Previous Close | 47.08 |
Open | 47.08 |
Bid | 40.25 |
Ask | 41.95 |
Strike | 130.00 |
Expire Date | 2024-01-19 |
Day's Range | 47.08 - 47.08 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
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.
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.
Blackstone Inc. (BX) closed at $86.40 in the latest trading session, marking a +0.82% move from the prior day.
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.
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.
(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.
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.
In the last year, many Blackstone Inc. ( NYSE:BX ) insiders sold a substantial stake in the company which may have...
(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
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.
CIXXF vs. BX: Which Stock Is the Better Value Option?
(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
Alphabet, Raytheon, Blackstone, SAP SE and CVS Health are included in this Analyst Blog.
Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Raytheon Technologies Corporation (RTX) and Blackstone Inc. (BX).
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.
(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
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.
(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
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.
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.
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.
(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
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.
(Bloomberg) -- A consortium of investors including Blackstone Inc. and Thomson Reuters Corp. sold £2.7 billion ($3.4 billion) worth of stock in London Stock Exchange Group Plc, two months after their last disposal of the company’s shares.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsA 32-Year-Old Nears Billionaire Status by Using AI to
An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters , the publisher of Reuters News, is looking to sell around $3 billion worth of shares in the London Stock Exchange Group, according to a term sheet shared by an investment bank involved in the sale on Tuesday. Blackstone and Thomson Reuters did not immediately respond to a request for comment. LSEG declined to comment.