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BlackRock Inc (BLK.N)

BLK.N on New York Stock Exchange

590.26USD
19 Jan 2018
Change (% chg)

$11.04 (+1.91%)
Prev Close
$579.22
Open
$582.62
Day's High
$590.56
Day's Low
$581.03
Volume
195,601
Avg. Vol
134,341
52-wk High
$590.56
52-wk Low
$366.46

Latest Key Developments (Source: Significant Developments)

Blackrock Inc Q4 Earnings Per Share $14.07
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Blackrock Inc ::BLACKROCK REPORTS FULL YEAR 2017 DILUTED EPS OF $30.23, OR $22.60 AS ADJUSTED.Q4 EARNINGS PER SHARE $14.07.Q4 EARNINGS PER SHARE VIEW $5.95 -- THOMSON REUTERS I/B/E/S.BOARD OF DIRECTORS APPROVES 15% INCREASE IN QUARTERLY CASH DIVIDEND TO $2.88 PER SHARE.QTRLY GAAP REVENUE $3,469 ‍​ MILLION VERSUS $2,890 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $6.24.QTRLY ADJUSTED OPERATING INCOME $1,492 MILLION VERSUS. $1,232 MILLION LAST YEAR.59% INCREASE IN FULL YEAR DILUTED EPS REFLECTS NET TAX BENEFIT FROM TAX CUTS AND JOBS ACT.ASSETS UNDER MANAGEMENT AT QUARTER-END WERE $ 6.29 TRILLION VERSUS $5.98 TRILLION AT Q3-END.AT QUARTER END, CASH MANAGEMENT AUM INCREASED 6% FROM THE PRIOR QUARTER TO $449.9 BILLION‍​.QTRLY ISHARES ETFS LONG-TERM NET INFLOWS OF $54.8 BILLION.GAAP NET INCOME FOR FOURTH QUARTER AND FULL YEAR 2017 REFLECTS $1.2 BILLION OF NET TAX BENEFIT RELATED TO THE TAX CUTS AND JOBS ACT‍​.Q4 REVENUE VIEW $3.32 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Valmet: BlackRock Holds More Than 5 Percent In Company
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Valmet Oyj ::BLACKROCK, INC HOLDS MORE THAN 5 PERCENT IN COMPANY.  Full Article

Blackrock To Support Chairman Donald Brydon In London Stock Exchange-TCI Row- Source
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - :BLACKROCK TO SUPPORT CHAIRMAN DONALD BRYDON IN LONDON STOCK EXCHANGE-TCI ROW- SOURCE.  Full Article

Blackrock Inc Reports A 10.2 Percent Passive Stake In Consol Energy
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Blackrock Inc ::BLACKROCK INC REPORTS A 10.2 PERCENT PASSIVE STAKE IN CONSOL ENERGY INC AS OF NOVEMBER 30 - SEC FILING.  Full Article

BlackRock's long position in PetroChina rises to 8.1 pct - HKEx filing
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Hong Kong stock exchange filing:SHOWS BLACKROCK INC <<>> BUYS 81.3 MLN H-SHARES IN PETROCHINA CO LTD <<<601857.SS>>><<<0857.HK>>> AT AN AVERAGE PRICE PER SHARE OF HK$5.245 ($0.2873) ON NOV 30 .SHOWS BLACKROCK'S LONG POSITION IN PETROCHINA RISES TO 8.11 PERCENT FROM 7.73 PERCENT AFTER TRANSACTION.  Full Article

Blackrock declares quarterly dividend of $2.50 on common stock
Thursday, 16 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
Monday, 13 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

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Breakingviews - Viewsroom: Donald Trump goes to Davos

NEW YORK (Reuters Breakingviews) - The U.S. president heads to the Swiss Alps confab that’s the antithesis of his “America First” ideology. He’ll have competition: keynote speaker Narendra Modi, with his “Make in India” policy. Plus: BlackRock’s Larry Fink pushes social activism. And why Ford is stalling.