|Bid||0.00 x 6100|
|Ask||0.00 x 10000|
|Day's Range||10,089.00 - 10,140.00|
|52 Week Range||7,050.00 - 11,098.00|
|PE Ratio (TTM)||335.43|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Investors in exchange-traded funds remain bullish about equities despite the global selloff at the start of February, according to BlackRock Inc.
BOSTON/NEW YORK (Reuters) - The world's largest asset manager put U.S. gunmakers on notice on Thursday that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school. BlackRock Inc said it will speak with weapons manufacturers and distributors "to understand their response" to the second-deadliest shooting at a public school in U.S. history, putting pressure on companies such as Sturm Ruger & Company Inc and American Outdoor Brands Corp. BlackRock is the largest shareholder in both gunmakers and has more than $6 trillion in assets under management.
BlackRock and Vanguard, two of the biggest investors in publicly traded gun manufacturers, are weighing in on the aftermath of the mass shooting at Stoneman Douglas High School in Florida. A BlackRock spokesman said Thursday the $6 trillion asset manager has to own the stocks in the indexes its clients invest in. “As a result, we will be engaging with weapons manufacturers and distributors to understand their response to recent events.” A Vanguard spokesman told Barron’s that he hopes policymakers take “appropriate actions to protect Americans from gun violence.” BlackRock and Vanguard are among the top three investors in three of the major publicly-traded gun makers, with the stakes held in the firm’s passive funds.
BOSTON/NEW YORK (Reuters) - The world's largest asset manager put U.S. gunmakers on notice on Thursday that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school. BlackRock Inc said it will speak to weapons manufacturers and distributors "to understand their response" to the second-largest school shooting in history, putting pressure on companies such as Sturm Ruger & Company Inc and American Outdoor Brands Corp. BlackRock is the largest shareholder in both gunmakers and has more than $6 trillion in assets under management.
A fresh wave of scrutiny for pensions and money managers that own stocks of gun makers one week after the deadly shootings in a Florida high school.
The world's largest asset manager says it plans to speak with gun makers following public outcry sparked by the school shooting in Florida last week.
Jean Boivin, head of economic and markets research at BlackRock, discusses the outlook for markets and Federal Reserve monetary policy. He speaks with Francine Lacqua on "Bloomberg Surveillance." ...
Wall Street's top banks and financial firms are starting to develop diverse views on the state of the economy and the nation's major stock indexes.
At BlackRock Inc., using rock-bottom hedge fund prices to lure mountains of assets is proving successful. Less successful is the return for one of its cheapest funds.
As the holiday-shortened week kicks off, a big question is whether our mighty mid-month rally in stocks looks like a fake-out or not. The world’s largest asset manager — BlackRock — says it’s time to buy ...
A number of exchange traded funds (ETFs) designed to protect investors from sharp stock market gyrations lost more money than mainstream US stocks during a sell-off this month, underperforming in precisely ...
BlackRock Inc. turned bullish on U.S. stocks as the world’s largest money manager says impending fiscal stimulus will boost already strong momentum for earnings growth.
In a note on Monday, BlackRock's global chief investment strategist Richard Turnill pointed to tax cuts in the United States and government spending plans as driving earnings growth and said the ratio of earnings upgrades to downgrades for U.S. large-capitalization companies was at its highest since records began in 1988. Turnill said the "swoon" in equity markets in early February made U.S. valuations look more attractive, pushing the company's three-month view on U.S. stocks to "overweight," from neutral.
BlackRock strategists have turned more bullish on U.S. stocks and expect the tax cuts and stimulus to "supercharge" earnings growth.
BlackRock is setting up a new centre dedicated to research in artificial intelligence , underscoring the heightened interest among asset managers in how machine learning can revolutionise many facets of ...
With Wall Street closed in observance of Presidents’ Day, BlackRock has upgraded its outlook for US shares based on robust earnings growth while also moving to a neutral stance on the eurozone. “As we ...
Committees charged with safeguarding the interests of millions of UK workplace pension savers are failing to perform their core responsibilities, according to wide-ranging new research. In 2015, workplace ...
Analyzing BlackRock Inc’s (NYSE:BLK) track record of past performance is a valuable exercise for investors. It enables us to reflect on whether or not the company has met expectations, whichRead More...
CNBC's Leslie Picker reports on BlackRock's statement responding to the firm's stake in gun stocks through their index investing business.
The “Fast Money Halftime Report” traders discuss BlackRock's note upgrading U.S. stocks to a 'buy' rating over emerging market and other world stocks.
The world's biggest asset manager BlackRock upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral.