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BlackRock Inc (BLK.N)

BLK.N on New York Stock Exchange

431.95USD
15 Feb 2019
Change (% chg)

$8.57 (+2.02%)
Prev Close
$423.38
Open
$426.97
Day's High
$432.53
Day's Low
$426.97
Volume
182,652
Avg. Vol
201,321
52-wk High
$578.55
52-wk Low
$361.00

Latest Key Developments (Source: Significant Developments)

Blackrock Raises Stake To 7.29 Pct From 6.84 Pct In BP Plc
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - BP Plc ::BLACKROCK, INC RAISES STAKE TO 7.29 PERCENT FROM 6.84 PERCENT IN BP PLC - FILING.  Full Article

Andritz Says Was Informed Certain Subsidiaries Of Blackrock Inc, Wilmington, Usa, Have Holdings In Co
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Andritz Ag ::WAS INFORMED CERTAIN SUBSIDIARIES OF BLACKROCK INC, WILMINGTON, USA, HAVE HOLDINGS IN ANDRITZ AG, WHICH IS LISTED ON VIENNA STOCK EXCHANGE.AS OF FEB 8, BLACKROCK INC, WILMINGTON, USA, SUBSIDIARIES HELD TOTAL OF 4.65% OF ANDRITZ AG'S SHARE CAPITAL.  Full Article

Blackrock's Turnill Says See Equities, Bonds Eking Out Positive Returns In 2019
Monday, 4 Feb 2019 

Feb 4 (Reuters) - BlackRock Global Chief Investment Strategist Richard Turnill::BLACKROCK GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL SAYS "WE SEE EQUITIES AND BONDS EKING OUT POSITIVE RETURNS THIS YEAR".BLACKROCK'S TURNILL SAYS MARKETS WILL LOOK AT EXTENT OF ANY REBOUND IN THIS WEEK’S GERMAN MANUFACTURING DATA TO HELP GAUGE HEALTH OF EUROZONE ECONOMY.BLACKROCK'S TURNILL SAYS MARKET ATTENTION TO GEOPOLITICAL RISKS HAS DIPPED FROM THE ELEVATED LEVELS SEEN IN H2 OF 2018.BLACKROCK'S TURNILL - NEAR-TERM CONSENSUS EXPECTATIONS FOR ECONOMIC, EARNINGS GROWTH SEEM HIGH, THOUGH WE VIEW RISK OF A 2019 U.S. RECESSION AS LOW.BLACKROCK'S TURNILL SAYS A MODEST EASING OF FINANCIAL CONDITIONS GLOBALLY IS LIKELY SUFFICIENT TO STABILIZE GROWTH IN THE SECOND HALF OF 2019.BLACKROCK'S TURNILL - BELIEVE DECISIVE MOVE IN GLOBAL MONETARY, FISCAL POSITIONS TOWARD MORE GROWTH-FRIENDLY STANCE COULD TRIGGER RENEWED BULL MARKET.BLACKROCK'S TURNILL SAYS WE ARGUE FOR A CAREFULLY BALANCED INVESTMENT APPROACH AS GLOBAL RISK ASSETS HAVE BOUNCED BACK FROM THE LATE 2018 SELLOFF.  Full Article

BlackRock Real Assets Sells Operating Portfolio Of Canadian Solar Plants To Ullico
Friday, 1 Feb 2019 

Feb 1 (Reuters) - BlackRock Real Assets::PRESS RELEASE - BLACKROCK REAL ASSETS SELLS OPERATING PORTFOLIO OF CANADIAN SOLAR PLANTS TO ULLICO INC..BLACKROCK REAL ASSETS SAYS REACHED AN AGREEMENT WITH ULLICO INC ON SALE OF A PORTFOLIO OF 4 OPERATING SOLAR PROJECTS IN ONTARIO, CANADA.  Full Article

Kone Corporation Notice Pursuant To Finnish Securities Market Act, Chapter 9, Section 10
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Kone Oyj ::REG-KONE CORPORATION: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 10.KONE OYJ -TOTAL NUMBER OF CO'S SHARES OWNED BY BLACKROCK AND ITS FUNDS EXCLUDING FINANCIAL INSTRUMENTS ACCORDING TO SMA 9:6A INCREASED TO FIVE PERCENT.  Full Article

Spar Group Says Blackrock Now Holds 5 Pct Of Company
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - BlackRock Inc ::SPAR GROUP LTD - BLACKROCK NOW HOLDS 5,00% OF TOTAL ISSUED ORDINARY SHARE CAPITAL OF COMPANY.  Full Article

Blackrock Global Chief Investment Strategist Richard Turnill Says See Compelling Relative Value In BBB-Rated European Debt
Monday, 28 Jan 2019 

Jan 28 (Reuters) - BlackRock Inc ::BLACKROCK GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL SAYS WE SEE COMPELLING RELATIVE VALUE IN BBB-RATED EUROPEAN DEBT.BLACKROCK'S TURNILL SAYS WE MAINTAIN OUR NEUTRAL VIEW OF EUROPEAN CORPORATE BONDS OVERALL.BLACKROCK'S TURNILL SAYS FED IS LIKELY TO KEEP INTEREST RATES ON HOLD THIS WEEK AND MAY PROVIDE CLUES ABOUT FUTURE HIKES. WE EXPECT AN EXTENDED PAUSE.BLACKROCK'S TURNILL SAYS FEARS ABOUT A 2019 RECESSION APPEAR OVERBLOWN.BLACKROCK'S TURNILL SAYS WE SEE GLOBAL GROWTH SLOWING, NOT ENOUGH TO END THE EXPANSION BUT ENOUGH TO KEEP MAJOR CENTRAL BANKS ON HOLD.BLACKROCK'S TURNILL-EUROZONE GROWTH SHOULD STABILIZE AT LOW LEVELS IN 2019, HELPED BY EXTRA-EASY ECB POLICY, FRESH FISCAL STIMULUS, LIFTING OF ONE-OFFS.BLACKROCK'S TURNILL- ECB MAINTAINED ITS POLICY LAST WEEK, AS WE EXPECTED, WE AGREE WITH ITS ASSESSMENT THAT GROWTH RISKS HAVE SHIFTED TO THE DOWNSIDE.BLACKROCK'S TURNILL- SEE BBB-RATED EURO CORPORATE BONDS AS AN OPPORTUNITY FOR CURRENCY-HEDGED U.S.-DOLLAR-BASED INVESTORS, EURO-BASED INVESTORS ALIKE.BLACKROCK'S TURNILL SAYS WE SEE THE U.S. FED ON HOLD UNTIL AT LEAST SEPTEMBER.BLACKROCK'S TURNILL - ECB'S ASSESSMENT MAKES ECB GROWTH & INFLATION ESTIMATES SEEM OPTIMISTIC, WE BELIEVE, AND A 2019 RATE RISE UNLIKELY.  Full Article

U.S. government shutdown to hit economic growth -BlackRock's Fink
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - BlackRock Inc ::BLACKROCK CEO LARRY FINK SAYS IN INTERVIEW HE DOES NOT BELIEVE ASSET MANAGEMENT ACQUISITION WOULD LEAD TO TRANSFORMATIONAL CHANGE IN OUR GROWTH, BUT THERE MAY BE OPPORTUNITIES IN TECHNOLOGY.BLACKROCK'S FINK SAYS THERE MAY BE AN OPPORTUNITY IN NEAR FUTURE TO HELP CHINESE BUILD SAVINGS CAPACITY FOR INDIVIDUALS.BLACKROCK'S FINK SAYS U.S. PARTIAL GOVERNMENT SHUTDOWN WILL HIT ECONOMIC GROWTH TEMPORARILY.BLACKROCK'S FINK SAYS DECLINE IN COMPANY STOCK PRICE WAS AN INDUSTRY TREND; 'WE AS AN INDUSTRY NEED TO SHOW GROWTH'.  Full Article

Blackrock Inc Reports Q4 2018 Diluted EPS Of $5.78
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - BlackRock Inc ::FOURTH QUARTER 2018 DILUTED EPS OF $5.78, OR $6.08 AS ADJUSTED.5% INCREASE IN QUARTERLY CASH DIVIDEND TO $3.30 PER SHARE APPROVED BY BOARD OF DIRECTORS.RECORD $81 BILLION OF QTRLY ISHARES INFLOWS.QTRLY GAAP REVENUE $3,434 MILLION VERSUS $3,764 MILLION LAST YEAR.QTRLY INVESTMENT ADVISORY PERFORMANCE FEES OF $100 MILLION VERSUS $285 MILLION.ASSETS UNDER MANAGEMENT AT QUARTER-END WERE $5.98 TRILLION VERSUS $6.44 TRILLION REPORTED LAST QUARTER.QTRLY ADJUSTED OPERATING MARGIN OF 43.5 PERCENT VERSUS 44.7 PERCENT REPORTED LAST YEAR.Q4 EARNINGS PER SHARE VIEW $6.27, REVENUE VIEW $3.52 BILLION -- REFINITIV IBES DATA.QTRLY EMPLOYEE COMPENSATION AND BENEFITS EXPENSE OF $1,020 MILLION VERSUS $1,147 MILLION.QTRLY RESTRUCTURING CHARGE OF $60 MILLION.QTRLY LONG-TERM NET INFLOWS $43.6 BILLION.  Full Article

Blackrock’s Turnill Sees Low Likelihood UK Parliament Will Pass May's Brexit Deal In Its Current Form
Monday, 14 Jan 2019 

Jan 14 (Reuters) - BlackRock Inc ::BLACKROCK GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL SAYS WE SEE U.S. GOVERNMENT BONDS OFFERING MORE DIVERSIFICATION BENEFITS IN 2019.BLACKROCK’S TURNILL SAYS SEE A LOW LIKELIHOOD THAT THE UK PARLIAMENT WILL PASS THERESA MAY’S BREXIT DEAL THIS WEEK IN ITS CURRENT FORM.BLACKROCK'S TURNILL SAYS SEE CORRELATION BETWEEN EQUITY, BOND RETURNS REMAINING SIGNIFICANTLY NEGATIVE IN 2019 AS ECONOMIC CYCLE ENTERS LATTER STAGES.BLACKROCK'S TURNILL SAYS GROWTH, NOT FEDERAL RESERVE POLICY, IS NOW THE DOMINANT MARKET DRIVER, IN OUR VIEW..BLACKROCK’S TURNILL, ON SEEING A LOW LIKELIHOOD THAT UK PARLIAMENT WILL PASS MAY’S BREXIT DEAL IN ITS CURRENT FORM, SAYS MAGNITUDE OF A DEFEAT IS KEY.  Full Article

Brazil's BTG Pactual names former finance minister as partner

SAO PAULO, Feb 15 Brazilian investment banking Banco BTG Pactual SA said on Friday former Finance Minister Eduardo Guardia would become chief executive and partner at its asset management unit.