Edition:
United States

BlackRock Inc (BLK.N)

BLK.N on New York Stock Exchange

388.54USD
9 Dec 2016
Change (% chg)

$-1.79 (-0.46%)
Prev Close
$390.33
Open
$391.90
Day's High
$391.90
Day's Low
$386.35
Volume
165,885
Avg. Vol
139,509
52-wk High
$392.05
52-wk Low
$280.65

Latest Key Developments (Source: Significant Developments)

Lincoln says Lincoln Core Income expected to be available in Q1 2017
Wednesday, 7 Dec 2016 08:41am EST 

Lincoln National Corp : Lincoln announces exclusive strategic collaboration with Blackrock to develop a first of its kind guaranteed income strategy designed specifically for fee-based advisors and their clients .Lincoln National Corp - Lincoln Core Income is anticipated to be available in Q1 of 2017.  Full Article

Infosys says Blackrock Inc raises stake in co by 0.11 pct to 5 pct
Friday, 2 Dec 2016 02:31am EST 

Infosys Ltd :Says Blackrock Inc raises stake in co by 0.11 percent to 5 percent on Nov 16.  Full Article

Moody's says U.S. asset managers AUM boosted by market performance during uncertain period
Thursday, 1 Dec 2016 01:30pm EST 

:Moody's - U.S. asset managers AUM boosted by market performance during uncertain period.  Full Article

Blackrock strategist says rise in U.S. treasury yields after Trump’s win represent shift for financial markets
Monday, 21 Nov 2016 01:20pm EST 

Blackrock strategist Richard Turnill: "We favor shorter-term bonds whose returns are partly shielded from higher yields" . Jump in benchmark U.S. treasury yields after Trump’s win represent important "regime shift" for financial markets . "We particularly like value sectors such as financials, energy and industrials" Further company coverage: [BLK.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Blackrock director William Demchak reports open market purchase of 1,200 shares of co's common stock - SEC filing
Monday, 31 Oct 2016 04:06pm EDT 

Blackrock Inc :Blackrock-Director William Demchak reports open market purchase of 1,200 shares of co's common stock at average price of $341.11 per share on Oct 27 - SEC filing.  Full Article

BlackRock says reducing prices across its U.S. iShares core ETFs
Wednesday, 5 Oct 2016 12:00am EDT 

BlackRock Inc : Re-Pricing U.S. Ishares core ETFs to set new market convention for all long-term investors, to lead this fast-growing segment of ETF market .Reducing prices across its growing U.S. iShares core ETFs.  Full Article

Blackrock's Russ Koesterich says investors should be sensitive to information on rising odds of U.S. recession
Thursday, 29 Sep 2016 01:21pm EDT 

Blackrock's asset allocation head for Global Allocation Fund Russ Koesterich: Investors should be sensitive to information suggesting chances of U.S. recession increasing . Chicago fed national activity index (CFNAI) recently fell back into negative territory . "The economic - and by extension earnings - rebound that the market is expecting in the second half may not materialize" .CFNAI is suggesting that, at the margin, "we should all be a bit more concerned" about the prospect of a recession.  Full Article

BRIEF-Blackrock's Rick Rieder comments on Wednesday's fed statement (Sept. 21)
Friday, 23 Sep 2016 07:51am EDT 

Blackrock's Rick Rieder: Blackrock's Rick Rieder comments on Wednesday's Fed statement . While fed decided to hold rates steady, November unlikely due to election, chances of December rate hike have gone up "meaningfully" . The extraordinarily easy financial conditions across the globe are stabilizing regions that had experienced some significant stresses in year's first half ((Bangalore.newsroom@thomsonreuters.com;)) Keywords: (CORRECTED).  Full Article

Innogy SE shares priced between 32 euros to 36 euros for IPO
Thursday, 22 Sep 2016 03:13pm EDT 

Rwe Aktiengesellschaft : Co and management board of Innogy Se determined price range for shares of Innogy se to be offered in IPO to range from euro 32 to euro 36 . Share capital of Innogy SE amounts to 1 bln euros and is divided into 500 mln ordinary bearer shares with no par value .As part offering, innogy se shares worth 940 million euros from the holdings of RWE Downstream Beteiligungs will be acquired by funds under management of subsidiaries of Blackrock Inc (together the "cornerstone investors") in a private placement.  Full Article

Blackrock Strategist Turnill - Extension of March end point for ECB's QE program more likely
Tuesday, 6 Sep 2016 10:29am EDT 

: Blackrock Strategist Turnill - Extension of March end point for ECB’s QE program more likely than increase in size of monthly purchases, lowering of interest rates . Blackrock Strategist Turnill - Longer QE program would require ECB to relax self-imposed asset purchasing rules to ensure it has enough eligible bonds to buy . Blackrock Strategist Turnill - Ongoing strong central bank demand should support European and Global bond prices . Blackrock Strategist Turnill - See opportunities in Eurozone peripheral government bonds . Blackrock Strategist Turnill - "We also like selected European corporate bonds, such as those of technology and pharmaceutical firms" . Blackrock Strategist Turnill - "We are overweight U.S. Credit with a preference for investment-grade bonds" ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Photo

BlackRock to move to New York's trendy Hudson Yards district

NEW YORK BlackRock Inc, the world's largest asset manager, plans to move its headquarters in 2022 from midtown Manhattan to a massive new office tower in the fast-growing Hudson Yards district on the city's far West Side, the developers said on Thursday.