Free Site Registration

Blackstone's Profit Falls 77% in Quarter as Asset Sales Slow

Economic net income, a measure of earnings that reflects both realized and unrealized investment gains, dropped to $370.7 million from $1.62 billion a year earlier.

Traders Magazine Online News, April 21, 2016

David Carey and Devin Banerjee

Economic net income, a measure of earnings that reflects both realized and unrealized investment gains, dropped to $370.7 million, or 31 cents a share, from $1.62 billion, or $1.37, a year earlier.

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?