Cypress Semiconductor Corporation (NASDAQ:CY), The Blackstone Group L.P. (NYSE:BX), AT&T Inc. (NYSE:T) are among the top three high dividend picks of Jim Cramer. Each of these stocks has dividend payouts in excess of 2.88 percent with AT&T having the highest dividend. AT&T Inc. (NYSE:T) is among one of the high dividend picks of Jim Cramer…
The Blackstone Group L.P. (BX) Senior Executive Takes Post as New York Governor’s Top Aide
The Blackstone Group L.P. (NYSE:BX) senior managing director William Mulrow was appointed by New York Governor Andrew Cuomo to be his top aide, in an announcements made on Sunday. The governor, about to start his second term, has also made 18 other new administrative appointments apart from naming the senior Wall Street executive to the…
The Blackstone Group L.P. (NYSE:BX) Ready To Trade IndCor Properties Raking $2 Billion In Profit
The Blackstone Group L.P. (NYSE:BX) is all set to make some profit with the sale of its U.S. industrial platform, IndCor Properties, for $8.1 billion. Singapore’s GIC Pte, Sovereign Wealth Fund, is going to buy the Chicago-based industrial warehouse company. Blackstone group has indulged in several property sales in the past 12 months and the…
The Blackstone Group L.P. (BX), Realogy Holdings Corp (RLGY), Discovery Communications Inc. (DISCA): Top 3 Holdings of RiverPark Advisors, LLC
RiverPark Advisors, LLC is a privately owned investment management and advisory firm founded in 2009. The firm is mainly owned by employees whose stake account for 84% of the firm. RiverPark Advisors, LLC, forwarded its SEC 13F Filings on November 4, 2014, for the quarter ended September 30, 2014. The Blackstone Group L.P. (NYSE:BX), Realogy…
The Blackstone Group L.P. (BX), Realogy Holdings Corp (RLGY), Southwestern Energy Company (SWN): Top 3 Holdings of Riverpark Capital Management LLC
Riverpark Capital Management LLC The firm is a provider of portfolio management services in a select number of style boxes, including liquid mutual funds. The firm collaborates with other investment advisors in order to get the best for its clients. Riverpark Capital Management LLC submitted its SEC 13F Filing on November 4, 2014, for the…
The Blackstone Group L.P. (BX) Confirmed to Lay Off Advisory Business Unit
The Blackstone Group L.P. (NYSE:BX)’s management announced yesterday that it would lay off its financial advisory services, reorganization and structuring of its advisory services along with its Park Hill Fund businesses and combine it with Paul J. Taubman’s PJT Partners. The firm is trying to focus over its alternative asset management business by spinning off…
The Blackstone Group L.P. (BX) Frustrated and Now Pulling Out Of Russia
The Blackstone Group L.P. (NYSE:BX) has made known its intentions to pull out of Russia, saying that it has been a tall order for them to find viable deals in the country. The US buyout group had employed consultants in Russia to help in finding deals but there hasn’t been any success till so far.…
The Blackstone Group L.P. (BX) Is Planning To Sell Its New York Office Tower By $2.2 Billion
The Blackstone Group L.P. (NYSE:BX) is seeking to sell its Boston Area tower at a staggering $2.2 billion. According to Bloomberg.com, Blackstone has hired Eastdil Secured LLC to oversee the marketing of the proposed sale. The building is a 42 story skyscraper, which will soon be Verizon Communications Inc. (NYSE:VZ) headquarters. The Blackstone Group L.P.…
The Blackstone Group L.P. (BX) Ready To Raise $1 Billion With Its Industrial IPO
The Blackstone Group L.P. (NYSE:BX) is geared up to raise $1 Billion by making its Industrial Property public in 2014. As per the current information, IndCor Properties Inc. is expected to be valued at $8 Billion, which will make it the largest industrial real estate investment trust in the United States. This is not the…