BlackRock's assets blow past $7T in milestone for investment giant

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded Wall Street forecasts. Analysts surveyed by Factset were expecting net profits of $1.2 billion, or $7.75 a share.

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As your restaurant or franchise navigates current challenges, you start finding that your old accounting system which worked fine in the past starts holding you back. Manual processes and lack of visibility into your locations as well as across the entire business hinders strategic decisions. Viewing COGS in this way can indicat


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Spotlight

As your restaurant or franchise navigates current challenges, you start finding that your old accounting system which worked fine in the past starts holding you back. Manual processes and lack of visibility into your locations as well as across the entire business hinders strategic decisions. Viewing COGS in this way can indicat

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