Blackstone stock price could dive 22% before rebounding
Blackstone stock price had another solid performance as it outperformed the S&P 500 and Nasdaq 100 indices. BX jumped by 31% in 2024, pushing its market cap to over $212 billion and making it the biggest player in the alternatives industry.
Blackstone Expects Profits From Exiting Deals to be Solid in Q4
BX's revenues from realization activities are in excess of $775 million between Oct. 1 and Dec. 23, 2024.
Blackstone Inc. (BX) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
Blackstone Inc. (NYSE:BX ) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 12:20 PM ET Company Participants Jon Gray - President and COO Conference Call Participants Alexander Blostein - Goldman Sachs Alexander Blostein Okay. Well, good afternoon, everybody.
Blackstone sees private equity North America exit volumes doubling next year
Alternative asset manager Blackstone expects exit volumes in its North America private equity business to double in 2025, driven by expectations of increased IPOs, and M&As activity, as inflation eases and deal flow rebounds from a low base, a top executive told Reuters on Tuesday.
Call of the Day: Blackstone
The CNBC 'Halftime Report' Investment Committee discusses Blackstone and other financial names.
Blackstone, EQT advance into next round of Urbaser sale, sources say
Buyout groups Blackstone and EQT have advanced to the second round of bids in the sale process of waste management company Urbaser, according to two sources with knowledge of the situation.
Patria Investments: I'm Loving This 'Dirt Cheap' Latin American Version Of Blackstone
Blackstone has been an exceptional investment, returning 880% since 2014, but its shares are now extremely rich, prompting consideration of trimming the position. Patria Investments offers similar growth potential as Blackstone, with a projected 2025 EPS growth higher than U.S. peers and a cheaper valuation. PAX's diversified asset management in Latin America presents currency and political risks, but it has shown strong performance and growth in AUM across various asset classes.
Wednesday's big stock stories: What's likely to move the market in the next trading session
The S&P 500 and the Nasdaq Composite ended Tuesday higher, as shares of Nvidia lifted the indexes. Here's what's on CNBC's radar going into Wednesday.
Blackstone buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike's in a deal that values the company at a reported $8 billion.
Blackstone buys Jersey Mike's valuing sandwich chain at $8bn
Blackstone Inc (NYSE:BX) has bought sandwich chain Jersey Mike's in a deal said to value the sandwich chain at $8 billion. Private equity giant Blackstone announced on Tuesday that it had acquired a “majority ownership position” in Jersey Mike's.
Blackstone nears deal for Jersey Mike's Subs, source says
Buyout firm Blackstone is nearing a deal for Jersey Mike's Subs that would value the U.S. sandwich chain at around $8 billion, including debt, and could be announced as early as this week, a person familiar with the matter told Reuters on Monday.
Blackstone Nears Deal for Jersey Mike's Subs
The deal would value the closely held sandwich chain at around $8 billion, including debt.
