BLK - BlackRock, Inc.
| Previous Close | 527.54 |
| Open | 522.23 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 800 |
| Day's Range | 519.07 - 528.34 |
| 52 Week Range | 408.62 - 594.52 |
| Volume | 448,469 |
| Avg. Volume | 549,182 |
| Market Cap | 84.856B |
| Beta | 1.64 |
| PE Ratio (TTM) | 16.60 |
| EPS (TTM) | 31.72 |
| Earnings Date | Jul 16, 2018 - Jul 20, 2018 |
| Forward Dividend & Yield | 11.52 (2.20%) |
| Ex-Dividend Date | 2018-06-06 |
| 1y Target Est | 608.00 |
- Bloomberg Video•17 hours ago
BlackRock to Close 16 Multifactor, Smart Beta Strategy ETFs
Jun.19 -- BlackRock Inc. will shutter 16 exchange-traded funds just a few months after unveiling a lineup of products driven by artificial intelligence. Bloomberg's Jason Kelly reports on "Bloomberg Daybreak: Americas."
- Bloomberg•11 hours ago
Australian Dollar May Drop to 70 Cents This Year: BlackRock
Australia’s dollar is at risk of sliding to 70 U.S. cents this year as China’s economy slows and the Federal Reserve keeps raising U.S. interest rates, according to BlackRock Inc. The Aussie tumbled below 74 cents on Tuesday for the first time in a year amid a worsening trade dispute between the U.S. and China, Australia’s largest trading partner. The currency faces more pressure as policy divergence sees Australian bond yields drop further below those of U.S. Treasuries, said Craig Vardy, BlackRock’s head of fixed income for Australia.
- Benzinga•12 hours ago
Doing Good While Searching For Good Performance
More and more investors want to invest with a purpose and fund issuers are meeting that demand with a raft of exchange traded funds targeting the environmental, social and governance (ESG) themes. Data confirm that not only is interest in sustainable rising, but more companies are acknowledging the importance of ESG factors as well. “Interest in sustainable investing is rising.
- ETF Trends•14 hours ago
BlackRock to Shutter Some Currency Hedged, Factor ETFs
BlackRock Inc. (NYSE: BLK), the parent company of iShares, the world’s largest issuer of exchange traded funds, said it is closing several of its currency hedged ETFs as well as some minimum volatility ...
- Bloomberg•17 hours ago
BlackRock to Close 16 Multifactor, Smart Beta Strategy ETFs
BlackRock Inc. will shutter 16 exchange-traded funds just a few months after unveiling a lineup of products driven by artificial intelligence. Bloomberg's Jason Kelly reports on "Bloomberg Daybreak: ...
- GlobeNewswire•18 hours ago
BlackRock® Canada Announces June Cash Distributions for the iShares® ETFs
TORONTO, June 19, 2018-- BlackRock Asset Management Canada Limited, an indirect, wholly-owned subsidiary of BlackRock, Inc., today announced the June 2018 cash distributions for the iShares ETFs listed ...
- Harvest Exchange•yesterday
Sustainable investing: more than doing good
A long-term strategy can help portfolios weather the inevitable ups and downs in the market. We believe sustainable investing–incorporating environmental, social and governance (ESG) insights into portfolios–is one such strategy, and can be ...
- The Wall Street Journal•2 days ago
BlackRock Is Offering a Free Perk That Lets It See Inside Your Portfolio
The world’s largest asset manager hopes to sell more investment products to Main Street with one of the oldest strategies in business: the freebie. BlackRock Inc. is coaxing financial advisers to upload their client holdings to a complimentary BlackRock website that tests how those portfolios perform under different economic scenarios and compare them to peers. About 20,000 financial advisers have used the “BlackRock Advisor Center” tool since October.
- Financial Times•2 days ago
[$$] ‘Big ticket’ trades made possible by bond ETF liquidity
Exchange traded funds are revolutionising stock markets, regularly accounting for a third of all US equity trades and growing rapidly in popularity among equity investors in Europe and Asia. A question now facing bond investors is whether ETFs will have the same dramatic impact on the world’s fixed income markets. This might seem far-fetched as assets held in fixed income ETFs currently account for a tiny share — less than 1 per cent — of the value of outstanding bonds globally.
- Business Wire•4 days ago
BlackRock Announces Changes to U.S. iShares Fund Lineup
BlackRock, Inc. plans to close and liquidate the following U.S. iShares ETFs based on an ongoing process to review its product lineup and ensure it meets the evolving needs of its clients.
- Reuters•4 days ago
Intesa CEO talking to several investors over wealth management deal
Intesa SanPaolo is still in the early stages of looking for an investor in its wealth management unit and is talking to several potential partners, the chief executive of Italy's biggest retail bank said on Friday. Intesa Sanpaolo said in February that it would seek a partnership with a global player in asset management via the sale of a minority stake in its Eurizon unit. The Financial Times reported this week that BlackRock , the world's largest asset manager, was in talks about buying a 10 percent stake in Eurizon.
- Reuters•5 days ago
BlackRock ETF gives Turkish equities biggest boost in 7 years
Turkish equities recorded their biggest inflows in seven years over the past week, according to data from EPFR, with most of the inflows attributable to a BlackRock exchange-traded fund (ETF). The net asset value of BlackRock's iShares MSCI Turkey UCITS ETF grew by more than two-thirds on June 12 to $241 million from $144 million, according to Reuters data. Turkish assets have been under pressure in recent weeks on concern that President Tayyip Erdogan, a self-declared enemy of interest rates, will tighten his grip on monetary policy after Turkey's June 24 election.
- Simply Wall St.•5 days ago
Why BlackRock Inc (NYSE:BLK) Should Have A Place In Your Portfolio
Attractive stocks have exceptional fundamentals. In the case of BlackRock Inc (NYSE:BLK), there’s is a financially-robust , dividend-paying company with a a strong history of performance. In the following section,Read More...
Harvest Exchange•5 days agoFrom well to pump: Opportunities within the energy sector
Crude oil has been one of the best performing assets of over the last 12 months, rising by more than 30%, albeit from a low base.1 Over this time horizon, the asset has benefited from various economic and geopolitical tailwinds. The price of crude ...
- Zacks•6 days ago
BlackRock (BLK) Ratings Upgraded by Moody's, Outlook Stable
The long-term issuer and senior unsecured ratings of BlackRock (BLK) is upgraded by Moody's Investors Service. Its rating outlook has been changed from positive to stable.
- Bloomberg•6 days ago
Draghi's Job Tougher Than Powell's Amid `Murky' Data, BlackRock Says
Marilyn Watson, BlackRock Inc.'s head of fundamental bond strategy, discusses the contrasting challenges facing European Central Bank President Mario Draghi and Federal Reserve Chairman Jerome Powell. ...
- Moody's•6 days ago
MuniYield New Jersey Fund, Inc. -- Moody's affirms Aa2 rating of Blackrock MuniYield New Jersey Fund, Inc. following reorganizations
Moody's Investors Service ("Moody's") has affirmed the Aa2 rating of the Variable Rate Demand Preferred shares (VRDPs) issued by BlackRock MuniYield New Jersey Fund, Inc. (MYJ) following the reorganizations of BlackRock New Jersey Municipal Bond Trust (BLJ) and BlackRock New Jersey Municipal Income Trust (BNJ) with and into MYJ, effective 11 June 2018. Moody's also withdrew the preferred share ratings associated with BNJ and BLJ. As part of the reorganizations, BLJ and BNJ preferred shareholders received, on a one-for-one basis, MYJ VRDP shares in an amount equal to the aggregate VRDP share liquidation preference held by BLJ and BNJ preferred shareholders.
- Moody's•6 days ago
BlackRock, Inc. -- Moody's upgrades BlackRock, Inc.'s rating to Aa3; outlook stable
Moody's Investors Service has today upgraded BlackRock, Inc.'s (BlackRock, NYSE: BLK) senior unsecured rating to Aa3 from A1. The rating upgrade reflects our view that BlackRock's competitive advantage among asset managers is rapidly increasing. Currently, we see that the expanding array of investment technologies, centered on the Aladdin platform, are enabling BlackRock to adapt faster to industry changes than its competitors.
- Investopedia•6 days ago
What's Causing the ETF Price War?
A recent report by The Financial Times suggests that the price war among exchange-traded funds (ETFs) is both continuing to intensify and spreading across the industry. BlackRock, Inc. ( BLK) has recently reduced costs associated with about $50 billion worth of its ETFs, and investors have poured assets into the cheapest options in the field. The rapid growth of the industry and this tendency among investors has driven the costs associated with investing in ETFs downward in what has appeared to be a race to the bottom.
- Harvest Exchange•6 days ago
Technology “bubble” fears don’t hold up
Upon hearing of his obituary, Mark Twain famously quipped, “The reports of my death are greatly exaggerated.” A similar rebuke could be used for those claiming that technology stocks are back in bubble territory. While technology stocks are having ...
- Reuters•6 days ago
Long bonds could face more pressure as rates rise -BlackRock's Rieder
BlackRock Inc's chief investment officer of global fixed income, Rick Rieder, on Wednesday said he can foresee greater price deterioration in bonds and other investments affected by longer-term interest rates. Despite effective communication by the Federal Reserve, which raised benchmark U.S. rates as expected on Wednesday, Rieder said in a note that there are now "more questions than answers regarding the near-term future" of monetary policy, which is likely to create more volatility. The Fed's "moderately hawkish policy statement provided a couple interesting twists," according to Rieder, including how the Fed would react to continued declines in unemployment without further inflation, slowing economic growth in 2019, and tightening financial conditions.
- Bloomberg•7 days ago
BlackRock, Wells Fargo Are Betting on Ethical Investing Funds for 401(k)s
Doing good and saving for retirement may soon get easier. BlackRock Inc. and Wells Fargo & Co. are developing their first-ever ESG funds for retirement savings plans, seeking to tap into growing demand for ethical investing. Both firms plan to create a series of target-date funds with this focus, according to people familiar with the matter, with BlackRock aiming to debut some later this year.
- Financial Times•7 days ago
[$$] Fed lifts rates and projects four rises for 2018
The Federal Reserve lifted interest rates by a quarter point and signalled that two more increases are likely in 2018 as policymakers gave a bullish assessment of the US economy amid accelerating growth and rapid job creation. The Federal Open Market Committee raised the target range for the federal funds rate from 1.75 to 2 per cent, in the seventh increase of the current cycle and the second this year. In a statement, the central bank dropped previous crisis-era assurances that it would keep rates below their longer-run norms.
Bloomberg•8 days agoBlackRock Sees Emerging Markets Defying Political `Bad News'
Rising political risks during the global economy’s most important week of the year shouldn’t deter investors from emerging markets, according to the world’s largest asset manager. While Argentina, Turkey, Brazil and Mexico have seen big price swings in the past few weeks, most developing nations appear on solid footing, said Isabelle Mateos y Lago, the chief multi-asset strategist at BlackRock Investment Institute.
- Bloomberg•8 days ago
BlackRock Finds Emerging Markets Can Withstand Political Noise
Rising political risks during the global economy’s most important week of the year shouldn’t deter investors from emerging markets, according to the world’s largest asset manager. While Argentina, Turkey, Brazil and Mexico have seen big price swings in the past few weeks, most developing nations appear on solid footing, said Isabelle Mateos y Lago, the chief multi-asset strategist at BlackRock Investment Institute.
