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Blackstone Chief Steve Schwarzman Earned $425 Million

According to a detailed and extensive analysis by Bloomberg, Blackstone Group L.P. (NYSE: BX) CEO Steve Schwarzman earned $425 million last year, which put him at the top of payouts for private equity investors. 207 more words

Investing

Gigantic Insurance and Financial Trades Highlight Insider Selling: Ameriprise, Harley Davidson, Validus and More

Despite a slow Friday, it was another solid week for the markets, and insiders continue to sell shares steadily. While the volume has dropped from what we saw over the past two weeks, the selling pace has remained intact. 513 more words

Investing

Choosing Up Sides in the Border Tax Battle

What should we expect out of Friday’s meeting between U.S. business leaders and President Donald Trump? Trump’s business advisory council, chaired by Blackstone Group L.P.’s (NYSE: BX) Stephen Schwarzman, is populated by such luminaries as International Business Machines Corp. 509 more words

AAPL

Recap on Earnings Projections: Who were the Big Winners and What's to Come?

Earnings reports had the Street on their toes this week. Major players such as Alibaba ($BABA), Lockheed Martin ($LMT), and Johnson and Johnson ($JNJ) all brought surprises. 274 more words

Markets

Secret Garage: Citroën BX 4TC

Back in the 80’s, the World Rally Championship was one of the biggest events in motorsports thanks to the creation of the Group B. The main manufacturers in WRC were Lancia, Audi and Peugeot, with Renault, Porsche, Toyota, Ford and Opel as strong contenders in some rallyes. 474 more words

Secret Garage

Top Analyst Upgrades and Downgrades: Amex, Goldman Sachs, Illumina, PayPal, Trivago, Williams Companies and More

Stocks have yet to hit the sentimental Dow 20,000 mark, and futures were indicated lower on Tuesday. The post-election rally has continued and investors are looking for value and growth opportunities in 2017. 772 more words

Investing

Why 2017 to 2018 Could Be Boom Time for Private Equity

With the bull market nearing eight years old, it has been impossible to ignore the stock market rally since the election in November. Investors are cheering that the Dow Jones Industrial Average has been challenging 20,000. 916 more words

Banking & Finance