|Bid||395.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||433.45 - 436.95|
|52 Week Range||360.79 - 578.80|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||16.43|
|Earnings Date||Apr 10, 2019 - Apr 15, 2019|
|Forward Dividend & Yield||13.20 (3.06%)|
|1y Target Est||471.67|
TORONTO, Feb. 22, 2019 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.
Announcement: Moody's announces completion of a periodic review of ratings of BlackRock Investment Quality Municipal Trust Inc. New York, February 22, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BlackRock Investment Quality Municipal Trust Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Fidelity Investments parent FMR LLC said its 2018 operating profit rose 18.6 percent to $6.3 billion as new products like no-fee index funds helped the Boston mutual fund firm counter falling markets and keep pace with bigger rivals. While total assets under management fell slightly, according to an annual report sent on Thursday by the closely held company, Fidelity reported record net deposits of $100.8 billion from customers across all its investment products. The inflow figure was striking at a time when other managers known for active funds have struggled to match the rush of money to index funds and other passive products from BlackRock Inc and Vanguard Group.
For now, policymakers see little risk to leaving interest rates alone while they take time to assess rising risks, including a global slowdown, according to the Fed's minutes from their Jan. 29-30 meeting, released on Wednesday. In January the Fed surprised markets by saying it would be patient about adjusting its target range for short-term interest rates, now between 2.25 percent and 2.5 percent. A raft of Fed policymakers speaking since the Fed's January pledge of patience have insisted the economy is in a good place.
During Culp's first three months on the job, Fidelity increased its GE holdings by nearly 60 percent.
State-owned ADNOC was looking to sell a stake in its multibillion-dollar pipeline infrastructure assets, Reuters had reported http://bit.ly/2GySytx in early October. ADNOC has started a major transformation drive in the past two years to make it more competitive and commercially focused like other state-owned peers, selling and listing stakes in parts of its business. BlackRock and KKR did not immediately respond to a Reuters request for comment, while ADNOC declined to comment.
U.S. investment firms BlackRock Inc and KKR & Co Inc are in advanced talks to take a $4 billion to $5 billion stake in Abu Dhabi National Oil Co's pipeline network, the Financial Times reported on Tuesday. ...
As worsening global macro-economic conditions put firms under pressure, concerns over so-called fallen angels, or investment-grade companies that are cut to junk, are mounting in Asia and globally. Man Group Plc, the world’s largest publicly traded hedge fund manager, warned investors in December of the “astonishing bubble” in BBB level debt. Moody’s Investors Service cut Bharti Airtel Ltd., India’s second-largest wireless carrier, to junk earlier this month and downgraded five Asian companies in January, compared with two upgrades.
“We anticipate that China will do everything it can to resolve trade tensions with the U.S., ” wrote Richard Titherington, JPMorgan Asset’s chief investment officer for emerging-market and Asia Pacific equities, saying that dwindling capex, consumer confidence and retail spending have given Beijing a much more stronger incentive to do so. “If that happens, it will be positive for emerging-market and Asia Pacific equities.
Due to its huge debt burden, Deutsche Bank's (DB) largest shareholder - HNA Group - plans to divest its entire stake in the former.
The $15 billion iShares MBS ETF, or MBB, has taken in more than $3 billion this year, according to data compiled by Bloomberg. Buyers have added about $1.5 billion in February alone, putting it on track to be the largest month of inflows since the fund started in 2007. Agency mortgages are a sweet spot for investors willing to take on just a little bit more risk than offered by Treasuries, getting more yield than the government debt without the credit risk that goes alongside corporate bonds.
BlackRock (BLK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
TORONTO, Feb. 15, 2019 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.
The Atlanta Beltline has lured another major corporation, bringing hundreds of workers to a busy node of the trail next to Ponce City Market.
The conservative lawmaker just wants to “promote understanding” of LGBT issues. The former defense minister said she’s unsure she’ll be able to introduce new legislation seeking greater tolerance of same-sex relationships amid opposition from her Liberal Democratic Party colleagues. “People asked me if I’d turned left wing,” said Inada, an LDP executive and an adviser to Prime Minister Shinzo Abe.
BlackRock, State Street and other asset managers have come out in force against an idea to put limits on their stakes in companies, after the US Federal Trade Commission held a hearing on whether such holdings hurt consumers in the world’s largest economy. Common ownership, in other words, is bad for competition. Since then about two dozen asset managers, lawyers, index providers, industry groups, professors and even a public pension fund have submitted comments to the FTC.
Former Federal Reserve Vice Chairman Stanley Fischer will join BlackRock Inc. as a senior adviser, the asset manager said Wednesday. Mr. Fischer is joining the BlackRock Investment Institute, the investment analysis division of the world’s largest asset manager. Mr. Fischer’s appointment will “help us discern the trends, identify the inflection points and understand the interlocking intricacy of assets, markets and economies,” said BlackRock executives Laurence Fink and Philipp Hildebrand in a company memo announcing Mr. Fischer’s hiring on Wednesday.
Chairman and CEO of Blackrock Inc (NYSE:BLK) Laurence Fink sold 44,000 shares of BLK on 02/11/2019 at an average price of $412.75 a share.
Martin Lipton, Founding Partner of Wachtell, Lipton, Rosen & Katz By John Jannarone It’s time to get over the idea that shareholder returns are a corporation’s only concern. That’s a central tenet of The New Paradigm, a progressive approach to corporate governance designed by Martin Lipton, Founding Partner of Wachtell, Lipton, Rosen & Katz. In […]
Over his career Fischer helped to shape modern economic theory as an academic, trained many future policymakers and put his ideas into practice in a series of jobs culminating in roles at the center of the response to the 2008 global financial crisis. Fischer, who was born in Zambia, served as governor of the Bank of Israel from 2005 to 2013 before joining the Fed, where he was vice chair for 3-1/2 years until October 2017.
Stanley Fischer, who resigned from the central bank in October 2017, will join the BlackRock Investment Institute as a senior adviser, according to a memo provided by the firm. Fischer, 75, was governor of the Bank of Israel before joining the Fed in 2014. The BlackRock Investment Institute provides insights to the firm’s portfolio managers and clients, looking at factors such as macroeconomic trends.
iShares ETFs will be offered for the first time in commission-free category by Charles Schwab (SCHW) and Fidelity, beginning March 2019.
BOSTON/NEW YORK (Reuters) - In America's corporate boardrooms, diversity is making uneven progress: Women increasingly are pulling up a chair while racial and ethnic minorities still rarely get seats at the table. Twenty-seven percent of new directors at companies in the Russell 3000 Index were women during 2016-2018, up from 21 percent in the previous three-year period, according to estimates by ISS Analytics in an analysis for Reuters News. White men have long dominated U.S. corporate boards, for reasons including bias and insular networks that don't necessarily invite in female or minority candidates.
The former central banker, who has been a prominent figure in international economics for decades, will contribute to the investment firm’s research and discussions with clients on markets and central bank policy. Prior to his role as number-two to former Fed chair Janet Yellen, Mr Fischer’s jobs included governor of the Bank of Israel and vice-chairman of Citigroup.