Blackstone’s Profit Fell 74 Percent in Q2VW Staff
The Blackstone Group L.P. (NYSE:BX) declared a troubled second quarter result as net earnings, defined by the firm as ‘economic net income after taxes,’ tumbled 74 percent to $212.3 million from $804.2 million last year, as reported in dealbook. Blackstone is the world’s largest private equity firm.
Earnings per share at $0.19 also . . .
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