GO
Loading...

Blackstone Group LP

More

  • April 17- Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.

  • NEW YORK, April 17- Blackstone Group LP, the world's largest alternative asset manager, reported a 30 percent rise in first-quarter earnings, driven by strong gains in its private equity arm that more than offset small declines in its real estate unit.

  • Moelis & Co. prices initial public offering at $25 Wednesday, 16 Apr 2014 | 6:58 AM ET

    NEW YORK— Moelis& Co. priced its initial public offering at $25 per share, which was below expectations. The New York investment bank plans to offer 6.5 million shares to raise $162.5 million.

  • NEW YORK, April 15- The abrupt firing of Symantec Corp Chief Executive Officer Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.

  • April 14- A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6 billion, the high end of analysts' forecasts in China's biggest acquisition of a mine, showing the strength of its long-term need for copper.

  • April 10- Rentech Inc, which processes wood fibre, said Blackstone Group LP's credit arm would invest $150 million in the company in return for two board seats, sending its shares up as much as 19 percent.

  • April 10- Rentech Inc, which processes wood fibre, said Blackstone Group LP's credit arm would invest $150 million in the company in return for two board seats. Rentech shares rose as much as 19 percent to $2.15 in morning trade on Thursday.

  • Shares of Blackstone-backed La Quinta up in debut Wednesday, 9 Apr 2014 | 11:29 AM ET
    La Quinta hotels.

    Shares of La Quinta fell as much as 2 percent in their trading debut on Wednesday, though they later rebounded and rose slightly.

  • *Shares open at $16.75, below IPO price of $17. La Quinta's shares, which priced below the expected range at $17, fell as much as 4 percent in early trading before recovering their losses to trade slightly up.

  • Shares of Blackstone-backed La Quinta fall in debut Wednesday, 9 Apr 2014 | 9:53 AM ET

    La Quinta raised $650 million from the offering of 38.25 million shares, which priced slightly below the expected range at $17 per share. La Quinta's shares opened at $16.75 and touched a low of $16.65 on the New York Stock Exchange on Wednesday, valuing the company at $2.04 billion.

  • US stocks rally on Fed minutes, earnings news Wednesday, 9 Apr 2014 | 9:16 AM ET

    NEW YORK— Once again, it was the Federal Reserve to the rescue for the stock market. Facebook rose the most in the S&P 500, jumping 7.3 percent, followed closely by biotech company Vertex Pharmaceuticals, up 7 percent.

  • La Quinta raises about $651M from IPO Wednesday, 9 Apr 2014 | 6:57 AM ET

    IRVING, Texas— Hotel operator La Quinta Holdings Inc. has raised approximately $651 million from an initial public offering of its common stock. La Quinta is giving the underwriters a 30- day option to buy up to an additional 5.7 million shares.

  • April 8- The initial public offering of La Quinta Holdings, owned by the Blackstone Group, was priced at $17 per share on Tuesday, valuing the hotel chain at about $2.1 billion. La Quinta's IPO raised $650 million, after its offering of 38.25 million shares was priced below an expected range of $18 to $21 a share.

  • April 8- Blackstone Group LP- owned La Quinta Holdings Inc's initial public offering priced at $17 per share, according to Bloomberg, valuing the hotel chain at about $2.1 billion. La Quinta's IPO raised $650 million, after its offering of 38.25 million shares priced below an expected range of $18 to $21 a share, Bloomberg reported.

  • Lightning Round: Blackstone, Gogo & More Tuesday, 8 Apr 2014 | 6:45 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • April 4- Canadian private equity firm Onex Corp and Canada Pension Plan Investment Board said they would sell industrial conglomerate Gates Corp to private equity firm Blackstone Group LP for $5.4 billion.

  • April 4- Onex Corp and Canada Pension Plan Investment Board said they would sell Gates Corp to private equity firm Blackstone Group LP for $5.4 billion. Gates is a division of Tomkins, which Onex and CPPIB jointly bought in 2010 for about $5 billion. The sale is expected to close later this year, the companies said.

  • Midday movers: GrubHub, Amgen, Disney & more Friday, 4 Apr 2014 | 12:18 PM ET

    Take a look at some of Friday's midday movers:

  • Another way investors can play the US shale boom Thursday, 3 Apr 2014 | 11:51 AM ET

    U.S. energy independence's next phase has arrived—in the form of infrastructure development fueled by billions in private capital.

  • Dubai World hires Blackstone to look at debt options Thursday, 3 Apr 2014 | 12:36 AM ET

    In New York, a Blackstone spokesman confirmed that Dubai World had hired it on a "debt optimisation mandate". The sources were speaking after state-owned Dubai World ended a two-day annual meeting with its creditors this week.

Most Popular Video

Wednesday, 16 Apr 2014 | 12:00 AM ET

GM unveils new models, hopes for strong sales this year After massive recalls, General Motors is pushing forward with new car models unveiled at the 2014 New York International Auto Show. CNBC's Phil LeBeau explains.

Friday, 11 Apr 2014 | 7:23 AM ET

Former Fed Chairman Ben Bernanke challenges Raghuram Rajan, Reserve Bank of India governor on his views about monetary policies, reports CNBC's Michelle Caruso-Cabrera.

Tuesday, 15 Apr 2014 | 5:40 PM ET

Jonathan Geller, BGR president and editor-in-chief, weighs in on the specifications for Amazon's newly announced 3-D smartphone.