|Bid||68.61 x 3000|
|Ask||69.23 x 800|
|Day's Range||67.97 - 69.98|
|52 Week Range||33.00 - 72.10|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||46.15|
|Earnings Date||Apr 21, 2021 - Apr 26, 2021|
|Forward Dividend & Yield||2.26 (3.30%)|
|Ex-Dividend Date||Feb 05, 2021|
|1y Target Est||73.41|
A large group of senior Wall Street executives, including David Solomon of Goldman Sachs and Stephen Schwarzman of Blackstone, have backed Joe Biden’s $1.9tn stimulus plan ahead of crucial votes on the package in Congress. In a letter to congressional leaders from both parties on Wednesday, more than 150 business leaders based in New York City called for “immediate and large-scale federal legislation” to tackle the fallout from the pandemic.
Oatly filed a document for an initial public offering (IPO) with the Securities and Exchange Committee on Tuesday. The market for IPOs has been incredibly hot as of late. A market cap in the $10 billion range would immediately make Oatly one of the most valuable pure-play stocks in the health food space, and there are reasons why investors may be willing to embrace a growth-dependent valuation.
(Bloomberg) -- Blackstone Group Inc.’s Verdun Perry said the private equity industry needs to step up when it comes to diversifying its ranks and increase the number of places where it seeks out talent.The largest alternative asset manager, which recruited from just nine schools in 2015, now searches for future employees at 44 of them, including historically Black colleges and universities, Perry said Tuesday during Bloomberg’s New Voices event.“We’ve got to increase the funnel,” said Perry, a Morehouse College graduate who runs Blackstone Strategic Partners, a $38 billion unit focused on buying investors’ existing stakes in private equity funds. “You can’t just go back to your alma mater or talk to a friend of yours from the country club and then say, ‘I’ll hire your son.”’See also: Blackstone Seeks About $15 Billion for New Secondaries FundsPerry was joined in a panel discussion by Lisa Hall, who runs impact investing at Apollo Global Management Inc., and Greg Belinfanti, a senior managing director at One Equity Partners.“There’s no question that the industry has a long way to go,” Hall said. “There’s a lot of work that’s being done to decrease the gap.”The largest private equity firms, including Blackstone and Apollo, are leading the way when it comes to increasing diversity. That has resulted in stronger returns and increased pressure from investors for broader change throughout the industry, according to Belinfanti.“You’re seeing a lot of people in the middle market now start to recognize that having representation from women and minorities is incredibly important to the sustainability of the business,” he said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.