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Blackstone profit tops view; sees more deals ahead

New York : NY : USA | about 1 month ago  
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Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover. The company, which has immense real estate and private equity assets, has stepped up deal activity in the past few...
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  • News Source: International Business Times | about 1 month ago
    Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover. The company, which has immense real estate and private equity...
  • News Source: Belleville News-Democrat | about 1 month ago
    Hedge fund and private equity firm The Blackstone Group LP on Friday posted a narrower loss for the third quarter, as its private equity holdings gained value and its real estate investments stabilized. Adjusted results topped expectations, and...
  • News Source: International Herald Tribune | about 1 month ago
    Blackstone’s profit, which is after taxes and excludes costs tied to its 2007 initial public offering, drew largely upon the improving market conditions, which boosted the value of the firm’s private equity and hedge fund holdings and added to...
  • News Source: Fox News | about 1 month ago
    Blackstone Group (BX) weighed in with better-than-expected third-quarter earnings on Friday but said the economic recovery could be gradual and uneven and warned commercial real estate trends continued to worsen. The company lost $176.2 million...
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  • Blog Source: www.pehub.com
    Blackstone's third-quarter earnings before income taxes, noncash charges for vesting equity-based compensation, and amortization of intangible assets — a measure it calls “economic net income” (ENI) — were $278.4 million, .... Quadrangle
  • Blog Source: blogs.wsj.com
    Blackstone Group: The PE firm posted a narrower third-quarter loss and core results beat expectations amid stabilizing real-estate investments, though management and advisory fees dropped. [WSJ]. Related: Blackstone is to buy stakes in ...
  • Blog Source: online-career-observer.com
    Even though both parties seem to favor extending the credit, top Republican, Senator Mitch McConnell and Senate Majority Leader, Democrat Harry Reid are still in opposition over other issues related to the tax credit. Reid wanted to add a bill that
  • Blog Source: voiletkean.rajaburger.com
    Blackstone Posts Narrower Q3 Loss. Source: Trading Markets (press release) (Original Article). © 2009 The Connors Group, Inc. Other Stories. This entry was posted on Thursday, November 5th, 2009 at 11:56 pm and is filed under ...
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