BlackRockNYSE: BLK

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited, a fully-owned subsidiary of BlackRock, Inc. (NYSE: BLK), has announced the final cash distributions for the iShares Premium Money Market ETF for November 2024. Those who hold units as of November 21, 2024, will receive their cash distributions on December 2, 2024.

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited, a fully-owned subsidiary of BlackRock, Inc. (NYSE: BLK), has announced the estimated annual reinvested capital gains distributions for the iShares ETFs on the TSX or Cboe Canada for 2024. These figures are only estimates of capital gains as of October 31, 2024.

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) has announced that Adebayo (“Bayo”) Ogunlesi, who is the Founding Partner, Chairman, and CEO of Global Infrastructure Partners (“GIP”), has been elected to its Board of Directors. Mr. Ogunlesi will serve as a non-independent director after BlackRock's acquisition of GIP, which was finalized in October 2024. Laurence D. Fink, the Chairman and CEO of BlackRock, commented on this development.

In the most recent trading session, BlackRock Finance (BLK) finished at $1,049.97, which is an increase of 0.25% compared to the previous day.

Bitcoin (BTC-USD) and other cryptocurrencies have surged after Donald Trump was elected president again, as his new administration is likely to support crypto. Robbie Mitchnick, the head of digital assets at BlackRock, speaks with Julie Hyman and Josh Lipton on Market Domination Overtime about his views on the crypto market. He emphasizes that it's important to understand that bitcoin is a risky asset rather than a risk-on asset.

For the first time, BlackRock has converted a mutual fund into an exchange-traded fund (ETF). This change shows that more investors are interested in actively managed ETFs.

Rick Rieder, the Chief Investment Officer for BlackRock Global Fixed Income, discusses President-elect Trump's economic strategies and offers his market predictions on 'Barron's Roundtable.' You can find more videos on Fox Business here: https://video.foxbusiness.com. FOX Business Network (FBN) provides up-to-date financial news that affects both everyday people and the financial markets.

Rick Rieder, the Chief Investment Officer of Global Fixed Income at BlackRock, shared with Julie Hyman that even though the S&P and Dow reached record highs recently, he isn't very enthusiastic about the current valuation of stocks. Some analysts predict the S&P could hit 6,600 or 7,000 by 2025. However, he does mention that the technical indicators for stocks are looking very strong.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has given a BBB- rating to BlackRock Private Credit Fund's (“BDEBT” or “the company”) $125 million in senior unsecured notes, which are set to mature in 2027 and 2030. This includes a $70 million tranche with a 7.14% interest rate and a $55 million tranche with a 7.33% interest rate, maturing on November 18, 2027, and January 22, 2030, respectively. The outlook for the rating is Stable, and the funds will be used for general corporate needs.