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Three Cheers for Larry Fink

Laurence D. Fink, co-founder and chief executive of BlackRock, Inc. (BLK ), acted like a true Wall Street titan and leader on Monday.

Overseeing $4.6 trillion in assets as head of the world’s largest money management firm, Fink sent a letter to 500 corporate chief executives, urging them to stop providing quarterly earnings estimates.

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