BlackRock said net income reached $657 million in its fourth quarter, up $401 million or 157 percent from a year earlier. Net income for all of 2010 more than doubled, to $2.1 billion, on revenue of $8.6 billion.

This was the first full year of operation since the December 1, 2009, acquisition of Barclays Global Investors.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access