BLK - BlackRock, Inc.

NYSE - NYSE Delayed Price. Currency in USD
465.69
-1.80 (-0.39%)
At close: 4:02PM EDT
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Previous Close 467.49
Open 468.78
Bid 465.00 x 900
Ask 465.71 x 800
Day's Range 465.69 - 469.37
52 Week Range 360.79 - 557.00
Volume 518,476
Avg. Volume 576,277
Market Cap 72.399B
Beta (3Y Monthly) 1.17
PE Ratio (TTM) 17.57
EPS (TTM) 26.51
Earnings Date Apr 10, 2019 - Apr 15, 2019
Forward Dividend & Yield 13.20 (3.09%)
Ex-Dividend Date 2019-03-05
1y Target Est 507.25
Trade prices are not sourced from all markets
  • Easy Come, Easy Go: How BLOK Technologies (CNSX:BLK) Shareholders Got Unlucky And Saw 92% Of Their Cash Evaporate
    Simply Wall St. 7 hours ago

    Easy Come, Easy Go: How BLOK Technologies (CNSX:BLK) Shareholders Got Unlucky And Saw 92% Of Their Cash Evaporate

    As every investor would know, you don't hit a homerun every time you swing. But it should be a priority to avoid stomach churning catastrophes, wherever possible. It must have been painful to be a BLOK Technologies Inc. (CNSX...

  • Moody's yesterday

    BlackRock, Inc. -- Moody's Rates BlackRock's New Senior Unsecured Notes Aa3

    Moody's Investors Service ("Moody's") assigned an Aa3 rating to BlackRock, Inc.'s (BlackRock) new senior unsecured notes due April 2029. The offering is a takedown from a multiple seniority shelf registration statement of BlackRock, which was automatically declared effective by the SEC on 27 April 2018. BlackRock expects to use the net proceeds of this offering for general corporate purposes, which may include funding all or a portion of the $1.3 billion purchase price of its acquisition of eFront Holding SAS, repaying the $1 billion of outstanding 5.00% Notes due December 2019, or repaying borrowings under its commercial paper program.

  • BlackRock's plan for Italy's Carige sees higher cash call - sources
    Reuters yesterday

    BlackRock's plan for Italy's Carige sees higher cash call - sources

    ROME/MILAN (Reuters) - Troubled Italian bank Carige could need a larger-than-expected cash injection of at least 700 million euros (£607 million) under a rescue plan put forward by U.S. asset manager BlackRock, two sources familiar with the matter said. Temporary administrators appointed by the European Central Bank to run Carige are trying to find a buyer for Italy's 10th-largest bank by mid-May, after its top shareholder derailed an industry-financed rescue by blocking a 400 million euro cash call in December. A specialist fund run by BlackRock is the only known potential bidder although Italy's government stands ready to step in should a private buyer fail to clinch a deal.

  • Cohen & Steers' (CNS) Q1 Earnings Miss on Lower Revenues
    Zacks yesterday

    Cohen & Steers' (CNS) Q1 Earnings Miss on Lower Revenues

    Despite rise in assets under management, decline in revenues and higher costs hurt Cohen & Steers' (CNS) Q1 earnings.

  • Blackstone (BX) Stock Gains 9% Despite Q1 Earnings Miss
    Zacks yesterday

    Blackstone (BX) Stock Gains 9% Despite Q1 Earnings Miss

    Blackstone's (BX) first-quarter results reflect higher revenues and expenses as well as AUM growth.

  • Blackstone to switch from a partnership to a corporation
    Reuters yesterday

    Blackstone to switch from a partnership to a corporation

    Blackstone Group LP, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday it would convert from a partnership to a corporation, in a bid to get more investors into its stock. Blackstone is hoping the move, which will take effect July 1, will boost its share price, which has traded at a discount to traditional asset managers such as BlackRock Inc for more than a decade. Under the so-called C-Corp structure, Blackstone will pay corporate taxes on all its revenue, in exchange for enabling investors such as mutual funds and index trackers to buy the stock.

  • Financial Times yesterday

    Funds full of returns and do-goodery just got harder to find

    There’s a stock market “melt-up” coming. If he is right, you will want all your money to be in the stock market, probably via a fund of some kind. You’d think about diversification, valuation and asset allocation.

  • Barrons.com yesterday

    Fund Firms Got the Active ETFs They Wanted — and Now They’re Mad

    The SEC approved Precidian Investments’ version of actively managed ETFs that disclose their holdings less frequently. That’s good news for firms like Legg Mason, BlackRock, and Capital Group, which signed on with Precidian. The rest of the industry? Not so much.

  • Climate Change: The Next Great Risk to Munis Is Already Here
    Bloomberg yesterday

    Climate Change: The Next Great Risk to Munis Is Already Here

    An increasing number of states and local governments are including climate change in their list of risks investors should consider before buying their bonds. BlackRock Inc., the world’s largest asset manager, says that within a decade, more than 15 percent of debt in the S&P National Municipal Bond Index will come from regions that could suffer losses from climate change adding up to as much as 1 percent of gross domestic product annually.

  • Financial Times 2 days ago

    China’s Luckin coffee raises $150m in push to overtake Starbucks

    Chinese coffee start-up Luckin has raised $150m from investors including US asset manager BlackRock in a funding round which values the company at $2.9bn, as it pushes to overtake Starbucks by number of outlets in China. A private equity fund managed by BlackRock led the funding with $125 million, Luckin said.

  • BlackRock strategists advocate trimming investment portfolio risk
    Reuters 2 days ago

    BlackRock strategists advocate trimming investment portfolio risk

    Strategists at the world's largest asset manager BlackRock Inc told their financial adviser clients on Wednesday to look at cutting back on risk and lower expectations for high returns on stocks and bonds. "We may get another leg-up from earnings but I would say the type of returns we experienced in the first quarter should not be extrapolated," BlackRock's chief equity strategist Kate Moore said during its quarterly U.S. wealth advisory event, which was attended over the web by about 1,300 of its financial adviser clients. "We just want to be conscious of the fact that for both equities and bonds, the types of returns that you've experienced - not just in 2019 but over the course of the last decade and before - are going to be difficult to replicate," said Moore.

  • Reuters 2 days ago

    Italian banks likely to fund part of Carige's rescue

    Italian banks are in talks with BlackRock over a possible deal to salvage troubled bank Carige, the head of a depositor guarantee fund financed by the country's banks said on Wednesday. Carige was placed under special administration at the start of the year after the Malacalza family, its top shareholder, blocked a planned capital raising, derailing an industry-financed rescue plan. Italian banks came to Carige's rescue in November by buying a 320 million euro ($362 million) hybrid bond needed to boost the bank's total capital ratio.

  • Reuters 2 days ago

    Italian banks to discuss Carige rescue on Wednesday -sources

    Italian banks will discuss on Wednesday whether to back the latest rescue plan for Banca Carige by taking a stake alongside a fund owned by U.S. asset manager BlackRock, two sources close to the talks said. Carige was placed under special administration at the start of the year after the Malacalza family, its top investor, blocked a planned capital raising, derailing an industry-financed rescue plan. Italian banks came to Carige's rescue in November by buying a 320 million euro ($362 million) hybrid bond needed to boost the bank's total capital ratio.

  • Italian banks in talks with BlackRock over Carige deal
    Reuters 2 days ago

    Italian banks in talks with BlackRock over Carige deal

    Italian banks are in talks with BlackRock over a possible deal to salvage troubled lender Carige, the head of a depositor guarantee fund financed by the banks said on Wednesday. Italian banks used a voluntary-contribution scheme set up under the depositor fund to come to Carige's rescue in November. A conversion into equity of the bond would now support BlackRock's rescue plan for Carige.

  • Company News For Apr 17, 2019
    Zacks 2 days ago

    Company News For Apr 17, 2019

    Companies in the news are: BLK, PGR, FHN and CMA

  • GlobeNewswire 2 days ago

    BlackRock® Canada Announces April Cash Distributions for the iShares® ETFs

    TORONTO, April 17, 2019 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.

  • Market Exclusive 2 days ago

    Market Morning: JD CEO Sued, Qualcomm Wins While Intel Exits, Fink Cites Meltup Risk

    Minnesotan Girl Sues JD CEO For Rape A shakedown or a real issue for JD (NASDAQ:JD)? Richard Liu, CEO of the Chinese retail giant, was accused of rape last August though prosecutors have declined to press criminal charges against him, so the plaintiff filed a suit in civil court. The lawsuit seeks damages and identifies […]The post Market Morning: JD CEO Sued, Qualcomm Wins While Intel Exits, Fink Cites Meltup Risk appeared first on Market Exclusive.

  • Reuters 2 days ago

    Italian banks to discuss Carige rescue on Thursday -sources

    Italian banks will discuss on Thursday whether to back the latest rescue plan for Banca Carige by taking a stake alongside a fund owned by U.S. asset manager BlackRock, two sources close to the talks said. Carige was placed under special administration at the start of the year after the Malacalza family, its top investor, blocked a planned capital raising, derailing an industry-financed rescue plan. Italian banks came to Carige's rescue in November by buying a 320 million euro (£277.6 million) hybrid bond needed to boost the bank's total capital ratio.

  • Financial Times 2 days ago

    Wall Street lower as healthcare slide overshadows China data

    Wall Street finished lower on Wednesday as healthcare stocks came under fire and weighed on sentiment that had been supported by largely positive earnings news in the US and robust economic data from China. Wall Street’s S&P 500 was down 0.2 per cent with the decline led by a 2.85 per cent fall in healthcare stocks. The moves come after UnitedHealth’s chief executive on Tuesday said during the company’s earnings call that proposals like “Medicare for all” and “wholesale disruption” of the health system being pushed by certain lawmakers, could “destabilise the nation’s healthcare system and limit the ability of clinicians to practice medicine at their best”.

  • Thomson Reuters StreetEvents 2 days ago

    Edited Transcript of BLK earnings conference call or presentation 16-Apr-19 12:30pm GMT

    Q1 2019 BlackRock Inc Earnings Call

  • Reuters 3 days ago

    MOVES-BlackRock appoints veteran Tang Xiaodong to head China operations

    SINGAPORE, April 17 (Reuters) - BlackRock Inc, the world's largest asset manager, said on Wednesday it has appointed investment and regulatory veteran Tang Xiaodong to head China operations, seeking to ...

  • Stocks rise after strong earnings results
    Yahoo Finance 3 days ago

    Stocks rise after strong earnings results

    Stocks rose Tuesday as a host of major companies reported quarterly results that beat Wall Street’s expectations.