BlackRock quarterly profit falls 20 percent
BlackRock Inc (BLK.N), the world’s largest asset manager, posted a 20 percent drop in first-quarter profit amid a dramatic reversal in financial markets. The New York-based company’s net income fell to $657 million, or $3.92 per share, in the three months ended March 31, from $822 million, or $4.84 per ... Read More »