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Blackstone Group LP (BX.N)

BX.N on New York Stock Exchange

34.84USD
26 Jul 2017
Change (% chg)

$0.29 (+0.84%)
Prev Close
$34.55
Open
$34.70
Day's High
$34.95
Day's Low
$34.57
Volume
148,322
Avg. Vol
928,949
52-wk High
$35.09
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Latest Key Developments (Source: Significant Developments)

Blackstone Mortgage Trust qtrly EPS $0.53
Tuesday, 25 Jul 2017 04:16pm EDT 

July 25 (Reuters) - Blackstone Mortgage Trust Inc ::Blackstone Mortgage Trust reports second quarter 2017 results.Qtrly gaap earnings per share $0.53.Qtrly core earnings per share $0.60.Qtrly book value of $26.38 per share, up $0.10 from prior quarter.Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.  Full Article

Global Sources announces shareholders' approval of bye-laws amendment
Monday, 24 Jul 2017 06:00am EDT 

July 24 (Reuters) - Global Sources Ltd :Global Sources announces shareholders' approval of bye-laws amendment and acquisition by funds affiliated with Blackstone.Co, funds affiliated with Blackstone expect to complete acquisition as soon as practicable.Global Sources - acquisition proposal received an affirmative vote of approximately 89.83% of votes entitled to be cast by shareholders of co.  Full Article

Paysafe says received takeover proposal from funds managed by Blackstone and CVC Capital
Friday, 21 Jul 2017 02:01am EDT 

July 21 (Reuters) - Paysafe Group Plc ::Paysafe Group statement regarding possible offer.Paysafe Group Plc says that it has received a preliminary, conditional proposal from funds managed by Blackstone and funds managed by CVC Capital partners.under terms of possible offer, ordinary shareholders of paysafe would receive 590 pence in cash per ordinary share in paysafe.consortium indicated financing requirements to be funded in part with proceeds of disposal of business consortium considers to be non-core.  Full Article

Blackstone Group LP - Qtrly net income per common unit $0.51
Thursday, 20 Jul 2017 07:40am EDT 

July 20 (Reuters) - Blackstone Group LP :Blackstone Group LP - Qtrly net income per common unit $0.51.Blackstone Group LP - Distributable earnings was $781 million ($0.63/unit) in the quarter, up 58% year-over-year.Blackstone Group LP - ‍​ Economic net income was $705 million ($0.59/unit) in the quarter, up 36% year-over-year.Blackstone Group LP - Inflows were $12.1 billion in the quarter, bringing the last twelve months inflows to $57.4 billion.Blackstone Group LP - Qtrly total revenues $1.55 billion versus $1.19 billion.Blackstone Group LP - ‍​ Total assets under management (“AUM”) grew to $371.1 billion at quarter-end, up 4 percent.Blackstone Group LP - declared a quarterly distribution of $0.54 per common unit.Q2 earnings per share view $0.62, revenue view $1.53 billion -- Thomson Reuters I/B/E/S.  Full Article

Hilton Grand Vacations, Blackstone form joint venture to purchase Elara
Wednesday, 19 Jul 2017 04:17pm EDT 

July 19 (Reuters) - Hilton Grand Vacations Inc :Hilton Grand Vacations and Blackstone form joint venture to purchase Elara, one of the world’s largest timeshare resorts.Hilton Grand Vacations Inc - ‍acquisition expected to be accretive in 2017 to total adjusted EBITDA and EPS​.Hilton Grand Vacations Inc - deal for ‍approximately $40 million​.Hilton Grand Vacations Inc - transaction is expected to be funded by existing cash on hgv's balance sheet.Hilton Grand Vacations - ‍in addition to ownership stake, HGV will continue to market, sell and manage elara under existing fee-for-service agreements​.Hilton Grand Vacations Inc - ‍HGV will assume a 25 percent stake in joint venture.  Full Article

Celanese Corp announces $1.5 bln share repurchase authorization
Monday, 17 Jul 2017 08:08pm EDT 

July 17 (Reuters) - Celanese Corp :Celanese Corporation announces new $1.5 billion share repurchase authorization.New share repurchase authorization represents approximately 11 percent of company's shares outstanding.Timing of buybacks will be partially based on closing of recently announced proposed tow joint venture with Blackstone.Has deployed $300 million in the first half of 2017 and is on pace to meet $500 million share buyback commitment for 2017.  Full Article

GE to provide digitally-enabled HA power plant and services for Mexico's Tierra Mojada project‍​
Wednesday, 12 Jul 2017 01:33pm EDT 

July 12 (Reuters) - General Electric Co ::GE to provide digitally-enabled HA power plant and services for Mexico's Tierra Mojada project‍​.Tierra Mojada combined-cycle gas-fired power plant is to be completed in December 2019.Will also provide services to maintain the gas turbine, steam turbine and generators under a multi-year service agreement.Tierra Mojada combined-cycle gas-fired power plant is expected to generate 875 megawatts (MW) of electricity.  Full Article

Blackstone to acquire International Market Centers Inc.
Thursday, 6 Jul 2017 12:00pm EDT 

July 6 (Reuters) - Blackstone Group LP :Blackstone to acquire International Market Centers Inc..Financial terms of transaction were not disclosed​.Agreement to acquire International Market Centers, from Bain Capital Private Equity and funds managed by Oaktree Capital Management.  Full Article

Fisterra Energy achieves financial closing of Tierra Mojada power plant
Friday, 23 Jun 2017 01:46pm EDT 

June 23 (Reuters) - Fisterra Energy::Blackstone Energy Partners and Fisterra Energy achieved financial closing of Tierra Mojada power plant in Guadalajara, Mexico.‍Tierra Mojada financed with about $600 million of construction facilities and letters of credit provided by six banks​‍​.Tierra Mojada is a greenfield CCGT power plant that will sell exclusively into new wholesale electricity market in Mexico.Project is expected to finalize construction by December 31, 2019.  Full Article

Hilton announces secondary offering of 15,000,000 shares of common stock
Wednesday, 7 Jun 2017 04:51pm EDT 

June 7 (Reuters) - Hilton Worldwide Holdings Inc : :Hilton announces secondary offering of 15,000,000 shares of common stock.Hilton Worldwide - ‍certain selling stockholders affiliated with blackstone group commenced secondary offering of 15 mln shares of Hilton common stock.  Full Article

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Blackstone in talks to buy 40 pct of Israel cyber firm NSO -report

TEL AVIV Blackstone Group is in advanced talks to pay $400 million for 40 percent of privately held Israeli firm NSO Group, a maker of spyware for mobile devices, Israel's Calcalist business newspaper reported on Sunday.