New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 6, 2013
14:41 EDTBX, DELLIcahn won't rule out proxy fight for Dell, WSJ says
Carl Icahn is not agreeing to Dell's (DELL) committee request of dropping his right to a proxy fight in return for reimbursement by Dell of discovery expense, a deal that bidding groups led by Silver Lake Partners and Blackstone (BX) have both been granted. In an interview with the Wall Street Journal, Icahn said he is exploring his earlier proposal for a dividend, which would require a proxy fight. Icahn has made a preliminary bid to buy up to 58% of Dell but as of yet has not engaged in talks with Michael Dell, notes WSJ. Reference Link
News For DELL;BX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 15, 2014
18:35 EDTBXCDL partners with Blackstone to create S$1.5B investment platform
Subscribe for More Information
08:22 EDTBXBlackstone initiated with an Overweight at Morgan Stanley
Subscribe for More Information
December 12, 2014
09:02 EDTBXKimco Realty to buy Blackstone 66.7% share stake in portfolio for $925M
Kimco Realty (KIM) announced that its subsidiary has executed a contract to acquire the remaining 66.667% interest in the 39-property Kimstone portfolio from its joint venture partner, a subsidiary of Blackstone Real Estate Partners VII (BX) for a price of $925M, which includes the assumption of approximately $426.7M in mortgage debt. The company will pay approximately $512.3M to acquire BREP’s interest. Kimco will use a combination of proceeds from recently completed and pending property sales in the U.S. and Latin America as well as availability under its existing $1.75B revolving credit facility to fund this transaction which is expected to be completed in the first quarter of 2015. Upon closing, Kimco will own 100% of the portfolio. The portfolio consists of 39 properties totaling 5.6M square feet and is approximately 97% occupied. The properties in the portfolio are concentrated in the core markets of New York, Virginia, Texas, Florida, California, and Maryland. The portfolio has a three-mile average household income level of $92,000 and an average base rent per square foot of $15.83, both of which exceed Kimco’s current portfolio averages.
08:09 EDTBXBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.
December 11, 2014
07:49 EDTBXThe New York Times to hold a conference
Subscribe for More Information
07:21 EDTBXShell starts sale process for Tongyi JV stake, WSJ reports
Royal Dutch Shell (RDS.A) has started the sale process for 75% its stake in a Chinese oil lubricants business in a deal that could fetch up to $500M, The Wall Street Journal reports, citing sources. Blackstone (BX) is in a "strong" position in first round bids for the Tongyi oil lubricants joint venture, the sources say. Reference Link
05:54 EDTBXBlackstone implied volatility of 23 at lower end of index mean range
Subscribe for More Information
December 9, 2014
07:45 EDTBXGoldman to hold a conference
U.S. Financial Services Conference is being held in New York on December 9-10.
December 8, 2014
08:05 EDTBXHudson Pacific to acquire EOP portfolio from Blackstone for $3.5B
Subscribe for More Information
07:24 EDTBXBlackstone to sell $3.5B of California properties to Hudson Pacific, WSJ says
Subscribe for More Information
06:15 EDTBXBlackstone implied volatility of 21 at lower end of index mean range
December 4, 2014
10:08 EDTBXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
05:32 EDTBXBlackstone initiated with an Overweight at Barclays
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use