STX

Blackstone’s $69 bln REIT curbs redemptions in blow to property empire

NEW YORK, December 2 (Reuters) – Blackstone Inc. (BX.N) limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a spike in redemption requests, an unprecedented blow for a franchise that has helped it grow into an asset management giant. The brakes came because redemptions hit pre-set limits, rather than …

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Wall Street mixed; Dow pressured by selloff in Salesforce shares

Salesforce drops co-CEO exit plan Dollar General falls on the reduction of its annual profits U.S. manufacturing declines for the first time in 2.5 years in November Indices: S&P 500 -0.09%, Nasdaq +0.14%, Dow -0.59% Dec 1 (Reuters) – Wall Street was mixed on Thursday as a selloff by Salesforce weighed on the Dow Jones, …

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Wall Street rises as Fed signals slowdown in rate hikes

Growth stocks rebound as Treasury yields fall Tesla leaps as Citigroup modernizes Nordstrom falls on reduced earnings forecast Dow Jones Industrial closed at the highest level since April Dow up 0.28%, S&P 500 up 0.59%, Nasdaq up 0.99% Nov 23 (Reuters) – Major Wall Street indexes ended Wednesday with strong gains after minutes from the …

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Stocks churn ahead of Fed minutes as oil tumbles on price cap plan

Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …

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Wall Street drops as hawkish Fed official comments weigh

Fed’s Bullard backs further rate hikes Data shows that the US labor market remains tight Cisco shares rise after Co raises full-year outlook Macy’s jumps on raising its earnings forecast Indices down: Dow 0.02%, S&P 0.31%, Nasdaq 0.35% Nov 17 (Reuters) – Wall Street’s major indexes ended slightly lower on Thursday in a choppy session …

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Gamers lament end of Warcraft in China as Blizzard and NetEase part ways

November 17 (Reuters) – Blizzard Entertainment (ATVI.O) and NetEase (9999.HK) caused consternation among thousands of gamers on Thursday by saying hits such as ‘World of Warcraft’ will not be available in China from next year as a 14-year partnership ended. NetEase shares closed 9% lower in Hong Kong after Blizzard said it was unable to …

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Amazon laid off some devices unit staff as it targets 10,000 cuts

November 16 (Reuters) – Amazon.com Inc. (AMZN.O) said on Wednesday it laid off some employees in its device group, with a person familiar with the company saying it was still targeting around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since news outlets including Reuters announced its layoff …

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Wall Street ends lower as investors gauge Fed’s policy path

Losses accelerate as choppy session ends Fed’s Brainard signals slower rate hikes ahead Real estate, the main discretionary declines of the S&P sector Biogen and Lilly rise up over failure of Roche’s Alzheimer’s drug Indices down: Dow 0.63%, S&P 500 0.89%, Nasdaq 1.12% Nov 14 (Reuters) – Wall Street’s major indexes ended lower on Monday, …

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