: Carlyle Group stock drops after firm posts loss amid ‘complex’ economic backdrop
Carlyle Group Inc. CG stock was down 6.4% in premarket trades on Wednesday after the private equity firm swung to a second-quarter loss.. Carlyle Group CG said it lost $88.4 million, or 27 cents a share, in the three months ended June 30, while in the year-ago quarter it reported net income of $245.4 million, or 67 cents a share. Second-quarter revenue fell to $462.1 million from $1.05 billion. Fee-related earnings fell 12% to $207 million. Assets under management increased by 1% from the prior quarter to $385 billion. Читать дальше...