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BlackRock Inc (BLK.N)

BLK.N on New York Stock Exchange

478.94USD
22 Nov 2017
Change (% chg)

$-2.42 (-0.50%)
Prev Close
$481.36
Open
$481.20
Day's High
$483.83
Day's Low
$478.42
Volume
78,285
Avg. Vol
121,564
52-wk High
$485.20
52-wk Low
$366.46

Latest Key Developments (Source: Significant Developments)

Blackrock declares quarterly dividend of $2.50 on common stock
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Blackrock Inc :Blackrock declares quarterly dividend of $2.50 on common stock.  Full Article

Blackrock's Turnill bullish on European, Japanese, emerging markets stocks
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Blackrock strategist Richard Turnill::"We like stocks in Europe, Japan and emerging markets" due to surging corporate earnings, sustained global growth.Says we see a brighter outlook for equity performance outside the U.S. over the next few quarters ‍​.U.S. Treasury yield curve has hit flattest levels in a decade on more short-term bond supply, higher expectations of Fed rate hike.Tech has been standout in showing it can top expectations, posting biggest beats among sectors across U.S., Europe, Asia in latest quarter.Expect data to confirm view that U.S. core inflation is picking up, keeping Fed on track to lift rates in december.Says financials have made up about 20 percent of global earnings growth this year – a share we see rising in 2018 as bond yields rise‍​.  Full Article

Blackrock announces share split for iShares Nasdaq Biotechnology ETF
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Blackrock Inc ::Blackrock announces share split for iShares Nasdaq Biotechnology ETF.Blackrock Inc - ‍board of trustees of iShares trust has authorized a share split for ishares Nasdaq Biotechnology ETF​.Blackrock Inc - ‍board has approved a 3-for-1 split for fund for shareholders of record as of close of business on November 28​.  Full Article

Blackrock strategist says downgrading U.S. Credit to neutral
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Blackrock's strategist Richard Turnill::Says "we are downgrading U.S. Credit to neutral given our outlook for less upside and more downside potential".Says downgrading U.S. Credit to neutral from overweight as its outlook has become "less compelling" lately.Says U.S. Equities offer better risk-reward profile versus credit due to potential for greater upside in returns, more balanced downside risks‍​.‍Says within credit, prefer up-in-quality exposures and favor U.S. Over Europe‍​.  Full Article

Blackrock seeks Johannesburg listing for BlackRock Greater Europe Investment Trust
Monday, 23 Oct 2017 

Oct 23 (Reuters) - BlackRock Inc :‍IS EXPLORING A POTENTIAL SECONDARY LISTING OF ITS GREATER EUROPE, EQUITIES-FOCUSED, INVESTMENT TRUST ON JOHANNESBURG STOCK EXCHANGE​.‍BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC LISTING IS PLANNED FOR END OF NOVEMBER, SUBJECT TO GENERATING A MINIMUM LEVEL OF DEMAND​.‍PSG CAPITAL ARE ACTING AS CORPORATE ADVISORS AND SOLE BOOKRUNNER TO BLACKROCK GREATER EUROPE INVESTMENT TRUST IN SOUTH AFRICA​.  Full Article

Blackrock raises stake in Thomas Cook to 8.82 percent
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Thomas Cook Group Plc ::BLACKROCK INC RAISES STAKE IN THOMAS COOK TO 8.82 PERCENT FROM 5.02 PERCENT EARLIER - FILING‍​.  Full Article

Blackrock CEO Fink says we now manage close to $6 trillion - CNBC ‍​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - BlackRock Inc :BlackRock Inc CEO Larry Fink says U.S. stocks deserve their higher premium - CNBC ‍​.BlackRock CEO Larry Fink says under investing for retirement is a serious problem in the U.S. - CNBC ‍​.BlackRock CEO Larry Fink says a flattened yield curve wouldn't be good for stocks - CNBC ‍​.Blackrock CEO Larry Fink says we now manage close to $6 trillion - CNBC ‍​.BlackRock CEO Fink says defined contribution money overweighted in bonds - CNBC ‍​.BlackRock CEO Fink says active management will continue outperformance- CNBC ‍​.BlackRock CEO Fink says "we need tax reform and need to modernize it" - CNBC ‍​.  Full Article

BlackRock reports Q3 adjusted earnings per share of $5.92
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Blackrock Inc :BlackRock reports third quarter 2017 diluted EPS of $5.78, or $5.92 as adjusted.Q3 earnings per share $5.78.Q3 earnings per share view $5.56 -- Thomson Reuters I/B/E/S.BlackRock Inc - qtrly GAAP revenue $3,233 ‍​ million versus $2,837 million.BlackRock inc - assets under management at quarter-end were $5.98‍​ trillion versus $5.12 trillion.BlackRock Inc - Q3 adjusted operating income $‍​1,398 million versus $1,216 million last year.BlackRock Inc - qtrly cash management AUM increased 6 percent to $425.4 billion, driven by $20.4 billion of net inflows‍​.BlackRock Inc qtrly iShares ETFs long-term net inflows of $52.3 billion‍​.Q3 revenue view $3.10 billion -- Thomson Reuters I/B/E/S.BlackRock Inc - $76 billion of long-term net inflows in qtr‍​.  Full Article

Blackrock said to be in preliminary talks for Calpers’s buyout business- source
Friday, 8 Sep 2017 

Sept 7 (Reuters) - :Blackrock said to be in preliminary talks for Calpers’s buyout business- source.  Full Article

Blackrock in talks for Calpers's buyout business- Bloomberg
Friday, 8 Sep 2017 

Sept 7 (Reuters) - :Blackrock is in talks for calpers's buyout business- Bloomberg, citing sources.Calpers's in discussions with Blackrock about managing some or all of its $26.2 billion in private equity investments- Bloomberg, citing sources.  Full Article

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BlackRock plans new active sector ETFs curated by robots

NEW YORK BlackRock Inc is turning to the robots for its next big investment idea.