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BlackRock Earnings Plummeted by 60%, Falling Short of Expectations

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BlackRock, the world’s largest asset manager, reported quarterly earnings today that fell short of the expectations of analysts. Earnings over this past year plummeted by almost 60% to $927 million, with earnings per share sitting at $6.08 on an adjusted basis. Analysts had predicted a price of $6.27 per share. Assets under management of BlackRock

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* First published on ccn.com

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