The Blackstone Group L.P. (NYSE:BX) Believed To Benefit From Trending Business Split Strategy

Boston, MA 10/10/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX) likely the next big company to separate its business wings according to growth rates, say Bloomberg analysts. Analysts Take According to an article, The Blackstone Group L.P. (NYSE:BX) could benefit significantly if it follows the current market trend where big corporate are chopping off slow-growing […]

The Blackstone Group L.P. (NYSE:BX) In Talks To Back Asia-Focused Fund

Boston, MA 08/25/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX), a private equity firm that boasts more than $37 billion in market cap, is reportedly in talks that could see it back a Hong Kong-based hedge fund with a special focus on distressed fund, Bloomberg stated in an article quoting people with insider knowledge. The […]

The Blackstone Group L.P. (NYSE:BX) Buys Shale Louisiana Assets for $1.2 Billion

Boston, MA 08/15/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX) continues to make a push for the natural gas business after it announced plans to complete the acquisition of Louisiana shale filed for about $1.2 billion. The private equity company has already confirmed that it will acquire 50% stake in the large section of the […]

The Blackstone Group L.P. (NYSE:BX)’s VP James Hill Surfaced As The Firm’s Fifth Billionaire

Boston, MA 06/12/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX)’s Vice President James Tomlinson Hill has surfaced as a billionaire as the biggest private equity firm of the world and his art collection surged in value. Hill’s Worth Hill currently manages the $58 billion hedge fund business and had joined the group after being an […]

The Blackstone Group L.P. (NYSE:BX) To Harvest Cash From Hilton (NYSE:HLT), Other Recent Investments

Boston, MA 06/11/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX) puts its money where it believes good profits can be realized if patience is exercised. That investment thesis is about to payoff for the private equity firm as it moves to unlock cash in various investments this year. The company is set to book profits […]

The Blackstone Group L.P. (NYSE:BX)’s James Continues To Sell Shares Of The Company

Boston, MA 10/29/2013 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX), a provider of financial advisory services and a manager of private capital, reported this recent news: Tony James, the president of the company, is reducing his stake in the private-equity firm. He has helped in the building up of company into the largest manager of […]

The Blackstone Group L.P. (NYSE:BX) Declares Third Quarter Report – PACT

Boston, MA 10/18/2013 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX) declared its 3Q13. Revenues were $1.225 billion compared to $1.219 billion for the same period last year. Analysts had estimated that the revenues would be higher at $1.219 billion. The earnings were also higher at $640.2 million, a rise of 3%, earnings per share were $0.56, […]