BlackRock profit rises on strong investor demand
July 18 (Reuters) - BlackRock Inc, the world's largest money manager, reported a higher second-quarter profit on Thursday, citing strong global demand from its retail and institutional clients and growth in markets.
Net income at the New York-based company totaled $729 million, or $4.19 per share, up from $554 million, or $3.08 per share, a year earlier.
- U.S.' Kerry expresses regret to India over diplomat case |
- Washington, DC city council raises minimum wage to $11.50/hr in 2016
- China confirms near miss with U.S. ship in South China Sea
- Mega Millions winners in Georgia, California to split $648 million |
- Medical bills underlie 60 percent of U.S. bankrupts: study