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BlackRock hits record $6 trillion, helped by Trump tax law

“Excluding the benefit from the new tax law, BlackRock earned $6.24 per share” reports foxbusiness.com. BlackRock said it saw a $1.2 billion tax benefit related to the law and raised its quarterly cash dividend by 15 percent.A new U.S. tax law, which sliced corporate and individual income rates, also helped the company’s results in the fourth quarter ended Dec. 31.
 
Source: foxbusiness.com



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