Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/12/2024 | $109.00 | Equal Weight | Wells Fargo | |
9/12/2024 | $130.00 | Equal Weight | Wells Fargo | |
9/12/2024 | $163.00 | Overweight | Wells Fargo | |
9/12/2024 | $1000.00 | Overweight | Wells Fargo | |
9/12/2024 | $132.00 | Overweight | Wells Fargo | |
8/27/2024 | $99.00 | Underweight | Barclays | |
8/27/2024 | $153.00 | Buy | Redburn Atlantic | |
8/27/2024 | $134.00 | Neutral | Redburn Atlantic |
$100 billion investment potential will enhance American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it. Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data centers to meet growing demand for computing power, as well as energy infrastructure to create new sources of power for these facilities. These infrastructure investments will be chiefly in the United States fueling AI innovation a
LAS VEGAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") announced the closing of its fourth term securitization in 2024 on Tuesday, September 17, 2024. The transaction is CPS's 53rd senior subordinate securitization since the beginning of 2011 and the 36th consecutive securitization to receive a triple "A" rating from at least two rating agencies on the senior class of notes. In the transaction, qualified institutional buyers purchased $416.82 million of asset-backed notes secured by $436.00 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2024-D, consist of fi
Global Atlantic Financial Group ("Global Atlantic"), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced that Chief Operations Officer Emily LeMay and Chief Distribution Officer Jason Bickler have been appointed Co-Heads, Individual Markets, effective immediately. Ms. LeMay and Mr. Bickler will report to Rob Arena, Co-President of Global Atlantic. Global Atlantic's Individual Markets business has experienced significant growth since its formation following the acquisition of Forethought Life Insurance Company in 2014. In the ensuing 10 years, it has become a market leader delivering both annuity and preneed solutions
TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the September 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly or quarterly basis. Unitholders of record of a fund on September 24, 2024 will receive cash distributions payable in respect of that fund on September 27, 2024. Details regarding the "per unit" distribution amounts are as follows: Fund NameFundTickerCashDistributionPer UnitiShares 1-10 Year Laddered Corporate Bond Index ETFCBH$0.049iShares 1-5 Year Laddered Corporate Bond Index ETFCBO$
Value Line, Inc. 551 Fifth Avenue New York, NY 10176 New York, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) reported financial results for the first fiscal quarter ended July 31, 2024. During the three months ended July 31, 2024, the Company's net income of $5,887,000, or $0.62 per share, was 21.2% above net income of $4,859,000, or $0.52 per share, for the three months ended July 31, 2023. The Company's revenues of $4,241,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased $1,384,000 or 48.4% above the prior fiscal year. During the three months ended July 31, 2024, the Company's total investment gains of $1,70
Moody's Corporation (NYSE:MCO) announced today that it has acquired Praedicat, a leading provider of casualty insurance analytics. The acquisition adds comprehensive casualty and liability modeling to Moody's range of market leading solutions for the insurance industry, further enhancing its overall risk assessment strategy. Praedicat's models and predictive analytics help insurers and reinsurers navigate risks associated with catastrophic events, including product and environmental liabilities. Moody's will integrate Praedicat's capabilities into its existing suite of insurance solutions, providing casualty insurance industry customers with a holistic approach to understanding their risk
DALLAS, Sept. 10, 2024 /PRNewswire/ -- DECA Dental Group ("DECA"), a leading clinician-founded and clinician-led dental services organization backed by funds managed by affiliates of Blackstone Inc. (NYSE:BX, ", Blackstone", ))), today announced the nationwide launch of its joint venture ("JV") program under its Ideal Dental brand, designed to provide dentists with the opportunity to leverage the best-in-class DECA infrastructure to set up, own, operate and grow their dental practices. Under the direction of Founder & CEO Dr. Sulman Ahmed, DECA has been delivering on its missi
Frank Cohen to Retire at Year-End; Will Remain Chairman of BREIT Board Blackstone Real Estate Income Trust, Inc. ("BREIT") today announced that current Chief Operating Officer, Wesley LePatner, will become BREIT's Chief Executive Officer as of January 1, 2025. She will succeed Frank Cohen, who, after nearly thirty years, plans to retire from Blackstone at year-end. Mr. Cohen will remain Chairman of BREIT's Board of Directors. Kathleen McCarthy and Nadeem Meghji, Global Co-Heads of Blackstone Real Estate, said: "This announcement effectuates the next stage of BREIT's long-planned succession. We are incredibly fortunate to have a colleague of Wesley's caliber, who has been intimately invo
Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG") President and Group Chief Executive Officer, Toru Nakashima, to Jefferies' Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent with agreements between Jefferies and Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC intends to increase its economic ownership of Jefferies to up to 15% on an as-converted and fully diluted basis, and recently increased its
Wells Fargo initiated coverage of T. Rowe Price with a rating of Equal Weight and set a new price target of $109.00
Wells Fargo initiated coverage of KKR with a rating of Equal Weight and set a new price target of $130.00
Wells Fargo initiated coverage of Blackstone with a rating of Overweight and set a new price target of $163.00
Blackstone's (NYSE:BX) short percent of float has fallen 10.99% since its last report. The company recently reported that it has 17.49 million shares sold short, which is 2.43% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.25 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is
Workers often forego billions of dollars in gains that they could have made off their retirement plans. Why? They unknowingly roll their savings into cash holdings instead of new investments after they switch jobs. When a 401(k) balance from an old company’s plan is rolled over into an individual retirement account (IRA), that money is usually held as cash until it is put into new investments held by the IRA. Almost a third of workers who rolled savings into IRAs at Vanguard Group in 2015 still had the balance sitting in cash seven years later, the New York Times reported. Americans with IRAs that hold a lot of cash forfeit more than $172 billion a year in retirement wealth tha
Instructure shareholders to receive $23.60 per share in cash; Instructure to become a privately held company upon completion of the transactionSALT LAKE CITY, July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE:INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion. The per-share purchase price represents a premium of 16 percent over Instructure's unaffected share price of $20.27 as of May 17, 2024, the last trading day prior to m
4 - Blackstone Inc. (0001393818) (Issuer)
4 - KKR & Co. Inc. (0001404912) (Reporting)
4 - Blackstone Inc. (0001393818) (Issuer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
10-Q - VALUE LINE INC (0000717720) (Filer)
SC 13G/A - BlackRock Inc. (0001364742) (Filed by)
SC 13G/A - BlackRock Inc. (0001364742) (Filed by)
SC 13G/A - BlackRock Inc. (0001364742) (Filed by)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - Blackstone Inc. (0001393818) (Issuer)