Electrical Equipment

Blackstone (NYSE:BX) is acquiring Arlington Industries, a company that designs and manufactures electrical products. • Blackstone shares are consolidating. What’s next for BX stock? Funds managed by Blackstone Energy Transition Partners, Blackstone’s energy-focused...

Julian Mitchell of Credit Suisse commented in a note that trends within the electrical equipment sector remain challenging. Mitchell's 2016 earnings per share estimates for the group are on average 3 percent below those of the Street. The analyst added that a "more muted" pricing and rising...