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Street News: BlackRock Profit Falls, Kors Top IPO

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Published on Jul 18, 2012

July 18 (Bloomberg) -- Bloomberg's Sara Eisen reports on today's top news including analysts cutting European profit forecasts at the fastest rate in three years, BlackRock see profits fall in the second-quarter and Michael Kors was the best performing IPO for the 12 months ending March 31 with the stock trading close to double its IPO price. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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