GO
Loading...

Enter multiple symbols separated by commas

Blackstone Group LP

More

  • *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.

  • DUBAI, April 8- Apollo Global Management is in talks to expand its business into the Middle East for the first time through a joint venture with a local investment firm, three sources aware of the matter told Reuters on Wednesday. It is the world's third-largest alternative asset manager after Blackstone Group and Carlyle Group, and has offices in eight...

  • NEW YORK, April 8- U.S. stocks were set to open little changed on Wednesday, with traders eyeing a $70 billion mega-deal in the energy space and ahead of minutes from the most recent meeting of the Federal Reserve's policy-setting committee. *Royal Dutch Shell said it would buy rival BG Group for $70 billion, closing the gap on market leader U.S.

  • US STOCKS-Futures flat ahead of Fed minutes; M&A eyed Wednesday, 8 Apr 2015 | 7:48 AM ET

    NEW YORK, April 8- U.S. stock index futures were little changed on Wednesday, with traders eyeing a $70 billion mega-deal in the energy space and ahead of minutes from the most recent meeting of the Federal Reserve's policy-setting committee. *Royal Dutch Shell said it would buy rival BG Group for $70 billion, closing the gap on market leader U.S.

  • April 7- Private equity firms Blackstone Group LP and Corsair Capital are in talks to acquire a major stake in First Eagle Investment Management, valuing the company at around $4 billion, including debt, according to people familiar with the matter. The negotiations with First Eagle's owner, buyout firm TA Associates, are expected to continue for weeks and a deal...

  • These young financiers trying to change the world Monday, 6 Apr 2015 | 1:39 PM ET
    Sean Klimczak, senior managing director for private equity firm Blackstone Group, is shown on the floor of the New York Stock Exchange where the 2015 class of the World Economic Forum’s Young Global Leaders rang the opening bell, March 27th, 2015.

    The World Economic Forum has named its "Young Global Leaders"--including many financial types--and expect them to be forces for global good.

  • April 2- Global investment banking fees fell 8 percent to $20 billion in the first quarter, the poorest start to the year since 2012, hurt by weak deal activity in Europe, Asia Pacific and Japan. Fees for deals done fell 28 percent in Japan, 14 percent in Europe and 18 percent in Asia Pacific, according to data compiled by Thomson Reuters and Freeman Consulting.

  • Let's not make a deal? Private equity cools Thursday, 2 Apr 2015 | 10:29 AM ET
    Kraft and Heinz products are shown in Chicago, March 25, 2015.

    PE funds are changing the way they invest as valuations rise to keep the cash flowing.

  • The company, which was acquired in a $7.2 billion deal in 2011 by a team of investors led by KKR& Co, had a total debt of about $3.9 billion as of Dec. 31. The company had earlier hired restructuring advisers Kirkland& Ellis LLP and Blackstone Group LP, according to a person familiar with the matter. The Tulsa, Oklahoma- based company, which had about $23.8 million in cash...