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Blackstone Group LP

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  • Why activist investing is not a fad: Meister Monday, 13 Apr 2015 | 1:48 PM ET
    Keith Meister, CEO of Corvex Capital.

    Activism will change over time, but the general idea of investors expressing ideas and helping to create value is not a fad, Keith Meister tells CNBC.

  • Blackstone's real estate play, by the numbers Monday, 13 Apr 2015 | 12:03 PM ET

    Blackstone Group's planned $2 billion purchase of GE's Excel Trust shows the firm's reliance on real estate investments.

  • This is the next thing that could rock stocks Monday, 13 Apr 2015 | 6:00 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Earnings season may not give investors that warm and fuzzy feeling this quarter.

  • NYC mayor eyes 'moneyed interests' as new allies Saturday, 11 Apr 2015 | 4:37 PM ET
    Bill de Blasio

    More than a year after taking office, NYC's mayor is engaged in courting he city’s most powerful private sector executives.

  • April 10- It took Blackstone Group LP less than four weeks after an approach from General Electric Co to clinch the biggest real estate deal since the financial crisis. As part of a wider restructuring, GE announced on Friday it would sell most of the assets of its GE Capital Real Estate unit to Blackstone and Wells Fargo& Co for about $23 billion.

  • Your first trade for Monday Friday, 10 Apr 2015 | 5:45 PM ET

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

  • This is the next thing that could rock stocks Friday, 10 Apr 2015 | 4:42 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Earnings season may not give investors that warm and fuzzy feeling this quarter.

  • GE shares jumped 7.5 percent on Friday after the company outlined plans for substantially shrinking its GE Capital unit. The plan includes a buyback of up to $50 billion in GE shares, the sale of about $30 billion in real estate assets over the next two years and the disposal of more GE Capital operations. The repurchase program, which will be partly funded by $35...

  • *GE set for $50 bln buyback plan; most active on NYSE. General Electric jumped 7.6 percent to $27.69 as the most active stock on the New York Stock Exchange, with more than 236 million shares changing hands. GE will sell the bulk of its $30 billion real estate portfolio over the next two years as it returns to its industrial roots, with Blackstone and Wells Fargo...

  • The other blockbuster Blackstone deal today is... Friday, 10 Apr 2015 | 9:44 AM ET

    Real estate investment trust Excel Trust said it would be bought by Blackstone Property Partners, part of Blackstone Group, for about $2 billion.

  • General Electric jumped about 7 percent in premarket trading and about 27 million shares exchanged hands, the most active stock on the New York Stock Exchange, after the company said there was potential to return more than $90 billion to investors through 2018.. "I expect buybacks to continue because a lot of major stocks, including Apple, are undervalued," Adam...

  • GE unveils massive financial unit restructuring Friday, 10 Apr 2015 | 8:03 AM ET
    Jeffrey Immelt, chairman and chief executive officer of General Electric Co.

    GE will sell most of the assets of GE Capital over the next two years, including an immediate real estate sale worth $26 billion.

  • April 10- General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo& Co for $26.5 billion, in the biggest commercial real estate deal since 2007.. The stock rose nearly 2 percent on Thursday after the Wall Street Journal first reported that the company was close to selling its real estate...

  • Jack Welch: GE reorg 'looks like a smart move' Friday, 10 Apr 2015 | 7:07 AM ET
    Jack Welch

    Larry Bossidy, who spent decades as an executive at General Electric, and the analyst community on Wall Street generally agreed.

  • April 10- General Electric Co said it would sell nearly all of its real estate portfolio to investors including Blackstone Group and Wells Fargo& Co for $26.5 billion. The company also said its board had authorized a share repurchase program of up to $50 billion. The deal is the biggest commercial real estate deal since Blackstone's acquisition of office...

  • *GE's real estate assets worth $30 bln. *Buyers led by Blackstone, Wells Fargo- source. April 9- General Electric Co is nearing a deal to sell practically all of its $30 billion real estate assets to a consortium led by Blackstone Group and Wells Fargo& Co, according to a person familiar with the matter.

  • April 9- General Electric Co is nearing a deal to sell substantially all of its $30 billion real estate assets to a consortium led by Blackstone Group and Wells Fargo& Co, according to a person familiar with the matter. Blackstone said in November it would buy GE's property unit in Japan in a deal worth more than $1.6 billion. GE shares were up 1.1 percent at $25.28 in...

  • April 9- General Electric Co is close to selling part or all of its real estate holdings, the Wall Street Journal reported, citing people familiar with the matter. GE is in talks with Blackstone Group LP and Wells Fargo& Co for various parts of the portfolio and a deal could be announced soon, the Journal cited the people as saying. GE's real estate portfolio holds...

  • Why Blackstone's Hilton stake could be in play Wednesday, 8 Apr 2015 | 4:03 PM ET
    Guests stand outside of a Hilton hotel in San Francisco, Feb. 16, 2015.

    Analysts are refusing to rule out that a Chinese consortium might buy Blackstone's controlling 55 percent stake in Hilton Worldwide.

  • Top trades to go before the closing bell Wednesday, 8 Apr 2015 | 2:08 PM ET

    The "Halftime Report" traders give their trades for the second half.