Shares of Blackstone Group LP (NYSE:BX) ended Thursday session in red amid volatile trading. The shares closed down -0.48 points or -1.75% at $26.93 with 3.84 million shares getting traded. Post opening the session at $27.59, the shares hit an intraday low of $26.66 and an intraday high of $27.59 and the price vacillated in this range throughout the day. The company has a market cap of $31.93 billion and the numbers of outstanding shares have been calculated to be 633.53 million shares.
On Sep 1, 2016 Hewlett Packard Enterprise ( NYSE : HPE ) completed the pending sale of its equity stake in Mphasis Limited, a publicly-listed IT services provider in Bangalore, to private equity funds managed by Blackstone ( NYSE : BX ), one of the world’s leading investment firms. Blackstone purchased 100% of HPE’s stake in Mphasis for INR 430 per share, or approximately $825 million.
In conjunction with the sale, HPE also entered into a five-year renewal of its existing master services agreement with Mphasis, whereby Mphasis will continue to provide strategic service delivery capabilities to HPE.
Shares of Metlife Inc (NYSE:MET) ended Thursday session in red amid volatile trading. The shares closed down -0.34 points or -0.78% at $43.06 with 6.62 million shares getting traded. Post opening the session at $43.45, the shares hit an intraday low of $42.64 and an intraday high of $43.94 and the price vacillated in this range throughout the day. The company has a market cap of $47.42 billion and the numbers of outstanding shares have been calculated to be 1.10 billion shares.
Metlife Inc (MET) announced that John C. R. Hele, executive vice president and chief financial officer, will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, Sept. 12, 2016, at approximately 2 p.m. (EDT).
A live audio webcast of the presentation will be available over the Internet at https://cc.talkpoint.com/barc002/091216a_js/?entity=38_GHM4QBW.
Those who want to listen via the Internet should go to the website at least 15 minutes prior to the presentation to download and install any necessary software.
A replay of the presentation will be available until Monday, Sept. 19, 2016, at 11:59 p.m. (EDT), at the same website beginning approximately four hours after the presentation concludes.