Since my previous buy rating, shares of BlackRock have significantly outperformed the S&P 500 index. The asset manager handily exceeded analysts' expectations for revenue and adjusted diluted EPS in Q3. BlackRock possesses a remarkably strong balance sheet.
BLK receives a deadline from the FDIC to accept the passivity agreement by Jan. 10, enabling the regulator to raise scrutiny over investments in FDIC-regulated banks.
The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions, according to a person familiar with the matter.
Unlocking Value From MSCI, The Index Fund Powerhouse
BlackRock Finance (BLK) reachead $1,039.70 at the closing of the latest trading day, reflecting a +1.07% change compared to its last close.
BlackRock Finance (BLK) concluded the recent trading session at $1,064.65, signifying a +0.77% move from its prior day's close.
The CNBC 'Halftime Report' Investment Committee reveals their top stocks to watch.
Top U.S. asset managers worried that signing up to an industry climate initiative could make them appear to be working too closely together and draw regulatory scrutiny, according to a report released Friday by a Republican-led U.S. Congressional Committee.
The Competition and Markets Authority said it will launch a formal investigation into BlackRock's acquisition plans
BlackRock (NYSE: BLK), the world's largest asset manager with more than $11.5 trillion in assets under management (AUM), has seen the single biggest insider sale on December 4, 2024.
Britain's competition regulator said on Friday it was launching a probe into asset management firm BlackRock's 2.55 billion pounds ($3.22 billion) acquisition of UK data firm Preqin.
Multimillionaire Cathie Wood Is Buying a BlackRock ETF That Could Soar 164% in 2025, According to This Wall Street Analyst