Blackstone Earnings Fall as Firm Misses Asset Target

Blackstone Inc.’s net income fell during the fourth quarter, and the investing giant’s assets under management came in shy of the $1 trillion target it expected to reach in 2022 as fundraising weakened in some of its strategies aimed at individual investors.

The New York investment firm reported net income of $557.9 million, or 75 cents a share, compared with a profit of $1.4 billion, or $1.92 a share, during the same period a year earlier.

I guess ESG is not that profitable.

I guess grabbing single family homes up and then gouging renters didn’t go so well.

Good!

🔯🥱the unpopular opinion is why american of government..not give robert downeyjr..tony stark office..'where is entertainment side'.i always believe....marck zuckerberg family safe.but uh..now my business with qatar..merried with someone girl..from there...for OWN TWITTER!😅🔯

When I hear Democratic Congress members talk about taxing major corporations or wealthy persons, they always seem stay away from and leave out mentioning companies like Blackstone, BlackRock and Vanguard in their political spiel.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blackstone's earnings fall 41% as assets sales slumpBlackstone Inc said on Thursday its fourth quarter distributable earnings fell 41% year-on-year as the world's largest manager of alternative assets cashed out fewer investments across its key portfolios. That's a shame.gif should read 'asset sales' Try biscuitstone thebiscuitproject
Source: Reuters - 🏆 2. / 97 Read more »

STOCK MARKET NEWS: Futures decline, Microsoft shares fall, Twitter ads fallMicrosoft shares fall in premarket trading following results. Oil refining margins rise due to outages. Gas prices keep gaining. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Hey Stuart, tell us more about how “remarkably well” Palo Alto Networks has performed in “the last 6 months.”
Source: FoxBusiness - 🏆 458. / 53 Read more »