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BlackRock Resources latest news:
BlackRock CEO Says Companies Need To Do More Than Deliver Profits
Laurence Fink, CEO of the investment firm BlackRock, is telling other CEOs they need to do more than just deliver profits. In a letter published by The New York Times, Fink says companies must show how they are making positive contributions to society.
PRESS DIGEST- New York Times business news - Jan 16
The following are the top stories on the New York Times business pages. - Laurence Fink, founder and chief executive of the investment firm BlackRock Inc (BLK), is going to inform business leaders that their companies need to do more than make profits - they need to contribute to society as well if they want to receive the support of BlackRock (BLK). http://nyti.ms/2r67EQa.
BlackRock CEO Fink shows no signs of entering bitcoin ETF race
NEW YORK, Jan 12 (Reuters) - BlackRock Inc has
profited by being beating its competitors in exchange-traded
funds to the punch, but Chief Executive Officer Larry Fink seems
happy to be out of step with at least one trend - the race to
build a bitcoin fund.
Wall St. scales record highs on earnings optimism, robust data
(Reuters) - Wall Street rose to record highs on Friday as fourth-quarter earnings season kicked off with solid results from JPMorgan and BlackRock and robust retail sales drove gains for consumer stocks.
BlackRock profit beats as ETFs attract more investment
- BlackRock Inc (BLK) on Friday reported a better-than-expected quarterly profit, as investors flooded into the world's biggest asset manager's exchange-traded funds. The company's profit was boosted by a $1.2 billion gain related to the recent enactment of the U.S. tax laws, and the company also raised its quarterly cash dividend by 15 percent.
BlackRock profit beats as ETFs attract more investments
BlackRock Inc reported a better-than-expected quarterly profit on Friday.
BlackRock, Vanguard tapping more into electronic bond trading
Electronic trading is becoming increasingly important when it comes to corporate debt as fund management firms try to knit together sources of liquidity in a fragmented market, executives from Vanguard Group Inc and BlackRock Inc (BLK) said on Thursday.
MOVES-EY, American Century Investments, Hiscox, BP
The following financial services industry appointments were announced on Tuesday. Ernst & Young LLP. The accounting firm said on Tuesday it appointed Andrew Gordon as its new global leader of fraud investigation & dispute services. American Century Investments. The investment management firm said on Tuesday it has hired two former BlackRock Inc employees for its exchange traded funds initiative.
UPDATE 1-BlackRock president says stocks likely to rise as investors shuffle cash
NEW YORK, Dec 5 (Reuters) - BlackRock Inc President
Rob Kapito on Tuesday said there is a "high probability" that
stocks globally are going to rise as more than $70 trillion in
savings enters the market in search of better returns.
MOVES-Former BlackRock governance leader Oleksiuk joins Evercore-sources
Dec 3 (Reuters) - Zach Oleksiuk, the former leader of asset
manager BlackRock Inc's investment stewardship team in
the Americas, has joined New York-based investment bank Evercore
Inc, people familiar with the matter said on Sunday.
BlackRock, Pimco and others boycott BCP bond
Two of the worlds biggest fixed income investors, BlackRock (BLK) and Pimco, have decided to boycott an issue of Tier 2 bonds by Banco Comercial Portugues, which is due to price tomorrow, as a protest against the Portuguese authorities treatment of Novo Banco bondholders. The two institutions are also joined by four smaller fund managers, Attestor Capital, CQS, River Birch Capital and York Capital.
BlackRock to buy asset management unit of Mexico's Citibanamex
BlackRock Inc(BLK) on Tuesday said it had agreed to buy the asset management business of Mexico's Citibanamex, a subsidiary of Citigroup Inc (C), in a sign of the growth potential the world's largest asset management sees in the country.
BlackRock plans new active sector ETFs curated by robots
NEW YORK (Reuters) - BlackRock Inc is turning to the robots for its next big investment idea.
BRIEF-BlackRock's Turnill says expects recent strength in oil prices to moderate over near term
BlackRock Inc(BLK) strategist Richard Turnill: * BlackRock Inc (BLK) strategist Richard Turnill says "we expect the recent strength in oil prices to moderate over the near term" * BlackRock's Turnill says "we could see limited upward price movement if OPEC proceeds with extension of oil production cuts as expected" . * BlackRock's Turnill says "we see reasons to believe price gains will moderate eve...
BlackRock's Fink says no need for hysteria in markets
BlackRock CEO Larry Fink said on Monday that global economic growth is synchronized for the first time since the 2007-2009 financial crisis, and that signs of stress in riskier markets should not cause hysteria.
BlackRock's Fink learns to live with activist investors
NEW YORK (Reuters) - Larry Fink, whose $6 trillion BlackRock Inc seldom picks a public fight with large companies, said on Monday that activist investors often help lay the groundwork for positive...
MOVES-BlackRock governance leader Zach Oleksiuk moving on
BOSTON, Oct 25 (Reuters) - An influential corporate
governance figure at BlackRock Inc, Zach Oleksiuk, is
leaving the New York asset management firm, a company spokesman
said on Wednesday.
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