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BlackRock 1Q Profits Jump

BlackRock Inc (NYSE:BLK), the world's largest money manager, said on Thursday its first-quarter profit rose sharply, boosted by strength in its retail business and positive flows across asset classes.The New York-based asset manager reported net income of $756 million, or $4.40 per share, up from $632 million, or $3.62 per share, a year earlier. (Reporting by Ashley Lau in New York)((Ashley.Lau@thomsonreuters.com)(+1 646 223...

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