BlackRock Now Has Close to $10 Trillion Under Management

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

BlackRock's profit rose on new money coming into the giant asset-management firm, showing investors are becoming more confident in the economic recovery

BlackRock Inc.’s second-quarter profit rose 14% on new money coming into the giant asset manager, a sign that investors are becoming more confident about an economic recovery.

The company posted a quarterly profit of $1.378 billion or $8.92 a share, up from $1.214 billion or $7.85 a shareIts assets under management rose 30% to $9.5 trillion, from $7.3 trillion a year earlier, cementing its dominance as the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BaubleBar's $10 sale is finally here — we found the cutest pieces to shopThe brand's annual 'Now and Ten' event is back and full of styles perfect for summer.
Source: TODAYshow - 🏆 389. / 55 Read more »

Democrats Hone Price Tag for Climate and Antipoverty PackageSenate Democrats were locked in debate Monday over the price tag of a package including climate provisions, child care and other programs they plan to squeeze through the chamber later this year without any GOP support Dear TSA FAANews below is a pic of the texasdemocrats FLEEING GovAbbott and in A TEMPORARY FASHION ONLY preventing LEGISLATION- but PER POTUS CDCgov ALL FLIGHT PASSENGERS MUST WEAR A MASK. Here is PROOF of do as i SAY & NOT AS I DO replouiegohmert SenTedCruz MSNBC Democrat state representatives fleeing Texas to deny the Republican majority a quorum are setting a precedent for when the United States Senate Republicans do the same thing to thwart Biden‘s legislation.
Source: WSJ - 🏆 98. / 63 Read more »

Eating on a Budget Doesn’t Get Better Than This Corn and Coconut SoupThis easy, summery corn soup makes four servings of big flavor for less than $10\u2014and it's perfect for busy weeknights, too. Soup 🍜
Source: PreventionMag - 🏆 141. / 63 Read more »

Stocks making the biggest moves premarket: Bank of America, BlackRock, Delta, Peloton and moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Senate Democrats unveil $3.5 trillion budget proposalCNBC's Ylan Mui reports on the Senate Democrat's $3.5 trillion budget proposal. The money would be spent over the coming decade, paving the way for their drive to pour federal resources into climate change, health care and family service programs sought by President Joe Biden. ylanmui Say “GameStop” today… just once. It feels great 💎🙌
Source: CNBC - 🏆 12. / 72 Read more »

Senate Democrats announce agreement on $3.5 trillion top line for sweeping budget packageThe Democrats on the Senate Budget Committee announced Tuesday that they have agreed on a top-line number of $3.5 trillion to spend in a wide-ranging package that will serve as the resolution framework to begin the budget reconciliation process. Are the republicans still taking credit for Stimulus when not ONE voted on the bill. The U.S. is over 20 trillion in debt. We don't have 1 cent, much less 3.5 trillion for dumb programs. Find a way to end or productively modify the filibuster. Then take the chance rather than lose the opportunity.
Source: CNN - 🏆 4. / 95 Read more »