Search the Newsreel

Blackstone weighs scrapping $3bn ’Project Eclipse’ CFO, Bloomberg reports

Investing.com - Blackstone Inc. is weighing whether to abandon a $3 billion collateralized fund obligation after failing to find buyers for the deal's riskiest slice, Bloomberg reported on Wednesday. The news sent shares of Blackstone (NYSE: BX) lower, with the stock trading at $145.37, …

Blackstone considers scrapping $3B stakes-for-cash deal - report (BX:NYSE)

Blackstone is reportedly considering abandoning its plan to sell approximately $3 billion in debt, which was intended to return cash to investors. This development was reported on Wednesday.

Blackstone strikes $1.8 billion deal for Air Canada division

Blackstone Inc. and a consortium of Canadian pension funds have acquired a 25% stake in Air Canada's Aer

RXT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Rackspace Technology Securities Lawsuit - Contact Levi & Korsinsky

Levi & Korsinsky, LLP has filed a securities class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its full-year 2026 …

Why fast food chains like McDonald's and Starbucks are going all in on energy drinks

Fast food chains in search of a sales pick-me-up are back to rolling out energy drinks. The research New research from Citi restaurant analyst Jon Tower on Wednesday easily explains the energy drink push by fast food giants. Here are a few key findings …

Price to book forward of Blackstone Digital Infrastructure Trust Inc. – NYSE:BXDC

This article provides the title for a financial data point: "Price to book forward of Blackstone Digital Infrastructure Trust Inc. – NYSE:BXDC." It appears to be a stub or a title for a data page from TradingView, lacking any actual content beyond the title …

Starbucks Corporation $SBUX Shares Sold by KMG Fiduciary Partners LLC

Operating income of Blackstone Digital Infrastructure Trust Inc. – BOATS:BXDC

This article provides financial information for Blackstone Digital Infrastructure Trust Inc. (BXDC) on TradingView. It specifically highlights the operating income for the company, indicating various periods, values, and percentage changes. The content is presented within the context of market data and financial tools provided …

Gopal Snacks Standalone June 2026 Net Sales at Rs 422.32 crore, up 31.08% Y-o-Y

Renaissance Technologies LLC Raises Holdings in Rackspace Technology, Inc. $RXT

Renaissance Technologies LLC increased its stake in Rackspace Technology, Inc. by 14% in the first quarter, bringing its total holdings to 2.04 million shares valued at approximately $2 million. This move is part of broader institutional investor activity, with hedge funds and other institutions …

First Tracks Biotherapeutics Ord Shs (TRAX) Earnings Forecast: Future EPS & Revenue Growth Estimates

Starbucks Is Set To Report Q2 Earnings Soon – Three Analysts Have Already Raised Their Price Targets This Week

Rackspace Technology (RXT) Stock Sinks As Losses Deepen And Margins Thin

Rackspace Technology's stock fell by 8.0% after its Q2 2026 earnings report revealed deepening losses and thinning margins, despite a slight revenue increase. The company's pivot to AI and managed cloud services is in early stages, with higher margin AI services not yet significantly …

Rackspace’s AI push widens its quarterly loss as revenue growth slows

Rackspace Technology Inc. is heavily investing in artificial intelligence to revitalize its business, leading to an expanded quarterly net loss of $67.5 million despite a slight revenue increase to $670.1 million. The company plans to spend approximately $75 million on the initial phase of …

Canadian REIT to be sold to Blackstone-backed company for $3.4 billion and broken up

GO Residential Real Estate Investment Trust, backed by Blackstone Inc. and other investors, has agreed to acquire H&R REIT for approximately $3.4 billion in a cash-and-units deal. This transaction will lead to the breakup of H&R REIT, a company that has been undergoing restructuring …

Jackson Acquisition (NYSE: JACS) posts Q2 income but flags going concern risk

Air Canada sells 25% stake in Aeroplan to Blackstone, La Caisse for $2.5 billion

Air Canada reported a net loss of $178 million in the second quarter, despite a rise in revenue to $6.3 billion. Concurrently, the airline announced a $2.5 billion minority equity investment in Aeroplan Inc. by funds managed by Blackstone, La Caisse, and others, who …

News | Canadian REIT to disappear in breakup deal that includes Blackstone funds, US properties

H&R REIT, one of Canada's largest and oldest real estate investment trusts, is slated for a multi-billion dollar breakup. The deal involves funds from Blackstone, the world's largest commercial real estate owner, and GO Residential REIT. This move will see H&R REIT's holdings divided …

Rackspace Technology, Inc. Class Action Lawsuit Seeks Recovery for Investors; September 28, 2026, Deadline - Contact Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP has filed a securities fraud class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made materially false or …

Rackspace Technology, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:RXT) 2026-08-11

Key Points Interested in Rackspace Technology, Inc.? Here are five stocks we like better. Rackspace reported Q2 revenue of $670 million, up 1% year over year, while maintaining 2026 guidance and forecasting positive full-year free cash flow of $50 million to $70 million. The …

Rackspace Technology (RXT) AI Push Keeps Valuation In Focus After Earnings And Lawsuit

Kaplan Fox Encourages Rackspace Technology, Inc. (NASDAQ: RXT) Investors Seeking Recovery to Contact the Firm Before September 28, 2026

Kaplan Fox & Kilsheimer LLP has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its enterprise AI …

Blackstone Digital (BXDC) Q2 2026 Earnings Call

Image source: The Motley Fool. DATE Tuesday, Aug. 4, 2026 at 9 a.m. ET CALL PARTICIPANTS Vice President, Shareholder Relations - Timothy Hayes President and Chief Executive Officer - Nick Pell Chief Investment Officer - Mike Forman Chief Financial Officer - Tony Marone Executive …

Air Canada Hits Five-Year High as Analysts Talk Up Blackstone Deal

Air Canada shares reached a five-year high after Bloomberg News reported that Blackstone Inc. is close to acquiring a minority stake in its Aeroplan loyalty program for approximately $2 billion. Analysts believe this potential deal suggests a higher valuation for Aeroplan than previously recognized …

Rackspace: Already Generating Healthy Profit, AMD/Palantir Monetization Ahead (NASDAQ:RXT)

Rackspace (RXT) is highlighted as an attractive AI infrastructure play due to its recurring revenue model and strategic partnerships with companies like Palantir and AMD. The article points to RXT's strong Q2 results, favorable revenue mix shift towards private cloud, and healthy adjusted EBITDA …

Rackspace outlines 30-megawatt AMD AI deployment by end of 2028, targeting $450M-$600M annual revenue

Earnings Call Insights: Rackspace Technology (RXT) Q2 2026 MANAGEMENT VIEW * "I want to start by reviewing our progress toward a clear strategic goal, becoming the accountable provider and operator of the full enterprise AI stack from core to cloud to edge" (CEO & …

Blackstone hired a Goldman Sachs MD from the team schmoozing private credit firms

Blackstone has hired Anna Montvai, a managing director from Goldman Sachs's capital solutions group, to join its credit and insurance team in London. Montvai, who specializes in asset-backed finance and securitization, spent 16 years at Goldman Sachs. This move highlights the ongoing talent flow …

Rackspace Technology Q2 Earnings Call Highlights

Key Points Interested in Rackspace Technology, Inc.? Here are five stocks we like better. Rackspace reported Q2 revenue of $670 million, up 1% year over year, while maintaining 2026 guidance and forecasting positive full-year free cash flow of $50 million to $70 million. The …

The Gross Law Firm Reminds Rackspace Technology, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of September 28, 2026 - RXT

The Gross Law Firm is reminding investors of Rackspace Technology, Inc. (NASDAQ: RXT) about a pending class action lawsuit with a lead plaintiff deadline of September 28, 2026. The lawsuit alleges that Rackspace made materially false and/or misleading statements regarding its business operations, particularly …

Rackspace Technology (NASDAQ:RXT) Shares Gap Up on Better-Than-Expected Earnings

Rackspace Technology (NASDAQ:RXT) saw its shares gap up following a better-than-expected earnings report, with revenue exceeding estimates and a narrower-than-anticipated loss per share. Despite the positive surprise, analysts maintain a cautious "Reduce" rating due to ongoing AI-related uncertainties and significant legal risks from securities-fraud …

Almost all top US companies, including Starbucks, Alphabet, had board diversity rules. Now most are gone

A new analysis by ESGAUGE reveals that 61 S&P 100 companies, including Apple, Alphabet, Amazon, Starbucks, and Wells Fargo, have eliminated explicit diversity criteria for future board members since 2023. This widespread rollback signals a significant retreat from diversity, equity, and inclusion (DEI) initiatives …

Jackson Acquisition Company II Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026

Jackson Acquisition Company II (JACS) reported its earnings for the second quarter and first six months ended June 30, 2026. For the second quarter, the company's net income was $1.98 million, a decrease from $2.32 million in the prior year. The net income for …

Earnings call transcript: Rackspace Technology misses Q2 2026 estimates but gains on AI push

Rackspace Technology reported a wider-than-expected loss and slightly missed revenue forecasts for Q2 2026, yet its stock rose due to investor optimism about its strategic shift towards enterprise AI infrastructure. The company plans a significant AMD-backed AI deployment, projecting substantial future revenue, and is …

Is BlackSky Technology (BKSY) Outperforming Other Business Services Stocks This Year?

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is BlackSky Technology Inc. (BKSY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. BlackSky Technology …

(JXN) Volatility Zones as Tactical Triggers

This article from Stock Traders Daily analyzes Jackson Financial Inc. Class A (NYSE: JXN), indicating strong sentiment across all time horizons. It highlights compelling upside potential with no resistance levels above the current price and outlines three AI-generated trading strategies: Position Trading, Momentum Breakout, …

Prataap Snacks to attend Emkay Confluence 2026 on August 14