32.45 +0.67 (2.11%)
Pre-Market: 8:38AM EDT
|Bid||32.50 x 100|
|Ask||32.57 x 2000|
|Day's Range||31.57 - 32.04|
|52 Week Range||29.03 - 37.52|
|PE Ratio (TTM)||14.38|
|Earnings Date||Apr 19, 2018|
|Forward Dividend & Yield||3.40 (11.07%)|
|1y Target Est||40.50|
The economic and earnings calendars on Thursday should be fairly quiet, as investors continue to focus on the Treasury yield curve, which some fear is signaling recession.
NEW YORK, April 19, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Blackstone Group reported first-quarter profit that beat expectations thanks to strong growth in fee-related earnings, though its results faded compared with a blockbuster quarter a year ago.
Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, on Thursday reported a 20 percent drop in first-quarter earnings per share but still beat Wall Street's expectations, as a stock market slump weighed on the value of its holdings. Profits have soared at private equity firms such as Blackstone in recent years, as a U.S. stock market rally allowed them to sell assets for top dollar. Blackstone posted economic net income per share of 65 cents in the first quarter, down from 81 cents a year earlier.
Procter & Gamble PG – Procter & Gamble earned an adjusted $1 per share for its third quarter , 2 cents a share above estimates. BB&T BBT – The regional bank reported adjusted quarterly profit of 97 cents per share, beating Street forecasts by 5 cents a share. Bank of New York Mellon BK – The bank came in well above forecasts, with quarterly profit of $1.10 per share.
On a per-share basis, the New York-based company said it had net income of 53 cents. Earnings, adjusted for non-recurring costs, came to 65 cents per share. The results topped Wall Street expectations. ...
New York-based Blackstone said it plans to pay a 30 cent special dividend in 2018, returning to shareholders a portion of the proceeds from the conclusion of its partnership with FS Investment Corp. The firm increased its share buy-back authorization to $1 billion from $335.8 million.
Blackstone posted first-quarter profits that surpassed Wall Street expectations on Thursday, as investors’ hunger for yield helped drive assets under management at the US private equity group to a new ...
Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, said on Thursday first-quarter earnings per share fell 20 percent year-on-year, as a stock market slump weighed on the value of its holdings. New York-based Blackstone said it plans to pay a 30 cent special dividend in 2018, returning to shareholders a portion of the proceeds from the conclusion of its partnership with FS Investment Corp. The firm increased its share buy-back authorization to $1 billion from $335.8 million. In January, Blackstone agreed to buy a majority stake in the Financial and Risk business of Thomson Reuters Corp , the parent company of Reuters News, in a $20 billion deal.
BHP Billiton Ltd (BHP.AX) cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly raising its copper output expectations given higher production at the Escondida mine. A car dumper is a machine that unloads bulk cargoes from rail road cars. Overall, the outcome of the global miner's third quarter production was balanced as lower iron ore output and eased guidance should be broadly offset by a slight pick up in third quarter copper production and upgraded guidance, said Sydney-based brokerage Shaw and Partners in a report.
The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes. BHP, the world's biggest miner, said its copper production target was affected by a "slower than planned" ramp-up in production during the March quarter at its Olympic Dam facility in South Australia. BHP's iron ore output rose to 67 million tonnes in the three months ended March 31, compared with 62 million tonnes a year ago.
Apr.18 -- Lloyd Blankfein, head of Goldman Sachs Group Inc., and Jon Gray, heir apparent of Blackstone Group, sat down for lunch last month, just as tensions between their firms were ratcheting up. Bloomberg's Nabila Ahmed reports on "Bloomberg Markets."
Apr.18 -- Bloomberg’s Ed Hammond discusses a lunch meeting between Goldman Sachs CEO Lloyd Blankfein and Blackstone President Jonathan Gray. They are said to have talked about a controversial trade involving credit-default swaps. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."