{"id":13863,"date":"2010-01-28T07:16:17","date_gmt":"2010-01-28T11:16:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13863"},"modified":"2010-01-28T07:16:17","modified_gmt":"2010-01-28T11:16:17","slug":"blackrock%e2%80%99s-profit-jumps-five-fold-on-bgi-inflows","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2010\/blackrock%e2%80%99s-profit-jumps-five-fold-on-bgi-inflows.html","title":{"rendered":"BlackRock\u2019s Profit Jumps Five-Fold on BGI, Inflows"},"content":{"rendered":"<p>Business Week &#8211; BlackRock Inc., the world\u2019s biggest money manager, said fourth-quarter net income rose almost five- fold as the purchase of Barclays Global Investors lifted fee revenue and investors poured money into stock and bond funds.<\/p>\n<p>Earnings rose to $256 million, or $1.62 a share, from $52 million, or 39 cents a share, a year earlier, the New York-based company said today in a statement. The purchase of BGI added $94 million to fourth-quarter net income, which was offset by $108 million in after-tax costs from the acquisition.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.businessweek.com\/news\/2010-01-27\/blackrock-s-profit-jumps-five-fold-on-bgi-inflows-update4-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Week &#8211; BlackRock Inc., the world\u2019s biggest money manager, said fourth-quarter net income rose almost five- fold as the purchase of Barclays Global Investors lifted fee revenue and investors poured money into stock and bond funds. Earnings rose to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11148],"class_list":["post-13863","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-fund"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13863"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13863\/revisions"}],"predecessor-version":[{"id":13864,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13863\/revisions\/13864"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}