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Fly News Breaks for April 1, 2015
CG, BX
Apr 1, 2015 | 08:40 EDT
Morgan Stanley is a buyer of Blackstone (BX) and Carlyle Group (CG) into the Q1 reports due to favorable near-term risk/reward from strong MTM earnings expectations, robust free-cash-flow, and improving cash monetization. Blackstone is Overweight rated and Carlyle Group is Equal Weight rated.
News For BX;CG From the Last 2 Days
BX
Mar 27, 2024 | 06:37 EDT
Blackstone (BX) announced a new collaboration with Moderna (MRNA) through a development and commercialization funding agreement where funds managed by Blackstone Life Sciences will provide up to $750M to fund Moderna's influenza program. This new collaboration continues Blackstone Life Sciences' work and support for many of the world's leading and most innovative biopharmaceutical and medical technology companies. Blackstone seeks to provide customized financing solutions for companies across therapeutic areas to support mission critical scientific innovation and advance important products to patients.