Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:BlackRock Earnings Fail to Meet Expectations Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, April 17, 2008

BlackRock Earnings Fail to Meet Expectations

by: Armie Margaret Lee

In the Thursday edition of the Wall Street Journal Fund Track column (login required), Kevin Kingsbury covered BlackRock's first quarter numbers, which Larry Fink unveiled Wednesday. While earnings rose from $1.48 a share to $1.82 a share, the latest number came in below analyst expectations. BlackRock saw its customers yanking money from fixed income and placing funds into cash instruments. "Clients are confused," Fink said, noting that its "very hard to make any real return on owning Treasury securities or being even in a core fixed-income strategy."  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use