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Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index and th

Financial stocks were softer in Thursday afternoon trading, with the NYSE Financial Index and the St

Financial stocks were edging higher pre-bell Thursday, with the State Street Financial Select Sector

IFS vs. BX: Which Stock Is the Better Value Option?

Financial stocks were edging higher premarket Tuesday, with the State Street Financial Select Sector

Blackstone is arranging a secondary sale for investors in an $11B real estate fund as redemption pressure tests open-ended vehicles.

Your screener shows Blackstone yielding over 4%, but the actual check that lands in your account follows a completely different logic than that number suggests, and confusing the two has burned plenty of income investors.

Blackstone (BX) is back in focus after reports that Brookfield Corporation is in advanced talks to buy PGP Glass for about $1.3b to $1.5b, a deal that could potentially give Blackstone a full exit from the investment. Recent price action shows that momentum around Blackstone has cooled. The stock is down 13.87% based on the 30-day share price return, and year to date the share price return has declined 21.31%. The 1-year total shareholder return is down 30.70%, compared with a 23.64% total...

Financial stocks were mixed in late Friday afternoon trading, with the NYSE Financial Index declinin

Financial stocks were mixed in late Thursday afternoon trading, with the NYSE Financial Index rising

Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising

Blackstone (BX) and Alphabet's (GOOG, GOOGL) cloud venture, Crux AI, is set to receive $22 billion i

A syndicate of major banks has arranged $22 billion in debt to fund specialized AI processors for Blackstone and Alphabet’s joint venture named Crux AI.

While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.

A private equity firm and New Mexico’s largest electric utility have set out to sweeten their proposed merger deal, more than doubling customers’ potential rate credits. Blackstone and TXNM Energy on Tuesday filed a request to the New Mexico Public Regulation Commission to revise their merger application to reflect the rate credit hike and several other new commitments. The changes would ...

Public Service Company of New Mexico, the state’s largest utility, and Blackstone Infrastructure, the company looking to purchase PNM, more than doubled the amount of rate credits they will provide to ratepayers if the deal closes. The proposed $11.5 billion merger between the state’s largest electric utility and a unit of one of the world’s largest private equity firms, Blackstone Inc., faced ...

Blackstone (NYSE:BX) CFO Michael Chae said the firm sees a constructive backdrop for corporate profits, investment deployment and fundraising, citing accelerating earnings growth, expanding margins and demand for capital across infrastructure, private credit and private wealth markets. Speaking at

Blackstone (NYSE:BX) President and COO Jon Gray says investor confidence in private credit will recover and inflows will return despite redemption pressure at the firm’s $77 billion private credit fund and broader concerns about valuations and underwriting. "Over time, investor...

Over the past six months, Blackstone has been a great trade, beating the S&P 500 by 5.7%. Its stock price has climbed to $128.45, representing a healthy 19.9% increase. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Blackstone (NYSE:BX) has exited its investment in Bumble, selling its stake and giving up its seats on the dating app's board. The private equity group is reported to be assessing fresh acquisition opportunities in Australia across sectors that have attracted global capital interest. In India, Blackstone is also weighing potential deals and asset sales as it reworks its exposure to key growth markets. Blackstone's Bumble exit and parallel deal moves in Australia and India are only one part...

Brookfield (NYSE:BAM) is in advanced negotiations to acquire Indian glass-packaging company PGP Glass from Blackstone (NYSE:BX) for between $1. 3 billion and $1.

Firmus’ September 8 agreement with OpenAI connects fresh computing demand to two distinct public-market exposures: NVIDIA Corporation (NASDAQ:NVDA), whose platform will power expansion, and Blackstone Inc. (NYSE:BX), whose managed funds led a $10 billion debt financing facility for Firmus’ Australian infrastructure program. OpenAI agreed to contract dedicated computing capacity from two Malaysian sites under a […]

Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index risi

Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index rising 0.

Blackstone Inc. (NYSE:BX) is exploring a possible sale of ZO Skin Health, the medical-grade skincare company founded by dermatologist Dr. Zein Obagi. Reuters reported that the business could be valued at around $2 billion. The process is still in the early stages, and Blackstone is working with Citigroup and Raymond James on the potential sale. […]

Financial stocks were advancing pre-bell Friday, with the State Street Financial Select Sector SPDR

Blackstone's (BX) data center operator AirTrunk is in talks with banks to borrow about SG$2 billion

Financial stocks declined in late Thursday afternoon trading, with the NYSE Financial Index decreasi

Financial stocks declined in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.

Director Mark Stevens sold 1.85 million shares of Nvidia stock after the company’s Q2 earnings.