BLK - BlackRock, Inc.
| Previous Close | 407.31 |
| Open | 410.52 |
| Bid | 394.96 x 100 |
| Ask | 409.73 x 2900 |
| Day's Range | 397.35 - 412.95 |
| 52 Week Range | 376.31 - 594.52 |
| Volume | 746,887 |
| Avg. Volume | 804,570 |
| Market Cap | 64.238B |
| Beta (3Y Monthly) | 1.48 |
| PE Ratio (TTM) | 11.50 |
| EPS (TTM) | 34.96 |
| Earnings Date | Jan 10, 2019 - Jan 14, 2019 |
| Forward Dividend & Yield | 12.52 (3.02%) |
| Ex-Dividend Date | 2018-09-06 |
| 1y Target Est | 497.31 |
- Moody's•2 hours ago
Moody's: Passive funds to make up around a quarter of Europe's assets by 2025
Passive funds will account for around quarter of the fund industry's total assets under management in Europe by 2025, driven by the growth in exchange traded funds (ETFs) that is in turn is being bolstered by strong demand from institutional and retail investors, says Moody's Investors Service in a report published today. The report, "Asset Management -- Europe: ETF growth will propel European passive funds towards 25% market share by 2025," is now available on www.moodys.com.
- Moody's•2 hours ago
Moody's: Bis 2025 rund ein Viertel des in Europa verwalteten Vermögens in passiv gemanagten Fonds
Passiv gemanagte Fonds werden bis 2025 rund ein Viertel des gesamten von Fonds verwalteten Vermögens in Europa ausmachen. Treibende Kraft hierfür ist das Wachstum bei börsengehandelten Investmentfonds ...
Reuters•23 hours agoBlackrock reports ownership of 5 percent of Petrobras' preferred shares
Blackrock Inc has reported owning 5 percent of preferential shares in Petroleo Brasileiro SA , the state-run oil company said in a statement on Wednesday. Blackrock has no intention of interfering with ...
- Reuters•2 days ago
Oil majors spending 'sweet spot' to last to 2020: BlackRock
Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, BlackRock, the world's largest asset manager, said on Tuesday. Oil and gas giants such as Royal Dutch Shell (RDSa.AS), Chevron (CVX.N) and BP (BP.L) are generating as much cash at today's oil prices of around $70 a barrel as they did in 2014, before crude spiraled down from over $100 a barrel to lows of below $30 a barrel. Alastair Bishop, director and portfolio manager in BlackRock's natural resources team, which has major holdings in the world's five largest oil and gas companies, said he did not expect capital expenditure, or capex, to rise in the near term.
- Reuters•2 days ago
Oil majors spending 'sweet spot' to last to 2020: BlackRock
Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, BlackRock, the world's largest asset manager, said on Tuesday. Oil and gas giants such as Royal Dutch Shell, Chevron and BP are generating as much cash at today's oil prices of around $70 a barrel as they did in 2014, before crude spiralled down from over $100 a barrel to lows of below $30 a barrel. Alastair Bishop, director and portfolio manager in BlackRock's natural resources team, which has major holdings in the world's five largest oil and gas companies, said he did not expect capital expenditure, or capex, to rise in the near term.
- Motley Fool•2 days ago
Why Impinj Inc. Shares Fell 21% Last Month
The RFID specialist saw some of its largest shareholders reducing their holdings, sometimes by a large amount.
- Benzinga•2 days ago
Inside The Battle For ETF Supremacy
Flows to exchange traded funds in 2018 are unlikely to approach the record $450 billion seen last year. This year's ETF inflows totals will likely be on par with or slightly exceed the $200 billion seen ...
Markit•5 days agoSee what the IHS Markit Score report has to say about BlackRock Inc.
To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•5 days ago
BlackRock (BLK) Dips More Than Broader Markets: What You Should Know
BlackRock (BLK) closed the most recent trading day at $414, moving -1.75% from the previous trading session.
- CNBC•6 days ago
Hedge fund activist Daniel Loeb is worried about this market, cuts Netflix and exits Facebook
Daniel Loeb blamed his pessimistic market outlook on his expectations for a slowdown in U.S. economic activity over the next 12 months. Third Point exited its stake in Facebook and cut its position in Netflix, according to a filing with the Securities and Exchange Commission. Third Point's Daniel Loeb is concerned with current market conditions and told investors in a letter that he has significantly cut the firm's position in technology stocks.
- Zacks•6 days ago
Is BlackRock Advantage Small Cap Core A (BDSAX) a Strong Mutual Fund Pick Right Now?
Mutual Fund Report for BDSAX
- Zacks•7 days ago
BlackRock TCP (TCPC) Q3 Earnings and Revenues Surpass Estimates
BlackRock TCP (TCPC) delivered earnings and revenue surprises of 5.00% and 2.97%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•7 days ago
BlackRock TCP: 3Q Earnings Snapshot
On a per-share basis, the Santa Monica, California-based company said it had net income of 26 cents. Earnings, adjusted for investment costs, came to 42 cents per share. The results exceeded Wall Street ...
Markit•7 days agoSee what the IHS Markit Score report has to say about BlackRock Inc.
To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Reuters•7 days ago
Securities lending boom sparks concerns on returns and voting
Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30 percent over the past 18 months and short selling of Tesla and Alibaba shares reaches a frenzy. Global money managers generated nearly $6 billion in revenue during the first half of the year, loaning out stocks and bonds that often land in the hands of short-sellers such as hedge funds. New regulatory disclosure rules that took effect last year and fresh academic research show, however, there can be a bigger downside to securities lending than previously thought.
- Reuters•7 days ago
Securities lending boom sparks concerns on returns and voting
Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30 percent over the past 18 months and short selling of Tesla(TSLA.O) and Alibaba (BABA.N) shares reaches a frenzy. Global money managers generated nearly $6 billion in revenue during the first half of the year, loaning out stocks and bonds that often land in the hands of short-sellers such as hedge funds. New regulatory disclosure rules that took effect last year and fresh academic research show, however, there can be a bigger downside to securities lending than previously thought.
- Moody's•7 days ago
BlackRock TCP Capital Corp. -- Moody's assigns Baa3 senior unsecured bond rating to BlackRock TCP Capital Corp.
Rating Action: Moody's assigns Baa3 senior unsecured bond rating to BlackRock TCP Capital Corp. New York, November 07, 2018 -- Moody's Investors Service (Moody's) assigned a Baa3 senior unsecured bond rating to BlackRock TCP Capital Corp. (TCPC), a publicly traded business development company (BDC) managed by Tennenbaum Capital Partners, an asset manager owned by BlackRock, Inc. The outlook is stable.
- Quartz•13 days ago
BlackRock CEO Larry Fink explains why his firm will not cut ties with Saudi Arabia
When BlackRock’s Larry Fink chose not to travel to Saudi Arabia for an international investment conference two weeks ago, the CEO of the world’s largest asset manager seemed to be living up to his new identity as a social activist on Wall Street. The Saudi government’s apparent murder of journalist Jamal Khashoggi, who was killed…
- The Wall Street Journal•7 days ago
[$$] BlackRock Offices Raided in German Tax Probe
FRANKFURT—German prosecutors searched the Munich offices of BlackRock Inc. drawing the world’s largest asset manager into a long running criminal tax-fraud investigation that has already embroiled several other financial firms. The probe centers on historical so-called cum/ex transactions which are trades executed during the handful of days before and after scheduled dividend-payment dates. A spokesman for BlackRock said the company was “fully cooperating with a continuing investigation relating to cum/ex transactions in the period 2007-2011.” A person familiar with the investigation said BlackRock, whose offices were raided Tuesday, hasn’t been accused of tax fraud.
- Reuters•7 days ago
Big investors sue 16 banks in U.S. over currency market rigging
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion (£1.76 billion) of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
- TheStreet.com•8 days ago
BlackRock Needs to Establish a New Base Before the Technicians Will Return
was mentioned during the "Lightning Round" of "Mad Money" Tuesday night. "I think this is a decent level to get into this stock" said TheStreet's Jim Cramer, host of the popular investing program. Prices have made a significant decline from the January zenith but that may not be enough for investors to go long BLK, looking at the charts and indicators.
- Associated Press•8 days ago
German offices of BlackRock searched in tax probe
FRANKFURT, Germany (AP) — German prosecutors say they have searched the Munich offices of investment firm BlackRock, which said it was cooperating in a probe of a tax scheme known as "cum-ex" transactions that has drawn the attention of law enforcers.
- Zacks•8 days ago
BlackRock (BLK) Acquisitions Aid Revenues, Expenses Increase
Acquisitions and focus on actively managed equities business continue to support BlackRock (BLK), while mounting operating expenses pose a concern.
- Financial Times•8 days ago
[$$] FirstFT: Today’s top stories
of a majority in the US House of Representatives, but the party failed to generate a sufficiently large “blue wave” to recapture the Senate in Tuesday’s midterm elections. for investors) and House Democrats could now be emboldened to start impeachment proceedings against President Trump.
- Reuters•8 days ago
German prosecutors search BlackRock in sham trades inquiry
German state prosecutors confirmed they searched the Munich offices of investor BlackRock as part of a probe into an illicit tax trading scheme but exonerated the company's local chairman, who is vying to succeed Chancellor Angela Merkel. The prosecutors are investigating a fraud known as cum-ex that typically involved trading company shares rapidly around a syndicate of banks, investors and hedge funds to create the impression of numerous owners, each entitled to a tax rebate. On Tuesday, they searched the Munich offices of BlackRock, prompting the globe's biggest investor to say that it was fully cooperating with the probe of cum-ex transactions between 2007-2011.
