It is finally election day and investors are wondering what's in store for the stock market. Historically, presidential elections create short-term volatility as investors react to the outcomes, especially in sectors most likely to be impacted by the new administration's policies.
BlackRock committed not to support a delisting of Spanish utility Naturgy for at least three years to win government approval for its acquisition of a stake in the group, a stock market filing by the U.S. fund manager showed.
Fink wants to push the world's largest asset manager into the more lucrative world of private markets.
One often-overlooked way for closed-end funds (CEFs) to give us a profit boost is for management to buy back a fund's shares.
Investing in dividend growth stocks can help build passive income over the long term. Sometimes investing in some of the largest companies means less uncertainty going forward, even if they are less exciting. We look at 2 juggernauts in the financial space that have recently posted earnings and continue to deliver dividend growth to investors.
BlackRock Inc. on Wednesday filed an application with the U.S. Securities & Exchange Commission seeking approval to create exchange-traded fund classes for its mutual funds.
Many small-cap stocks have delivered solid returns in 2024, but the benchmark Russell 2000 index is still trading in bear territory.
Asset management giant BlackRock is in advanced talks to acquire private credit firm HPS Investment Partners, positioning itself as the sole active bidder, Bloomberg News reported on Tuesday, citing people with knowledge of the discussions.
Fink also said that he expects at least a quarter-point decrease before the end of 2024.
BlackRock Chief Executive Larry Fink says the Federal Reserve will not lower interest rates as much as some forecasters expect, warning inflation is "embedded."
The CEO of Blackrock, which oversees over $10 trillion in assets, sees one rate reduction before the end of this year, compared to the two trims that other market participants have forecast. "I think it's fair to say we're going to have at least a 25 (basis-point cut), but that being said, I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.
The head of BlackRock says companies are growing into ‘extreme' price-to-equity ratios.