|Bid||546.54 x 100|
|Ask||568.25 x 100|
|Day's Range||552.00 - 557.84|
|52 Week Range||368.00 - 594.52|
|PE Ratio (TTM)||18.44|
|Earnings Date||Apr 17, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||11.52 (2.08%)|
|1y Target Est||616.69|
A wave of price cuts on exchange-traded funds (ETFs) accelerated on Wednesday when French asset management firm Lyxor launched what it said were the lowest cost ETFs in Europe. Lyxor, a subsidiary of Societe Generale, unveiled four new ETFs and cut the fees on twelve existing ETFs in the latest move by an ETF provider to turn up the heat on competitors in an increasingly fierce price battle.
FT subscribers can click here to receive FirstFT every day by email. Regulatory scrutiny of Facebook is ramping up around the world . EU lawmakers joined their UK and US counterparts by saying they would ...
Neeraj Seth, head of Asian credit at BlackRock, discusses the upcoming Fed meeting and his outlook for credit markets. He speaks on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)
Last year, Larry Fink finally threw his lot in with the machines. On March 28, BlackRock unveiled a secret project codenamed “Monarch”, a radical restructuring of its equities unit that is still reverberating ...
Italy’s inconclusive election has darkened what was an already unfavorable backdrop for the nation’s bonds, according to BlackRock Inc.
Facebook's biggest investors are quiet so far on the controversy but they may not remain that way for long.
TORONTO, March 19, 2018-- BlackRock Asset Management Canada Limited, an indirect, wholly-owned subsidiary of BlackRock, Inc., today announced the March 2018 cash distributions for the iShares ETFs listed ...
Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.
Technology was the best-performing sector in the S&P 500 last year and is doing its part to prop U.S. stocks in 2018. The iShares U.S. Technology ETF (NYSE: IYW ) is up about 11 percent year-to-date. Technology ...
BlackRock, which manages $6 trillion in investor money, says there is still a “sweet spot” left in the market that tunes out the noise of both U.S. politics and central bank tightening: Emerging-markets ...
Investors have reacted angrily to news that Aviva chief executive Mark Wilson is to take a seat on the board of BlackRock , the world’s biggest fund manager. Aviva has its own fund management arm, Aviva ...
(Reuters) - BlackRock Inc (BLK.N) elected three independent directors to its board, including executives from Microsoft Corp (MSFT.O) and Aviva (AV.L), the world's biggest asset manager said on Thursday. ...
The new directors are Bill Ford, the CEO of private equity firm General Atlantic, Peggy Johnson, the executive vice president of business development at Microsoft, and British insurer Aviva's Chief Executive Mark Wilson. "The three new directors' global perspective and combined expertise in technology, financial services and fast-growing markets, such as Asia-Pacific, reflects BlackRock's current and future priorities," the company said in a statement.
When BlackRock Inc.’s Larry Fink sent a letter to CEOs in January, some executives and directors were stumped about what he meant by asking companies to explain how their business makes “a positive contribution ...
BlackRock Inc., the world’s largest asset manager, is adding three executives to its board as independent directors.
BlackRock, Inc. has elected William E. Ford, Chief Executive Officer of General Atlantic, Margaret L. “Peggy” Johnson, Executive Vice President of Business Development at Microsoft Corporation and Mark Wilson, Chief Executive Officer of Aviva plc, to the Company’s Board as independent directors.
BlackRock Inc. is adding a slate of new board members as the world’s largest money manager tackles two pillars of its growth strategy: technology and international operations. BlackRock, which manages $6.3 trillion in assets, attracted record new investor cash last year, pulling in the equivalent of $1 billion each day.
Banks and asset managers (XLF) had a great run in 2017 due to a rise in broad markets, allowing them to generate a higher base and performance fees. Overall, the economy and corporates are expected to continue on a growth trajectory helped by global demand and lower unemployment rates. Among major bankers, Bank of America (BAC) is managing $2.8 trillion in asset management offerings as of December 31, 2017—a rise of 10% on a YoY basis.
Exchange-traded funds, long one of the fastest-growing segments of Wall Street, could become the dominant investing vehicle in just a few years — not even 30 years after they were first introduced.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the Senate passing a bill that would roll back some of the provisions of Dodd-Frank that is being billed as regulatory relief for small to medium sized banks, though it contains a provision that would help largely bulge bracket large money center banks by easing the Supplementary Leverage Ratio, which constrains bank leverage.