The latest trading session saw Blackstone Inc. (BX) ending at $127.82, denoting a +1.19% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.52% for the day. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%.Shares of the investment manager witnessed a gain of 1.5% over the previous month, trailing the performance of the Finance sector with its gain of 2.95% and the S&P 500's gain of 3.85%.The upcoming ea ...

izusek Dear readers, Mortgage REITs (mREITs) are lenders that lend money to real estate projects in exchange for interest on the loan. The loans are secured by real estate, which makes the business model sound safe, but the spread that most mREITs earn above their cost of capital is quite tight, which makes their earnings volatile. Moreover, mREITs are often heavily leveraged, think 3-4x leverage. It is a sector which is known for its high dividends, which appeal to many income investors. Unfortunately, ...

gawrav Commercial mortgage REITs have taken a beating over the past 12 months, and this includes fears around the regional banking meltdown last year and what that meant for the overall commercial real estate market. As with any broad economic events, it’s a good idea to wait for the dust to settle and let price discovery take place as the market weighs both macro and company-specific risks. This brings me to Blackstone Mortgage Trust (NYSE:BXMT), which I last covered with a ‘Buy’ rating in August of la ...

SAN ANTONIO--(BUSINESS WIRE)--Supergoop!, the first skincare brand that puts SPF at the forefront, today announced the appointment of Lisa Sequino as Chief Executive Officer. Ms. Sequino most recently served as CEO of JLo Beauty following nearly two decades of experience driving growth in the beauty and personal care industry at Estee Lauder and Procter & Gamble. “Lisa brings such super experience and perspective to the table, having built her career scaling and accelerating growth within both establishe ...

Group 1 - Blackstone CEO Steve Schwarzman earned $897 million last year, contributing to his net worth of $42 billion [1] - Blackstone reported a profit of $2.4 billion on $8 billion in revenue, indicating strong financial performance [1] - The company has nearly $200 billion in "dry powder" capital available for future investments, positioning it well for upcoming opportunities [1] Group 2 - Blackstone's market capitalization stands at $152 billion, although its stock has declined by 3% over the past two years, contrasting with a 17% increase in the S&P 500 [1] - Schwarzman owns 20% of Blackstone, with dividend payments of $777 million last year making up a significant portion of his compensation [1] - The company has established itself as a major player in the economy, providing loans to businesses and financing infrastructure projects [1] Group 3 - Blackstone's long-term success is reflected in Schwarzman's net worth growth from $10.7 billion a decade ago to $42 billion today [1]

In the latest market close, Blackstone Inc. (BX) reached $125.11, with a -1.71% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.04%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.28%.Prior to today's trading, shares of the investment manager had gained 3.08% over the past month. This has lagged the Finance sector's gain of 3.66% and the S&P 500's gain of 5.01% in that time.Investors will be eagerly watching for the performance of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33551 Blackstone Inc. (Exact name of registrant as specified in its charter) Delaware 20-8875684 (State or other jurisdiction of (I. ...

Blackstone Inc. (NYSE:BX) Bank of America Securities Financial Services Conference Call February 21, 2024 2:30 PM ET Company Participants Michael Chae - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Craig Siegenthaler Good afternoon, everyone. We’re going to get started. This is Craig Siegenthaler from Bank of America, and it’s my pleasure to introduce Michael Chae. Michael is the Chief Financial Officer of Blackstone. He joined Blackstone in 1997 and he has serve ...

Blackstone Inc. (NYSE:BX) Bank of America Securities Financial Services Conference Call February 21, 2024 2:30 PM ET Company Participants Michael Chae - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Craig Siegenthaler Good afternoon, everyone. We’re going to get started. This is Craig Siegenthaler from Bank of America, and it’s my pleasure to introduce Michael Chae. Michael is the Chief Financial Officer of Blackstone. He joined Blackstone in 1997 and he has serve ...

HOUSTON--(BUSINESS WIRE)--Blackstone today announced that the Blackstone Charitable Foundation has reached $10 million in funding in Texas through its signature program, LaunchPad. The program seeks to close the opportunity gap by equipping students with entrepreneurial skills and internship opportunities to help them build lasting careers. LaunchPad has supported students at 12 schools across Texas, including Texas A&M University, University of Texas at Austin, UT Dallas, UT San Antonio, UT Rio Grande Val ...