Last $30.94 USD
Change Today +0.74 / 2.45%
Volume 5.8M
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Symbol
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As of 8:04 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$30.54
Previous Close
$30.20
Day High
$31.04
Day Low
$30.21
52 Week High
03/11/14 - $35.39
52 Week Low
06/24/13 - $19.15
Market Cap
35.0B
Average Volume 10 Days
7.5M
EPS TTM
$3.08
Shares Outstanding
500.9M
EX-Date
02/6/14
P/E TM
9.6x
Dividend
$2.32
Dividend Yield
4.33%
Current Stock Chart for BLACKSTONE GROUP LP/THE (BX)

blackstone group lp/the (BX) Details

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios. It launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York.

2,010 Employees
Last Reported Date: 02/28/14
Founded in 1985

blackstone group lp/the (BX) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $350.0K
President, Chief Operations Officer, Director...
Total Annual Compensation: $34.8M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $7.6M
Vice Chairman, Vice President and Director of...
Total Annual Compensation: $11.4M
Chief Legal Officer and Senior Managing Direc...
Total Annual Compensation: $4.6M
Compensation as of Fiscal Year 2013.

blackstone group lp/the (BX) Key Developments

Several Suitors Eye Goodpack

China International Marine Containers Group Co. Ltd. (SZSE:000039) is among the many firms eyeing acquisition of Goodpack Ltd. (SGX:G05), reported The Business Times citing sources. According to the report, Goodpack also held meetings with The Blackstone Group L.P. (NYSE:BX) and The Carlyle Group LP (NasdaqGS:CG) in the week ending April 11, 2014. Goodpack has also reportedly attracted the interest of Kohlberg Kravis Roberts & Co. (NYSE:KKR). Several banks are involved in financing a deal for Goodpack, sources told Business Times.

FROB Reviews Strategy To Sell Catalunya Banc

Spain is reviewing its strategy to privatize Catalunya Banc, S.A. as the bank slims down before a sale and attempts to shed a €7 billion mortgage portfolio. The Spanish authorities, which have already injected €12 billion into the failed lender, are likely to try and auction off the bank around the summer, once it has been restructured and shrunk."We're working on restructuring the deal in order to achieve the highest possible return and make the sale of Catalunya Banc more attractive," a spokeswoman for Fondo de Reestructuracion Ordenada Bancaria (FROB) said. Shedding the less attractive assets of the bank such as some loan portfolios and branches would put the lender in better shape ahead of the privatisation. The spokeswoman said Catalunya Banc had decided to put on the block a €7 billion portfolio of mortgages and had received plenty of interest from foreign funds. Citing sources close to the deal, Spanish newspaper El Mundo had said on that the government was ready to extend €1.5 billion of public aid to help the sale of the portfolio. The spokeswoman declined to comment on the report and said details of the sale were still to be defined. The economy ministry and the Bank of Spain also declined to comment. Catalunya Banc is trying to sell a €1.5 billion portfolio of soured loans as well as a network of 200 offices outside its core Catalonia region. Several international funds and local banks are looking at the branch network, which could be split up and sold to various buyers, two sources familiar with the process said. "Some regional branches could end up interesting rural cooperatives, while funds may want to pick up some offices," said one of the sources, a Madrid-based financial adviser. Banco Popular S.A. (BVC:POPULAR) is among potential bidders for some of the offices, the second source said. According to Reuters, Popular declined to comment. Catalunya Banc is also close to selling its property management unit to Magic Real Estate and The Blackstone Group L.P. (NYSE:BX), two sources close to that deal said. According to reuters, Blackstone declined to comment and Magic could not immediately be reached for comment. The division mainly manages the soured real estate loans and housing which were transferred from Catalunya Banc to a government-backed "bad bank". A previous deal to sell the unit to two other U.S. funds, which eventually fell through, valued it at around €40 million, one of the sources said.

Blackstone May Acquire Assets Of Mirvac

The Blackstone Group L.P. (NYSE:BX) may acquire AUD 900 million assets that have been put on sale by Mirvac Group (ASX:MGR).

 

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