Private equity firm Carlyle Group LP reported an 18 percent fall in quarterly profit as compensation costs rose.First-quarter economic net income (ENI), a measure of profitability that takes into account the market value of assets, fell to $321.9 million.On a post-tax basis, the ENI was 85 cents per adjusted unit, below the average analyst estimate of $1.01 cents, according to Thomson Reuters I/B/E/S.Distributable earnings, which includes both management fees and performance fees and shows cash available to pay dividends, rose 7.2 percent to $183.3 million on a pre-tax basis.
Shares of CG traded higher by 0.38% or $0.13/share to $34.21. In the past year, the shares have traded as low as $23.85 and as high as $39.38. On average, 745960 shares of CG exchange hands on a given day and today's volume is recorded at 508646.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.52% or $0.18/share to $34.83. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 847453 shares of TRI exchange hands on a given day and today's volume is recorded at 1290462.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.16% or $-0.06/share to $38.15. In the past year, the shares have traded as low as $33.08 and as high as $42.10. On average, 964374 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 664641.
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