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BlackRock Inc (BLK.N)

BLK.N on New York Stock Exchange

465.69USD
18 Apr 2019
Change (% chg)

$-1.80 (-0.39%)
Prev Close
$467.49
Open
$467.48
Day's High
$469.26
Day's Low
$465.69
Volume
152,089
Avg. Vol
162,342
52-wk High
$556.89
52-wk Low
$361.00

Latest Key Developments (Source: Significant Developments)

BlackRock Says Qtrly EPS Of $6.61
Tuesday, 16 Apr 2019 

April 16 (Reuters) - BlackRock Inc ::BLACKROCK REPORTS FIRST QUARTER 2019 DILUTED EPS OF $6.61.AUM AT QUARTER-END WERE $6.52 TRILLION VERSUS $6.32 TRILLION LAST YEAR.5% INCREASE IN QUARTERLY CASH DIVIDEND TO $3.30 PER SHARE.QTRLY GAAP REVENUE $3,346 MILLION VERSUS $3,583 MILLION LAST YEAR.QTRLY ADJUSTED OPERATING INCOME $ 1,233 MILLION VERSUS $1,378 MILLION LAST YEAR.Q1 EARNINGS PER SHARE VIEW $6.13, REVENUE VIEW $3.35 BILLION -- REFINITIV IBES DATA.$65 BILLION OF QUARTERLY TOTAL NET INFLOWS.BLACKROCK REPORTS $32 BILLION OF NET INFLOWS INTO FIXED INCOME ETFS IN QUARTER.1% FALL IN QTRLY EPS REFLECTS LOWER OPERATING INCOME, HIGHER EFFECTIVE TAX RATE IN QUARTER, PARTIALLY OFFSET BY HIGHER NONOPERATING INCOME.$1.6 BILLION OF SHARE REPURCHASES IN THE QUARTER.  Full Article

Blackrock CEO Laurence Fink's 2018 Total Compensation Was $26.5 Million
Friday, 12 Apr 2019 

April 12 (Reuters) - BlackRock Inc ::BLACKROCK SAYS CEO LAURENCE FINK'S 2018 TOTAL COMPENSATION WAS $26.5 MILLION VERSUS $27.7 MILLION IN 2017.BLACKROCK INC - PRESIDENT ROBERT S. KAPITO'S 2018 COMPENSATION $20.8 MILLION VERSUS ABOUT $22 MILLION.BLACKROCK SAYS COO ROBERT GOLDSTEIN'S 2018 TOTAL COMPENSATION WAS $7.9 MILLION.BLACKROCK INC - RATIO OF CEO’S 2018 ANNUAL TOTAL COMPENSATION TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES WAS 195:1.BLACKROCK INC - CFO GARY S. SHEDLIN'S 2018 COMPENSATION WAS $6.6 MILLION - SEC FILING.BLACKROCK SAYS GLOBAL HEAD OF MULTI-ASSET STRATEGIES AND GLOBAL FIXED INCOME RICHARD KUSHEL'S 2018 TOTAL COMPENSATION WAS $6.9 MILLION.  Full Article

Eagleclaw Midstream Announces Final Investment Decision On Delaware Link Pipeline
Tuesday, 2 Apr 2019 

April 2 (Reuters) - EagleClaw Midstream::EAGLECLAW MIDSTREAM ANNOUNCES FINAL INVESTMENT DECISION ON DELAWARE LINK PIPELINE, EXPECTED IN-SERVICE DATE FOR PECOS BEND IV PROCESSING FACILITY, AND MANAGEMENT SUCCESSION.EAGLECLAW MIDSTREAM SAYS MADE A FINAL INVESTMENT DECISION TO PROCEED WITH CONSTRUCTION OF DELAWARE LINK PIPELINE.EAGLECLAW MIDSTREAM SAYS BEGUN COMMISSIONING OF CO'S FOURTH CRYOGENIC PROCESSING PLANT AT ITS PECOS BEND SITE.EAGLECLAW MIDSTREAM SAYS RETIREMENT OF BOB MILAM AS EAGLECLAW CEO AND PROMOTION OF JAMIE WELCH, PREVIOUSLY EAGLECLAW PRESIDENT AND CFO, TO CEO.  Full Article

Blackrock's Turnill Sees Further Decelerations In Both Economic, Earnings Growth Ahead
Monday, 1 Apr 2019 

April 1 (Reuters) - BLACKROCK'S GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL::BLACKROCK'S GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL SAYS PATH FOR RISK ASSETS TO GRIND HIGHER HAS NARROWED.BLACKROCK'S TURNILL SAYS SEE FURTHER DECELERATIONS IN BOTH ECONOMIC AND EARNINGS GROWTH AHEAD.BLACKROCK'S TURNILL SAYS INCREASINGLY CONFIDENT THAT THE GLOBAL ECONOMY CAN REMAIN IN LATE-CYCLE THROUGHOUT 2019.BLACKROCK'S TURNILL SAYS INCREASINGLY CONFIDENT THAT CHINESE GROWTH IS LIKELY TO REACCELERATE FROM Q2 ONWARD.  Full Article

Blackrock's Turnill says Expect Delay To Brexit Process Regardless Of Vote Outcome This Week
Monday, 11 Mar 2019 

March 11 (Reuters) - Blackrock's Global Chief Investment Strategist Richard Turnill: :BLACKROCK'S GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL - EXPECT DELAY TO BREXIT PROCESS REGARDLESS OF VOTE OUTCOME IN UK PARLIAMENT.BLACKROCK'S TURNILL SAYS SEE FEWER CATALYSTS FOR SUSTAINED SMALL CAP OUTPERFORMANCE AHEAD.BLACKROCK'S TURNILL SAYS BELIEVE MARKETS MAY BE UNDERAPPRECIATING POSSIBILITY THAT THE FED COULD RAISE RATES FURTHER THIS YEAR.BLACKROCK'S TURNILL SAYS EXPECT EARNINGS ACROSS ALL MARKET SIZE SEGMENTS WILL BE CHALLENGED IN 1H ON TOUGHER YOY COMPARISONS, WEAKER ECONOMIC ACTIVITY.  Full Article

BlackRock, KKR In Advanced Talks To Take $4 Bln-$5 Bln Stake In Abu Dhabi's Pipeline Network - FT
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - :U.S. INVESTMENT GROUPS BLACKROCK AND KKR ARE IN ADVANCED TALKS TO TAKE A $4 BILLION-$5 BILLION STAKE IN ABU DHABI’S PIPELINE NETWORK - FT.  Full Article

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

Risk of U.S. 'profit recession' eases as results beat forecasts

NEW YORK, April 18 The initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called "profit recession" this year because predicted economic bad news has failed to materialize.