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5 Charts That Show How Blackstone's Asset Allocation Helps YTD Outperformance
Tuesday, January 27, 2015 - 2:24pm | 793So far in 2015, The Blackstone Group L.P. (NYSE: BX) is handily outperforming both the overall financial sector as represented by the Select Sector Financial Slct Str SPDR Fd (NYSE: XLF), and the broader market represented by the SPDR S&P 500 ETF Trust (NYSE: SPY). On January 26,...
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Tech Stocks Underperform Following Apple's Flash Crash, Holiday Retail Sales Disappoint
Monday, December 1, 2014 - 5:38pm | 880U.S. stocks were mostly lower on Monday, as the holiday shopping season may have disappointed some. The National Retail Federation reported that spending over the four-day Thanksgiving weekend declined 11 percent to $50.9 billion. However, ComScore estimated e-commerce spending rose 32...
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Lions Gate Entertainment Shares Trending Higher On M&A Chatter
Monday, December 1, 2014 - 9:03am | 98Shares of Lions Gate Entertainment Corp. (USA) (NYSE: LGF) were trending higher Monday morning amid M&A chatter. Early Monday, the Dalian Wanda Group Chairman Wang Jianlin announced the firm has been in discussion with Lions Gate about acquiring a stake in the company. The Chinese firm...