The Latest Breaking News from Blackstone

Reuters Blackstone Closes In Crown Bid After Australia Approvals: Reuters

Blackstone Inc (NYSE:BX), the investment management company, is likely to take the reigns of Australia’s Crown resorts after the country’s regulators approve the bid, Reuters reported. Crown resorts have been mired in allegations of money laundering, making its investors nervous and eager for an overhaul or ownership transition. The COVID-19 pandemic and…

Bank of America recently met with iCapital Network’s Chairman & CEO Lawrence Calcano to discuss the democratization of alternative asset investing. On Tuesday, Bank of America analyst Craig Siegenthaler said he is bullish on three leading alternative asset management stocks after his conversation with Calcano.

Someone with a lot of money to spend has taken a bearish stance on Blackstone (NYSE:BX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Ukraine, rising interest rates, plummeting markets and rampant inflation. These are few of the main topics that the mainstream media is always covering. With everything going on in the world, more investors are deciding to invest in alternative investments like nontraded real estate investment trusts (REITs).

Someone with a lot of money to spend has taken a bearish stance on Blackstone (NYSE:BX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

In this episode of The Lazy Landlord, Kevin Vandenboss speaks with Ed Pitoniak, CEO of VICI Properties (NYSE: VICI).

Justin Timberlake has sold the rights to his songs including hits such as Cry Me A River and Rock Your Body to Hipgnosis Song Management, the latest pop star to cash in on his body of work in the red-hot market for music streaming.

Blackstone (NYSE:BX) has outperformed the market over the past 15 years by 1.73% on an annualized basis producing an average annual return of 8.52%. Currently, Blackstone has a market capitalization of $86.98 billion.