BLACKSTONE INC (BX) Stock News
NYSE:BX - New York Stock Exchange, Inc. - US09260D1072 - Common Stock - Currency: USD
BX Latest News, Press Relases and Analysis
If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today
Wall Street Has a Hot Way to Sell Private Assets to the Masses
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.
Morgan Stanley Raises Sprinklr (CXM) PT to $10, Maintains Equal Weight Rating
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 […]
VanEck Launches GPZ ETF To Tap Into Private Market Boom
The VanEck Alternative Asset Manager ETF (GPZ) offers investors a new opportunity to access the private market boom.
Blackstone Leads $1.5 Billion Financing for Baker Tilly Merger
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.
Blackstone Lowers Offer for Warehouse REIT, Extends Deadline
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.
Zara’s Ortega Buys €250 Million Blackstone Building in Barcelona
Spanish billionaire Amancio Ortega has acquired a building on Barcelona’s iconic Diagonal avenue for about €250 million ($284 million) from Blackstone Inc.
Why Is SoFi Technologies (SOFI) Up 6.5% Since Last Earnings Report?
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 Buys $5 Billion in PE Stakes From New York Pensions
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.
BlackRock vs. Blackstone: Which Asset Management Giant Has the Edge?
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) Up 6.3% Since Last Earnings Report: Can It Continue?
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
Marjorie Taylor Greene Goes Shopping For Tesla, Netflix, UnitedHealth And More: 19 Stocks The Congresswoman Bought
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: ...
TXNM Energy, Inc. (NYSE:TXNM)’s Acquisition By Blackstone Is “Great,” Says Jim Cramer
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, […]
Blackstone Inc. (NYSE:BX) “Has A Lot Of Data Centers,” Says Jim Cramer
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 Begins Sale of Clarion Events While the Market Recovers
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 […]
HPS Leads Over $3 Billion of Private Debt for Consumer Cellular
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
Group that blocked New Mexico utility merger eyes data centers in Blackstone deal
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, CVC Split From Group Set to Invest in NFL Teams
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
Blackstone launches Clarion sale as markets stabilise, sources say
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.
Blackstone to acquire TXNM Energy for $11.5bn
The acquisition provides significant capital to support TXNM's subsidiaries, PNM and TNMP.
Barclays Calls Adobe’s (ADBE) New Pricing Plan Supportive to Future Growth
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 […]
Blackstone (BX) Acquires TXNM Energy For $11.5 Billion
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 […]
Argus Sees Union Pacific (UNP) As A Compelling Opportunity
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 […]
AMD Strikes Deal to Sell ZT Systems' Manufacturing Business to Sanmina
Advanced Micro Devices (AMD) agreed to sell ZT Systems' data center infrastructure manufacturing bus
TXNM Energy to be Acquired by Blackstone Infrastructure in $11.5 Billion Deal
TXNM Energy (TXNM) on Monday agreed to be acquired by Blackstone's (BX) infrastructure arm in a deal
Blackstone Infrastructure To Acquire TXNM Energy In $11.5B Deal
Following the transaction, TXNM Energy, PNM, and TNMP will remain locally managed and operated with headquarters in New Mexico and Texas.
Moody's Downgrades US Credit Ratings on Rising Debt; Changes Outlook to Stable
Moody's downgraded the US government's credit ratings amid rising debt and fiscal deficits, but revi
Blackstone bets on soaring power demand with $11.5 billion TXNM Energy deal
(Reuters) -Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy sources. Shares of TXNM rose as much as 8.3% to $57.29, an all-time high, as the all-cash deal from Blackstone valued the New Mexico-based utility at $61.25 per share, representing about 15% premium to the stock's last close, according to LSEG data. Utility NRG Energy said last week it would acquire some power generation assets from energy infrastructure investment firm LS Power in a deal valued at $12 billion.
Co-founder says eToro IPO is a testament to market recovery as it aims to become a go-to investment app
Co-founder and CEO of eToro, Yoni Assia, is coming fresh off of a successful IPO.