MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 21, 2010 Larry Fink Smells 40 Percent Margins for BlackRock Fundsters interested in delving further into the fate of the world's largest asset manager may want to take a look at the transcript of BlackRock's [see profiles here and here] third quarter earnings call from yesterday, wherein chairman and CEO Larry Fink predicted that its operating margin will rise to 40 percent (from 33.8 percent now). BlackRock reported Q3 earnings yesterday morning (see The MFWire, 10/20/2010).
Printed from: MFWire.com/story.asp?s=33779 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |
