BlackRock's third-quarter profit rises 15 percent
Oct 16 (Reuters) - BlackRock Inc, the world's largest money manager, said on Wednesday its third-quarter profit rose 15 percent, citing market growth and strong global demand from its retail and institutional clients.
The New York-based asset manager reported net income of $730 million, or $4.21 per share, up from $642 million, or $3.65 per share, a year earlier.
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