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KM Financial Solutions | UPDATE 4-BlackRock profit misses estimates, hit by lower fees for lending stocks
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UPDATE 4-BlackRock profit misses estimates, hit by lower fees for lending stocks

18 Jul UPDATE 4-BlackRock profit misses estimates, hit by lower fees for lending stocks

Posted at 14:08h in News by
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BlackRock Inc, the
world’s largest asset manager, took in less cash last quarter as
investors moved into lower-cost bond funds, and it made less
money lending out stocks.

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