Yahoo Finance • 2 months ago

Blackstone’s Credit Arm Is Now Top Business, Fueling Profits

(Bloomberg) -- Blackstone Inc. posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became its biggest business by assets. Most Read from Bloomberg Inside the ‘Utopias’ of Mexico City... Full story

Yahoo Finance • 2 months ago

Will Blackstone (BX) Continue to Create Shareholder Value?

Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The U.S. share market reached record highs in the qu... Full story

Yahoo Finance • 3 months ago

Smartsheet To Be Acquired By Blackstone, Vista In $8.4B Deal: Details

Smartsheet To Be Acquired By Blackstone, Vista In $8.4B Deal: Details Smartsheet Inc. (NYSE:SMAR) shares are trading higher on Tuesday after funds managed by Blackstone Inc. (NYSE:BX) and Vista Equity Partners disclosed they are acquiring... Full story

Yahoo Finance • 4 months ago

Blackstone buys stake in $1.2 billion European logistics fund

LONDON (Reuters) - Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio run by landlord Burstone, the latest push by the U.S. investment manager into warehouses that have boomed alongside the ris... Full story

Yahoo Finance • 4 months ago

Blackstone's (NYSE:BX) five-year earnings growth trails the 28% YoY shareholder returns

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For instance, the price of Bla... Full story

Yahoo Finance • 4 months ago

Blackstone Acquires Majority Stake in Leading Hotel Accounting Software and Services Provider M3

Growth investment made in partnership with Asian American Hotel Owners Association (AAHOA) NEW YORK & ATLANTA, August 15, 2024--(BUSINESS WIRE)--M3, LLC ("M3"), voted the number-one hospitality accounting software in North America, today... Full story

Yahoo Finance • 4 months ago

25 Biggest Financial Firms in the World

In this article, we will discuss the 25 Biggest Financial Firms in the World. You can skip our detailed discussion and see the 5 Biggest Financial Firms in the World. According to the Business Research Company, the market size of the fina... Full story

Yahoo Finance • 5 months ago

2 Magnificent S&P 500 Dividend Stocks to Buy Now and Hold Forever

The S&P 500 includes world-class companies with solid return prospects, but income investors might be dissatisfied with the index's current average yield of 1.3% -- the lowest in over 20 years. Some of the best companies in the index demo... Full story

Yahoo Finance • 5 months ago

Dividend Investors: Don't Be Too Quick To Buy Blackstone Inc. (NYSE:BX) For Its Upcoming Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Blackstone Inc. (NYSE:BX) is about to trade ex-dividend in the next 4 days. The ex-dividend date is usually set to be one business da... Full story

Yahoo Finance • 6 months ago

Insider Sale: Director Joseph Baratta Sells Shares of Blackstone Inc (BX)

On July 3, 2024, Joseph Baratta, Director at Blackstone Inc (NYSE:BX), executed a sale of 116,448 shares of the company. According to the SEC Filing, the transaction was carried out at an undisclosed price. Following this transaction, the... Full story

Yahoo Finance • 6 months ago

Blackstone (NYSE:BX) shareholders have earned a 26% CAGR over the last five years

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of Blackst... Full story

Yahoo Finance • 6 months ago

Japan e-comics platform Infocom to decide on Blackstone takeover offer

TOKYO (Reuters) - Japanese digital comic distributor Infocom will announce its board's decision on a takeover bid from Blackstone once all its disclosure documents are ready, the company said on Tuesday. Infocom was responding to a report... Full story

Yahoo Finance • 7 months ago

Insiders At Blackstone Sold US$11m In Stock, Alluding To Potential Weakness

In the last year, many Blackstone Inc. (NYSE:BX) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When evaluating insider transactions, knowing whether insiders are buying versus if they sell... Full story

Yahoo Finance • 7 months ago

Banks, Private Credit Firms Face Off to Finance PowerSchool Buyout

(Bloomberg) -- Private credit lenders and banks are competing to provide debt financing for a potential buyout of education software provider PowerSchool Holdings Inc., according to people with knowledge of the matter. Most Read from Bloo... Full story

Yahoo Finance • 7 months ago

Update: Blackstone to Take Japan's I'rom Private at 50% Premium

Update: Blackstone to Take Japan's I'rom Private at 50% Premium... Full story

Yahoo Finance • 8 months ago

BlackRock’s Aggressive Hunt for Growth in Saudi Arabia

(Bloomberg Markets) -- What’s worth your time when you’ve already built the world’s largest asset management company? Most Read from Bloomberg US Yields Spike as Hawkish Powell Puts 5% in Play: Markets Wrap China Tells Iran Cooperation W... Full story

Yahoo Finance • 9 months ago

Ares, Blue Owl Lead $4.8 Billion Private Debt for Catalent Deal

(Bloomberg) -- Ares Management Corp. and Blue Owl Capital Inc. are leading a group of private credit lenders providing $4.8 billion of debt financing for the acquisition of pharmaceuticals manufacturer Catalent Inc., according to people wi... Full story

Yahoo Finance • 10 months ago

Blackstone CEO Schwarzman received $896.7 million in pay, dividends in 2023

(Reuters) - Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29% decline from his record take in 2022, according to a regulatory filing on Friday. Schwarzman reaped over $1.26 bill... Full story

Yahoo Finance • 10 months ago

Blackstone CEO Schwarzman received $896.7 mln in pay, dividends in 2023

Feb 23 (Reuters) - Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29% decline from his record take in 2022, according to a regulatory filing on Friday. Schwarzman reaped over $1.... Full story

Yahoo Finance • 10 months ago

Blackstone CEO Schwarzman Collected $896.7 Million Last Year

(Bloomberg) -- Blackstone Inc. Chief Executive Officer Steve Schwarzman took home $896.7 million last year, a 30% drop from a year earlier, yet still one of the biggest annual payouts on record in high finance. Most Read from Bloomberg U... Full story