GO
Loading...

Enter multiple symbols separated by commas

Stocks Blackstone Group LP

More

  • July 31- Plastic packaging products maker Berry Plastics Group Inc said it would buy Avintiv Inc, which makes materials used in products ranging from diapers to disinfectant wipes, for about $2.45 billion in cash from Blackstone Group LP. Berry Plastics' shares rose nearly 2 percent to $34 in trading before the bell on Friday. Avintiv has 23 locations in 14...

  • Berry Plastics buying Avintiv for $2.45 billion Friday, 31 Jul 2015 | 8:46 AM ET

    NEW YORK— Berry Plastics Group Inc. is buying Avintiv Inc. for about $2.45 billion. Evansville, Indiana- based Berry Plastics, which makes plastic consumer packaging and engineered materials, is buying the company in a move to broaden its reach. It is owned by the investment firm Blackstone Group LP.

  • July 31- Berry Plastics Group Inc said it would buy Avintiv Inc, which makes materials used in products ranging from diapers to disinfectant wipes, for about $2.45 billion in cash from Blackstone Group LP.

  • UPDATE 1-Airbnb hires Blackstone CFO Tosi Friday, 24 Jul 2015 | 1:41 PM ET

    July 24- Airbnb Inc, the fast-growing online home rental website operator, said it hired Blackstone Group LP Chief Financial Officer Laurence Tosi as its finance head. Before that, he was chief operating officer of global markets and investment banking at Merrill Lynch& Co.. Bloomberg first reported Tosi's move on Thursday.

  • Airbnb hires Blackstone CFO Tosi Friday, 24 Jul 2015 | 12:51 PM ET

    July 24- Blackstone Group LP said Chief Financial Officer Laurence Tosi had resigned to become the CFO of online home rental website Airbnb Inc.. Tosi will replace Andrew Swain, who left Airbnb last September. Tosi's resignation is effective Aug. 7, Blackstone said in a regulatory filing.

  • NEW YORK July 23- A new offer by bondholders of Puerto Rico's public utility PREPA to refinance billions of dollars in debt was criticized by the utility on Thursday and deemed risky by others. Presented to PREPA on July 7 and made public on Thursday, the bondholders' plan would split about $8 billion of debt into two tranches, with one taking the form of capital...

  • NEW YORK, July 22- John McCormick has been on a mission for the past five years: to bring hedge funds to the masses. Traditional hedge funds, those lightly regulated investment pools open exclusively to large institutions and rich individuals, have been duds lately, trailing the U.S. stock market's performance every year since 2009 by an average of 10 percentage...

  • July 20- Private equity firms Blackstone Group LP and Corsair Capital have agreed to acquire a majority stake in First Eagle Investment Management, valuing the company at around $4 billion including debt, First Eagle announced on Monday. Under the terms of the deal, private equity firm TA Associates is selling its entire stake in First Eagle and the family of...

  • July 20- Private equity firms Blackstone Group LP and Corsair Capital have agreed to acquire a majority stake in First Eagle Investment Management, valuing the company at around $4 billion including debt, according to people familiar with the matter. New York- based First Eagle manages approximately $100 billion in investment assets. Private equity firm TA...

  • July 16- Blackstone Group LP, the world's largest alternative asset manager, reported a 62 percent slump in second-quarter earnings on Thursday, yet performance fee revenue generated from selling assets surpassed many analysts' expectations. But investors cheered as the New York- based firm declared its third highest quarterly dividend of 74 cents per share,...

  • July 16- Blackstone Group LP, the world's largest alternative asset manager, reported a 62 percent slump in second-quarter earnings on Thursday, blaming weak global stock market markets that weighed on the value of some of its holdings. The New York- based firm said economic net income, a metric of its profitability that takes into account the mark-to-market...

  • Blackstone shares were down 2 percent at $40.50 in premarket trading in New York. The New York- based firm said economic net income, a metric of its profitability that takes into account the mark-to-market valuation of its portfolio, was $508 million in the second quarter, down from $1.33 billion a year ago. During the quarter, Blackstone completed a $14 billion...

  • July 16- Blackstone Group LP, the world's largest alternative asset manager, reported a 62 percent slump in second-quarter earnings, blaming weak global equity markets that weighed on the value of some of its holdings. The New York- based firm said on Thursday economic net income, a metric of its profitability that takes into account the mark-to-market...

  • Traders could stay close to home in week ahead Friday, 10 Jul 2015 | 5:26 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The stock market could turn back to domestic matters in the coming week, and some strategists say it may like what it sees.

  • Big investors buy fewer homes but see bigger gains Monday, 6 Jul 2015 | 11:49 AM ET
    A house for rent in Corona Del Mar, California

    Large investors have slowed purchasing but are holding on to what is becoming an increasingly lucrative asset: The single-family rental home.

  • *Zhang most recently worked with Credit Suisse. *Neil Harvey to serve as Credit Suisse's Greater China CEO. Zhang, who mostly recently served as the co-chief executive officer for Greater China at Credit Suisse, will help Blackstone to expand its presence in the region, the statement added.

  • Early movers: PNR, CAG, GE, FIT, JUNO, GM & more Tuesday, 30 Jun 2015 | 7:57 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Dividend stocks to buy even if interest rates rise Wednesday, 24 Jun 2015 | 9:19 AM ET
    A gas flare is seen at an oil well site outside Williston, North Dakota.

    A Morgan Stanley report picks out the stocks with the highest dividend yields that will do well in the likely rising-rate environment.

  • June 16- Blackstone Group LP and Carlyle Group LP are making a joint bid for NCR Corp in a leveraged buyout worth more than $10 billion, including debt, making it this year's biggest, according to people familiar with the matter. Blackstone and Carlyle, the world's two largest private equity firms, have joined forces to outbid other buyout firms and acquire Duluth,...

  • Blackstone hire part of big Nigeria push Thursday, 11 Jun 2015 | 3:26 PM ET
    Lamido Sanusi, former governor of Nigeria's central bank.

    Blackstone Group has strengthened its ties to Nigeria, the West African country where it could put big money to work.