Carlyle Reports Sharply Lower Fourth-Quarter Earnings 
 

The firm's net income fell during the fourth quarter, but its assets under management grew to $373 billion

 
KKR's Earnings Tumble, But Not as Much as Expected 
 

KKR & Co. stemmed losses in its private-equity holdings during the fourth quarter to close out a difficult year.

 
DuPont Earnings Beat Estimates but the Stock Drops. It's the Outlook. 
 

The company posted fourth-quarter adjusted earnings of 89 cents a share from $3.1 billion in sales. Wall Street was looking for earnings of 78 cents on sales of $3.1 billion.

 
Japan Ends Multibillion-Dollar Bid to Enter Passenger-Jet Market 
 

Mitsubishi Heavy pulled the plug on the project, which swallowed billions of dollars and 15 years in a fruitless bid to take a chunk of the U.S. market.

 
Meta Plans to Open Horizon Metaverse App for Teen Use 
 

Facebook parent Meta's new strategy for its fledgling Horizon Worlds metaverse app includes opening it up to teens aged 13 to 17.

 
Robinhood Hits Back at SEC, Warns of Threat to Zero-Commission Trading 
 

The regulator's proposals would crimp payment for order flow, a key source of the brokerage's revenue.

 
Armada Hoffler Plans Private Bond Sales After Securing First Credit Rating 
 

The REIT wants to reduce the proportion of its debt tied to variable rates from its current 55% to about 10% over the next five to 10 years, the CFO says.

 
CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health 
 

The deal, which could be announced this week, would expand the health insurer and pharmacy chain's role in medical care.

 
Adani Companies Report Profits, Easing Market Rout 
 

Shares of some companies owned by India's Adani Group rallied Tuesday, showing investors had a mixed view of the embattled conglomerate.

 
Apollo in Talks to Take Stake in Credit Suisse Unit 
 

An investment in CS First Boston would represent another level of commitment from Apollo, which had previously agreed to take over Credit Suisse's securitized-products group.

(END) Dow Jones Newswires

February 07, 2023 09:15 ET (14:15 GMT)

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