BX Stock The Blackstone Group L - Complete Overview
Nyse / Trading / Financial Services / BX Stock
|Avg Daily Volume||4.85M|
THE BLACKSTONE GROUP L (BX) OVERVIEW
BX stock is a trading company traded on Nyse. It is valued at 20.93B US dollars. There are 661.53M shares outstanding which The Blackstone Group L issued to investors. Volatility of the stock is LOW, and the daily volume is 19.39% stock on average. The Blackstone Group L is paying dividends with the latest yield of 6.90%. It brought investors a total return of 7.37% over the last 12 months. The Blackstone Group L stock is relatively cheap. It's P/E ratio is below the market average.
LaSalle Hotel Properties' stock surges after $4.8 billion buyout deal with Blackstone
Shares of LaSalle Hotel Properties ran up 5.2% in premarket trade Monday, after the real estate investment trust agreed to be acquired by Blackstone Group LP in a deal valued at $4.8 billion. Under terms of the deal, Blackstone will pay $33.50 in cash for each LaSalle share outstanding, which is 7.1% above Friday's closing price of $31.29. "We are pleased to have reached this agreement with Blackstone, which we believe is in the best interests of our shareholders and represents the culmination of a thorough review of strategic alternatives," said LaSalle Chief Executive Stuart Scott. LaSalle's stock had rallied 13.6% year to date through Friday, while Blackstone shares had slipped 2.3%, the SPDR Real Estate Select Sector ETF had lost 7.2% and the S&P 500 has gained 1.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
IHS Markit to buy Ipreo for $1.85 billion and to divest MarkitSERV
IHS Markit Ltd. said on Monday it has signed a definitive agreement to take over market intelligence firm Ipreo for $1.855 billion. Markit is buying Ipreo from a group of private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division . The deal is expected to close in the second half of 2018 after a review by the U.K. and U.S. antitrust authorities. Markit also said it has kicked off a process of selling its derivatives-processing business MarketSERV. Shares of Markit weren't moving in Monday's premarket trade. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Why Gramercy Property Trust Stock Rocketed Today
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|Price to Earnings||15.29||18.55||31.07||29.19|
|Price to Book Value||3.21||1.96||3.03||3.43|
|Price to Sales||3.01||4.10||6.24||3.27|
|Return on Equity||21.00%||13.52%||11.58%||15.27%|
|Return on Assets||4.40%||2.74%||3.18%||5.75%|