Digital Realty (NYSE: DLR) announced the pricing of a secondary public offering of 12,310,249 shares of common stock by affiliates of Blackstone Inc. at $185.00 per share. This transaction is directly tied to the closing of the acquisition by Digital Realty of Blackstone's interests in...
Blackstone Inc. (NYSE:BX) has received an average analyst rating of 'Moderate Buy' from twenty-five research firms, with twelve analysts recommending a hold and thirteen recommending a buy. The consensus twelve-month price target stands at $150.86. Recent analyst actions include Deutsche Bank initiating coverage with a...
Blackstone Inc. (NYSE:BX) reported strong quarterly results, beating earnings per share expectations of $1.34 with actual EPS of $1.36. Revenue increased by 10% year-over-year to reach $3.43 billion, while the company maintained a return on equity of 22.86% and a net margin of 20.67%. The...
Blackstone Inc. (NYSE: BX) announced on June 23, 2026, a preliminary estimate of revenue related to realization activity for the period from April 1 to June 23, 2026. The firm projects that total Realized Performance Revenues and total Realized Principal Investment Income for this partial...
Apogee Therapeutics (NASDAQ: APGE) stock surged approximately 46.72% following positive clinical data from its Phase 2 APEX Part B trial for zumilokibart in atopic dermatitis and a significant financing deal with Blackstone Life Sciences. The mid-dose of the drug achieved a 65.9% EASI-75 response rate...
Blackstone Group (BX) is receiving attention following strategic expansions in its private credit platform via SablePointe Credit Strategies and the hiring of Carey S. Roberts as Senior Managing Director and General Counsel for its real estate business. These moves underscore a heightened focus on private...
Arrow Capital Management LLC increased its stake in Blackstone Inc. (NYSE:BX) during the fourth quarter, acquiring approximately 79,971 shares valued at $12.3 million. This acquisition represents about 7.2% of Arrow's total portfolio, making Blackstone its fourth-largest holding. Other institutional investors also adjusted their positions, including...
Blackstone (BX) shares rose 7.5% following two major strategic announcements: a comprehensive partnership with Nippon Life Insurance Company and a co-led US$35 billion private credit financing package for AI firm Anthropic. The Nippon Life deal involves a planned commitment of approximately 1.5 trillion yen over...
UBS AG is issuing Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc., with a preliminary pricing supplement dated June 15, 2026. The notes have an expected settlement on June 17, 2026, and a maturity date of June 20, 2028. The...
Hearing examiners for the New Mexico Public Regulation Commission have recommended voiding a $400 million stock sale by Public Service Company of New Mexico (PNM) to private equity firm Blackstone. The regulators determined the transaction, executed in June 2025 as a Private Investment in Public...
AirTrunk, a hyperscale data centre specialist backed by Blackstone and the Canada Pension Plan Investment Board (CPPIB), has announced plans to invest more than $30 billion in India by 2030. This massive investment pipeline spans multiple states and is designed to expand digital infrastructure capacity,...
Blackstone has restricted withdrawals from its flagship Blackstone Private Credit (BCRED) fund following a significant spike in investor redemption requests. The asset management giant capped withdrawals at 5% of shares after redemption requests reached approximately 10% during the second quarter, totaling around $3.8 billion in...
Blackstone Group (BX) announced on Thursday that it has capped withdrawals at its flagship $79 billion Blackstone Private Credit Fund (BCRED) as redemption requests surged in the second quarter. Investors attempted to pull out 10% of their shares, up from 7.9% in the previous quarter,...
Blackstone and Partners Group have capped withdrawals from their flagship private credit funds as redemption requests surge amid industry-wide stress in the alternative asset management sector. Partners Group reported that repurchase requests at its $16 billion Delaware-based fund reached 6% of assets held, exceeding its...
Broadcom shares tumbled nearly 15% after reporting fiscal second-quarter revenue of $22.19 billion, which missed the $22.27 billion consensus estimate from analysts polled by LSEG. Despite the miss, CEO Hock Tan reiterated guidance for fiscal year 2027 AI chip revenue to be in excess of...
Japan's Nippon Life Insurance plans to invest approximately $9.4 billion in Blackstone Group's credit strategies through a new strategic partnership announced Wednesday. The Japanese insurer intends to expand its allocation to Blackstone's investment-grade private credit and structured credit strategies, committing about 1.5 trillion yen over...
Blackstone Inc. (BX) plans to sell the U.S. Bank Center office building in Seattle for approximately $280 million to Spear Street Capital, according to a report by Bloomberg. This transaction price represents roughly 54% below the amount Blackstone originally paid for the property when it...
Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) announced on May 29, 2026, that its Board of Trustees approved an extension of the reinvestment period for the fund. Originally scheduled to end on May 31, 2026, one year prior to the fund's dissolution date...
Apogee Therapeutics, Inc. (NASDAQ: APGE) announced on May 27, 2026, a strategic financing collaboration with Blackstone Life Sciences designed to secure up to $1.3 billion in flexible, non-dilutive capital for the development and potential commercialization of its lead drug candidate, zumilokibart. The transaction combines approximately...
Blackstone Products has initiated a voluntary nationwide recall of select lots of its Parmesan Ranch seasoning after an ingredient supplier identified potential Salmonella contamination. The Utah-based company confirms that the issue stems from a separate recall involving dry milk powder supplied by California Dairies, Inc.,...
