July 16, 2014 / 10:41 AM / 3 years ago

BlackRock's second-quarter profit rises 11 percent

NEW YORK, July 16 (Reuters) - BlackRock Inc, the world’s largest money manager, said on Wednesday that its second-quarter profit rose 11 percent, boosted by strong markets that helped drive flows into its products across asset classes.

The New York-based asset manager reported net income of $808 million, or $4.72 per share, up from $729 million, or $4.19 per share, a year earlier. (Reporting by Ashley Lau in New York; Editing by Lisa Von Ahn)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below