Blackstone to Buy Shermco From Gryphon Investors for About $1.6 Billion
Blackstone struck a deal to buy Shermco, a provider of electrical equipment services, from private investment firm Gryphon Investors for about $1.6 billion.
Gryphon to sell Shermco to Blackstone for about $1.6 billion
Private investment firm Gryphon Investors said on Thursday it had agreed to sell Shermco, its portfolio company, to Blackstone in a deal valued at about $1.6 billion.
GBOOY vs. BX: Which Stock Is the Better Value Option?
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Grupo Financiero Banorte SAB de CV (GBOOY) and Blackstone Inc. (BX). But which of these two companies is the best option for those looking for undervalued stocks?
Blackstone signs $6.5 billion deal for data analytics firm Enverus, source says
Blackstone , the world's largest alternative asset manager, said on Wednesday it has agreed to buy energy data and analytics provider Enverus, as dealmaking in the private equity sector shows signs of a recovery after a slowdown.
Blackstone Begins ‘Climb Back to Normalcy,' Returns to Office After Shooting
A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.
What to know about the Manhattan office building housing Blackstone, NFL that was scene of shooting
The New York City office building at 345 Park Avenue where a deadly shooting occurred serves is the headquarters of investment firm Blackstone, as well as the NFL and Rudin Management.
Blackstone: Irresistible Long-Term Value
Blackstone reported strong 2Q25 results, beating earnings and revenue estimates, with record assets under management and robust capital inflows, especially from institutional investors. Fee-related earnings surged 31% YoY, driving a 26% increase in distributable profits and supporting an 11% QoQ dividend hike, with an 85% payout ratio. The positive outlook for M&A and IPO markets, combined with Blackstone's capital-raising strength, underpins my continued Buy rating and 10% upside target.
Blackstone Executive Killed in Manhattan Shooting
A gunman opened fire in a busy New York office building on Monday, killing three people before turning the gun on himself.
Shots Fired at New York Building Housing Blackstone's Office
Blackstone employees shared messages that there was a shooter in the lobby and warned each other not to go downstairs, an employee said.
Blackstone: The Gold Standard In Alternative Assets (Rating Downgrade)
Blackstone's growth is driven by its scale, diversified business segments, and leadership in alternative asset management, with $1.2 trillion AUM and strong fee income growth. The firm's expansion in private wealth, credit, insurance, and infrastructure positions it for continued innovation and outsized growth opportunities across global markets. Despite trading near all-time valuation highs, I'm recommending a Hold rating, given my low-cost basis and Blackstone's robust long-term growth prospects.
Blackstone Inc. (BX) Q2 2025 Earnings Call Transcript
Blackstone Inc. (NYSE:BX ) Q2 2025 Earnings Conference Call July 24, 2025 9:00 AM ET Company Participants Jonathan D. Gray - General Partner, President, COO & Director Michael S.
GBOOY or BX: Which Is the Better Value Stock Right Now?
Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Grupo Financiero Banorte SAB de CV (GBOOY) and Blackstone Inc. (BX). But which of these two companies is the best option for those looking for undervalued stocks?
