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Actionable news in BX: THE BLACKSTONE GROUP L.P,

Blackstone Shares Down After Earnings Miss

Shares of Blackstone (BX - Get Report) are down 2% Thursday morning after the alternative asset management firm unveiled first quarter earnings that came in below analysts' estimates.

Amid the market turbulence, economic net income--a measure of profits that includes unrealized gains on investments--fell 77% to $370.7 million, or 31 cents per unit. Analysts had forecast 37 cents, according to Thomson...


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