40.25 +0.11 (0.27%)
After hours: 5:44PM EDT
|Bid||40.18 x 800|
|Ask||40.24 x 1200|
|Day's Range||39.44 - 40.75|
|52 Week Range||26.88 - 40.75|
|Beta (3Y Monthly)||1.61|
|PE Ratio (TTM)||16.46|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||2.32 (6.63%)|
|1y Target Est||45.36|
Blackstone's stock pops after the company announces it its converting from a partnership to a corporation. Yahoo Finance's Seana Smith and Brian Cheung discuss.
Blackstone Group CEO Steve Schwarzman, a confidante of President Donald Trump, said in a new interview that the United States and China will reach a trade deal “in the next two months.”
Despite a revenue decline and rise in expenses, higher AUM and AUA support Ameriprise Financial's (AMP) first-quarter 2019 results.
T. Rowe Price Group (TROW) first-quarter 2019 results reflect higher assets under management (AUM), partly offset by elevated expenses.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Sainsbury's and Asda set to concede defeat over 7 bln stg ...
A New York judge has put on hold a lawsuit by U.S. private equity firm Blackstone Group LP against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, pending the outcome of an arbitration in Italy. The case centres on RCS' historic headquarters in central Milan, which Blackstone bought from RCS for 120 million euros ($134 million) in 2013. RCS Chairman Urbano Cairo, who became RCS' controlling shareholder after the 2013 deal, has said Blackstone took control of the headquarters at too low a price, while RCS faced financial difficulties, and the transaction should be voided.
Blackstone has suffered a setback in its lawsuit against the media tycoon Urbano Cairo’s RCS MediaGroup over the ownership of the Italian company’s headquarters in Milan. A New York court ruled on Wednesday that the dispute over the ownership of the building should be decided first in Italy. RCS, the owner of the Corriere della Serra newspaper, in New York in late November, claiming Mr Cairo had tried to extort money by falsely claiming his company still owned the building.
NEW YORK, April 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today reported its first quarter 2019 results. Stephen D. Plavin, Chief Executive Officer, said, "Our first quarter results reflect the strong earnings power of BXMT's scaled portfolio. Blackstone Mortgage Trust issued a full detailed presentation of its first quarter 2019 results, which can be viewed at www.bxmt.com.
Moody's also assigned a B2 (LGD3) rating to a new $250 million first-lien senior secured notes issuance maturing 2024, all of the proceeds of which, after transaction fees and expenses, will be used to pay down an equivalent portion of 8.75% senior unsecured notes due 2020. Moody's also affirmed Vivint's B3 Corporate Family Rating ("CFR") and its SGL-3 Speculative Grade Liquidity Rating, indicating adequate liquidity.
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04232019.pdf If you would like to receive this newsletter via email, ...
The historic Boca Raton Resort & Club has been sold to New York-based MSD Partners, according to a news release. An affiliate of Blackstone (NYSE: BX) has agreed to sell the 337-acre club at 501 E. Camino Real. The Boca Raton Resort & Club will continue to be managed by Hilton under the Waldorf Astoria Hotels & Resorts brand.
NEW YORK and BOCA RATON, Fla., April 22, 2019 /PRNewswire/ -- MSD Partners, L.P. today announced that it has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone (BX). Boca Raton Resort & Club is one of the premier resort destinations and private club facilities in the United States. The property, which was built in 1926, today comprises 1,047 hotel rooms across 337 acres. Its amenities include two 18-hole golf courses, a 50,000 sq. ft. spa, seven swimming pools, 30 tennis courts, a full-service 32-slip marina, 13 restaurants and bars, and 200,000 sq. ft. of meeting space. The property fronts both the Intracoastal Waterway and the Atlantic Ocean, where its beach extends a half mile. A perennial award-winner, the property was the beneficiary of more than $300 million in investment under Blackstone's stewardship, both preserving and enhancing this iconic resort.
(Reuters) - U.S.-based Blackstone Group agreed to buy a 51 percent stake in Essel Propack Ltd, India's largest rigid plastic packaging provider said https://www.nseindia.com/corporate/SURJE_SINGH_22042019172429_SE_Letter_378.pdf ...
(Reuters) - U.S.-based Blackstone Group agreed to buy a 51 percent stake in Essel Propack Ltd, India's largest rigid plastic packaging provider said on Monday. Blackstone will buy the stake from the Ashok ...
The world’s largest alternative asset manager will acquire 51 percent of Essel Propack for $310 million from one of the founders, Ashok Goel Trust, Essel Propack said in a statement on Monday. Blackstone will offer to buy an additional 26 percent of Essel Propack’s shares at 139.19 a piece, according to the statement.
Blackstone CEO and Chairman Steve Schwarzman describes his “Marshall Plan” for the middle class to combat the widening gap between the rich and the poor in the United States.
Investors will also welcome an opportunity for assessing equity and credit markets that have already notched impressive gains for the year. Around the world, many benchmarks enjoy double-digit gains, led by China’s CSI 300 index, having risen more than a third already during 2019.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Blackstone to shift to a corporation from partnership https://on.ft.com/2Pl6LvM ...
The leading alternative asset manager said it would convert to a corporation from a partnership, broadening the base of potential investors.