NEW YORK (Reuters) - Blackstone said on Thursday its second-quarter distributable earnings rose 3% from a year earlier, as a jump in asset sales in its private equity and credit divisions more than offset a slump in its real estate arm. The New York-based investment firm's results underscore how a long spell of high interest rates has dragged down some...

07:14 AM EDT, 07/18/2024 (MT Newswires) -- BankUnited ( BKU ) reported Q2 earnings Thursday of $0.72 per diluted share, down from $0.78 a year earlier. Analysts polled by Capital IQ expected $0.65. Revenue for the quarter ended June 30, expressed as the sum of net interest income and noninterest income, was $250.2 million, compared with $239.4 million a year...

BEIJING/LONDON (Reuters) - Russia's Nornickel is in talks with several Chinese battery companies to build a plant jointly producing nickel material from Russian semi-finished products, three sources with knowledge of the matter told Reuters. CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel. The metals giant is in the...

07:17 AM EDT, 07/18/2024 (MT Newswires) -- Alaska Air ( ALK ) shares fell early Thursday after the airline narrowed its full-year earnings outlook due to a new tentative labor deal with flight attendants, while the company gave a downbeat bottom-line outlook for the third quarter. The company now expects earnings to be in the range of $3.50 to $4.50...