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BlackRock Inc (BLK)

BLK on New York Consolidated

510.50USD
14 Dec 2017
Change (% chg)

$-2.05 (-0.40%)
Prev Close
$512.55
Open
$514.56
Day's High
$514.76
Day's Low
$510.11
Volume
79,598
Avg. Vol
475,106
52-wk High
$518.88
52-wk Low
$365.83

Latest Key Developments (Source: Significant Developments)

Blackrock To Support Chairman Donald Brydon In London Stock Exchange-TCI Row- Source
Wednesday, 13 Dec 2017 08:30am EST 

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 04:06pm EST 

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 05:03am EST 

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 04:31pm EST 

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 01:44pm EST 

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 09:00am EST 

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 01:42pm EDT 

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 06:45am EDT 

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

Blackrock raises stake in Thomas Cook to 8.82 percent
Wednesday, 18 Oct 2017 09:27am EDT 

Oct 18 (Reuters) - Thomas Cook Group Plc ::BLACKROCK INC RAISES STAKE IN THOMAS COOK TO 8.82 PERCENT FROM 5.02 PERCENT EARLIER - FILING‍​.  Full Article

Blackrock CEO Fink says we now manage close to $6 trillion - CNBC ‍​
Wednesday, 11 Oct 2017 07:10am EDT 

Oct 11 (Reuters) - BlackRock Inc :BlackRock Inc CEO Larry Fink says U.S. stocks deserve their higher premium - CNBC ‍​.BlackRock CEO Larry Fink says under investing for retirement is a serious problem in the U.S. - CNBC ‍​.BlackRock CEO Larry Fink says a flattened yield curve wouldn't be good for stocks - CNBC ‍​.Blackrock CEO Larry Fink says we now manage close to $6 trillion - CNBC ‍​.BlackRock CEO Fink says defined contribution money overweighted in bonds - CNBC ‍​.BlackRock CEO Fink says active management will continue outperformance- CNBC ‍​.BlackRock CEO Fink says "we need tax reform and need to modernize it" - CNBC ‍​.  Full Article

Deckers wins proxy contest against hedge fund Marcato

BOSTON Deckers Outdoor Corp beat back a challenge from activist hedge fund Marcato Capital Management, but shares of the maker of UGG boots fell more than 4 percent on news that all its directors had been re-elected.