|Bid||432.00 x 800|
|Ask||455.00 x 800|
|Day's Range||425.19 - 432.63|
|52 Week Range||360.79 - 578.80|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||16.25|
|Earnings Date||Apr 10, 2019 - Apr 15, 2019|
|Forward Dividend & Yield||13.20 (3.12%)|
|1y Target Est||468.75|
Due to its huge debt burden, Deutsche Bank's (DB) largest shareholder - HNA Group - plans to divest its entire stake in the former.
The $15 billion iShares MBS ETF, or MBB, has taken in more than $3 billion this year, according to data compiled by Bloomberg. Buyers have added about $1.5 billion in February alone, putting it on track to be the largest month of inflows since the fund started in 2007. Agency mortgages are a sweet spot for investors willing to take on just a little bit more risk than offered by Treasuries, getting more yield than the government debt without the credit risk that goes alongside corporate bonds.
BlackRock (BLK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
TORONTO, Feb. 15, 2019 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.
The Atlanta Beltline has lured another major corporation, bringing hundreds of workers to a busy node of the trail next to Ponce City Market.
The conservative lawmaker just wants to “promote understanding” of LGBT issues. The former defense minister said she’s unsure she’ll be able to introduce new legislation seeking greater tolerance of same-sex relationships amid opposition from her Liberal Democratic Party colleagues. “People asked me if I’d turned left wing,” said Inada, an LDP executive and an adviser to Prime Minister Shinzo Abe.
BlackRock, State Street and other asset managers have come out in force against an idea to put limits on their stakes in companies, after the US Federal Trade Commission held a hearing on whether such holdings hurt consumers in the world’s largest economy. Common ownership, in other words, is bad for competition. Since then about two dozen asset managers, lawyers, index providers, industry groups, professors and even a public pension fund have submitted comments to the FTC.
Former Federal Reserve Vice Chairman Stanley Fischer will join BlackRock Inc. as a senior adviser, the asset manager said Wednesday. Mr. Fischer is joining the BlackRock Investment Institute, the investment analysis division of the world’s largest asset manager. Mr. Fischer’s appointment will “help us discern the trends, identify the inflection points and understand the interlocking intricacy of assets, markets and economies,” said BlackRock executives Laurence Fink and Philipp Hildebrand in a company memo announcing Mr. Fischer’s hiring on Wednesday.
Chairman and CEO of Blackrock Inc (NYSE:BLK) Laurence Fink sold 44,000 shares of BLK on 02/11/2019 at an average price of $412.75 a share.
Martin Lipton, Founding Partner of Wachtell, Lipton, Rosen & Katz By John Jannarone It’s time to get over the idea that shareholder returns are a corporation’s only concern. That’s a central tenet of The New Paradigm, a progressive approach to corporate governance designed by Martin Lipton, Founding Partner of Wachtell, Lipton, Rosen & Katz. In […]
Over his career Fischer helped to shape modern economic theory as an academic, trained many future policymakers and put his ideas into practice in a series of jobs culminating in roles at the center of the response to the 2008 global financial crisis. Fischer, who was born in Zambia, served as governor of the Bank of Israel from 2005 to 2013 before joining the Fed, where he was vice chair for 3-1/2 years until October 2017.
Stanley Fischer, who resigned from the central bank in October 2017, will join the BlackRock Investment Institute as a senior adviser, according to a memo provided by the firm. Fischer, 75, was governor of the Bank of Israel before joining the Fed in 2014. The BlackRock Investment Institute provides insights to the firm’s portfolio managers and clients, looking at factors such as macroeconomic trends.
iShares ETFs will be offered for the first time in commission-free category by Charles Schwab (SCHW) and Fidelity, beginning March 2019.
BOSTON/NEW YORK (Reuters) - In America's corporate boardrooms, diversity is making uneven progress: Women increasingly are pulling up a chair while racial and ethnic minorities still rarely get seats at the table. Twenty-seven percent of new directors at companies in the Russell 3000 Index were women during 2016-2018, up from 21 percent in the previous three-year period, according to estimates by ISS Analytics in an analysis for Reuters News. White men have long dominated U.S. corporate boards, for reasons including bias and insular networks that don't necessarily invite in female or minority candidates.
The former central banker, who has been a prominent figure in international economics for decades, will contribute to the investment firm’s research and discussions with clients on markets and central bank policy. Prior to his role as number-two to former Fed chair Janet Yellen, Mr Fischer’s jobs included governor of the Bank of Israel and vice-chairman of Citigroup.
Charles Schwab Corp. and Fidelity Investments are making hundreds more exchange-traded funds free to trade on their platforms. Schwab kicked off the latest round of price cuts with an announcement Tuesday morning that it would double the number of ETFs that can be bought and sold at no cost on its platform. Fidelity followed within the hour saying its platform would likewise expand its commission-free lineup to include more than 500 ETFs.
In the coming months, Boston-based Fidelity will offer more than 500 ETFs commission-free, up from the current 265 products.
The race-to-zero continues to heat up as distribution powerhouses Schwab and Fidelity double its commission-free ETF offerings.
Schwab will double its suite of no-commission ETFs starting March 1, bringing its total to more than 500. Fidelity is nearly doubling the number of ETFs on its platform to more than 500 products, including additional iShares ETFs as of Feb. 28.
The iShares 20+ Year Treasury Bond ETF has lifted into 12-month resistance while trade and shutdown talks near major deadlines.
Money is many Americans' top worry, ranking higher than health, family and work, according to a recent report from BlackRock. And those who save for the future feel better overall.
Much to BlackRock's chagrin, the same can be said for Venezuela, especially in light of the US Treasury's decision on Monday to expand the list of Venezuelan securities now subject to sanctions. Ever since the US first issued restrictions that US citizens could hold but not buy Venezuelan debt in late January, trading in the country's sovereign and PDVSA bonds has halted. Given this lack of liquidity, JPMorgan, which manages the most popular EM debt benchmarks, is considering dropping Venezuelan debt from its indices.
Drawing on the movies about fictional boxer Rocky Balboa, Davis said that markets face a tough fight, even if they ultimately ride out the year. “His down-but-not-out attitude truly aligns with our U.S. and global economic outlook,” he said, adding that the $5 trillion-plus asset manager isn’t expecting anything quite as dramatic as a boxing match. Asset managers had a brutal 2018 -- an experience Davis homed in on -- as volatility spiked and stocks tumbled at year-end.