BX Jan 2024 70.000 put
| Previous Close | 3.4000 |
| Open | 4.1000 |
| Bid | 3.7500 |
| Ask | 3.9500 |
| Strike | 70.00 |
| Expire Date | 2024-01-19 |
| Day's Range | 3.8500 - 4.1000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 3.58k |
BloombergPrivate Credit is Poised for a Multi-Trillion-Dollar Boom, But It Could Get Ugly Soon
(Bloomberg) -- First came the debt specialists and the private equity firms. Then, hedge funds and wealth managers saw an opening. Now everyone from sovereign wealth funds to venture capitalists are spouting Wall Street’s favorite buzzword: private credit.Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySEC Sues Binance and CEO Zhao for Breaking Securities RulesOil Trims Gains as Traders Wait for OPEC+ Cuts to MaterializeUS F-16 Triggers Sonic Boom Pursuing
Simply Wall St.Blackstone (NYSE:BX) investors are up 3.9% in the past week, but earnings have declined over the last five years
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
- Reuters
Blackstone's real estate fund sees fewer redemption requests in May
Blackstone Inc said on Thursday that redemption requests related to its real estate fund decreased in May after the private equity firm faced a flurry of redemption requests in the past few months. BREIT fulfilled March withdrawal requests of $666 million, representing only 15% of the $4.5 billion in total redemption requests for the month, the asset manager previously said. In April, the company blocked withdrawals from its $70 billion real estate income trust for March.
Business WireBlackstone Completes Acquisition of Majority Stake of Copeland, Formerly Emerson Climate Technologies
NEW YORK & ST. LOUIS, May 31, 2023--Blackstone (NYSE: BX) and Emerson (NYSE: EMR) today announced that private equity funds managed by Blackstone ("Blackstone") have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14.0 billion. This closing marks a significant milestone in the HVAC and refrigeration (HVACR) industry leader’s journey to advance the next generation of climate technologies.
ZacksBlackstone Inc. (BX) Stock Moves 0.82%: What You Should Know
Blackstone Inc. (BX) closed at $86.40 in the latest trading session, marking a +0.82% move from the prior day.
ZacksHere is What to Know Beyond Why Blackstone Inc. (BX) is a Trending Stock
Blackstone Inc. (BX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Business WireBlackstone to Present at Morgan Stanley’s US Financials, Payments and CRE Conference
NEW YORK, May 30, 2023--Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at Morgan Stanley’s US Financials, Payments and CRE Conference on Monday, June 12, 2023 at 2:30pm ET.
ReutersBlackstone-owned Crown Resorts agrees to $294 million fine in Australia
(Reuters) -Crown Resorts, the Australian casino operator bought by Blackstone Inc after three damaging inquiries, agreed to pay a A$450 million ($294 million) fine for breaking anti-money laundering laws, a step toward ending its darkest chapter. The company, dominated by billionaire founder James Packer before he agreed to sell last year, said it agreed to the payment after allegations over wide-ranging governance problems sparked inquiries in all the states in which it operated, plus an investigation by the financial crime watchdog. The fine, which the federal court must approve, is the third-largest for an Australian company, and takes Crown's total penalties to A$680 million since it was rocked by accusations of ignoring organised crime and employee safety in hearings since 2020.
- Reuters
UPDATE 3-Blackstone-owned Crown Resorts agrees to $294 mln fine in Australia
Crown Resorts, the Australian casino operator bought by Blackstone Inc after three damaging inquiries, agreed to pay a A$450 million ($294 million) fine for breaking anti-money laundering laws, a step toward ending its darkest chapter. The company, dominated by billionaire founder James Packer before he agreed to sell last year, said it agreed to the payment after allegations over wide-ranging governance problems sparked inquiries in all the states in which it operated, plus an investigation by the financial crime watchdog. The fine, which the federal court must approve, is the third-largest for an Australian company, and takes Crown's total penalties to A$680 million since it was rocked by accusations of ignoring organised crime and employee safety in hearings since 2020.
- Simply Wall St.
Insiders At Blackstone Sold US$9.4m In Stock, Alluding To Potential Weakness \
In the last year, many Blackstone Inc. ( NYSE:BX ) insiders sold a substantial stake in the company which may have...
BloombergSoftBank May Be Joining the Private Credit Boom: Credit Weekly
(Bloomberg) -- SoftBank’s mooted plan to move into private credit is the latest sign the market’s having what Blackstone Inc. President Jon Gray calls a “golden moment.”Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184
ZacksRobust AUM Balance Aids Blackstone (BX) Amid Cost Woes
A solid AUM balance, fund-raising ability and revenue mix are likely to keep supporting Blackstone (BX). However, elevated expenses and unsustainable capital deployments are headwinds.
ZacksCIXXF or BX: Which Is the Better Value Stock Right Now?
CIXXF vs. BX: Which Stock Is the Better Value Option?
BloombergSchwarzman Says Blackstone in Talks to Buy Regional Bank Assets
(Bloomberg) -- Blackstone Inc. Chief Executive Officer Steve Schwarzman said the investment giant is in talks with several US regional banks to explore purchases of assets and loans they originate.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers EverywhereWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutRussian Wagner Chief Blasts Outcome of Putin’s Ukraine War GoalsWorld’s Biggest Nuclear Plant May St
ZacksThe Zacks Analyst Blog Highlights Alphabet, Raytheon, Blackstone, SAP SE and CVS Health
Alphabet, Raytheon, Blackstone, SAP SE and CVS Health are included in this Analyst Blog.
ZacksTop Analyst Reports for Alphabet, Raytheon Technologies & Blackstone
Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Raytheon Technologies Corporation (RTX) and Blackstone Inc. (BX).
ReutersBlackstone platform bets on Indian data binge, in talks with Microsoft, Amazon
Blackstone is in talks with companies including Microsoft and Amazon to build Indian data centres for them to meet growing storage and processing demand, the CEO of its Lumina CloudInfra data centre platform told Reuters. COVID-19 created a shift in data consumption habits with more people working remotely and a spike in the use of social media, streaming platforms and e-commerce. This caused a "data explosion", said Anil Reddy, global CEO of Lumina, which is owned and managed by Blackstone, making this the next major investment for the private equity giant in India.
BloombergBlackstone in Talks With Lenders on Maturing Chicago Office Loan
(Bloomberg) -- Blackstone Inc. is in discussions with lenders on a $310 million mortgage backed by a struggling Chicago office tower. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekThe commercial mortgage
Motley FoolThese Dividend Stocks Are Setting Their Sights on This $150 Trillion Market Opportunity
Alternative asset managers have built enormous businesses by tapping into institutional capital. Institutional investors like pension funds, endowments, and insurance companies have an estimated $135 trillion to $140 trillion pool of investable capital. Private investors hold the other half, estimated to be between $140 trillion and $150 trillion.
BloombergFosun Sells $455 Million Diamond-Grade Firm Stake to Blackstone
(Bloomberg) -- Fosun International Ltd. has agreed to sell its shares in diamond-grading firm International Gemological Institute’s business in three regions for $455 million to Blackstone Inc., as the Chinese conglomerate continues to shed assets in a bid to cut debt.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMeta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalBiden Says US-China Relations Se
- Reuters
UPDATE 1-Blackstone acquires International Gemological Institute
Private equity company Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone bought IGI, whose majority revenue and profits come from India, for about $530 million, a person with direct knowledge of the matter said on condition of anonymity.
ReutersBlackstone acquires International Gemological Institute
MUMBAI (Reuters) -Private equity company Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone bought IGI, whose majority revenue and profits come from India, for about $530 million, a person with direct knowledge of the matter said on condition of anonymity. A statement said Blackstone had purchased an 80% stake from Fosun and 20% from the Lorie family.
ZacksBlackstone Inc. (BX) is Attracting Investor Attention: Here is What You Should Know
Blackstone Inc. (BX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
BloombergBlackstone Struggles to Sell Private Credit to Europe’s Rich
(Bloomberg) -- Blackstone Inc. President Jon Gray told analysts last month that private credit is having a “golden moment” as fund managers take advantage of tighter credit after recent banking turmoil. Left unsaid was that a big push in Europe is proving an exception.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsWall Street Fears $1 Trillion Aftershock From Debt DealHere’s How Much Wealt
Business WireBlackstone to Present at Bernstein’s 39th Annual Strategic Decisions Conference
NEW YORK, May 17, 2023--Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at Bernstein’s 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023 at 10:00am ET.
