Monday, April 25, 2011
Blackstone blows out earnings
The Blackstone Group�(BX)�this morning reported its best quarterly earnings since going public four years ago. Second straight quarter they've done that. The headline number is $568 million in "economic net income," up 10.7% from $513 million in Q4 2010 and 58% from $360 million in Q1 2010.�Adjusted ENI was 51 cents per share, above analyst [...]
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