|Bid||396.66 x 900|
|Ask||411.58 x 1000|
|Day's Range||399.48 - 408.31|
|52 Week Range||399.00 - 594.52|
|Beta (3Y Monthly)||1.60|
|PE Ratio (TTM)||12.11|
|Earnings Date||Jan 10, 2019 - Jan 14, 2019|
|Forward Dividend & Yield||12.52 (3.13%)|
|1y Target Est||504.15|
What goes down must come up. In the past few trading sessions, stocks have been digging out of the hole they fell into during last week’s nerve-racking tumble. To a large degree, investors can thank the banks. Today (Oct. 16), Goldman Sachs and Morgan Stanley both comfortably beat analyst expectations, rounding out a bumper crop…
Now Fink’s BlackRock Inc., overseeing more than $6 trillion of other people’s money, is facing a comparable challenge, stuck between conscience and the implacable demands of the bottom line. While BlackRock and the rest of the financial industry have targeted Saudi Arabia as a massive revenue generator, they were compelled to act in the wake of reports that U.S.-based journalist Jamal Khashoggi was allegedly killed inside the Saudi consulate in Istanbul. “The world for businesses is not black and white,” Fink said in an interview Tuesday.
Mirjam Staub-Bisang will head BlackRock's Swiss business and become senior adviser to the group's sustainable investing arm. The appointment takes place on Nov. 1, according to an internal memo seen by ...
TORONTO, Oct. 19, 2018 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.
According to GuruFocus' list of 52-week lows, these guru stocks have reached their 52-week lows. The price of IBM Corp. (IBM) shares has declined to close to the 52-week low of $134.05, which is 21.9% off the 52-week high of $171.13. The company has a market cap of $122.36 billion.
The big financial institutions earned some decent share price bumps with their latest quarterly reports, but their valuations still look relatively cheap.
Pacific Investment Management Co. boosted its holdings of Brazil’s international debt by 172 percent over the past few months, data compiled by Bloomberg show. Bulls such as Pimco have sent Brazilian assets soaring in recent weeks, encouraged by Bolsonaro’s pledge to dig Brazil out of its worst-ever economic crisis with a pro-business agenda crafted by University of Chicago alum Paulo Guedes and supported by his allies in Congress. “The market has moved quickly to price in a positive scenario,” said Gene Frieda, a global strategist at Pimco in London.
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In the Lightning Round Tuesday night on Mad Money Jim Cramer commented on the stock which he considered a hold. It is a fine company and I like and respect both Larry Fink and Robert Kapito, but there could be further downside risk for the stock of this money manger in my opinion. In this daily bar chart of BLK, below, we can see the zenith back in January.
Goldman Sachs removed the world’s largest asset manager from its conviction list, but the firm still rates it a “Buy.” Gabelli sees upside as well.
Trump changed his tone on Saudi Arabia's stance on murdered journalist. This comes as Treasury Secretary and big businesses dropped out of Saudi Arabia Investment company. Yahoo Finance's Seana Smith, Adam Shapiro and Jennifer Rogers discuss.