a no-nonsense way to translate "bespoke tranche opportunity" from Wall Street's lingua obscurum.
Wawrzyniak cites a quote attributed to Edmund Burke. The British-Irish statesman lived in the 18th Century, when Wall Street was a literal wall built to protect Dutch settlers from pirates.
Hundreds of years later, the pirates are still there -- even if dressed these days in sharkskin suits -- and Burke's quote more than applies: "Those who don't know history are destined to repeat it."
[Read: 9 Steps to Take Before Retirement.]
Though no investment watchdog, he also said: "The only thing necessary for the triumph of evil is for good men to do nothing."
Arbor Pharmaceuticals to Acquire XenoPort
Acquisition expands neurology product portfolio
Enhances sales infrastructure
Business Wire XenoPort, Inc.
3 hours ago
Arbor Pharmaceuticals to Acquire XenoPort .
Arbor Pharmaceuticals to Acquire XenoPort
ATLANTA & SANTA CLARA, Calif.--(BUSINESS WIRE)--
Arbor Pharmaceuticals, LLC (Arbor) and XenoPort, Inc. (XenoPort) (XNPT) announced today that they have signed a definitive agreement under which Arbor will acquire XenoPort for $7.03 per share in cash, or a total equity value of approximately $467 million. The purchase price per share represents a 60 percent premium to the closing price of XenoPort shares on May 20, 2016.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160523005513/en/
“We are pleased to be adding HORIZANT and the XenoPort pipeline to the growing portfolio of Arbor products,” said Ed Schutter, President and Chief Executive Officer of Arbor. “We believe that XenoPort’s lead product HORIZANT offers patients and physicians a valuable treatment option for moderate-to-severe primary restless legs syndrome and postherpetic neuralgia. The XenoPort sales team has done an excellent job of growing HORIZANT, and we look forward to supporting them to continue this significant momentum.”
lawwman719 • May 17, 2016 9:20 AM
5users liked this postsusers disliked this posts0Reply
Big big news!!
Jefferies very bullish puts $130 target, and very positive news out of Austin Texas conference this morning also!!
Di you notice the very high volume on BX the last 3 trading days last week?? could be a volume reversal to the upside..and the stocastics are showing a buy.. so will see what happens.. Need a favorable market...the DJI stocastics are in extreme oversold per the chart service stockcharts... check it out..good charts there..
Just wait of Invitation Properties !!!!! and many others...Blackstone selling 50 percent stake in Santa Monica office complex for $500 million
May 20, 2016, 2:39pm PDT
INDUSTRIES & TAGS Commercial Real Estate
put them all on IGNORE that talk trash and those who continually respond as just as bad and are on IGNORE..sorry to post this but people never learn....
No one mentions Invitation Homes ???? BX bought over 50,000 homes at depressed prices and will make BIG PROFITS sometime... heard it is valued at 11 to 13 BILLION a I remember.. NXPI will be a big winner and HLT too
Just months after buying its portfolio of US luxury hotels in December, Blackstone is selling it to the Chinese owner of New York’s Waldorf Astoria for $6.5 billion. China’s Anbang Insurance Group is close to acquiring Strategic Hotels & Resorts. Blackstone is expected to turn at least $450 million in profits after taking the company private in December.
Why is it just on the radar screen for the shorts and not for any buyers?????? A lot of big money is in the field and can get things done faster and better...when are they filing? I bet there will be delays, etc and excuses..??
Merrill Fund Manager Survey: Full Of Bears; Dollar, Gold Undervalued
By Shuli Ren
This month’s fund manager survey conducted by Bank of America Merrill Lynch is disheartening.
“If you go down to the woods today, it will be full of bears,” noted Merrill. Investors are positioning for a “summer of shocks”, storing 5.5% of their portfolio in cash. Only 12% surveyed are taking “higher than normal” risk, Merrill finds.
China is now no longer the world’s biggest black swan – the Queen is! Brexit is now perceived as the biggest tail risk by 27% of those surveyed. “China devaluation/defaults” risk follows with 21% of the votes. “Quantitative failure” comes third with 15% of the votes. Regardless, when asked how they think the Chinese real economy will evolve over the next 12 months, an overwhelming net 50% said down versus a net 22% in April.
It may be too late to get into emerging markets now. Relative positioning of emerging markets versus developed markets has recovered to a 3-year high. In other words, investors have already closed their Underweight positions in emerging markets stocks.
The biggest driver of equity prices in the next 6 months will be oil prices and the U.S. dollar, with 27% and 25% of the votes. A net 12% of investors now think the U.S. dollar is undervalued, the highest reading in 10 months.
Long yen continues to be a crowded trade, although a net 20% of investors think the yen is overvalued, the highest reading in 19 months.
Interestingly, even though gold is up 20% in 2016, a net 8% of investors still think gold is undervalued, a positive sign for the asset.
Investors are not feeling excited about U.S. stocks. Allocation to US equities fell to net 18% Underweight from net 10% Underweight last month. They are now Underweight in US equities for 15 months.
Companies are all doing it wrong, fund managers complained. A record 73% of investors think companies are currently under-investing in their businesses, i.e., too little capital expenditure, and a net 17% of investors think corporate payout ratios (including dividends and buybacks) are too high. In other words, financial engineering can get you only so far. Why don’t companies retain their earnings and grow their businesses instead?
Year-to-date, the iShares MSCI Emerging Markets ETF (EEM) is up 1%. Year-to-date, the iShares MSCI Japan ETF (EWJ) has fallen 4.2%, the SPDR Gold Trust (GLD) has jumped 20.5%, the SPDR S&P 500 ETF Trust (SPY) has gained 1%, and the Powershares DB US Dollar Index Bullish Fund (UUP) has dropped 4.6%.
Instant Analysis: NXP Semiconductors N.V. Just Took a Big Step Into Driverless Cars
The company's new BlueBox autonomous driving driving system could bring driverless cars to the road in just four years.
Nxp Driverless Car Bluebox
IMAGE SOURCE: NXP SEMICONDUCTORS.
This week, NXP Semiconductors N.V. (NASDAQ:NXPI) revealed its off-the-shelf autonomous driving system called BlueBox. It's big news from the company because NXPI says the system will allow automakers "design, manufacture, and sell" Level 4 self-driving cars by 2020.
Right now, most semi-autonomous systems only reach Level 2 or Level 3 automation, while Level 4 automation is effectively complete autonomy where the vehicle maintains controls at all time with no expectation of the driver being available for control.
BlueBox includes NXPs semiconductors for processing power, along with radar, lidar, and on-board vehicle-to-everything (V2X) communication sensors. The system is also open-sourced, so automakers can make adjustments to it as they see fit.
Does this matter for shareholders?
This is a very important move both for the company and the driverless car industry. After its purchase of Freescale Semiconductor last year, NXP is now the No. 1 semiconductor manufacturer and is already a leader in advanced driver assistance systems (ADAS). The release of BlueBlox means NXP will be able to leverage its position in the automotive market to better compete with other companies that are building autonomous driving platforms, namely NVIDIA (NASDAQ:NVDA).
Eighty automakers and Tier 1 suppliers are already using NVIDIA's Drive PX and Drive PX 2 driverless car platforms, and the company is already a leading provider of GPUs for in-car infotainment systems. NXP said in a press release that four out of the five largest automakers have already been testing BlueBox since September 2015, and the company's dominant position in the automotive semiconductor segment means it should have a smooth transition into getting BlueBox into more carmakers' hands.
The driverless car technology market is expected to grow to $42 billion by 2025, according to Boston Consulting Group. NXP is in a perfect position to benefit from this growth with its current automotive semiconductors, and especially now with the unveiling of BlueBox.
Asia’s richest man quietly paid a visit to Barack Obama
FILE - In this Nov. 18, 2015 file photo, Alibaba founder Jack Ma speaks at the CEO Summit, attended by 800 business leaders from around the region representing U.S. and Asia-Pacific companies, in Manila, Philippines, ahead of the start of the Asia-Pacific Economic Cooperation summit. An investigation by The Associated Press has found that the president of an influential anti-counterfeiting group owns Alibaba stock, has close ties to a key Alibaba vice president and uses family members to run his coalition. (AP Photo/Susan Walsh, File)
Content of the meeting: ¯\_(ツ)_/¯ (AP Photo/Susan Walsh)
47 mins ago
Jack Ma, founder and chairman of Chinese e-commerce giant Alibaba, met with US president Barack Obama today (May 17) at the White House.
In brief remarks to reporters, Ma, who in April became Asia’s richest man after an Alibaba affiliate raised a new financing round, said his meeting with Obama was “very good.”
An Alibaba representative confirmed Ma had a closed-door meeting at the White House that was not publicly listed in the president’s schedule. The two also had lunch together. The company declined to discuss the nature of their conversations.
In October, Obama and Ma shared a stage at the Asia Pacific Economic Cooperation, where they discussed climate change and the role government and businesses can play in supporting entrepreneurs. “Government is simple—just reduce the tax, or no tax, for these guys,” Ma said to applause and laughter from the audience.
Sentiment: Strong Buy