Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
01 October 1999Website:
http://www.blackrock.comNext earnings report:
10 January 2025Last dividends:
09 September 2024Next dividends:
N/APrice
pre-market | 31 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
BLK Latest News
Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has released a new report titled "High-Yield Bonds Market - Global Forecast Report 2024-2032." The report indicates that the high-yield bonds market was valued at USD 5.31 trillion in 2023 and is expected to grow at a rate of 4.3% annually, reaching USD 7.76 trillion by 2032, driven by the increasing demand for higher investment returns and the diverse applications of these bonds in financial strategies. As more investors recognize the benefits of high-yield investments, there is a notable shift towards these bonds, which are also popular among hedge funds and private equity firms for their potential to enhance income and diversify portfolios.
Fink aims to encourage the biggest asset manager in the world to explore the more profitable area of private markets.
A frequently ignored method for closed-end funds (CEFs) to increase profits is when management repurchases shares of the fund.
Putting money into dividend growth stocks can create a steady income over time. Investing in big companies can reduce risk in the future, even if they aren't very thrilling. We will examine two major players in the finance sector that have recently shared their earnings and keep providing dividend growth for their investors.
On Wednesday, BlackRock Inc. submitted a request to the U.S. Securities & Exchange Commission to get permission to establish exchange-traded fund classes for its mutual funds.
In 2024, several small-cap stocks have shown good returns, but the Russell 2000 index is still in a bear market.
BlackRock, a major asset management company, is in the final stages of negotiations to buy HPS Investment Partners, a private credit firm. According to Bloomberg News, which spoke to sources familiar with the talks, BlackRock is currently the only active bidder for the company.
Fink mentioned that he anticipates a reduction of at least a quarter-point before the end of 2024.
Larry Fink, the CEO of BlackRock, believes that the Federal Reserve is unlikely to reduce interest rates as much as some analysts predict, cautioning that inflation is deeply rooted.
The CEO of Blackrock, a company managing more than $10 trillion in assets, predicts one interest rate cut before the year ends, which is less than the two cuts expected by others in the market. "I believe we will see at least a 25 basis-point reduction, but I also think there is more inflation in the world now than we have ever experienced," Fink stated.
What type of business is BlackRock?
BlackRock, Inc. - a leading global investment company. Founded in 1988, its headquarters are located in New York. Additional offices are located in more than 30 countries around the world. It offers a wide range of investment services for institutional and retail clients. BlackRock also offers technology services, including the investment and risk management technology platform Aladdin, Aladdin Wealth, Cachematrix, and FutureAdvisor. BlackRock, Inc. was founded in 1988 and is based in New York with additional offices in Boston, Massachusetts; London, UK; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, UK; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, D.C.; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
What sector is BlackRock in?
BlackRock is in the Financial Services sector
What industry is BlackRock in?
BlackRock is in the Asset Management industry
What country is BlackRock from?
BlackRock is headquartered in United States
When did BlackRock go public?
BlackRock initial public offering (IPO) was on 01 October 1999
What is BlackRock website?
https://www.blackrock.com
Is BlackRock in the S&P 500?
Yes, BlackRock is included in the S&P 500 index
Is BlackRock in the NASDAQ 100?
No, BlackRock is not included in the NASDAQ 100 index
Is BlackRock in the Dow Jones?
No, BlackRock is not included in the Dow Jones index
When was BlackRock the previous earnings report?
No data
When does BlackRock earnings report?
The next expected earnings date for BlackRock is 10 January 2025