|Bid||34.49 x 900|
|Ask||34.50 x 800|
|Day's Range||34.14 - 34.61|
|52 Week Range||26.88 - 40.60|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||15.30|
|Earnings Date||Apr 18, 2019|
|Forward Dividend & Yield||2.32 (6.76%)|
|1y Target Est||40.05|
David Bahnsen, founder and chief investment officer at the Bahnsen Group, joins "Squawk Box" to discuss his favorite stock picks.
Large investment firms are worsening global housing shortages by forcing vulnerable out of low-income homes and upgrading them for higher rents, said United Nations human rights experts, who appealed to countries to tighten up regulation. Farha and Surya Deva, chairman of the U.N. Working Group on business and human rights, wrote to Blackstone Group LP, the world's largest private equity firm, and authorities in Denmark, Ireland, Spain, Sweden, the United States and Czech Republic.
NEW YORK, March 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Find out which Austin brokers just handled the business of the family office of Tony James, one of the richest men in the world of finance, and why recent history indicates this property — like others in the area — are solid bets if you have the money to put down.
Thomson Reuters and Blackstone first began considering an IPO of the bond-trading platform last year.
Blackstone announced today that it will host its first quarter 2019 investor conference call on Thursday, April 18, 2019 at 9:00 a.m. ET. You can listen to the call by dialing +1 391-6747 (U.S.
Scout24, the Germany-based autos and property marketplace, expressed an interest on Monday in acquisitions if eBay Inc sells its classifieds business following pressure from activist investors to do so. "That is a concrete example we are looking at," CEO Tobias Hartmann told journalists after Scout24 reported double-digit growth in revenue and profits last year. Scout24 is itself the target of a 5.7 billion euro ($6.4 billion) friendly takeover by private equity firms Hellman & Friedman and Blackstone amid churn in the classifieds sector as players seek scale.
“We have determined not to move forward with an IPO at this time,” Alight said in an emailed statement confirming a report by Bloomberg News. Blackstone will hold onto Alight for now, said people familiar with the matter, who asked not to be identified as the details aren’t public. A representative for Blackstone declined to comment.
PE Daily: Blackstone to Buy ServePro | KKR Taps Soros Exec | Calpers Approves PE Overhaul Good day! Private-equity firms and their private-infrastructure peers have been eagerly snapping up data centers and cell towers in recent years.
Blackstone Group has raised $695 million (523.62 million pounds) from Mexican pension funds for its first two local private equity funds, filings showed, joining Black Rock and KKR & Co in expanding in Mexico following regulatory changes. Several of the world's top private equity managers have quietly raised billions of dollars from Mexican pension funds, known as afores, since new rules were enacted early last year, filings to the Mexican Stock Exchange and a non-public document reviewed by Reuters showed. It was not immediately clear how much in total has been raised to date in Mexico by equity managers, which include Discovery Capital Management, General Atlantic, Partners Group, Lexington Partners and HarbourVest Partners.
The deal for the largest owner and operator of private schools in the kingdom could be worth about $400 million, the people said, asking not to be identified because the discussions are private. A spokesman from GEMS Education declined to comment. Under Vision 2030, Saudi Arabia is encouraging private-sector participation in education, as it seeks to wean the economy off oil.
LP is nearing a deal to acquire cleaning- and emergency-restoration services provider Servpro Industries Inc. for more than $1 billion including debt, according to people familiar with the matter. The private-equity firm has emerged as the winner in an auction for Servpro run by investment bank Harris Williams & Co., the people said. Servpro, of Gallatin, Tenn., operates a network of more than 1,700 franchisees that specialize in fire, water, mold and other cleanup services for residential and commercial customers.
Felix Gray CEO David Roger tells us why he preferred working with PE investors, and whether VCs make less sense for certain types of startups.
NEW YORK, March 15, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2019. Blackstone Mortgage Trust (BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Blackstone (BX) is one of the world's leading investment firms.
’s two-year hiring push in Japan has paid off with the firm’s first buyout of a Japanese company. Blackstone said on Friday it agreed to purchase Ayumi Pharmaceutical Corp., a Japanese specialty pharmaceutical company focused on the treatment of rheumatoid arthritis and other orthopedic conditions. The acquisition results from an effort by Blackstone to ramp up its presence and its investments in the region over the past couple of years.
Blackstone announced today that private equity funds managed by Blackstone have entered into a definitive agreement to acquire AYUMI Pharmaceutical Corporation , a leading specialty pharmaceutical company in Japan focused on Anti-Rheumatism and Orthopedics, from Unison Capital, an independent private equity firm based in Japan, and M3, Inc., a medical information site business.
New data suggests investors in single-family homes as rentals in Sacramento County are going to see their best year in eight years in 2019.
Blackstone Group said on Friday it had agreed to buy Japanese drug maker Ayumi Pharmaceutical Corp, a deal one person said was worth around $1 billion. The deal marks the first one in Japan by the U.S. private equity (PE) firm after it set up a local team in 2017 to broaden its focus beyond property transactions. Blackstone will acquire the maker of anti-rheumatism drugs from PE firm Unison Capital and medical information site business M3, Blackstone said in a statement.
The decision by Oaktree, led by distressed debt investor Howard Marks, to sell a majority stake of itself comes after a sustained period in which its stock has underperformed the broader market. Oaktree's stock is down around 13 percent in the last five years, even after a price bump on Wednesday following the deal's announcement. By comparison, the S&P 500 Index is up more than 50 percent over the period and Blackstone's share price is up 4 percent.
In the latest trading session, Blackstone Group (BX) closed at $34.22, marking a +1.74% move from the previous day.
Disney’s Fox Acquisition Just Cleared Its Final Regulatory HurdleRegulatory approval for Disney-Fox acquisition On March 11, the Walt Disney Company (DIS) finally received antitrust approval from Mexico’s telecommunications regulators for its
Blackstone Group LP’s infrastructure fund, which is anchored by Saudi Arabia’s Public Investment Fund, is keen to buy part or all of EDP Renovaveis SA, in particular the firm’s U.S. portfolio, according to people with knowledge of the matter. Blackstone Infrastructure Partners could also team up with the utilities, they said.