Private Equity
Names on the move ahead of the open. : Travelers – The insurer reported quarterly profit of $2.54 per share, beating the consensus estimate of $2.26 a share. Revenue also topped Wall Street forecasts. Travelers saw growth in both personal and business insurance, as well as strong retention numbers. Blackstone – The private-equity firm's economic net income beat Street forecasts by 2 cents a share at 76 cents per share, while revenue was above estimates, as well. Assets under management surged 18 percent from a year ago to a record $457 billion.

In this article