Conservative Approach Pays Off for BlackRock as Profit Grows 90%
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BlackRock, the giant asset management firm, dodged the rocky investments that have damaged many Wall Street banks.
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Northern Rock&#39;s full-year profit will at least meet analysts&#39; expectations as the mortgage bank continues to pile on business despite the slowing housing market.
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One simple move can bring higher returns with lower risk.
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The retailer posts impressive comps growth and has updated its guidance.
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Here's a market mantra from which any investor can profit.
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Shares in US private equity giant Blackstone surge as much as 45% on their first day of trading in New York.
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Discount stockbroker Charles Schwab  Corp  reported on Wednesday a 36 percent rise in  earnings from continuing operations as revenue increased  despite heightened market volatility and economic uncertainty.
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Gas giant BG Group has said that net profits leapt 23 percent last year on rising production and increased energy prices.
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General Electric Co.  reported a 9.6 percent rise in profit on Friday, with strength in the infrastructure and commercial finance businesses offsetting a decline at its health care business and a loss in subprime lending.
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Shares in Northern Rock rise  after the government guarantees to protect savers' deposits.
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BMC Software Inc. on Tuesday said it swung to a profit in the second quarter, and increased its full-year guidance. For the three months ended Sept.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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Goldman Sachs reported strong fourth quarter and full year earnings of $1.19bn, up 36 per cent on the previous quarter. Full year profit rose 52 per cent from the previous year to $4.55bn.
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TORONTO (CP) - Bank of Nova Scotia reported record annual profits Tuesday and raised its dividend after the bank benefited from solid gains in mortgage and consumer lending as well as international operations.
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Northern Rock says its full-year profit will at least meet analysts&#39; consensus forecast due to continued strong lending. The bank NRK.
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BlackRock Inc. BLK.N, one of the  largest U.S. fixed income managers, on Thursday said it will  buy its far smaller competitor State Street Research &  Management Co. in the biggest takeover in the asset management  industry this year.