In 2Q17, Blackstone Group (BX) had a gross return of 1.5% in performing credit and a gross return of -1.2% in distressed strategies.
In 2Q17, Blackstone Group (BX) saw inflows of $2.0 billion to its hedge fund solutions division.
The carrying value of Blackstone’s (BX) opportunistic funds in its real asset division rose 5.4% in 2Q17.
Blackstone’s (BX) private equity funds rose 2.8% in 2Q17, mainly due to strong underlying fundamentals in the company’s private equity portfolio.
Blackstone Group (BX) reported economic net income of $705.0 million in 2Q17, which reflects a substantial rise of 36.0% on a YoY (year-over-year) basis.
ArcelorMittal (MT) generated a net income of $1.3 billion in 2Q17, which translates into EPS (earnings per share) of $1.30.
ArcelorMittal reported revenues of $17.2 billion in 2Q17. The company posted revenues of $16.0 billion in 1Q17 and $14.7 billion in 2Q16.
In this series, we’ll analyze ArcelorMittal’s 2Q17 financial results and look at the different factors that drove the company’s financial performance during the quarter.
Since January 17, 2017, TechnipFMC’s stock price has decreased 22% through July 26.
FTI’s Subsea segment’s 2Q17 operating income decreased ~10% over 2Q16.
TechnipFMC (FTI) released its 2Q17 financial results on July 26. FTI recorded total revenues of ~$3.8 billion in 2Q17, up 62% from ~$2.4 billion recorded in 2Q16.
DuPont’s (DD) Industrial Biosciences segment accounted for 5.30% of DuPont’s overall revenue in 2Q17—compared to 5.0% in 2Q16.
DuPont’s Electronics and Communications segment continued its strong performance in 2Q17. The segment contributed more to DuPont’s overall revenue.
DuPont’s (DD) Protection Solutions segment accounted for 10.80% of DuPont’s overall revenue in 2Q17—compared to 11.10% in 2Q16.
DuPont’s (DD) Nutrition and Health segment is the company’s third-largest revenue generator. The segment accounted for 11.0% of DuPont’s revenue in 2Q17.
In 2Q17, DuPont’s Performance Materials segment reported revenue of $1.38 billion—a increase of 3.40% on a YoY (year-over-year) basis.
DuPont’s (DD) Agriculture segment accounted for 46.40% of the company’s revenue in 2Q17—compared to 45.60% in 2Q16.
DuPont (DD) reported revenue of $7.42 billion in 2Q17—an increase of 5.10% on a year-over-year basis. In 2Q16, DuPont reported revenue of $7.06 billion.
DuPont (DD) announced its 2Q17 earnings on July 25, 2017, before the market opened. DuPont reported operating EPS (earnings per share) of $1.38.
In the senior gold mining space (GDX), analysts are most bullish on Newmont Mining (NEM), which has “buy” ratings from 58.0% of its analysts.