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Benzinga Market Primer: Tuesday, August 20: Bond Yields Continue To Rise
Tuesday, August 20, 2013 - 6:49am | 1619Read More...US Stocks slipped for the fourth consecutive day on Monday, but bond yields have continued their climb as investors anticipate the Federal Reserve’s stimulus tapering. Heavy selling has boosted long term bond rates and US 10-year treasury yields have risen to 2.9 percent. Top News In other...
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Blackstone Withdraws from Dell Deal – Icahn Still in the Ring
Friday, April 19, 2013 - 10:41am | 603Read More...First, there were three. Now, there are two. Reuters reported Friday that The Blackstone Group L.P. (NYSE: BX) has withdrawn its offer to buy Dell (NASDAQ: DELL). This leaves founder Michael Dell and his private equity partner, Silver Lake Partners, in the driver’s seat. Activist investor Carl...
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Is Blackstone's Offer For NRG Too Low? (BX, NRG)
Friday, September 24, 2010 - 9:07am | 193Read More...Pritchard Capital Partners has updated its research on Dynegy, Inc. (NYSE: DYN) and forecasts potential big changes in the near future. Pritchard writes "We believe there remains a small probability The Blackstone Group L.P. (NYSE: BX)($10.77) may increase its offer and recommend shareholders...
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Blackstone Group To Buy Dynergy With NRG Energy
Monday, August 16, 2010 - 11:00am | 135Read More...Dynergy, Inc. (NYSE: DYN) is having its Neutral rating reiterated by Ladenburg Thalmann, but is having its price target lowered from $7.50 to $4.50 (excluding dividends) due to the purchasing of DYN by The Blackstone Group, LP (NYSE: BX) for $4.50 p/s in cash, an purchase totaling $4.7B. Dynergy...
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RadioShack Lower as Buyout Looks Less Likely (RSH, BX)
Tuesday, July 20, 2010 - 12:41pm | 185Read More...Shares of RadioShack Corp. (NYSE: RSH) are lower on the session by 6.30%, currently trading at $20.10. The stock hit a low of $19.11 earlier in the day, right at the opening bell. Dow Jones is reporting that private-equity firms Blackstone Group LP (NYSE: BX) and TPG Capital LP are likely to drop...
