Blackstone Inc

NYSE: BX
$199.05
+$5.04 (+2.6%)
Closing Price on November 22, 2024

BX Articles

Hicks Acquisition Company I, Inc. (AMEX: TOH) has reached an agreement in principle to go from SPAC to operational.  The deal and terms are subject to execution of a definitive agreement, although...
The Wall Street Journal has reported that The Blackstone Group LP (NYSE:BX) will invest some $500 million into a new pipeline company, Crestwood Midstream Partners LLC. Crestwood was formed in...
According to Reuters, Carl Ichan will fight to get Yahoo! (YHOO) to accept Microsoft’s (MSFT) bid. Reuters writes that the Senate has reached an agreement on a housing rescue. Reuters reports that...
The Blackstone Group L.P. (NYSE: BX) has reported earnings this morning, and it’s really hard to find anything pretty in the release.  The private equity leader posted a GAAP net loss of $246.7...
Blackstone Group has announced the closing of three newly created collateralized loan obligation funds totaling $1.3 billion. Yep, CLOs. These were all created over the past month.
It is spring on Wall St. With the warmer weather comes hope that the big financial crisis which seems to have engulfed everything in the world over the last three quarters is losing its steam now. In...
There was an interesting communication from The Blackstone Group, L.P. (NYSE: BX) this morning and the company issued a press release confirming that data.  Blackstone announced the closing of...
There is growing concern about where the Fed will get the hundreds of billions of dollars it will need to bail-out failing banks and brokerages. Most economists point to the tax-payer as the ultimate...
Alliance Data (NYSE: ADS) had given Blackstone (NYSE:BX) notice that the private equity firm is no longer negotiating in good faith to complete a buy-out. The charge probably has the benefit of being...
Accoding to Reuters, the Fed is set for a large rate cut in the face of the financial crisis. Reuters writes that Google (GOOG) says it is well positioned for an economic slowdown. Reuters reports...
The Blackstone Group, LP (NYSE: BX) has posted earnings of $0.08 EPS before charges, while First Call had $0.19 as consensus.  The private equity giant also posted revenues of $447.5 million,...
Shares of The Blackstone Group, L.P. (NYSE: BX) have seen their share of pain since coming public in 2007.  The private equity giant will report earnings Monday, and this may further set the tone...
Reddy Ice (NYSE: FRZ) Offices raided by Feds. Drops to $12 from 52-week high of $32.21. Washington Mutual (NYSE:WM) One of the largest mortgage brokers. Falls to $9.91 from 52-week high $44.66....
Analyst Michael Hecht of Bank of America has cut his earnings estimate for Blackstone Group (NYSE: BX) by half for the next quarter from $.25 to $.11. Blackstone’s stock now trades at just over $15...
The business press has had its ear to the rail, and it has heard that more capital is headed toward private equity funds. Some of this money may be invested by the huge sovereign funds which have...