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BlackRock Profit Misses As Market Turmoil Hits Bottom Line

FYI: BlackRock Inc (BLK.N), the world’s largest asset manager, reported lower-than-expected quarterly profits on Wednesday, as price cuts and market turmoil overshadowed strong sales of relatively low-cost funds.
Regards,
Ted
https://www.reuters.com/article/us-blackrock-results/blackrock-profit-misses-as-market-turmoil-hits-bottom-line-idUSKCN1PA1BH
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