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Stock Market & Financial Investment News

News Breaks
August 13, 2014
14:57 EDTBX, SEASBlackstone could opt to take SeaWorld private again, FT says
The post-earnings plunge in SeaWorld’s (SEAS) shares could "turn out to be a great opportunity to buy a beaten-up stock," according to Financial Times' Lex team. Also, private equity firm Blackstone (BX) could reconsider its plans to sell its remaining stake in the theme park operator and opt instead to take it private again, the report contended. Reference Link
News For SEAS;BX From The Last 14 Days
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April 30, 2015
08:19 EDTBXBlackstone invests $250M in Stornoway Diamond
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08:14 EDTBXBlackstone affiliate invests in Stornoway Diamond
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April 27, 2015
10:00 EDTSEASOn The Fly: Analyst Upgrade Summary
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09:59 EDTBXBlackstone acquires 16 UK logistics assets
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05:52 EDTSEASCedar Fair price target raised to $65 from $59 at Goldman
Goldman Sachs raised its price target for Cedar Fair (FUN) shares to $65 saying easy comps in Q2 and Q3 as well as lower gas prices in North America should drive shares higher in 2015. Goldman expects the stock's valuation gap versus peer Six Flags (SIX) to narrow. Within the Amusement Parks space, Goldman today also upgraded SeaWorld (SEAS) to Buy and downgraded shares of Six Flags to Neutral.
05:48 EDTSEASSix Flags downgraded to Neutral from Buy at Goldman
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05:45 EDTSEASSeaWorld upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded SeaWorld (SEAS) to Buy from Neutral saying it expects the company's brand to turn around under new CEO Joel Manby. Goldman thinks SeaWorld's trends are becoming less negative and raised its price target for shares to $26 from $18. The firm coupled the upgrade with a downgrade of Six Flags (SIX) to Neutral from Buy. It keeps a Buy rating on Cedar Fair (FUN). Shares of SeaWorld closed Friday up 35c to $21.49 and are down 28% over the past year. Goldman keeps an Attractive sector view on Amusement Parks.
April 21, 2015
09:06 EDTBXHilton price target raised to $33 from $30 at Baird
Baird raised its price target on Hilton (HLT) to $33 from $30 ahead of its Q1 earnings report. The firm cited in-line peer valuation despite better growth expectations, additional asset monetization initiatives, and the potential for Blackstone (BX) to sell its shares, which would remove an overhang and boost liquidity. Baird reiterated its Outperform rating on Hilton.
09:02 EDTBXBlackstone, Wells Fargo in talks on more GE financial assets, Bloomberg says
General Electric (GE), which has announced plans to divest the majority of its GE Capital businesses, is in talks about the potential sale of its $74B U.S. commercial-lending unit, reported Bloomberg, echoing a similar report from The Wall Street Journal. Potential buyers include Blackstone (BX), Mitsubishi UFJ (MTU) Wells Fargo (WFC) and Apollo Global (APO), according to people with knowledge of the matter. Reference Link
07:51 EDTBXBlackstone, Brookfield bid for A$9B of office properties, Globe and Mail says
Investa Property Group, Australia’s third-biggest owner of city center offices, is seeing interest from Blackstone (BX) and Brookfield Asset Management (BAM), as well as LaSalle Investment Management and China’s Fosun, for the A$9B portfolio of Australian office properties that Morgan Stanley (MS) is marketing on the company's behalf, said Bloomberg, citing people with knowledge of the matter. Reference Link

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