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Bank of America Posts Mixed Results
Bank of America Posts Mixed Results
Stocks Edge Up With Focus on Upcoming U.S. Bank Earnings
Stocks Edge Up With Focus on Upcoming U.S. Bank Earnings
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Heard on the Street
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The A-hed
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BlackRock Assets Rise as Push Into Index Funds Continues

Asset manager increases quarterly dividend by 9%, ups buyback program

Por

Assets at BlackRock Inc., the world’s largest money manager, continued to grow in its fourth quarter as investors diverted money into lower-cost index-tracking funds and withdrew from actively-traded ones.

BlackRock said Friday that assets under management rose 11% to $5.15 trillion from a year ago.

Revenue for the New York-based...

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