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Blackstone Inc. (BX) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-10-03 17:01
Core Viewpoint - Blackstone Inc. has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based solely on a company's changing earnings picture, with the Zacks Consensus Estimate reflecting EPS estimates from sell-side analysts [1][2]. - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Blackstone Inc. suggest an improvement in the company's underlying business, which could lead to increased stock prices [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) [7]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, indicating the effectiveness of the system [7]. - Blackstone Inc.'s upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. Earnings Estimate Revisions for Blackstone Inc. - For the fiscal year ending December 2025, Blackstone Inc. is expected to earn $5.00 per share, unchanged from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Blackstone Inc. has increased by 4.7%, reflecting positive sentiment among analysts [8].
X @Bloomberg
Bloomberg· 2025-10-02 23:31
Hedge funds are employing a range of strategies to profit from Japan’s too-close-to-call leadership race https://t.co/F2WvHDESxl ...
KKR & Co. Inc. to Announce Third Quarter 2025 Results
Businesswire· 2025-10-02 20:30
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the third quarter 2025 on Friday, November 7, 2025, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR's financial results will be held on Friday, November 7, 2025 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. A. ...
Compass Diversified Declares Third Quarter 2025 Distributions on Series A, B and C Preferred Shares
Globenewswire· 2025-10-02 20:10
Core Points - Compass Diversified (CODI) announced a quarterly cash distribution for its three preferred share series [1] Distribution Details - The Board declared a cash distribution of $0.453125 per share for the 7.250% Series A Preferred Shares, covering the period from July 30, 2025, to October 30, 2025, payable on October 30, 2025, to holders of record as of October 15, 2025 [2] - A cash distribution of $0.4921875 per share was declared for both the 7.875% Series B and Series C Preferred Shares, also covering the same period and payable on the same date to holders of record as of October 15, 2025 [3][4] Tax Implications - The preferred cash distributions are expected to generally constitute "qualified dividends" for U.S. federal income tax purposes, provided certain conditions are met [5]
How Berkshire's OxyChem Buy Cements Its Long-Term Strength
MarketBeat· 2025-10-02 16:38
Core Insights - Berkshire Hathaway has announced a definitive agreement to acquire Occidental Petroleum's chemical division, OxyChem, for $9.7 billion in cash, marking its largest transaction in three years [1][3] - This acquisition reflects Berkshire's strategy of investing in profitable, real-world industrial assets rather than chasing high-growth momentum [2][5] - The deal is expected to close in the fourth quarter of 2025, pending regulatory approvals, and will be funded from Berkshire's cash reserves, which were nearly $340 billion at the end of the last quarter [9] Strategic Importance - The acquisition aligns with Berkshire's historical approach of purchasing robust businesses that are leaders in their fields, transforming low-yielding cash into a profitable asset [3][4] - This move demonstrates a disciplined financial approach, as management identified an external opportunity that is believed to create more long-term value than share repurchases [7][13] - The acquisition of OxyChem, a global producer of essential commodity chemicals, provides a stable demand base and consistent performance, with a reported pre-tax income of $213 million for the second quarter of 2025 [9] Leadership and Future Outlook - Vice Chairman Greg Abel, the designated successor to Warren Buffett, played a key role in this transaction, signaling continuity in leadership and capital allocation decisions [6] - The acquisition reinforces Berkshire's core philosophy and strategic focus, prioritizing stable earnings over speculative gains, solidifying its status as a cornerstone investment for long-term value [10][13] - Berkshire's stock has delivered a year-to-date gain of approximately 10%, reflecting a deliberate strategic choice to avoid high-valuation technology sectors [10][11]
AB to Report Third Quarter 2025 Results on October 23, 2025
Prnewswire· 2025-10-02 15:13
Core Points - AllianceBernstein L.P. and AllianceBernstein Holding L.P. will release their Third Quarter 2025 financial and operating results on October 23, 2025, before market opens [1] - A teleconference will be held at 9:00 am (CT) to discuss the results, hosted by key executives including the President and CEO, CFO, and Head of Global Client Group and Private Wealth [1] - The presentation for the conference call will be available on the Investor Relations website shortly after the results release [2] Company Overview - AllianceBernstein is a leading global investment management firm providing diversified investment services to institutional investors, individuals, and private wealth clients across major world markets [3] - As of June 30, 2025, AllianceBernstein Holding owned approximately 37.5% of AllianceBernstein, while Equitable Holdings, Inc. held an approximate 68.6% economic interest in AllianceBernstein [4]
After Plunging 10.4% in 4 Weeks, Here's Why the Trend Might Reverse for Hamilton Lane (HLNE)
ZACKS· 2025-10-02 14:36
Core Viewpoint - Hamilton Lane (HLNE) has experienced significant selling pressure, resulting in a 10.4% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating a potential turnaround for the stock [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if HLNE is oversold, with a current RSI reading of 27.01, suggesting that the stock may be nearing a reversal point [2][5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, making it a useful tool for investors seeking entry opportunities [3]. Group 2: Fundamental Analysis - There is a consensus among sell-side analysts that earnings estimates for HLNE have increased by 6.1% over the last 30 days, which typically correlates with price appreciation [7]. - HLNE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, further supporting the potential for a near-term turnaround [8].
Gibson: The one thing markets do not like is uncertainty
Youtube· 2025-10-02 12:21
All right, Courtney, we got to ask you. I know the S&P and the NASDAQ finished at record highs yesterday, but are there market implications with this shutdown in either the equity market or the bond market. Well, first of all, I think as we all know, the one thing that the markets do not like is uncertainty.Now, that being said, generally speaking, what you'll see is a rally in the bond market, right. And I think we're seeing a little bit of that on the short end of the curve, and the long end of the curve ...
Buffett's Big Finish? Berkshire Hathaway strikes $9.7bn deal for OxyChem
Proactiveinvestors NA· 2025-10-02 11:46
Core Insights - Proactive is a financial news and online broadcast organization that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's editorial and broadcast operations are managed by a seasoned team, ensuring quality control and content production across multiple global locations [1] Company Operations - Proactive operates with a team of experienced news journalists across key finance and investing hubs, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - The organization produces approximately 50,000 pieces of real-time news, feature articles, and filmed interviews annually [1] - The company employs both human content creators and technology to enhance workflows, ensuring a blend of expertise and innovation in content production [4][5] Market Focus - Proactive delivers news and insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - The company aims to engage motivated private investors by providing content that excites and informs them about investment opportunities [3]
Ares Capital Corporation Schedules Earnings Release for the Third Quarter Ended September 30, 2025
Accessnewswire· 2025-10-02 11:00
NEW YORK, NY / ACCESS Newswire / October 2, 2025 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that it will report earnings for the third quarter ended September 30, 2025 on Tuesday, October 28, 2025 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. ...