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Fly News Breaks for February 10, 2020
BX
Feb 10, 2020 | 08:52 EDT
Argus analyst Stephen Biggar raised his price target on Blackstone to $72 and kept his Buy rating after its Q4 earnings beat, saying the company also benefited from a "more favorable environment" for realization while its fee-based earnings also continued to expand. The analyst adds that the company's conversion from a partnership to a corporation will also support Blackstone shares by allowing the stock to be included in a wider range of indices.
News For BX From the Last 2 Days
BX
May 26, 2022 | 12:27 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
BX
May 26, 2022 | 08:12 EDT
A fund backed by private-equity firm Blackstone (BX) has purchased the rights to Justin Timberlake's song catalog in a deal that people familiar with the matter said is valued at just above $100M, reported The Wall Street Journal's Anne Steele and Miriam Gottfried. Terms of the deal, done in partnership with music-investment company Hipgnosis Song Management (HPGSF), weren't disclosed, but it appears to be the venture's largest music-rights acquisition so far, the report said. Reference Link