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August 8, 2019
Optimistic investors spent Thursday driving up the price of shares in Uber in anticipation of the company's 2Q earnings. Once the results arrived, though, it was a very different story.
May 2, 2019
A 2017 federal tax law dropping the highest US corporate tax rate from 35% to 21% made it feasible for public PE firms to turn themselves into corporations. Now, Apollo is making the switch.
February 6, 2019
In an effort to make their earnings more transparent, publicly traded private equity firms have started touting distributable earnings as the metric that best measures success. Carlyle passed its latest test.
February 1, 2019
KKR reported a 4Q loss of hundreds of millions of dollars on Friday, but the firm outperformed some of its rivals in another key metric.
October 31, 2018
The final day of October brought some unexpected 3Q numbers for two of the biggest names in private equity.
October 25, 2018
KKR's decision to switch to a corporate tax structure at the end of 1H had a positive impact on the firm's 3Q results.
October 18, 2018
When Blackstone announced plans to raise a $40 billion infrastructure fund, the Public Investment Fund of Saudi Arabia pledged $20 billion. That won't change despite the kingdom's alleged misdeeds.
September 19, 2018
The PE industry by nature doesn't divulge much about its performance, but thanks to quarterly reporting requirements, four public PE heavyweights have to reveal more. Here's how they fared in 2Q.
August 16, 2018
Uber has reported that its 2Q revenue increased about 8% QoQ to $2.7 billion, while gross bookings rose just about 6% to $12 billion. The ridehailing company's adjusted losses, meanwhile, totaled...
August 8, 2018
Shares of Snap (NYSE: SNAP) popped briefly in after-hours trading Tuesday in anticipation of the company's earnings report, but the Snapchat operator's stock price returned to within a few cents of...
August 2, 2018
Apollo Global Management bounced back from a 1Q in which the firm posted its first quarterly loss in two years. But it didn't bounce quite as far as industry observers expected.
For a brief but brilliant moment on August 2, Apple became the first publicly traded US company to achieve a market cap of $1 trillion. How did we get here?
August 1, 2018
The Carlyle Group has announced YoY declines in distributable earnings and ENI but an increase in AUM and performance revenues in its 2Q earnings report.
July 26, 2018
In its 2Q earnings, KKR reported major YoY gains in its operating performance, thanks in large part to selling stakes in GoDaddy and Gardner Denver.
July 24, 2018
Pinterest is on pace to double its revenue this year to about $1 billion, per a CNBC report. The social media and visual search company expects to debut on the public markets in 2Q 2019,...
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