BlackRock Surges Post MLIM Merger As AuMs Hit $1.125 Trillion

US investment manager BlackRock has reported net income for the full year ended 31 December 2006 of $323 million, up 38 per cent. Fourth quarter results reflect the impact of the Merrill Lynch Investment....

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By: Nick Parmee
January 25, 2007
US investment manager BlackRock has reported net income for the full year ended 31 December 2006 of $323 million, up 38 per cent. Fourth quarter results reflect the impact of the Merrill Lynch Investment....