- Reuters•16 hours ago
A unit of asset manager BlackRock Inc (BLK.N) will pay $1.5 million to settle a complaint that it launched a Russian exchange-traded fund without proper regulatory approval, according to U.S. regulators. The April 25 settlement between the Securities and Exchange Commission and BlackRock Fund Advisors comes after the SEC said that from December 2010 through January 2015, the company operated iShares MSCI Russia Capped ETF (ERUS.P) in violation of SEC rules. Exchange-traded funds are an investment vehicle that own an array of stocks and bonds and trade in real time on public exchanges.
- TheStreet.com•17 hours ago
Under their mattresses. In a checking account. That's where Gen Y-ers are keeping their money -- anywhere but in equities. Can Wall Street change that trend?
The chief strategist for Canada at BlackRock Inc., the world’s largest money manager, doesn’t see a single attractive sector in the local stock market because oil prices will stay low. Shares will be cheap compared with U.S. equities only if crude climbs to the mid-to-high $50s or low $60s from about $49 now, but a supply glut makes that unlikely, Kurt Reiman said in an interview in Bloomberg’s Toronto office Tuesday. "The valuation discount is not sufficient," Reiman said.
BLK : Summary for BlackRock, Inc. - Yahoo Finance
BlackRock, Inc. (BLK)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||0.00 - 0.00|
|52 Week Range|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||20.42|
|Dividend & Yield||10.00 (2.61%)|
|1y Target Est||N/A|