Blackstone Inc
NYSE: BX
$158.12
-$1.54 (-1.0%)
Closing Price on September 20, 2024
BX Articles
There is a menagerie of companies with stocks that look like the boulevard of broken dreams because of the woes in the stock market and economy in January. But no group looks as bad as the group of...
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Verizon (VZ) bottomed at $33.30 after downgrades due to cellular service price wars. HCC Insurance (HCC) Weak quarterly results. Trades down to $24.25 from 52-week high of $24.45. AT&T (T) drops...
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Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24. Idearc (IAR) New CEO appointed after weak earnings. Not much of...
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UBS Ag (UBS) Swiss bank gets pounded on big write-off. Drops to $33.60 from 52-week high of $66.26. Blackstone (BX) Today is CEO Steve Schwarzman’s birthday. Happy birthday, Steve. Shares slide to...
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MFResidential Investments, Inc. submitted an IPO filing on Tuesday. The total proposed maximum aggregate amount in securities is listed as $250,000,000 in securities, although this number is merely...
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Banks thought they would make money on everything in 2007. Instead, they made money on nothing. That winning streak appears to be extending into 2008. One of the most sure-fire schemes at banks was...
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According to Reuters, Aluminum Corp of China has no plans to increase its stake in Rio Tinto (RTP). Reuters writes that Yahoo! (YHOO) is considering a business alliance with Google (GOOG) as one way...
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Shares of Alliance Data (ADS) are trading off 42% before the open. The Blackstone Group (BX) and Aladdin Solutions have informed Alliance Data that they do not anticipate the condition to closing the...
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Late word is that the China Development Bank may pass on putting $2 billion into Citigroup (C) as was planned. According to The Wall Street Journal the Chinese government may be blocking the deal. As...
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There have been major reports for days and weeks that have revolved around many financial services, banks, lenders, and the like merging. The truth is that the carnage in the financial sector is...
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Blackstone and GSO Capital Partners LP have agreed in principle on terms under which Blackstone will acquire GSO. GSO is an alternative asset manager specializing in the leveraged finance...
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Most of the news about private equity operations has been bad. Tight credit markets. Broken deals. Buy-outs closed but in trouble because of large debt loads. Silver Lake, one of the largest private...
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The Blackstone (BX) and GE (GE) buy-out of mortgage and vehicle leasing company PHH fell apart. The reason given was lack of availability of financing. In truth, PHH (PHH) is in a business that is...
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This is not every bit of news on individual stocks but this is the major news affecting many shares in pre-market activity this Thursday morning: Accenture (ACN) stock up 4% after posting $0.60 EPS...
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We have been pretty critical of the ratings agencies not being on their toes and calling on things far too late. In fact, I have been an anti-fan of theirs all the way back to Enron. Today is...
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