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BlackRock second-quarter earnings and revenue beat expectations

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BlackRock, the largest asset manager in the world, reported on Monday second-quarter earnings and revenue that surpassed analyst expectations. BlackRock said its stronger-than-expected revenue was driven in part by base fees, performance fees and "technology services revenue," while its higher-than-forecast profit got a boost from a lower corporate tax...


Larry Fink Interview Pic

Larry Fink To Square Up Against Jamie Dimon ?

Bill Rubin, BlackRock's senior investment analyst responsible for picking financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase right after the bank disclosed a trading loss that ultimately cost more than $6.2bn.