FYI: The world's biggest asset manager reported Wednesday morning that its third quarter earnings rose 10 percent, solidly beating expectations for the first time in three quarters. The company earned $5.78 per share -- analysts were expecting $5.54 per share. Its revenue of $3.2 billion also exceeded expectations for the first time in 15 months, and its shares rose $9.50, or 2 percent, to $475 in pre-market trading.
Regards,
Ted
https://www.bloomberg.com/gadfly/articles/2017-10-11/is-blackrock-the-amazon-com-of-investing
