Related AMID Mid-Day Market Update: Progress Software Drops On Weak Results; Medivation Shares Surge Mid-Afternoon Market Update: Crude Oil Down 3%; Performance Sports Group Shares Tumble After Guidance Cut Energy Transfer Equity Is Big Dividend Dog On CCC Combo March Team Too (Seeking Alpha)
Related PAM A Look Into Petrobras' Great Week And The Detention Of Brazil's Ex-President Lula da Silva Mid-Afternoon Market Update: American Public Education Rises Following Q4 Results; PTC Therapeutics Shares Fall
Toward the end of trading Thursday, the Dow traded down 0.18 percent to 17,685.59 while the NASDAQ declined 0.04 percent to 4,867.17. The S&P also fell, dropping 0.22 percent to 2,059.33.
Leading and Lagging Sectors
On Thursday, utilities shares jumped by 0.50 percent. Meanwhile, top gainers in the sector included American Midstream Partners LP (NYSE: AMID), up 5 percent, and Pampa Energia S.A. (ADR) (NYSE: PAM), up 3 percent.
Best Dividend Stocks To Buy For 2018: HubSpot, Inc.(HUBS)
- [By WWW.THESTREET.COM]
Cramer was bearish on Ferrellgas Partners (FGP) , Realty Income (O) , Synergy Pharmaceuticals (SGYP) , Avis Budget Group (CAR) and HubSpot (HUBS) .
- [By Danny Vena]
There’s another area being driven by AI that may surprise you. The next time you text your bank, cellphone service provider, or retailer, the agent you’re dealing with might be a chatbot. This form of conversational AI is being more widely adopted to perform simple customer service tasks. According to research conducted by marketing technology vendor HubSpot, Inc. (NYSE:HUBS), of 1,426 respondents worldwide, 74% had used voice search in the prior month, and 63% of people using services based on AI technology didn’t even know it.
Best Dividend Stocks To Buy For 2018: Imprivata, Inc.(IMPR)
- [By Lisa Levin]
Shares of Imprivata Inc (NYSE: IMPR) got a boost, shooting up 31 percent to $19.01 as the company reached a definitive deal to be bought by an affiliate of Thoma Bravo, LLC, a private equity firm, for $544 million
Best Dividend Stocks To Buy For 2018: The Blackstone Group L.P.(BX)
- [By Money Morning Staff Reports]
At least if private-equity leviathan Blackstone Group LP (NYSE: BX) CEO Tony James has anything to say about it.
You see, James has a working theory about what to do with the U.S. retirement system that currently charges participants large 401(k) and 403(b) asset and consulting percentage fees…
- [By WWW.THESTREET.COM]
Private equity giant Blackstone (BX) on Saturday announced that Saudi Arabia would invest $20 billion in a new $40 billion infrastructure fund for projects mainly in the United States. On Sunday, Boeing (BA) said it had signed several defense and commercial deals with Saudi Arabia. Trump was referenced in both deal announcements.
- [By WWW.MONEYSHOW.COM]
Of the ten PE companies that I follow, Blackstone Group LP (BX) is by far and away the largest publicly traded private equity partnership with a $35 billion market cap, but also the best positioned to benefit from all the catalysts noted within.
- [By Matthew DiLallo]
Sanchez Energy’s stock has continued to run higher in 2017 and is up nearly 50% since the start of the year. Fueling that surge is the announcement that the company found an exceptional place to put its liquidity to work. In mid-January, the company unveiled a strategic partnership with a private equity giant, Blackstone Group (NYSE:BX), to acquire Anadarko Petroleum’s (NYSE:APC) Eagle Ford shale assets for $2.3 billion. Under the terms of the deal, Sanchez and Blackstone entered a 50-50 partnership to own the Anadarko assets, which consist of 155,000 net acres that currently produce 67,000 BOE/D and hold more than 4,000 drilling locations that are economic at current prices. Sanchez will finance its share of the deal with cash on hand, a new bank lending arrangement, and a preferred equity issuance to Blackstone’s credit arm.
- [By Dan Caplinger]
NCR’s first-quarter results were solid and continued the company’s positive momentum. Sales were up 2% to $1.48 billion, and while that was only a small gain, it was larger than the 1% rise that most investors were expecting. On a GAAP basis, NCR lost money during the quarter, but after excluding impacts from the company’s transaction with Blackstone Group (NYSE:BX), adjusted earnings of $0.56 per share were up by nearly half from year-ago levels and were stronger than the $0.46 per share consensus forecast among those following the stock.
- [By WWW.THESTREET.COM]
SeaWorld Entertainment (SEAS) is probably the most famous example of a company that’s suffered from animal cruelty allegations. Shares of the theme park operator, backed by Blackstone (BX) , have never recovered from the release of the 2013 documentary Blackfish, which argued that orca captivity is inhumane and dangerous to the human trainers of the orcas. SeaWorld announced in March that it would phase out its orca captivity, breeding and live shows. The company’s remaining whales, most of which were born in captivity, will live out their lives at the parks. The news sent SeaWorld shares soaring 9%, but continued attendance drops forced the company to slash its dividend and invest $175 million in new attractions.