Blackstone Group News

The announcement comes as concerns rise that the mining company could run short on cash.

In the wake of a devastating financial crisis, President Barack Obama has enacted some modest and obviously needed regulation; he has proposed closing a few outrageous tax loopholes; and he has suggested that Mitt Romney's history of buying and selling companies, often firing workers and gutting their pensions along the way, doesn't make him the ... (more)

The company along with its subsidiaries provides alternative asset management and financial advisory services worldwide.

The funds, which invest in adjustable-rate "leveraged loans" made by banks to highly indebted companies, have seen inflows of $1.8 billion so far this year through May 23, after taking in $13 billion last year, according to investment tracker Lipper.

IN the wake of a devastating financial crisis, President Barack Obama has enacted some modest and obviously needed regulation; he has proposed closing a few outrageous tax loopholes; and he has suggested that Mitt Romney's history of buying and selling companies, often firing workers and gutting their pensions along the way, doesn't make him the ... (more)

Digital Editions Front Desk Inside AH&LA Governmental Affairs Cover Story Special Reports Design & Construction Food & Beverage Technology Marketing Operations Finance Human Resources The Blackstone Group LP will reportedly invest hundreds of millions of dollars in Israel, through a joint venture that it will set up with Markstone Capital Partners ... (more)

Standard & Poor's Ratings Services said Wednesday that it lowered its non-investment grade corporate credit rating for Patriot Coal Corp.

From Bloomberg: Firm Has Restructured $40 Billion of Acquisition Debt in Past Three Years Blackstone Group LP won a two-year extension on $2.65 billion of debt tied to its purchase of the La Quinta hotel chain by paying down principal, retiring some junior debt and agreeing to a higher interest rate, said a person with knowledge of the agreement.

Accor announced Tuesday that it has agreed to sell Motel 6 and Studio 6 hotel chains to the Blackstone Group for $1.9 billion.

There's a silver lining to the gloom that has defined the cost of air travel: last-minute deals for procrastinators and bargain hunters this Memorial Day weekend.

Dividend stocks can be a great addition to your portfolio. They can provide hedging against downside or serve as a source of income.

Ironically, despite making Mitt Romney's former company Bain Capital and other private equity firms the target of its latest attack, the Obama campaign held a near-$36,000 per plate fundraising dinner at the home of Tony James, president of the nation's largest private equity firm, Blackstone Group .

The Blackstone Group A has agreed to acquire A Accor 's budget hotel business, including the Motel 6 and Studio 6 chains, for $1.9 billion.A www.blackstone.com Avail-TVN , a Reston, Va.-based provider of digital media services, has raised $100 million in private equity and debt funding.A The Carlyle Group A led the equity tranche, and was join by ... (more)

An Israeli solar company says it has raised more than $200 million to build eight solar energy fields in the country's southern desert.

Best Buy Co.'s fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing its turnaround plan.

In a sign that Hilton Worldwide's parent company continues to be bullish on the hotel industry, Dow Jones reports that Blackstone Group has agreed to purchase the budget Motel 6 chain for $1.9 billion.

The Newark mayor ignited a campaign firestorm over the weekend, calling for aA stop to attacks on private equity, going so far as to call them "nauseating"A and defending both Bain Capital and the industry in general.

Catalent Pharma Solutions, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information.

The new aquatic park features up-close animal experiences, high-speed thrills and, for those seeking a more relaxing setting, sandy beaches.

Michaels Stores, Inc. announced today that its Board of Directors has established an interim Office of the Chief Executive Officer to provide ongoing leadership and continuity for the business in the absence of current CEO John Menzer Michaels Stores, Inc.