Blackstone Inc

NYSE: BX
$124.31
+$2.22 (+1.8%)
Closing price April 23, 2024
Blackstone Inc. stands as a global leader in alternative asset management, with a diverse portfolio that includes real estate, private equity, and hedge funds, among others. Founded in 1985 and headquartered in New York, the company focuses on a wide array of investments from early-stage companies to complex financial products. Blackstone is known for its strategic investments in various sectors such as real estate, where it targets both opportunistic and income-oriented deals, and corporate private equity, exploring large buyouts and growth equity projects worldwide. Additionally, it offers specialized hedge fund and credit services, catering to a broad investor base.

$100 Billion Worth of Merger Rumors to Ponder Over the Weekend
The stock market doesn’t seem to care what day of the week that rumors turn into stock moves, but Fridays are often a very ripe time for good old-fashioned buyout rumors. The market lingo has...
Jon C. Ogg
Published:

Top Analyst Upgrades and Downgrades: AGNC, Annaly, Arbutus, Blackstone, Chevron, Enphase, Exxon, GM, Intel, Tesla, Skyworks and More
Friday's top analyst upgrades and downgrades included AGNC Investment, Annaly Capital Management, Arbutus Biopharma, Blackstone, Chevron, Enphase Energy, Exxon Mobil, General Motors, Intel, Tesla and...
Jon C. Ogg
Published:

eBay on the Verge of Classified Ad Unit Sale
Online marketplace eBay is reportedly near an agreement to shed its classified ad business. The expected buyer is Norway's Adevinta, Europe's largest online classified ad seller.
Paul Ausick
Published:

Top Analyst Upgrades and Downgrades: Ally, Apple, Blackstone, Boeing, CommScope, Facebook, Redfin, SolarEdge, Splunk, Union Pacific and More
Thursday's top analyst upgrades and downgrades included Ally Financial, Apple, Blackstone, Boeing, CommScope, Facebook, Redfin, SolarEdge Technologies, Splunk and Union Pacific.
Jon C. Ogg
Published:

Jefferies Makes Incredibly Large Changes to Its Franchise Picks List
With the potential for continued economic and political volatility, now is probably a good time for a little spring cleaning to portfolios. Here are six new additions to the Jefferies Franchise Picks...
Lee Jackson
Published:

Top Analyst Upgrades and Downgrades: Amazon, American Air, Amex, Beyond Meat, Caterpillar, Clorox, eBay, Gilead, Twitter, Verizon, Wayfair and More
Monday's top analyst upgrades and downgrades included Amazon.com, American Airlines, American Express, Beyond Meat, Caterpillar, Clorox, eBay, Gilead Sciences, Twitter, Verizon Communications and...
Jon C. Ogg
Published:

Fee Revenue Boosts Blackstone Q1 Results
Asset manager Blackstone Group reported earnings Thursday morning that were slightly below the consensus estimate. The company also reported a strong cash position as it navigates the COVID-19...
Paul Ausick
Published:

How the Fed May Have Saved the Casino Industry
Banks that supplied cash for two major casino deals have now found a buyer for their loans. The Federal Reserve has stepped up Monday.
Paul Ausick
Published:

MGM Continues Property Sales With $2.5 Billion Agreement
MGM Resorts is selling its MGM Grand Las Vegas real estate assets to a new joint venture between MGM's own real estate arm and an affiliate of Blackstone for around $2.5 billion.
Paul Ausick
Published:

Top Analyst Upgrades and Downgrades: Applied Materials, Barrick Gold, Best Buy, Blackstone, Boeing, Cisco, J&J, KKR, McDonald's, Micron, Occidental, RealReal, Splunk and More
Thursday's top analyst upgrades, downgrades and initiations included Applied Materials, Barrick Gold, Best Buy, Blackstone, Boeing, Cisco Systems, Johnson & Johnson, KKR, McDonald's, Micron...
Jon C. Ogg
Published:

Energy Pipeline Firm Takes $4 Billion Private Equity Buyout
Energy pipeline operator Tallgrass Energy Partners has agreed to be acquired by affiliates of Blackstone for about $4 billion in cash.
Paul Ausick
Published:

Match Group Faces Even More Competition in Online Dating
Blackstone is looking to get out there after acquiring a majority stake in MagicLab, which runs the online dating apps Bumble and Badoo.
Chris Lange
Published:

Top Analyst Upgrades and Downgrades: Amazon, Avis, Blackstone, Illumina, Intel, Kinder Morgan, 3M, Nvidia, Tesla, Twitter, Uber, Visa and More
Friday's top analyst upgrades, downgrades and other rating changes included Amazon.com, Avis, Blackstone, Illumina, Intel, Kinder Morgan, 3M, Nvidia, Tesla, Twitter, Uber Technologies and Visa.
Jon C. Ogg
Published:

MGM Hits $5 Billion Jackpot From Vegas Casino Sales; More to Come?
Casino owner/operator MGM Resorts has shed two of its Las Vegas properties for about $5 billion. More asset sales could follow.
Paul Ausick
Published:

Top Analyst Upgrades and Downgrades: Arconic, Beyond Meat, Blackstone, Bloom Energy, Datadog, Delta, Netflix, Ping, Xilinx and More
Monday's top analyst upgrades, downgrades and initiations included Arconic, Beyond Meat, Blackstone, Bloom Energy, Datadog, Delta Air Lines, Netflix, Ping and Xilinx.
Jon C. Ogg
Published: