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Blackstone Group LP

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  • Lehman Survives Another Round of Sale Rumors Tuesday, 1 Jul 2008 | 8:26 AM ET

    Lehman Brothers has fought off yet another spate of rumors about its condition, the latest being the investment bank was set for a fire sale similar to the one that hit Bear Stearns.

  • For the week ending Friday, June 20, 2008, the markets dropped on disappointing earnings results from the financial sector, and a continued spike in crude oil prices added to investors' concerns over inflation. The Dow closed below 12000 on Friday for the first time since Mid-March.

  • Market Hears More Earnings Warnings Thursday, 19 Jun 2008 | 9:35 AM ET

    We are smack in the middle of earnings warnings season, and it has not been a pleasant experience. Yesterday, after several companies warned, we saw an expansion of new lows at the NYSE. Most large financials, most pharmaceuticals, airlines, and most autos are at or near multiyear lows.

  • China Invests in New TPG Fund : FT Tuesday, 10 Jun 2008 | 10:52 PM ET

    The State Administration of Foreign Exchange, an arm of China's central bank, has agreed to invest more than $2.5 billion in the latest fund being set up by U.S. private equity firm TPG Capital, the Financial Times reported on Wednesday.

  • Bob Doll Sees Credit Crisis Lasting 2 to 4 Years Monday, 9 Jun 2008 | 7:19 AM ET
    BlackRock's headquarters in New York.

    Fund manager BlackRock  expects the global credit crisis to last another two to four years as a weakening U.S. economy triggers more write-down by banks, its chief investment officer for equities said on Monday.

  • Stocks Higher for Week But Mixed for Month Friday, 30 May 2008 | 2:28 PM ET

    Stocks closed higher, led by technology shares, ending the a holiday-shortened week in the positive.

  • Dell Boosts Tech, But Oil Weighs on Dow Friday, 30 May 2008 | 11:35 AM ET

    Stocks moved higher on positive earnings in technology and a report that inflation appeared to be moderating.

  • Futures Move Higher as Economy Holds Line Friday, 30 May 2008 | 9:05 AM ET

    Stocks were set for a positive open, as Dell boosted tech futures and the market awaited numers that would help clear up the inflation picture.

  • NBC Universal, Blackstone Bid for Weather Channel Friday, 30 May 2008 | 4:34 AM ET

    A consortium including NBC Universal and Blackstone Group bidding for the Weather Channel is offering about $1.8 billion in equity for their bid, or roughly half the total offer, a source familiar with the matter said.

  • Home is Where The Hurt Is Tuesday, 27 May 2008 | 7:04 PM ET

    In Tuesday’s Web Extra find out how to play the steep decline in home prices. Also could this be a summer of private equity deal making?

  • Blackstone, Apollo Mull Buying Chemtura Tuesday, 27 May 2008 | 8:45 AM ET

    Private equity firms Apollo Management and Blackstone Group are weighing the purchase of chemicals company Chemtura, but discussions are at an early stage, a source familiar with the situation said Tuesday.

  • UBS Finances 75% of Sale of its Distressed Assets Wednesday, 21 May 2008 | 2:56 AM ET
    UBS

    UBS financed 75 percent of the funding used by U.S. asset manager Blackrock to buy a $15 billion portfolio of distressed U.S. real estate assets from UBS, the bank said on Wednesday.

  • Stocks Rally to the Finish Line; Techs Lead Thursday, 15 May 2008 | 4:38 PM ET

    Stocks rallied for a second day Thursday as traders found cause for optimism and technology stocks blazed the trail.

  • Techs Lead Stocks Higher; Oil Recedes Thursday, 15 May 2008 | 2:42 PM ET

    Stocks bounced back from a weak open after a better-than-expected report on manufacturing.

  • Stocks Tick Higher; Yahoo, CNET Jump Thursday, 15 May 2008 | 11:17 AM ET

    Stocks bounced back from a weak open after a better-than-expected report on manufacturing.

  • Market Insider/Thursday Look Ahead Wednesday, 14 May 2008 | 7:33 PM ET

    Wall Street's bulls are still running but they are no thundering herd heading into Thursday's market, which promises to be ruled by the economic data du jour, and the rise and fall of the price of a barrel of oil.

  • Big Investors See Recession, Wall Street Depression Wednesday, 30 Apr 2008 | 10:09 AM ET

    The U.S. economy may be in a funk, but that's nothing compared with the pall hanging over Wall Street.

  • Short-Seller Charged with Lying about ADS Acquisition Thursday, 24 Apr 2008 | 11:50 AM ET

    U.S. securities regulators said on Thursday they filed a settled complaint against a Wall Street trader accused of intentionally spreading false rumors about the planned acquisition of Alliance Data Systems while selling the stock short.

  • Alliance Data Terminates Sale to Blackstone Saturday, 19 Apr 2008 | 12:36 PM ET

    Alliance Data Systems said Friday it terminated a $6.76 billion sale to Blackstone Group affiliates and has sued to win a $170 million business interruption payment.

  • Investor Sues Blackstone for Lack of Transparency Wednesday, 16 Apr 2008 | 3:26 AM ET

    An investor in Blackstone Group sued the private equity and real estate firm Tuesday, contending it violated federal securities laws through statements made in its initial public offering documents, according to the law firm that brought the case.