Blackstone Group

Private equity heavyweight Blackstone Group Inc. (NYSE:BX) is reportedly on the verge of a $2.5 billion agreement to acquire Civica, a U.K.-based software developer. What Happened: The deal with Civica, which includes the software developer’s debt, is in its final stages of negotiation,...

Many stocks were on the move this past week as markets anticipated a Joe Biden victory for the White House but continued Republican control of the Senate. In some cases, the narratives behind the moves were obvious. Likely White House support for renewables pushed up green energy bets like Invesco...

Blackstone Group Inc. (NYSE: BX) President Jon Gray believes that the novel coronavirus (COVID-19) pandemic has brought "actionable opportunities" for the alternative asset management firm, even if its revenue has taken a toll in the short-term. Gray Hopeful Of Long-Term Performance...

Blackstone Group Inc. (NYSE: BX) has offered to take Beijing-based builder SOHO China Ltd. (OTC: SOHOF) private in a $4 billion deal, Reuters reported Tuesday citing sources. What Happened The talks that began in early February value SOHO China at 77 cents per share (HKD $6), about twice the...

Mick McGuire’s activist hedge fund Marcato Capital Management is winding down after its assets shrunk over the past two years due to poor returns, sources told Reuters on Sunday. What Happened Marcato Capital Management, an activist hedge fund supported by Blackstone Group Inc (NYSE: BX) and...

Don't short Shamu. Shares of SeaWorld Entertainment Inc (NYSE: SEAS) will rally as the company executes a five-point turnaround plan, Stifel analyst Steven Wieczynski said in a Tuesday note. SeaWorld bears point to concerns tied to branding, attendance, cost cuts and competitiveness, Wieczynski...

Monday's trading session is most certainly one of the busiest in recent memory following a plethora of large M&A deals. AT&T–Time Warner AT&T Inc. (NYSE: T) announced over the weekend it plans on acquiring Time Warner Inc (NYSE: TWX) for $107 per share in a deal valued at around $...

Shares of Concordia Healthcare Corp (NASDAQ: CXRX) surged higher by 25 percent on Thursday after Bloomberg reported the company is a potential acquisition target. Bloomberg said that Blackstone Group is considering a takeover of Concordia Healthcare and is engaged in talks with the company about a...

Sequential Brands Group Inc (NASDAQ: SQBG) will see its dreams come true for $100 million in annual revenue through its pending acquisition of Martha Stewart Living Omnimedia, Inc. (NYSE: MSO), an analyst said Monday. Wunderlich Reiteration Wunderlich's Eric Beder reaffirmed his Buy rating and $18...

On April 10, Dow 30 stalwart General Electric Company (NYSE: GE), hogged most of the headlines generated from selling the majority of its ~$23.5 billion GE Capital real estate asset portfolio to Blackstone Group LP (NYSE: BX) and Wells Fargo & Co (NYSE: WFC). The biggest winner, though...

On Monday, October 27, five Wall Street investment banking firms initiated coverage of fast growing Vivint Solar Inc (NYSE: VSLR) with a wide range of price targets. Private equity giant The Blackstone Group L.P. (NYSE: BX) sponsored the Vivint Solar IPO, which was priced at $16.00 per share...

Private equity titans like The Blackstone Group L.P. (NYSE: BX), KKR & Co. L.P. (NYSE: KKR), The Carlyle Group LP (NASDAQ: CG) and Apollo Global Management LLC (NYSE: APO) are so large and complex, it can be difficult for average investors to understand how they operate and make money. On...

This weekend in Barron's online: why Samsung Electronics (OTC: SSNLF) looks like a bargain, and the prospects for VF Corp., the Internet of Things, auto suppliers, Blackstone Group and more. Cover Story "Time To Buy Samsung" by Andrew Bary. Samsung Electronics may be the world's cheapest big stock...

There are very few opportunities for investors to support renewable energy, help consumers to reduce utility bills and have a shot at making a handsome return. The Blackstone Group L.P.'s (NYSE: BX) late August announcement of its Vivint Solar IPO may provide investors with that rare...