Collaboration software maker Smartsheet announced Tuesday Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion.Stockholders will receive $56.50 per share, a 41% premium to Smartsheet's average closing price over the last three months.The company had been gauging interest from potential acquirers for several months. The company went public in 2018 and sought to go head-to-head with other software companies like Atlassian."As we look to the future, ...

stockcam Quarterly BV Fluctuation: Basically an Exact Match (Within a 0.5% Variance). Adjusted Core Earnings/EAD: Minor Outperformance ($0.02 Variance). An "as expected" quarter regarding Blackstone Mortgage Trust, Inc.'s (NYSE:BXMT) BV in my opinion. BXMT recorded a minor - modest quarterly BV decrease which was correctly anticipated. When factoring in impacts from recording net realized losses during the quarter (also known as "charge-offs"), BXMT recorded a net increase to the company's CECL reserves o ...

Heath Korvola/DigitalVision via Getty ImagesIntroduction Let me start this article by saying that I am fully aware that I went with an extremely catchy title. However, it's far from clickbait, as this article will be about a few very important (interrelated) issues: inflation, central bank rates, and dividends. All of this is related to the "cash trap" I promised to give a lot more attention to. On June 29, for example, I wrote an article titled "Here Are 4 Fantastic Dividends Yielding 6% To Avoid The ' ...

KEY TAKEAWAYSPrivate equity giant Blackstone is reportedly mulling options for VFS Global, including a sale of its majority stake in the visa outsourcing and technology services firm.A sale of the Dubai- and Zurich-headquartered unit could value VFS at around $7 billion, Bloomberg reported.Blackstone has reportedly held preliminary talks with advisors to evaluate a full or partial sale of VFS, which it bought into in 2022. Private equity giant Blackstone (BX) is reportedly mulling options for VFS Global, in ...

J Studios Today, we venture back into the world of the highest yielding real estate. Straying from our usual conversation of equity REITs, we occasionally peer over the fence to the debt side of the equation. This was the case for our prior coverage of the Blackstone Mortgage Trust (NYSE:BXMT), one of the largest diversified mortgage REITs on the planet, managed by the legendary asset manager Blackstone (BX). Our most recent coverage of BXMT came during a special time that we affectionately nicknamed March ...

Blackstone Inc. (NYSE:BX) Barclays 22nd Annual Global Financial Services Conference September 11, 2024 11:15 AM ET Company Participants Michael Chae - Chief Financial Officer Conference Call Participants Benjamin Budish - Barclays Benjamin Budish Final chat, delighted to have with us from Blackstone, Michael Chae, CFO. Mike, thanks so much. Michael Chae Ben, Nice to be here. Thanks. Nice to see everyone. Question-and-Answer Session Q - Benjamin Budish Maybe just to kick it off, can you talk about your curre ...

Blackstone Inc. (NYSE:BX) Barclays 22nd Annual Global Financial Services Conference September 11, 2024 11:15 AM ET Company Participants Michael Chae - Chief Financial Officer Conference Call Participants Benjamin Budish - Barclays Benjamin Budish Final chat, delighted to have with us from Blackstone, Michael Chae, CFO. Mike, thanks so much. Michael Chae Ben, Nice to be here. Thanks. Nice to see everyone. Question-and-Answer Session Q - Benjamin Budish Maybe just to kick it off, can you talk about your curre ...

Blackstone Mortgage Trust Inc.'s (BXMT, Financial) prospects are in the limelight amid a changing interest rate environment and a recent dividend cut. The mortgage real estate investment trust has shed approximately 10% of its market value in the past six months, illustrating investors' dissatisfaction with the systematic environment and the company's execution.Considering these factors, the question becomes: Is Blackstone Mortgage Trust a "buy-the-dip" opportunity, or will it succumb to its current headwin ...

beckariuz Blackstone Secured Lending (NYSE:BXSL) is a top BDC choice for income investors that value a high-quality, well-performing investment portfolio and a highly secure 10% yield. Blackstone Secured Lending suffered only a minor decline in its balance sheet quality in the second-quarter and supported its dividend well with net investment income. Shares of Blackstone Secured Lending are trading, deservedly, at an 11% premium to net asset value and I see a risk profile that is heavily skewed to the u ...

benjaminalbiachCapital preservation is one of the keys to long-term investment success, and like many things in life, that’s probably easier said than done. What often gets overlooked, however, is that when you buy dividend paying stocks, your initial capital is de-risked with every dividend payment into your account. For example, if you buy a stock at $100 per share, and get $5 in dividends after one year, then tax considerations aside, it’s the same as if you bought the stock at $95 today. That’s why ...