Market Update (NYSE:BLK): BlackRock’s first-quarter profit rises 20 percent

[Reuters] – BlackRock Inc, the world’s largest money manager, said on Thursday its first-quarter profit rose 20 percent, boosted by strong performance fees and strength in its retail business as investors poured money . . . → Read More: Market Update (NYSE:BLK): BlackRock’s first-quarter profit rises 20 percent Similar Articles: Citigroup Inc (NYSE:C) – Citigroup profit rises on smaller loss from troubled assets 3M Company (NYSE:MMM) – 3M Co profit rises 6 pct as sales grow Stock market seasonality mid-year update