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BlackRock Posting Strong Gain On Better Than Expected Q4 Results

Shares of BlackRock (BLK) are seeing notable strength in afternoon trading on Friday after an early move to the upside. After reaching a record intraday high, BlackRock is currently up by 3.1 percent.

The initial jump by BlackRock came after the asset management company reported better than expected fourth quarter results and raised its quarterly dividend.

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