BlackRock Stays in the Black for Q3

BlackRock Stays in the Black for Q3 (YahooFinance)

If the markets are teetering on the edge of a precipice from ongoing U.S. government debt-ceiling and quantitative-easing (QE) indecision, you wouldn’t know it by looking at BlackRock Inc.’s performance. The world’s largest money manager reported that Q3 profit rose 15 percent year-over-year. Market growth and strong global demand were both cited as engines for profit. The New York-based asset managing giant reported net income of $730 million (for $4.21 per share), up from $642 million (on $3.65 per share) the year before.

Eagle Eye Opener

Recent Posts

Slow GO: Is a Bear Market and Hard Landing Coming?

“Congratulations on your work. It has been a long slog to get the national accounts…

3 days ago

Broken Wing Butterfly and Butterfly Spread – Option Trading Strategies

The broken wing butterfly and the butterfly spread are two different types of option trading…

4 days ago

Bear Call Spread and Bear Put Spread – Option Trading Strategies

The bear call spread and the bear put spread are option strategies used when an…

4 days ago

When Mises Met MMA

It’s not often that you hear the brilliant Austrian school economist Ludwig von Mises referenced…

4 days ago

ETF Talk: Tapping into the Power of Language with This Communications ETF

While Charles Dickens’s famous statement, “It was the best of times, it was the worst…

4 days ago

Five Advantages to Day-Trading with a 90% Win Rate

Five advantages to day-trading with a 90% win rate offer a tempting opportunity. The five…

5 days ago