Here is how BlackRock Finance (BLK) and Brixmor Property (BRX) have performed compared to their sector so far this year.
With a flip of the switch, BlackRock ( NYSE:BLK ) recently completed the company's first mutual fund-to-ETF conversion, a move made to meet investors' insatiable thirst for active management.
BLK plans to increase the headcount to 400 in Mexico. This will expand the company's presence in the Latin America.
Closed-end funds, especially near year-end, present opportunities as discounts can widen; currently, U.S. closed-end funds have a ~10% discount to NAV. The BlackRock Innovation and Growth Fund is intriguing, with a 10%+ discount, activist involvement, and a call overwriting strategy. Private investments, like Discord and Patreon, may be undervalued; reducing private exposure could help close the discount.
Does BlackRock Finance (BLK) have what it takes to be a top stock pick for momentum investors? Let's find out.
I maintain my sell rating on BlackRock TCP Capital due to shrinking net investment income, high non-accrual rates, and declining dividend coverage. TCPC's Q3 earnings showed mixed results, with net investment income missing expectations and a slight decrease in NAV. Despite trading at an attractive discount to NAV, the Company's financial health and portfolio quality need significant improvement before consideration.
BLK gets a commercial license to carry out its business in Abu Dhabi and deepen its presence in the Middle East region.
BlackRock Finance (BLK) closed at $1,049.97 in the latest trading session, marking a +0.25% move from the prior day.
Bitcoin (BTC-USD) and other crypto-related assets have rallied following President-elect Donald Trump's win as the second Trump administration is expected to be crypto-friendly. BlackRock head of digital assets Robbie Mitchnick joins Julie Hyman and Josh Lipton on Market Domination Overtime to discuss his perspective on the crypto space and the "critical" distinction that bitcoin is a risky asset, not a risk-on asset.
BlackRock has flipped a mutual fund to an exchange-traded fund for the first time, with the giant asset manager's move reflecting investors' increasing appetite for actively managed ETFs.
BlackRock Global Fixed Income CIO Rick Rieder evaluates President-elect Trump's economic playbook and shares his market outlook on ‘Barron's Roundtable.' Click Here Watch more Fox Business Video: Click Here Watch Fox Business Network Live: Click Here FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
BlackRock Chief Investment Officer of Global Fixed Income Rick Rieder tells Julie Hyman that despite the S&P (^GSPC) and Dow (^DJI) both notching record highs in the past week, with some analyst forecasts suggesting the S&P could reach 6,600 or 7,000 at some point in 2025, he says, “I don't love the multiple of equities.” However, he notes that the technicals are “crazy good” for equities.