BX - The Blackstone Group L.P.
33.49 0.00 (0.00%)
After hours: 6:02PM EDT
| Previous Close | 33.22 |
| Open | 33.25 |
| Bid | 33.40 x 300 |
| Ask | 33.64 x 500 |
| Day's Range | 33.25 - 33.65 |
| 52 Week Range | 23.33 - 35.09 |
| Volume | 3,754,109 |
| Avg. Volume | 3,085,841 |
| Market Cap | 40.7B |
| Beta | 1.23 |
| PE Ratio (TTM) | 15.06 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.16 (6.56%) |
| Ex-Dividend Date | 2017-07-27 |
| 1y Target Est | N/A |
- Bloomberg Video•yesterday
Blackstone's Calhoun on Optimism, Infrastructure
Oct.17 -- David Calhoun, head of private equity portfolio operations at The Blackstone Group, discuses optimism among CEOs, the need for U.S. infrastructure development, and business returning to private equity. He speaks with Bloomberg's Jason Kelly on "Bloomberg Daybreak: Americas."
- Zacks•10 hours ago
Key Predictions for Q3 Earnings Reports of ETFC, BX, SEIC
Rising rates should boost top-line growth. However, low volatility in equity markets might hurt trading revenues.
- The Wall Street Journal•yesterday
[$$] EU Opens Investigation Into Celanese, Blackstone Joint Venture
The European Commission said it sees “the risk of significantly reducing competition in the industry,” adding that the joint venture would make tacit coordination between tow suppliers more likely.
- Reuters•yesterday
EU regulators to investigate Blackstone, Celanese acetate tow merger
EU antitrust regulators on Tuesday opened a full-scale investigation into private equity firm Blackstone's (BX.N) plan to combine its acetone tow with that of U.S. speciality material company Celanese (CE.N). The companies unveiled the proposed merger of the world's No. 2 and 3 players in June, which would make it the new market leader in the supply of the material used in cigarette filters. The European Commission said the deal may reduce competition in the acetate tow market, with the other two major rivals Eastman and Daicel unable to exert competitive pressure.
- Reuters•yesterday
EU regulators to investigate Blackstone, Celanese acetate tow merger
EU antitrust regulators on Tuesday opened a full-scale investigation into private equity firm Blackstone's plan to combine its acetone tow with that of U.S. speciality material company Celanese. The companies unveiled the proposed merger of the world's No. 2 and 3 players in June, which would make it the new market leader in the supply of the material used in cigarette filters. The European Commission said the deal may reduce competition in the acetate tow market, with the other two major rivals Eastman and Daicel unable to exert competitive pressure.
- Barrons.com•yesterday
Private-Equity Stocks: We're Watching You!
Oppenheimer's Chris Kotowski and his team take a look at private equity stocks ahead of third quarter earnings today, writing that there's still opportunity in the group. With the S&P 500 trading at nearly 20 times forward earnings, Kotowski writes that it's easy to call the market expensive, even though there are a number of positive signs for economic growth, at home and abroad.
- Zacks•yesterday
Why Earnings Beat is Less Likely for Blackstone (BX) in Q3?
Higher costs might hurt Blackstone's (BX) bottom line in Q3. However, improving AUM might aid results.
- Reuters•2 days ago
UK's Hammond confident London will remain global financial centre - CNBC
British finance minister Philip Hammond said on Monday he was confident London would remain a global financial centre after Brexit, and that most international banks were planning to keep the vast majority of their London-based staff. "EU business is only a fraction of London's total business, and we're very confident that the UK, London, will remain a global financial centre," Hammond said in an interview with CNBC during a visit to the United States.
- The Wall Street Journal•3 days ago
[$$] Blackstone Targets Millionaire Next Door
Blackstone Group is pushing aggressively into products for retail investors, betting it can raise as much from them over the long term as it does from the institutions that form the main source of its ...
- Bloomberg•5 days ago
Blackstone Seeks $10 Billion for Infrastructure
Blackstone Group LP, the private equity giant with ambitions for the largest-ever infrastructure fund, is seeking as much as $10 billion to supplement a $20 billion anchor commitment for the pool before ...
- Bloomberg•5 days ago
Blackstone Seeks $10 Billion for Infrastructure
Blackstone Group LP, the private equity giant with ambitions for the largest-ever infrastructure fund, is seeking as much as $10 billion to supplement a $20 billion anchor commitment for the pool before ...
- Moody's•8 days ago
Vine Oil & Gas, LP -- Moody's rates Vine's senior unsecured notes Caa2; outlook changed to positive
Rating Action: Moody's rates Vine's senior unsecured notes Caa2; outlook changed to positive. Global Credit Research- 10 Oct 2017. Approximately $750 million of rated debt and $530 million of new debt ...
- Yahoo Finance•11 days ago
Blackstone: Simple math makes us bullish on housing
There's a shortage of housing in the U.S., according to the world's largest real estate investor.
- Yahoo Finance•11 days ago
How technology has shifted the commercial real estate landscape
It's the single most important theme for the world's largest real estate investor and owner.
- Bloomberg•12 days ago
Time Running Out on Blackstone-Backed Bid for Sears Canada
Time is running out for Sears Canada Inc.’s executive chairman to pull off a bid for the company’s assets and avert a liquidation that would eliminate as many as 13,000 jobs. A management group led by Brandon Stranzl and backed by Blackstone Group LP, has until Oct. 13 to convince a special committee of Sears Canada’s board of directors to accept his revised bid for the chain. Talks between Stranzl and the committee are continuing, with a decision expected any time between now and early next week, according to people familiar with the matter, who asked not to be identified because the discussions are private.
Reuters•13 days agoAt least six funds interested in Sanofi European generic drugs unit - Le Figaro
French pharmaceutical group Sanofi (SASY.PA) is set to start the process to sell its generic drug business in Europe, and at least six funds have expressed interest to investment banks mandated by group, France's Le Figaro newspaper reported. Rothschild and JP Morgan, two investment banks mandated by Sanofi to handle the divestment, will send out memos to potential buyers in the next few weeks, Le Figaro said in its Friday edition. Sources told Reuters in March that Rothschild [ROT.UL], JP Morgan (JPM.N) and Morgan Stanley (MS.N) had been asked to organise the long-awaited deal.
- Reuters•13 days ago
Unilever spreads whets private equity appetite as deadline nears - sources
Anglo-Dutch consumer group Unilever (ULVR.L) has invited private equity bidders to submit tentative offers for its $8 billion (6.10 billion pounds) margarine and spreads business by a deadline of Oct. 19, two sources close to the matter told Reuters. The sale of the business, which makes Flora and Stork margarines, officially kicked off in late September with Unilever's banks sending out confidential information to a series of heavyweight buyout funds which have been working on this deal since the start of the summer, the sources said.
- Bloomberg•13 days ago
Blackstone to Seek $410 Million for Two Paris Offices
Blackstone Group LP is seeking to sell two office buildings in Paris for a total of about 350 million euros ($410 million) as it taps increased investor demand for space in the city in the wake of the ...
- Yahoo Finance•13 days ago
One way millennials are having a big impact on big companies
Companies are having to move to attract talent.
- Bloomberg•14 days ago
London Eye Owner Sets Its Sights on SeaWorld
Merlin Entertainments Plc has approached SeaWorld Entertainment Inc. about a potential deal, according to people familiar with the matter, as the U.K. theme-park operator seeks to expand overseas to offset ...
- Yahoo Finance•14 days ago
Blackstone's Jon Gray: Here are 2 reasons why workplace gender diversity is important
Today, almost 40% of new analyst hires are women.
- Moody's•15 days ago
Gates Global LLC -- Moody's says Gates' acquisition of Atlas Hydraulics is credit positive; B3 CFR unaffected
Announcement: Moody's says Gates' acquisition of Atlas Hydraulics is credit positive; B3 CFR unaffected. Global Credit Research- 03 Oct 2017. New York, October 03, 2017-- Moody's Investors Service said ...
Reuters•16 days agoToshiba buying back 10 percent stake in Westinghouse unit for $522 million
Japan's Toshiba Corp said on Thursday it is buying back a 10 percent stake in Westinghouse Electric Co from minority shareholder Kazatomprom for 59 billion yen ($522 million), taking full ownership of the bankrupt U.S. unit. The move comes as Westinghouse is exploring selling itself, with a deal likely valuing it at close to $4 billion, Reuters reported last week, quoting people familiar with the matter. Private equity firms Blackstone Group (BX.N) and Apollo Global Management (APO.N) have teamed up to bid for Westinghouse, the sources said.
- Motley Fool•16 days ago
3 Stocks to Buy With Dividends Yielding More Than 6%
High-yielding stocks can be rewarding, but you have to be careful about risk.
