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Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump

Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump

Stephen Schwarzman, founder and CEO of the giant U.S. private-equity firm Blackstone, was already one of the world's richest men. But after an announcement that the partnership will convert to a stock corporation sparked the biggest one-day rally in its publicly traded units, Schwarzman is immediately $573 million richer on paper.

7 Monthly Dividend Stocks for Income Investors

7 Monthly Dividend Stocks for Income Investors

Income-seeking investors on the hunt for stocks that pay out monthly dividends will not be disappointed, with some solid firms to choose from.

Market Movers: Q1 Tech Earnings

Market Movers: Q1 Tech Earnings

Can big tech stocks beat expectations and lead U.S. stocks?

Blackstone Shares Jump on Plan to Convert Partnership Units Into Stock

Blackstone Shares Jump on Plan to Convert Partnership Units Into Stock

The private-equity firm says the conversion will allow investors to buy its shares without creating the need for a Schedule K-1, an Internal Revenue Service tax form that's used to report earnings from partnerships.

Despite an Attractive Yield, There's Reason to Be Wary of This Dividend Stock

Despite an Attractive Yield, There's Reason to Be Wary of This Dividend Stock

The company is facing increasing competition from a host of mobile apps for its core business.

As Morgan Stanley Regains Its Footing, Pressure on Its Stock Should Subside

As Morgan Stanley Regains Its Footing, Pressure on Its Stock Should Subside

With the bar set low ahead of earnings day, Morgan Stanley's all-around beat will likely serve as encouragement for investors to set aside concerns that had started to mount in the latter part of 2018.

Citigroup Dominates Wall Street With Least-Bad Results Amid Trading Slump

Citigroup Dominates Wall Street With Least-Bad Results Amid Trading Slump

Citigroup produced the best trading results during the first quarter, with the least-bad performance during a period marred by lackluster client activity, the prolonged U.S. government shutdown and nagging uncertainties about the trajectory of the global economy. The 2018 leader, Goldman Sachs, slipped to last place.

Striking Options: Gold Drops and New Highs in Equities

Striking Options: Gold Drops and New Highs in Equities

Strong earnings lift DJIA.

Amazon, Visa and Caterpillar Report Earnings Next Week - Here's What to Expect

Amazon, Visa and Caterpillar Report Earnings Next Week - Here's What to Expect

Some major names report earnings next week. Find out what Wall Street analysts have to say about their prospects.

Novice Trade: JPMorgan Chase

Novice Trade: JPMorgan Chase

JPM's IV is sitting at a 52-week low, while the stock looks pretty strong.