BLK - BlackRock, Inc.
| Previous Close | 423.38 |
| Open | 425.19 |
| Bid | 432.00 x 800 |
| Ask | 455.00 x 800 |
| Day's Range | 425.19 - 432.63 |
| 52 Week Range | 360.79 - 578.80 |
| Volume | 600,252 |
| Avg. Volume | 751,762 |
| Market Cap | 68.473B |
| Beta (3Y Monthly) | 1.19 |
| PE Ratio (TTM) | 16.25 |
| EPS (TTM) | 26.58 |
| Earnings Date | Apr 10, 2019 - Apr 15, 2019 |
| Forward Dividend & Yield | 13.20 (3.12%) |
| Ex-Dividend Date | 2019-03-05 |
| 1y Target Est | 468.75 |
- Zacks•7 hours ago
Deutsche's Key Shareholder Reduces Stake, Plans Full Exit
Due to its huge debt burden, Deutsche Bank's (DB) largest shareholder - HNA Group - plans to divest its entire stake in the former.
Bloomberg•3 days agoMortgage ETF Is One of 2019's Most Popular as Buyers Seek Yield
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.
- Zacks•3 days ago
Why Is BlackRock (BLK) Up 2.6% Since Last Earnings Report?
BlackRock (BLK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- GlobeNewswire•3 days ago
BlackRock® Canada Announces February Cash Distributions for the iShares® ETFs
TORONTO, Feb. 15, 2019 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.
- American City Business Journals•3 days ago
BlackRock eyes 725 Ponce for new Atlanta iHub
The Atlanta Beltline has lured another major corporation, bringing hundreds of workers to a busy node of the trail next to Ponce City Market.
- Bloomberg•4 days ago
The Conservative Politician Fighting for Gay Rights in Japan
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.
- Financial Times•5 days ago
[$$] Asset managers fight to prevent limits on company ownership
BlackRock, State Street and other asset managers have come out in force against an idea to put limits on their stakes in companies, after the US Federal Trade Commission held a hearing on whether such holdings hurt consumers in the world’s largest economy. Common ownership, in other words, is bad for competition. Since then about two dozen asset managers, lawyers, index providers, industry groups, professors and even a public pension fund have submitted comments to the FTC.
- The Wall Street Journal•5 days ago
[$$] Former Fed Vice Chairman Stanley Fischer to Join BlackRock
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.
- GuruFocus.com•5 days ago
Blackrock Inc (BLK) Chairman and CEO Laurence Fink Sold $18.2 million of Shares
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.
- CorpGov.com•5 days ago
EXCLUSIVE: Martin Lipton Says Shareholder Returns No Longer Only Goal in “The New Paradigm”
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 […]
- Reuters•5 days ago
BlackRock hires former Fed official Fischer as an adviser: memo
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.
- Bloomberg•5 days ago
BlackRock Enlists Stanley Fischer for Investment Analysis Role
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.
- Zacks•5 days ago
Schwab, Fidelity to Double Commission-Free ETFs Offerings
iShares ETFs will be offered for the first time in commission-free category by Charles Schwab (SCHW) and Fidelity, beginning March 2019.
- Reuters•6 days ago
Diversity in the 'man cave' - Boardrooms gain women as minorities lag
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.
- Financial Times•6 days ago
[$$] Former Fed vice-chair Stanley Fischer to join BlackRock
The former central banker, who has been a prominent figure in international economics for decades, will contribute to the investment firm’s research and discussions with clients on markets and central bank policy. Prior to his role as number-two to former Fed chair Janet Yellen, Mr Fischer’s jobs included governor of the Bank of Israel and vice-chairman of Citigroup.
- The Wall Street Journal•6 days ago
[$$] Charles Schwab, Fidelity Escalate Brokerage Price War
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.
- American City Business Journals•6 days ago
Fidelity, Schwab escalate fund-pricing war with commission-free ETFs
In the coming months, Boston-based Fidelity will offer more than 500 ETFs commission-free, up from the current 265 products.
- Barrons.com•6 days ago
Schwab and Fidelity Just Doubled the Number of Commission-Free ETFs Investors Can Trade
The race-to-zero continues to heat up as distribution powerhouses Schwab and Fidelity double its commission-free ETF offerings.
- Bloomberg•6 days ago
Schwab, Fidelity to Expand Commission-Free ETFs in Price War
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.
- Investopedia•6 days ago
Long-Dated Treasuries at Resistance Ahead of Key Catalysts
The iShares 20+ Year Treasury Bond ETF has lifted into 12-month resistance while trade and shutdown talks near major deadlines.
- CNBC•6 days ago
And the Number 1 cause of stress is ... money
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.
- Investing.com•6 days ago
BlackRock Rises 3%
Investing.com - BlackRock (NYSE:BLK) rose by 3.04% to trade at $425.13 by 14:23 (19:23 GMT) on Tuesday on the NYSE exchange.
- Financial Times•6 days ago
[$$] Bond ETFs grapple with fresh US sanctions against Venezuela
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.
- Bloomberg•7 days ago
Vanguard's CIO Compares Global Growth to a Rocky Balboa Fight
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.
