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3 pts

Opinion on  Blackstone (BX)
Blackstone more than triples earnings

Aug 15, 2007 06:16 AM GMT
Return Risk
-20.79% HIGH
Tracked Blogger

Fundamental Analysis  
Via knighttrader.blogspot.com/:  

Blackstone Group more than tripled its quarterly profits and revenue Monday, helped by strength in its real estate and private equity divisions.

The New York-based firm reported net income of $774.4 million for the second quarter ending June 30, up from $224.1 million a year ago. Revenue surged to $975.3 million from $324.6.





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BX:  This call was made on 08/15/07 @ $24.4
Rating:   Positive   $24.4 (08/15/07)
Gain/Loss:   -36.07% in 818 days


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