NYSE:BX - New York Stock Exchange, Inc. - US09260D1072 - Common Stock - Currency: USD
GameStop stock plummeted after the video game seller announced that it intends to sell $1.75 billion worth of convertible bonds.
Blackstone Inc. is considering launching an initial public offering of Spanish casino operator Cirsa Enterprises as soon as the coming weeks, according to people familiar with the matter, as fading volatility has opened a window for companies to go public before the summer lull.
While Dow Jones futures were flat at the time of writing, the S&P 500 futures rose 0.08%.
Blackstone Inc. is planning to invest as much as $500 billion in Europe over the next 10 years, Chief Executive Officer Steve Schwarzman said in an interview to mark the 25th anniversary of the alternative asset manager’s operations in London.
The push to put private assets in the hands of individual investors is breathing new life into a relatively quiet corner of the asset management industry: interval funds.
On Thursday, Morgan Stanley analyst Elizabeth Porter raised the price target on Sprinklr Inc. (NYSE:CXM) to $10 from $8, while maintaining an Equal Weight rating on the shares. Porter noted that Sprinklr’s Q1 2025 report showed progress in the company’s transformation, with operational improvements and a stable near-term outlook. Morgan Stanley is encouraged by the early […]
Blackstone Inc. led a private credit deal of around $1.5 billion to support Baker Tilly’s merger with Moss Adams, according to a person with knowledge of the matter.
Funds managed by Blackstone Inc. have lowered an offer to purchase Warehouse REIT Plc after matters uncovered in due diligence made a previous bid unworkable, according to a statement.
Spanish billionaire Amancio Ortega has acquired a building on Barcelona’s iconic Diagonal avenue for about €250 million ($284 million) from Blackstone Inc.
SoFi Technologies (SOFI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mentions: SOFI
Blackstone Inc. agreed to buy $5 billion of private equity holdings from the New York City pension system, one of the largest sales of its kind.
Does BLK's diversified strategy and ETF momentum give it an edge over BX amid market uncertainty and deal-making challenges? Let's find out.
Mentions: BLK
Virtu Financial (VIRT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mentions: VIRT
Rep. Marjorie Taylor Greene (R-Ga.) has been actively buying stocks in 2025 and is back with more than a dozen more trades less than two weeks after her last disclosure. Here's the latest transactions made by the congresswoman in May. What Happened: ...
We recently published a list of Jim Cramer Reveals “Quiet” Stock That Goes Up In This List Of 12 Stocks. In this article, we are going to take a look at where TXNM Energy, Inc. (NYSE:TXNM) stands against other stocks that Jim Cramer recently discussed. In a recent appearance on CNBC’s Squawk on the Street, […]
We recently published a list of Jim Cramer Reveals “Quiet” Stock That Goes Up In This List Of 12 Stocks. In this article, we are going to take a look at where Blackstone Inc. (NYSE:BX) stands against other stocks that Jim Cramer recently discussed. In a recent appearance on CNBC’s Squawk on the Street, Jim […]
Blackstone Inc. (NYSE:BX) has started the selling process of UK-based Clarion Events to gauge private equity interest after market disruption brought on by former US President Donald Trump’s tariff policies, according to four sources with knowledge of the situation. After purchasing Clarion for £600 million in 2017, the private equity behemoth helped the company withstand […]
A group of private credit firms led by HPS Investment Partners provided more than $3 billion of debt to Consumer Cellular Inc. to refinance its broadly syndicated loans and pay a dividend to its private equity owner GTCR, according to people with knowledge of the matter.
Mentions: 125300Z.CA
NEW YORK (Reuters) -Blackstone Infrastructure's plans for data centers in New Mexico will be a deciding factor in whether stakeholders challenge the private equity group's $11.5-billion proposed acquisition of electric company TXNM Energy, the group that blocked TXNM's previous merger plan told Reuters this week. TXNM, which is a holding company for regulated utilities, including PNM in New Mexico, announced its sale agreement with Blackstone on Monday in the latest of several recent U.S. power industry deals propelled by rising electricity demand from Big Tech's AI data centers. The agreement will require the approval of state regulators, with input from PNM stakeholders, including the New Mexico Department of Justice, consumer advocates and clean power groups such as New Energy Economy.
Blackstone Inc. and CVC Capital Partners are no longer part of a private equity group that had won preliminary approval to invest in NFL teams, according to people familiar with the matter.
Mentions: CG
LONDON/FRANKFURT (Reuters) -Blackstone has kicked off the sale of Clarion Events, four people familiar with the matter said, in a test of demand for takeovers after weeks of market turmoil stymied dealmaking. Blackstone bought Clarion, which runs international trade shows in electronics, gaming, energy, security and defence, in 2017 for 600 million pounds ($802 million) and supported it through the COVID pandemic, when the events industry came to a sudden halt, hammering the company's revenue and earnings. The U.S.-based private equity fund distributed information memoranda earlier this month and has drawn interest from funds including CVC, KKR, PAI Partners and Ardian, the four people said, speaking on condition of anonymity.
The acquisition provides significant capital to support TXNM's subsidiaries, PNM and TNMP.
On May 16, Barclays analyst Saket Kalia praised Adobe Inc.’s (NASDAQ:ADBE) new pricing tiers for its Creative Cloud offerings. He believes that such pricing prudence should improve Adobe’s future growth. As per his analysis, the Pro tier represents a 17%-18% price increase for this offering, and on the other hand, the Standard tier offers an […]
On May 19, Blackstone Inc.’s (NYSE:BX) infrastructure unit announced the acquisition of utility company TXNM Energy Inc. (NYSE:TXNM). Blackstone has agreed to pay $61.25 per share (a 23% premium) in cash, which implies a total enterprise value of $11.5 billion. TXNM Energy operates two electric utilities in New Mexico and Texas through its subsidiaries PNM […]
On May 16, Argus Research analyst Kristina Ruggeri pointed to Union Pacific Corp.’s (NYSE:UNP) recent underperformance as a buying opportunity. The analyst based his positive view on the company’s ability to maintain a healthy operating margin despite macro pressures. He attributed this solid performance to higher volumes, productivity gains, and better value-based pricing. Additionally, the […]
Advanced Micro Devices (AMD) agreed to sell ZT Systems' data center infrastructure manufacturing bus