Blackstone Group

Martha Stewart Living Omnimedia (NYSE: MSO) was up more than 30% in morning trading after the company said that it had hired Blackstone Advisory Partners to evaluate possible investment partners and explore "other opportunities." In a statement today Martha Stewart said: "As the founder and...

Jefferies is out with its report today on Blackstone Group (NYSE: BX), raising its PT from $20 to $21. In a note to clients, Jefferies writes, "BX will report earnings on Thursday, April 21. We believe core trends across its portfolio should continue to exhibit strength while real estate...

Jefferies & Company has raised the price target on Blackstone Group (NYSE: BX) from $20 to $21 and maintains its Buy rating.

Keefe, Bruyette & Woods is out with its reports examining the 4Q10 operating trends for alternative managers. In the report, Keefe, Bruyette & Woods writes "Overall, 4Q10 unfolded largely as expected with improving new business trends and performance fee generation. As evidenced by the...

Citigroup has initiated coverage on Blackstone Group, LP (NYSE: BX) with a Buy rating and $23.50 price target. 

Jefferies & Company has raised the price target on Blackstone Group (NYSE: BX) from $18.50 to $20 and maintains its Buy rating.

NRG Energy, Inc. (NYSE: NRG) entered a definitive agreement with one of The Blackstone Group, L.P. (NYSE: BX) affiliates to purchase 3,884 MW of Dynergy, Inc. (NYSE: DYN) assets in California and Maine for $1.36B ($351/kW), according to Ladenburg Thalmann. Ladenburg also reports that in a separate...

An investing arm of Goldman Sachs (NYSE: GS) is in the final stages of an agreement to buy AXA’s significant stake in China’s fourth largest life insurer, Taikang Life, for $1.05 billion. Kohlberg Kravis Roberts & Company (NYSE: KFN) and Blackstone Group (NYSE: BX) were among the several...