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Blackstone Group LP

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  • Final Trade: Your First Move for Tuesday, May 21 Monday, 20 May 2013 | 7:07 PM ET

    The "Fast Money" traders share their final trades of the day.

  • NEW YORK, May 20- The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads.

  • Cohen Receives Subpoena to Testify  Monday, 20 May 2013 | 3:45 PM ET

    SAC Capital is under investigation for insider trading, and its founder Steve Cohen has received a subpoena to testify about his company before a grand jury, reports CNBC's Kate Kelly.

  • *Pactera expects to form special committee to assess offer. *Pactera shares up 30 percent. May 20- Pactera Technology International Ltd said on Monday that Blackstone Group LP, together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private.

  • NEW YORK, May 17- Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion, three people familiar with the matter said this week.

  • The volume of takeovers worldwide has dropped 7 percent year to date to $750 billion, with the week to Thursday marking the slowest week for acquisitions this year, Thomson Reuters data showed on Friday.

  • Private Equity Cash In on Cheap India Infrastructure Wednesday, 15 May 2013 | 10:03 PM ET
    Construction in Mumbai, India.

    Private equity investment in Indian infrastructure is poised to pick up following a lengthy dry patch as debt-stressed operators come under pressure from banks to offload assets.

  • BOSTON, May 15- Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.

  • DDR buys shopping malls from Blackstone for $1.46B Wednesday, 15 May 2013 | 5:21 PM ET

    BEACHWOOD, Ohio-- DDR Corp. is buying 30 of 44 U.S. shopping centers from a joint venture it has with private equity firm Blackstone Group LP in a deal worth $1.46 billion, saying it expects to make money by raising rents at the malls and redeveloping them. They include centers in Boston, Chicago, Washington and Minneapolis among others.

  • This time, would-be investors such as KKR, the Blackstone Group and Macquarie Group are looking at buying into completed projects, a relatively safe bet, tempted by valuation expectations that have fallen roughly 25-30 percent over the past two years, fund managers and bankers said.

  • NEW YORK, May 13- The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3 G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software, have one common link: Kirkland& Ellis LLP.

  • Icahn, Southeastern Reveal Dell Board Candidates Monday, 13 May 2013 | 7:41 AM ET

    The special committee of Dell board of directors is seeking more details on Carl Icahn's proposed offer for the computer maker.

  • IPOs can be the most intriguing part of the market. And they can also be the most dangerous.

  • The 'Gatsby' Rally and Poopgate: Talking Squawk Friday, 10 May 2013 | 8:40 AM ET

    To get you ready for the latest "The Great Gatsby" movie, "Taking Squawk" looks at what we could call the "Gatsby" stock market. Plus, poopgate: Look out below!

  • Albaugh, 62, retired from Boeing in October. In a 37- year career there, he also headed Boeing's defense and space businesses before moving to commercial airplanes.

  • Don't Worry! Fed QE No Big Concern: Blackstone CEO Thursday, 9 May 2013 | 12:26 PM ET
    Federal Reserve Building, Washington, D.C.

    The Fed's $3 trillion-plus balance sheet isn't that big compared with the banking system, Blackstone boss Steve Schwarzman told CNBC.

  • China Is 'Core Curriculum': Schwarzman Thursday, 9 May 2013 | 10:44 AM ET

    Steve Schwarzman, co-founder of PE giant Blackstone, told CNBC he's starting a $300 million scholarship in China in hopes of defusing tensions between Beijing and the West.

  • UPDATE 1-Carlyle generates less cash from asset sales Thursday, 9 May 2013 | 8:54 AM ET

    May 9- Private equity firm Carlyle Group LP reported flat first-quarter profit and a decline in cash generated from managing and selling assets, despite strong capital markets that have allowed its peers to boost earnings. On a post-tax basis, this translated into $1.02 per adjusted unit, beating analysts' average forecast of 94 cents in a Thomson Reuters poll.

  • Blackstone CEO's Alternative Investment Strategies  Thursday, 9 May 2013 | 7:13 AM ET

    Blackstone Group CEO Steve Schwarzman discusses how he is finding improved returns by investing in private equity, real estate, credit, and hedge-fund oriented investments.

  • China Gets Historic $300 Million Donation  Thursday, 9 May 2013 | 7:02 AM ET

    It's the single largest philanthropic gift to China from foreign donors. Stephen Schwarzman, Blackstone Group chairman, CEO & co-founder, discusses the launch of a scholarship program in China funded by his personal donation and Blackstone Group.