5:08pm ET
Investing
Blackstone (BX) To Buy Hilton (HLT)
Blackstone (BX) has agreed to buy Hilton Hotels (HLT) for $47.50 a share, a premium of about 40% of where the stock traded two days ago. The total purchase price is over…
BX Coverage Page 29
4:26am ET
Investing
Countries Vie For Biggest Buy-Out Title
Over the last two days, BCE (BCE) the largest phone company in Canada, was purchased by the investment arm of Ontario Teachers’ Pension Plan and several private equity firms. The price was…
3:17pm ET
Investing
Blackstone (BX) Leads The 52-Week Low Club
Blackstone (BX) Investors still worry about slowing private equity and tax issues. Shares fall to $28.75 from post-IPO high of $38. American Home Mtg (AHM) Forecasts second quarter loss on delinquent mortagages.…
3:06pm ET
Investing
Blackstone (BX) Joins The 52-Week Low Club
Blackstone (BX) It did just go public, but it should be doing better than this. $30.32, down from $38. W Hldg (WHI) Bank holding company says one of its asset-backed loans is…
9:30am ET
Banking, finance, and taxes
Will Blackstone Remain a Busted Deal? (BX)
Blackstone Group LP (BX-NYSE) is only enjoying its third day as a public private equity entity. Shares, well units, were trading north of $35.00 on most of Friday; and that compared to…
7:18am ET
Investing
Pre-Market Stock News (June 25, 2007)
(AAPL) Apple’s iTunes passed Amazon.com in music sales to become #3 music seller behind Best Buy and Wal-Mart.(AFOP) Alliance Fiber Optics raised Q2 sales guidance.(AGN) Allergan trades ex-split to reflect a 2-1…
2:28pm ET
Banking, finance, and taxes
Barron’s Blackstone IPO Cover Story: Crystal Ball or Tabloid? (BX, GOOG, GS, AAPL)
It’s no shock that Barron’s decided to make its cover story that of the Stephen Schwarzman picture from the Blackstone Group (BX-NYSE) IPO that closed on Friday. The article upfront points to…
4:16pm ET
Investing
This Week’s Top Active Stock News Stories (June 22, 2007)
Stock Tickers: WB, GE, SMH, TYC, BRK/A, BX, SBUX, KFT, SIRI, XMSR, CAKE, BAM Most stories come out, affect a stock or a sector, and then cease to matter. We have numerous…
4:59pm ET
Banking, finance, and taxes
Blackstone Group IPO…Prices After All (BX)
After all the hemming and hawing, and all the publicity and tabloid-esque coverage of the deal…..It’s finally happened. The Blackstone Group, L.P. sent out a news bulletin after today’s close with the…
Douglas A. McIntyre 9:32am ET
Banking, finance, and taxes
Blackstone Expedites IPO Date (BX)
Blackstone Group LP (BX-NYSE) is now expecting to price its IPO on this Thursday evening for a Friday trade date, one week earlier than originally planned. The company has apparently ended the…
3:31pm ET
Investing
This Week’s Top Ongoing News (June 15, 2007)
Stock Tickers: YHOO, EBAY, AMZN, S, F, MOT, BIDU, SSW, FMCN, BA, NVO, CLWR, SIRI, XMSR, INTC, ADBE, INTC, BX The real big news this week was the stock market itself. A…
10:14am ET
Banking, finance, and taxes
Blackstone IPO Terms Set
The Blackstone Group L.P. has set its IPO terms for its 133,333,334 million limited partnership units in an initial range of $29.00 to $31.00 per unit. These are units rather than ‘shares’…