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Carlyle: Q1 Earnings Snapshot

WASHINGTON (AP) — WASHINGTON (AP) — The Carlyle Group Inc. (CG) on Thursday reported a loss of $132.2 million in its first quarter.

The Washington-based company said it had a loss of 37 cents per share. Earnings, adjusted for non-recurring costs, were 89 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.

The asset management firm posted revenue of $254 million in the period. Its adjusted revenue was $750.9 million, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $898.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CG at https://www.zacks.com/ap/CG

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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