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BlackRock Inc (BLK.N)

BLK.N on New York Stock Exchange

510.85USD
18 Jul 2018
Change (% chg)

$5.97 (+1.18%)
Prev Close
$504.88
Open
$507.09
Day's High
$511.58
Day's Low
$506.27
Volume
114,993
Avg. Vol
151,002
52-wk High
$594.20
52-wk Low
$409.11

Latest Key Developments (Source: Significant Developments)

Full tariff wars could see markets fall 10-15 pct - BlackRock CEO
Monday, 16 Jul 2018 

July 16 (Reuters) - BlackRock Inc ::CEO LARRY FINK SAYS CLIENTS PAUSED IN Q2, ARE "CONFUSED ABOUT WHICH DIRECTION MARKETS WILL GO" - BLOOMBERG TV.CEO LARRY FINK SAYS EXPECTS TO SEE STRONG CORPORATE EARNINGS IN THE SECOND QUARTER - BLOOMBERG TV.CEO LARRY FINK SAYS IF YOU STRIP OUT SEVEN MAJOR TECH STOCKS, BREADTH OF MARKET PERFORMANCE IS "POOR" - BLOOMBERG TV.'S FINK SAYS MARKET HAVING HARD TIME DIGESTING CHANGES IN GLOBALISATION AND TRADE - BLOOMBERG TV.'S FINK SAYS CLIENTS LIKELY TO FAVOUR CASH, BONDS, ALTERNATIVES; HAVE A "WAIT AND SEE" ATTITUDE - BLOOMBERG TV.'S FINK SAYS IF WE HAVE FULL TARIFF WARS, SEES MARKETS DOWN 10-15 PERCENT - BLOOMBERG TV.'S FINK SAYS INVESTORS NOT BEING PAID ENOUGH AT LONG END OF BOND CURVE - BLOOMBERG TV.'S FINK SAYS EXPECTS U.S. ECONOMY TO SLOW DOWN IN 2019; ALL BETS OFF IF TRADE WAR - BLOOMBERG TV.'S FINK SAYS PRESIDENT TRUMP HAS A DIFFERENT AGENDA TO HIM ON TRADE - BLOOMBERG TV.  Full Article

BlackRock Reports Q2 Adjusted EPS Of $6.66
Monday, 16 Jul 2018 

July 16 (Reuters) - BlackRock Inc ::BLACKROCK REPORTS SECOND QUARTER 2018 EARNINGS.BLACKROCK REPORTS SECOND QUARTER 2018 DILUTED EPS OF $6.62, OR $6.66 AS ADJUSTED.BLACKROCK INC QTRLY ADJUSTED OPERATING INCOME $1,443 MLN VS. $1,246 MLN LAST YEAR.BLACKROCK INC - QTRLY GAAP REVENUE $3,605 MLN VS $3,236 MLN .BLACKROCK INC - $20 BLN OF TOTAL NET INFLOWS, POSITIVE ACROSS ACTIVE, INDEX AND CASH MANAGEMENT IN QTR.BLACKROCK INC - ASSETS UNDER MANAGEMENT AT QTR-END WERE $6.30 TRILLION VS $5.69 TRILLION REPORTED LAST YEAR.BLACKROCK INC - QTRLY CASH MANAGEMENT NET INFLOWS OF $5.7 BILLION.BLACKROCK INC <<>> Q2 SHR VIEW $6.55, REV VIEW $3.59 BLN -- THOMSON REUTERS I/B/E/S.BLACKROCK INC QTRLY ISHARES ETFS NET FLOWS OF $17.8 BILLION .  Full Article

BlackRock's Turnill Says Sees Strong U.S. Growth Extending Positive Spillover Effects To Rest Of World
Tuesday, 10 Jul 2018 

July 10 (Reuters) - BlackRock’s Global Chief Investment Strategist Richard Turnill::BLACKROCK'S GLOBAL CHIEF INVESTMENT STRATEGIST RICHARD TURNILL SAYS "OUR BASE CASE" SEES STRONG U.S. GROWTH EXTENDING POSITIVE SPILLOVER EFFECTS TO REST OF WORLD.BLACKROCK’S TURNILL SAYS RISING U.S. DOLLAR SQUEEZES DOLLAR-FUNDED ENTITIES INCLUDING EMERGING MARKETS WITH LARGE EXTERNAL DEBT LOADS.BLACKROCK’S TURNILL SAYS SEE CHINA’S ECONOMY AS STEADY IN THE NEAR TERM, EVEN AS DELEVERAGING POSES SLOWDOWN RISKS.BLACKROCK'S TURNILL SAYS RISING LEVERAGE IN POCKETS OF CREDIT MARKETS IS A CONCERN, BUT SEE NO FLASHING RED LIGHTS YET − & VIEW LIQUIDITY AS GREATER RISK.BLACKROCK’S TURNILL - POPULIST ITALIAN GOVERNMENT & IMMIGRATION TENSIONS RAISED RISK OF EUROPEAN FRAGMENTATION, BUT EXPECT EUROZONE TO MUDDLE THROUGH THIS YEAR.BLACKROCK’S TURNILL SAYS HIGHER INTEREST RATES, A STRONGER U.S. DOLLAR & LESS-EASY MONETARY POLICY CRIMP FLOW OF MONEY THROUGH FINANCIAL SYSTEM.BLACKROCK’S TURNILL SAYS TRADE WAR AND OVERHEATING RISKS REMAIN THE DOWNSIDE TO GLOBAL GROWTH OUTLOOK.  Full Article

BlackRock Comments On Possible Effects Of Populist Policies Of Italy's New Govt
Monday, 4 Jun 2018 

June 4 (Reuters) - BlackRock’s Chief Investment Strategist Richard Turnill::BLACKROCK'S CHIEF INVESTMENT STRATEGIST RICHARD TURNILL SAYS "POPULIST POLICIES OF ITALY’S NEW GOVERNMENT MAY LEAD TO TENSIONS WITH EUROPEAN PARTNERS".BLACKROCK'S TURNILL SAYS STRUCTURAL DISCOUNT ON SOME EUROPEAN ASSETS BEING CONFINED TO REGION FOR NEAR TERM.BLACKROCK'S TURNILL SAYS "POPULIST POLICIES OF ITALY’S NEW GOVERNMENT MAY LEAD TO A SUSTAINED SHIFT IN PRICING FOR EUROPEAN ASSETS".BLACKROCK'S TURNILL SAYS CONCERNS ABOUT BRAZIL’S OIL WORKER STRIKE HELPED EXTEND AN EM SELLOFF.BLACKROCK'S TURNILL SAYS "WE RETAIN A PREFERENCE FOR U.S. AND EMERGING MARKET EQUITIES".BLACKROCK'S TURNILL SAYS LOOMING RISK OF EUROPEAN FRAGMENTATION, HOWEVER, IS LIKELY TO KEEP CREDIT, SOVEREIGN SPREADS ELEVATED IN ITALY, PERIPHERAL EUROPE.BLACKROCK'S TURNILL SAYS LOOMING RISK OF EUROPEAN FRAGMENTATION MAY ALSO LEAD TO SUSTAINED LOWER VALUATIONS FOR EUROPEAN EQUITIES VERSUS GLOBAL ONES.  Full Article

Domo Inc Files For IPO Of Up To $100 Mln
Friday, 1 Jun 2018 

June 1 (Reuters) - Domo Inc::DOMO INC FILES FOR IPO OF UP TO $100 MILLION OF CLASS B COMMON STOCK – SEC FILING.SAYS IT INTENDS TO APPLY TO HAVE ITS CLASS B STOCK LISTED UNDER THE SYMBOL "DOMO".SAYS UBS INVESTMENT BANK, WILLIAM BLAIR, JMP SECURITIES ARE AMONG UNDERWRITERS TO IPO.SAYS COWEN IS AMONG UNDERWRITERS TO IPO.SAYS MORGAN STANLEY, ALLEN & COMPANY LLC, CREDIT SUISSE ARE AMONG UNDERWRITERS TO IPO.SAYS PROPOSED IPO PRICE IS AN ESTIMATE SOLELY FOR CALCULATING SEC REGISTRATION FEE.  Full Article

BlackRock Declares Quarterly Dividend Of $2.88 On Common Stock
Wednesday, 23 May 2018 

May 23 (Reuters) - BlackRock Inc ::BLACKROCK DECLARES QUARTERLY DIVIDEND OF $2.88 ON COMMON STOCK.  Full Article

BlackRock's Fink not sure if bull market is over -Yahoo
Thursday, 17 May 2018 

May 17 (Reuters) - BlackRock Inc ::BLACKROCK INC CEO LARRY FINK SAYS NOT SURE IF BULL MARKET IS OVER -YAHOO FINANCE.BLACKROCK'S FINK SAYS TREND FOR U.S. INTEREST RATES IS HIGHER, NOT GOING TO DERAIL EQUITIES FOR THE MOMENT -YAHOO.BLACKROCK'S FINK SAYS RECORD LEVELS OF MERGERS & ACQUISITIONS SUGGESTS WE ARE AT 'LAST STAGE OF ECONOMIC GROWTH' -YAHOO.BLACKROCK'S FINK SAYS FLATNESS OF U.S. BOND YIELD CURVE DOES NOT INDICATE FORTHCOMING RECESSION -YAHOO.  Full Article

Cboe, IHS Markit And BlackRock Join Forces To Launch First U.S. Corporate Bond Index Futures
Wednesday, 16 May 2018 

May 16 (Reuters) - Cboe Global Markets Inc ::CBOE, IHS MARKIT AND BLACKROCK JOIN FORCES TO LAUNCH FIRST U.S. CORPORATE BOND INDEX FUTURES.CBOE HOLDINGSINC - ANNOUNCED A COLLABORATION WITH IHS MARKIT, BLACKROCK FOR CO TO DEVELOP U.S. CORPORATE BOND INDEX FUTURES.  Full Article

Aviva CEO's BlackRock directorship avoids conflict of interest-chairman
Thursday, 10 May 2018 

May 10 (Reuters) - Aviva PLC ::CHIEF EXECUTIVE MARK WILSON SAYS AVIVA HAS AROUND 500 MILLION STG TO SPEND ON "BOLT-ON" ACQUISITIONS.CHAIRMAN ADRIAN MONTAGUE SAYS AVIVA CEO WILSON'S DIRECTORSHIP OF BLACKROCK ARRANGED "VERY CAREFULLY" TO AVOID CONFLICT OF INTEREST.  Full Article

Blackrock Inc - Announced A Partnership With Acorns
Wednesday, 9 May 2018 

May 9 (Reuters) - BlackRock Inc ::BLACKROCK INC - ANNOUNCED A PARTNERSHIP WITH ACORNS.BLACKROCK INC - CO, ACORNS HAVE REACHED AN AGREEMENT THROUGH WHICH THEY WILL PURSUE NEW TECHNOLOGY-ENABLED TOOLS FOR ACORNS' USERS.BLACKROCK INC - AS AN ANCHOR INVESTOR AND KEY PARTNER TO ACORNS, BLACKROCK WILL HAVE AN OBSERVER SEAT ON ACORNS' BOARD OF DIRECTORS.  Full Article

MOVES-DWS adds executives to institutional client team

July 19 Asset manager DWS Group GmbH & Co said it made three senior appointments to its institutional client team across Europe.