|Bid||32.20 x 100|
|Ask||32.80 x 3000|
|Day's Range||31.71 - 32.23|
|52 Week Range||26.65 - 35.09|
|PE Ratio (TTM)||13.89|
|Earnings Date||Jan 24, 2018 - Jan 29, 2018|
|Forward Dividend & Yield||1.76 (5.47%)|
|1y Target Est||39.59|
Rating Action: Moody's affirms Trademen's B2 CFR, B1 1st lien and Caa1 2nd lien; outlook stable. Global Credit Research- 08 Dec 2017. About $440 million of rated debt.
NEW YORK, Dec. 7, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) (the "Company") today announced that, in connection with the Company's underwritten public offering of class A common stock (the "Common Stock"), the underwriters have exercised in full their option to purchase an additional 1,620,000 shares of Common Stock. The full exercise of the option to purchase the additional shares brings the total number of shares sold in the offering to 12,420,000. Aggregate net proceeds to the Company from the offering, after deducting estimated offering expenses, were approximately $392 million.
Blackstone today announced that funds managed by Blackstone Tactical Opportunities have acquired a majority share in TITUS, a leading provider of data classification and categorization solutions headquartered in Ottawa.
BRUSSELS, Dec 6 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- China's COSCO Shipping to acquire ...
Baupost and GSO Capital Partners LP, the credit arm of private equity firm Blackstone Group LP, in September bought at a discount claims South Carolina utilities had against Toshiba stemming from nuclear projects Westinghouse failed to finish. The funds expected to be repaid over five years.
Blackstone Group LP didn’t want to keep Steve Schwarzman’s advice to its newly hired analysts secret -- so it put the annual ritual on YouTube.
Rating Action: Moody's changes RGIS' ratings outlook to negative; affirms all ratings. Global Credit Research- 04 Dec 2017. New York, December 04, 2017-- Moody's Investors Service changed the outlook for ...
(Adds Morgan Stanley, bank comments, financials) By Dasha Afanasieva LONDON, Dec 4 (Reuters) - GEMS Education's owners have chosen JP Morgan, Credit Suisse, Bank of America Merrill Lynch and Morgan Stanley ...
Blackstone Group has teamed up with its Brazilian partner to compete for Petroleo Brasileiro SA’s natural gas pipeline network in the country’s northeast, said people with knowledge of the matter.
NEW YORK, Dec. 1, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) (the "Company") today announced the pricing of an underwritten public offering of 10,800,000 shares of its class A common stock. The underwriters have been granted a 30-day option by the Company to purchase up to an additional 1,620,000 shares. The offering is expected to close on December 5, 2017 and is subject to customary closing conditions. Total estimated gross proceeds of the offering are approximately $344.5 million or approximately $396.2 million if the underwriters exercise their option to purchase additional shares in full. The Company intends to use the net proceeds from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments consistent with its investment strategies and investment guidelines, and for working capital and other general corporate purposes.
NEW YORK, Nov. 30, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) (the "Company") today announced it has commenced an underwritten public offering of 10,800,000 shares of its class A common stock. The underwriters will be granted a 30-day option by the Company to purchase up to an additional 1,620,000 shares. The Company intends to use the net proceeds from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments consistent with its investment strategies and investment guidelines, and for working capital and other general corporate purposes.
Spain's BBVA said on Wednesday it had agreed to sell 80 percent of its real estate business to U.S. fund Cerberus for 4 billion euros (£3.53 billion), showing how investor enthusiasm for Spanish property is reviving. A burst property bubble in 2008 sent Spain into a downturn that lasted nearly five years, causing mass unemployment and prompting a more-than 40-billion-euro bailout for the country's banks. The BBVA real estate assets included in the deal have a gross book value of some 13 billion euros, Spain's second largest bank said in a statement.
Blackstone announced today that Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 5, 2017 at 12:50 pm ET.
Hong Kong's Link Real Estate Investment Trust, one of Asia's largest REIT by market capitalisation, has agreed to sell its properties valued at HK$23 billion ($2.95 billion), it said on Tuesday. Link REIT, which owns assets in Hong Kong, Beijing, Shanghai and Guangzhou as of end-March, is expected to take in net gains of about HK$7.39 billion from the disposals, it said in a filing to the Hong Kong stock exchange. In October, sources told Reuters that Blackstone, KKR , Hong Kong-based Gaw Capital Partners and some Chinese investors were among potential bidders for Link REIT's retail assets.
Blackstone and The Carlyle Group will jointly host the third annual Veterans Initiative Summit on November 28-29 in Washington, D.C.
Investing in dividend stocks is something that everybody who wants to build a strong and reliable portfolio should consider. Dividend-paying stocks usually represent companies that are in a good financial position and whose management is committed to return capital to shareholders. Over the long-run, dividend-paying stocks usually outperform average stocks and companies often tend to increase […]
While Blackstone's upside potential appears limited for the near term, a few investment management stocks deserve a look based on their growth prospects.
BRUSSELS, Nov 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Apollo Capital Management to acquire ...
Categories: Yahoo FinanceGet free summary analysis The Blackstone Group LP reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of The Blackstone Group LP – KKR & Co. L.P., Lazard Ltd Class A, Och-Ziff Capital Management Group LLC Class A, Fortress Investment Group LLC Class A, Evercore ... Read more (Read more...)
Blackstone (BX) reported earnings more than a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
Dec.07 -- Bloomberg's Jason Kelly examines the performance of Goldman Sachs, Blackstone, and BlackRock and looks at how the firms are poised to handle the challenges that lie ahead on Wall Street. He speaks on "Bloomberg Daybreak: Americas."
Nov.28 -- John Studzinski, vice-chairman at The Blackstone Group, discusses U.S. tax reform and the Trump administration. He speaks with Francine Lacqua on "Bloomberg Surveillance."