Highlights
A collection of news and information related to Blackstone Group, L.P. published by this site and its partners.
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Dow leaps 286 points, best day of the year
Speculation that governments in the U.S. and Europe will act to help their economies sent stocks surging to their best day this year. Atlanta Federal Reserve President Dennis Lockhart said in a speech that weak job growth over the past two months...
Tags: Hovnanian Enterprises Incorporated, Stock Activities, Morgan Stanley Dean Witter & Company, Auto Trends, Companies and Corporations
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U.S. home prices keep rising, but homeownership is down
Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline. The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors, leaving...
Tags: Mortgages, Foreclosures, Homes, Prices, Real Estate Buyers
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Blackstone commits to hiring 50,000 military veterans
Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses. The company said it is partnering with the White House, which is leading an...
Tags: Unemployment Rate, White House, Wal-Mart Stores, Inc., Veterans Affairs, Target Brands, Inc.
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SeaWorld won't pay income taxes for years
SeaWorld Entertainment Inc. is a hot commodity on Wall Street. The Orlando-based theme-park owner raised $700 million last week in an initial public offering that exceeded even its own expectations. The company's share price then surged even higher,...
Tags: Politics, Anheuser-Busch, Apple Inc., Orlando, Companies and Corporations
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SeaWorld stock jumps in public debut
Virginia GazetteSeaWorld, the parent company of Busch Gardens Williamsburg and Water Country USA, saw its stock rise 19.6 percent in its first day as a publicly traded company. Its stock rose as high as $34.67 per share during the opening day after an initial...Tags: Stock Market, Amusement and Theme Parks, NYSE Euronext, Inc., People for the Ethical Treatment of Animals, Busch Gardens Williamsburg
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Blackstone real estate chief says L.A. is a tough market
You know Los Angeles has become a tough real estate market when it’s hard for even Jon Gray to find a bargain. “It’s become harder, because the pricing has moved up,” said Gray, the global head of real estate for private equity...
Tags: Homes, Realty, Real Estate, Rentals, Antonio Villaraigosa
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SeaWorld's IPO raises $702 million
SeaWorld Entertainment Inc., the theme park chain owned by Blackstone Group, priced its shares at the top of the marketed range and raised $702 million in its initial public offering. SeaWorld sold 26 million shares at $27 each, according to data compiled...
Tags: Gardens and Parks, Trips and Vacations, Travel, Anheuser-Busch InBev, Recreational and Sporting Goods Industry
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Thermo Fisher To Buy Life Tech For $13.6 Billion
Thermo Fisher Scientific Inc. on Monday agreed to buy Life Technologies Corp for $13.6 billion in a deal that would make it one of the top two companies in the hot field of genetic testing. The pact values Life Tech at $76 per share, a 12 percent...Tags: Emerging Market, Food Industry, Drugs and Medicines, Fisher Scientific International Incorporated, Invitrogen Corp.
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Life Technologies Corp. of Carlsbad bought for $13.6 billion
Capping a long bidding war, laboratory-equipment maker Life Technologies Corp. of Carlsbad has agreed to be acquired by Thermo Fisher Scientific for $13.6 billion. The deal announced Monday was approved by both companies' boards of directors and...
Tags: Sigma-Aldrich Corporation, Medical Procedures and Tests, Medical Research
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SeaWorld increases IPO to more than $500 million
Shamu plans to soak Wall Street with a greater splash than previously thought. SeaWorld Entertainment Inc. — the company known for its performing killer whale — could raise $540 million in an initial public offering on the New York Stock...
Tags: Recreational and Sporting Goods Industry, Theme Park Vacations, Trips and Vacations, Travel, U.S. Securities and Exchange Commission
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Duncan Hines owner Pinnacle Foods jumps after IPO
Just like its popular Duncan Hines cake mixes, packaged foods company Pinnacle Foods Inc. was on the rise Thursday morning after raising $580 million in an initial public offering. The company -- which owns an array of popular brands including Birds...
Tags: Stock Market, U.S. Securities and Exchange Commission, Financing and Stock Offerings, NYSE Euronext, Inc., Initial Public Offerings
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Part one: Zell's big gamble
Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
Tags: Companies and Corporations, Stock Market, Newspapers, Prices, Real Estate Buyers
Jun 6, 2012
|Story| Herald Mail
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Orlando Sentinel
Apr 24, 2013
|Story| Daily Press
Apr 18, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Apr 16, 2013
|Story| Hartford Courant
Apr 15, 2013
|Story| Los Angeles Times
Apr 9, 2013
|Story| Los Angeles Times
Mar 28, 2013
|Story| Los Angeles Times
Jan 12, 2013
|Story| Baltimore Sun
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