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Stock Market & Financial Investment News

News Breaks
November 2, 2012
08:09 EDTHOV, BXHovnanian Enterprises, GSO Capital Ptnrs in $125M increase of land banking deal
Hovnanian Enterprises (HOV) and GSO Capital Partners LP, or GSO, the credit arm of The Blackstone Group (BX), announced an increase of their land banking arrangement for an additional $125M, which brings the total arrangement since July 2012 to $250M. During the next twelve months, GSO and Hovnanian anticipate identifying land parcels for an additional $125M in acquisition and development costs. Funds managed by GSO will acquire a portfolio of land parcels and option finished lots on a quarterly takedown basis back to Hovnanian.
News For HOV;BX From The Last 14 Days
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June 18, 2013
10:49 EDTBXSiemens seeks private equity offers for Nokia Siemens Networks, Reuters says
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June 14, 2013
07:23 EDTBXSiemens considers deal for Nokia Siemens, WSJ reports
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June 13, 2013
07:10 EDTBXBlackstone has $1.5B of initial pledges for Asia property fund, Bloombergs says
Blackstone Group has $1.5B of capital commitments for its first Asian property fund, targeted at $4B. The firm said it plans to begin investing the money immediately, focusing on China, India, Australia and Japan, sources say, reports Bloomberg.Reference Link
06:10 EDTBXOn the Fly: Periodicals Wrap-Up
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June 12, 2013
11:59 EDTBXBlackstone planning to offer mutual fund, Bloomberg says
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June 11, 2013
05:46 EDTBXMarket for high-priced skyscrapers grows, WSJ reports
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June 6, 2013
19:00 EDTBXOn The Fly: After Hours Movers
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18:14 EDTBXBlackstone, partner to acquire Gafisa unit, WSJ reports
Blackstone (BX) and a partner have agreed to buy Gafisa's (GFA) Alphaville Urbanismo unit for about $1B, reports The Wall Street Journal, citing people familiar with the matter. Reference Link
17:19 EDTBXGlimcher Realty Trust to purchase 60% stake in property for $111.8M
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16:10 EDTBXBlackstone, partner reach deal to acquire Gafisa unit for $1B, Dow Jones says
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08:44 EDTHOVHovnanian price target raised to $4.50 from $1.25 at JMP Securities
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08:37 EDTBXBlackstone volatility increases as shares pullback
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June 5, 2013
11:26 EDTHOVHovnanian sees FY13 gross margins better than FY12
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09:20 EDTHOVHovnanian reports Q2 EPS 1c, consensus (5c)
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