January 17, 2013 at 08:55 AM EST
ETFs Boost BlackRock’s Quarterly Profit
BlackRock (NYSE: BLK) on Thursday reported higher fourth-quarter earnings, boosted its dividend and expanded its share buyback program as the ETF business continue to drive its bottom line. The asset manager said its iShares ETF lineup attracted net inflows of $35.7 billion in the quarter. The...
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