Blackstone Group Inc. Class A (BX)

53.24
0.73 1.40
NYSE
Prev Close 52.51
Open 53.29
Day Low/High 53.04 / 53.71
52 Wk Low/High 33.00 / 64.97
Volume 700.83K
Exchange NYSE
Shares Outstanding 1181.79B
Market Cap 61.84B
P/E Ratio 46.31
Div & Yield N.A. (N.A)
3 Prudent Stocks to Own for a Frothy Market

3 Prudent Stocks to Own for a Frothy Market

Markets may have shrugged off Brexit worries to hit new highs, but pricey stocks should make investors more cautious than ever.

Japanese Pension Fund's Property Move Is the First of Billions to Come

Japanese Pension Fund's Property Move Is the First of Billions to Come

The Chikyoren pension fund has chosen 2 international asset managers for its foray into international real estate and infrastructure.

4 Bond Funds to Buy if the Fed Stands Pat

4 Bond Funds to Buy if the Fed Stands Pat

These closed-end funds offer good yields and big discounts to NAV.

Private Equity Can Do What Banks Can't

Private Equity Can Do What Banks Can't

A minor shift away from banks will have an enormous impact on other lenders.

Learn the ABCs of BDCs

Business development companies have grown in popularity amid low interest rates.

Block Sales May Be a Sign of Private Equity Turmoil

What should investors make of private equity firms scaling back some of their prized positions?

Use Earnings Season to Think Like a PE Manager

I love conference calls with the executives of the leading private equity firms.

Jim Cramer Say Own Blackstone Group as the Markets are Improving

Jim Cramer Say Own Blackstone Group as the Markets are Improving

Jim Cramer likes Blackstone Group ahead of its earnings report, saying the markets are thawing so you want own it.

Jim Cramer Says This Will Be a Good Quarter for 3-M, Buy GE on a Dip

Jim Cramer Says This Will Be a Good Quarter for 3-M, Buy GE on a Dip

Jim Cramer says UnitedHealth's stock is going much higher, and it is a 'terrific' name to own.

Listen to Sam Zell and Other REIT Experts

Three top execs gave their views this week at a New York conference.

What Byron Wien (and Cole Porter) Tell Us About Stocks

"In olden days, a glimpse of stocking Was looked on as something shocking. But now, God knows, Anything goes. Good authors too, who once knew better words Now only use four-letter words Writing prose. Anything goes." -- Cole Porter, Anything Goes Th...

Anbang Backs Out of Starwood Bid, Marriott Stock Sinks After-Hours

Anbang Backs Out of Starwood Bid, Marriott Stock Sinks After-Hours

Move clears the way for Marriott to complete its purchase of Starwood. 

Picking Up Distressed Shale Assets: Papa Knows Best

Former EOG executive launches focused energy fund.

Peak Hedge Funds

I'm back in the saddle! Bloomberg recently reported that the Blackstone Alternative Multi-Manager Fund (BXMMX), a mutual fund run by the Blackstone Group (BX) that allocates money to hedge funds, has lost almost half of its assets so far in March. C...

My Takeaways and Observations

My closing message to subscribers: The market's love affair with the Fed is a weakening embrace and the potency of response is diminishing. But a few steps back! My opening missive, "The U.S. Economy's Outlook is Darkening," seemed to be confirmed (...

Financials Look Bad Today (But I Like Weakness)

Bad fundamental news today for Credit Suisse (CS), Deutsche Bank (DB) and UBS (UBS) might to be unexpected, but should weigh on financials today. (Click here, here and here for a rundown of what the three banks are facing.) I recently jettisoned my ...

My Takeaways and Observations

I outlined my negative market outlook in this morning's opening missive, "Forget the 'Church of What's Happening Now.'" This summary detailed the fundamental, technical and sentiment headwinds that I see.  A challenge to Jim "El Capitan" Cramer on C...

Selling Best Buy Amid a Weakening Retail Outlook

The U.S. retail outlook is deteriorating, and I'm responding in my portfolio. The Commerce Department said today that retail sales dropped 0.1% in February -- but the real bad news was a revision to January's numbers. Commerce revised its initial re...

My Takeaways and Observations

 "What came first? The chicken or the Ben?" --Tiara Soleim, talking about "The Bachelor's" Ben Higgins this season Final rose? The obvious and recurrence of price action from the past continues, but for how long? Maybe only The Shadow knows.  "Move ...

Chinese Bid for Starwood Shows Hotel M&A Market Is Even HOT-ter

Chinese Bid for Starwood Shows Hotel M&A Market Is Even HOT-ter

Marriott already has a $12.2 billion bid for Starwood that awaits shareholder approval.

Midday Report: 'Zootopia' Tops Box Office; Stocks Mixed on Crude

Midday Report: 'Zootopia' Tops Box Office; Stocks Mixed on Crude

U.S. stocks remained under pressure as crude resumed its downward slide on Monday.

The Anbang Acquisition of Hotels From Blackstone Isn't All Good News

It looks like a way for Anbang to park some cash in some Western asset.

Blackstone downgraded at Deutsche

My Takeaways and Observations

I remain "all in short," positioned on Friday afternoon.   My message for the day this morning? "Don't worship at the church of what's happening now."  The key insight today was the flight to safety. More risk off might lie ahead. Thanks for the nic...

Making Some Major Portfolio Ch-Ch-Changes

"I still don't know what I was waiting for And my time was running wild. A million dead-end streets Every time I thought I'd got it made. It seemed the taste was not so sweet So I turned myself to face me. But I've never caught a glimpse Of how the ...

Gold Doesn't Look So Golden to Me

Gold is up today, but the metal's moves to the upside have a long history of ending in a climax fashion. Thus, when I read that Blackstone Group (BX) has suspended issue of new shares of its SPDR Gold Shares ETF (GLD) because of "a surge in demand,"...

Today's Takeaways and Observations (Early Edition)

Today's Takeaways and Observations (Early Edition) It's been another win for the bulls so far in the session, with the SPDR S&P 500 ETF (SPY) higher at last check after being down 85 cents earlier today. I started the day underscoring the "Top 10 Re...

My Takeaways and Observations

A win for the bulls. I outlined my cautious view in my opener.  I sold a number of longs and reduced my long side today.   I sold my biotech basket for a good two-and-a-half-week gain.  I reduced my bank longs from large to between small and medium ...

My Takeaways and Observations

If I had to guess, today's sharp rally was a function of monthly inflows, technical breakouts and programs. But it is only a guess. However, you will watch in the business media all the talking heads who liked yesterday's market and purchased opport...

I'm Bullish on Banks

Bond yields are spiking higher today and the iShares 20+ Year Treasury Bond ETF (TLT) is down $2, and financials are conspicuous to the upside. Here's my current take on the sector: Banks. I'm long on Citigroup (C), Bank of America (BAC), JPMorgan C...