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- WinstonsooWinstonsoo
  ·2021-07-22
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  非常抱歉，此主贴已删除
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- WinstonsooWinstonsoo
  ·2021-07-22
  Hi
  Blackstone Earnings Rise as Growth Strategy Boosts Portfolio
  The private-equity firm posted second-quarter net income of $1.31 billion. Blackstone GroupInc.’sBX
  Blackstone Earnings Rise as Growth Strategy Boosts Portfolio
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- WinstonsooWinstonsoo
  ·2021-07-16
  Hi
  Lordstown Motors confirms DOJ probe into SPAC deal and pre-orders
  Embattled electric vehicle start-up Lordstown Motorshas confirmed the Justice Department is investigating its business, including the SPAC deal that brought the company public last year and its reporting of vehicle preorders.The confirmation comes a week after the federal inquiry was first reported by The Wall Street Journal andconfirmed to CNBCby a person with knowledge of the investigation. It follows a probe by the Securities and Exchange Commission into the company and public comments made b
  Lordstown Motors confirms DOJ probe into SPAC deal and pre-orders
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Among these are logistics, software, digital payments and life sciences, areas of the economy that are experiencing outsize growth.</p>\n<p>“The pivot into good neighborhoods has really paid off,” Mr. Gray said in an interview.</p>\n<p>Blackstone’s distributable earnings, or the amount of cash that could be returned to shareholders, came in at $1.07 billion, or 82 cents a share, in the quarter. That compares with $548 million, or 43 cents a share, a year earlier.</p>\n<p>The firm said it would pay a dividend of 70 cents a share for the quarter, versus 37 cents in the second quarter of 2020.</p>\n<p>Blackstone invested $23.8 billion during the second quarter and committed to an additional $28.5 billion, another record. Among its commitments was a June agreement to partner with rivals Carlyle Group Inc. and Hellman &amp; Friedman LLC in adeal for Medline Industries Inc.that values the medical-equipment supplier at more than $30 billion and represents the largest leveraged buyout since the financial crisis.</p>\n<p>Blackstone’s infrastructure business and nontraded real-estate investment trustalso struck a deal to acquiredata-center operator QTS Realty Trust Inc. for $6.7 billion.</p>\n<p>The firm had inflows of $37.3 billion in the quarter, with much of that coming from its credit business and its giant Core+ real-estate strategy.</p>\n<p>Assets under management rose 21% over the prior year to $684 billion. 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The deal is set to push Blackstone’s insurance assets under management to about $150 billion by the end of 2021.</p>\n<p>“It really encapsulates the evolution of our business,” Mr. Gray said of the AIG arrangement.</p>\n<p>A decade of low interest rates and strong performance has prompted the firm to venture beyond its traditional focus on investing institutional money, he said.</p>\n<p>The combined market opportunity in insurance and retail is worth significantly more, he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Earnings Rise as Growth Strategy Boosts Portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Earnings Rise as Growth Strategy Boosts Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 21:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-earnings-rise-as-growth-strategy-boosts-portfolio-11626951596?mod=hp_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The private-equity firm posted second-quarter net income of $1.31 billion.\n\nBlackstone GroupInc.’sBX1.88%earnings jumped in the second quarter, propelled by record appreciation in the value of its ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-earnings-rise-as-growth-strategy-boosts-portfolio-11626951596?mod=hp_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-earnings-rise-as-growth-strategy-boosts-portfolio-11626951596?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151614377","content_text":"The private-equity firm posted second-quarter net income of $1.31 billion.\n\nBlackstone GroupInc.’sBX1.88%earnings jumped in the second quarter, propelled by record appreciation in the value of its investments.\nThe private-equity firm posted second-quarter net income of $1.31 billion, or $1.82 a share, it said Thursday. That compares with a profit of $568.3 million, or 81 cents a share, a year earlier.\nThe value of Blackstone’s private-equity portfolio climbed by 13.8% in the latest period, exceeding the roughly 8% gain for the S&P 500. Combined fund appreciation across its various business lines was the highest in the history of the firm.\nAiding the strong performance was Blackstone’s recent emphasis on putting money into fast-growing companies. Initial public offerings of outsourcing companyTaskUsInc.and Indian electric-vehicle components manufacturerSona BLW Precision ForgingsLtd.pushed up the firm’s private-equity portfolio, while sales of last-mile logistics properties in the U.S. and Australia helped boost its real-estate holdings.\n\n ‘The pivot into good neighborhoods has really paid off.’— Jonathan Gray, Blackstone\n\nBlackstone President Jonathan Gray has encouraged the firm’s business heads tothink more thematicallyabout investing, identifying global trends and finding ways to put money to work in areas that would benefit from them. Among these are logistics, software, digital payments and life sciences, areas of the economy that are experiencing outsize growth.\n“The pivot into good neighborhoods has really paid off,” Mr. Gray said in an interview.\nBlackstone’s distributable earnings, or the amount of cash that could be returned to shareholders, came in at $1.07 billion, or 82 cents a share, in the quarter. That compares with $548 million, or 43 cents a share, a year earlier.\nThe firm said it would pay a dividend of 70 cents a share for the quarter, versus 37 cents in the second quarter of 2020.\nBlackstone invested $23.8 billion during the second quarter and committed to an additional $28.5 billion, another record. Among its commitments was a June agreement to partner with rivals Carlyle Group Inc. and Hellman & Friedman LLC in adeal for Medline Industries Inc.that values the medical-equipment supplier at more than $30 billion and represents the largest leveraged buyout since the financial crisis.\nBlackstone’s infrastructure business and nontraded real-estate investment trustalso struck a deal to acquiredata-center operator QTS Realty Trust Inc. for $6.7 billion.\nThe firm had inflows of $37.3 billion in the quarter, with much of that coming from its credit business and its giant Core+ real-estate strategy.\nAssets under management rose 21% over the prior year to $684 billion. So-called perpetual capital, which generates a steady stream of locked-in fees because it doesn’t need to be returned to investors as quickly, climbed 55% year-over-year to $169.5 billion.\nThat figure is set to rise, thanks in part to a sweeping partnership Blackstone announced last week with insurance companyAmerican International GroupInc.The investment firm will manage a portion of AIG’s assets and will pay$2.2 billion for a 9.9% stakein its life-insurance and retirement-services unit. The deal is set to push Blackstone’s insurance assets under management to about $150 billion by the end of 2021.\n“It really encapsulates the evolution of our business,” Mr. Gray said of the AIG arrangement.\nA decade of low interest rates and strong performance has prompted the firm to venture beyond its traditional focus on investing institutional money, he said.\nThe combined market opportunity in insurance and retail is worth significantly more, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170733426,"gmtCreate":1626450034865,"gmtModify":1633926604936,"author":{"id":"3581900363793608","authorId":"3581900363793608","name":"Winstonsoo","avatar":"https://static.tigerbbs.com/95d6807a5db126645940fac55d928489","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581900363793608","idStr":"3581900363793608"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170733426","repostId":"1150012119","repostType":4,"repost":{"id":"1150012119","kind":"news","pubTimestamp":1626448265,"share":"https://www.laohu8.com/m/news/1150012119?lang=&edition=full","pubTime":"2021-07-16 23:11","market":"us","language":"en","title":"Lordstown Motors confirms DOJ probe into SPAC deal and pre-orders","url":"https://stock-news.laohu8.com/highlight/detail?id=1150012119","media":"CNBC","summary":"Embattled electric vehicle start-up Lordstown Motorshas confirmed the Justice Department is investigating its business, including the SPAC deal that brought the company public last year and its reporting of vehicle preorders.The confirmation comes a week after the federal inquiry was first reported by The Wall Street Journal andconfirmed to CNBCby a person with knowledge of the investigation. It follows a probe by the Securities and Exchange Commission into the company and public comments made b","content":"<div>\n<p>Embattled electric vehicle start-up Lordstown Motorshas confirmed the Justice Department is investigating its business, including the SPAC deal that brought the company public last year and its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/16/lordstown-motors-confirms-doj-probe-into-spac-deal-and-pre-orders.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown Motors confirms DOJ probe into SPAC deal and pre-orders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown Motors confirms DOJ probe into SPAC deal and pre-orders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/16/lordstown-motors-confirms-doj-probe-into-spac-deal-and-pre-orders.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Embattled electric vehicle start-up Lordstown Motorshas confirmed the Justice Department is investigating its business, including the SPAC deal that brought the company public last year and its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/16/lordstown-motors-confirms-doj-probe-into-spac-deal-and-pre-orders.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/16/lordstown-motors-confirms-doj-probe-into-spac-deal-and-pre-orders.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150012119","content_text":"Embattled electric vehicle start-up Lordstown Motorshas confirmed the Justice Department is investigating its business, including the SPAC deal that brought the company public last year and its reporting of vehicle preorders.\nThe confirmation comes a week after the federal inquiry was first reported by The Wall Street Journal andconfirmed to CNBCby a person with knowledge of the investigation. It follows a probe by the Securities and Exchange Commission into the company and public comments made by executives, including its former chairman and CEO Steve Burns.\nLordstown Motors said in a filing Thursday that it has \"received two subpoenas from the SEC for the production of documents and information, including relating to the Merger between DiamondPeak and Legacy Lordstown and pre-orders of vehicles, and we have been informed by the U.S. Attorney's Office for the Southern District of New York that it is investigating these matters.\"\nThe company said it has \"cooperated, and will continue to cooperate, with these and any other regulatory or governmental investigations and inquiries.\"\nBurns and his CFO exited the SPAC-backed company following an internal investigation that found \"issues regarding the accuracy of certain statements\" around Lordstown's preorders, specifically the seriousness of the orders and who was making them.\nIn May, short seller Hindenburg Research claimed the company misled investors, including using \"fake\" orders to raise capital for its Endurance electric pickup. The short seller also said the pickup was years away from production. Lordstown has maintained it's on track to start making the vehicle in September.\nLordstown previously said the internal investigation found Hindenburg's report \"is, in significant respects, false and misleading.\"\nLordstown went public through a special purpose acquisition company, or SPAC, in October. It is among a growing group of electric vehicle start-ups going public through deals with SPACs, which have become a popular way of raising money on Wall Street because they have a more streamlined regulatory process than traditional initial public offerings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}