Topic: BlackRock Inc.
BlackRock 4Q profit leaps on BGI acquisition
AP News
<div id="subtitle">BlackRock posts 4th-qtr profit nearly 4 times higher, boosted by Barclay's Global acquisition</div><div><p>BlackRock said Wednesday its fourth-quarter profit surged nearly fourfold due to its $13.5 billion acquisition of Barclays Global Investors last year ...
BlackRock earnings surpass estimates
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - BlackRock Inc's &lt;BLK.N&gt; fourth-quarter earnings report gave investors an indication of the jolt the world's biggest asset manager may get from its move into exchange-traded funds following its December 1 acquisition of Barclays Global ...
PNC 4Q profit rises despite growing loan losses
AP News
<div id="subtitle">PNC 4Q profit rises on BlackRock acquisition gain; bank sets aside more money for loan losses</div><div><p>PNC Financial Services on Thursday said fourth-quarter net income rose sharply, in part due to the sale of institutional asset ...
Huge NYC apartment complex misses loan payment
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - The joint venture led by Tishman Speyer and BlackRock Inc that owns New York City's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed making its full loan payment, moving the deal one step closer toward ...
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