April 11 (Reuters) - BlackRock ( BLK ) posted a drop in
first-quarter profit on Friday as the world's largest asset
manager took a hit from weakness in equity markets following
uncertainty around U.S. tariffs.
The company's net income came in at $1.51 billion, or $9.64
per share, for the three months to March 31, down from $1.57
billion, or $10.48 per share, a year earlier.