Wells Fargo & Co lowered Blackstone's Target Price to $180.
Gelonghui, January 15 | Wells Fargo & Co: Downgraded Blackstone's Target Price from $195 to $180, maintaining a "Neutral" rating. (Gelonghui)
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Express News | Blackstone Inc. : Wells Fargo Cuts Target Price to $180 From $195
Blackstone, KKR Among 12 Firms To Pay $63 Million To SEC After Recordkeeping Violations
The USA SEC fined 12 companies $63 million for improperly using communication tools.
The USA Securities and Exchange Commission (SEC) announced on Monday that 12 investment advisory and brokerage firms, including Blackstone, KKR, Apollo Global Management, and Charles Schwab affiliates, will pay a total of over $63 million in fines for failing to track employees' use of unauthorized communication platforms. The settlement agreement announced on Monday expands the SEC's crackdown on Wall Street professionals who once freely used text messages and other business communication applications, which should have been monitored and archived by employers. The SEC stated in a press release that in the latest round of investigations, nine investment advisory firms and three brokerage firms...
SEC Reaches $63M Settlement With 12 Firms Over Recordkeeping Charges
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Barclays Maintains Blackstone(BX.US) With Hold Rating, Cuts Target Price to $192