BlackRock Assets Hit Record $14 Trillion

On a per-share basis, net income was $7.16, falling short of analysts' forecast for $11.20. Adjusted per- share earnings were $13.16, beating forecasts of $12.24. BlackRock reported fourth-quarter net income of $1.13 billion, down 33% from the prior year, while assets under management rose 22% to a record $14 trillion. Shares rose 1% in premarket trading. ...