BlackRock Profit Jumps 20% In Q1 2022, AUM Dips
(BlackRock) The world’s largest asset manager, BlackRock, netted an income of $1.4 billion or $9.35 per share in the first quarter of 2022, an increase of 20% from the prior…
Top 10 Blue Chip Stocks to Buy and Hold in 2022
Blue-chip stocks are companies that have a substantial market share in their industries and an overall stable business. They often have a slower growth rate than fast and upcoming companies,…
Blackrock Stock Price Forecast: Death Cross Nears Ahead of Earnings
The Blackrock stock price will be in the spotlight this week as investors wait for the company’s third-quarter earnings. The stock is trading at $844, which is about 12% below…
Blackrock and HSBC Kept Evergrande Afloat in the Wake of Its Debt Crisis
(Financial Times) BlackRock and HSBC increased their holdings in Evergrande bonds a few months before the liquidity crisis hit the Chinese developer. Fig: Evergrande Bond Prices BlackRock, through its high-yield fund,…
Soros Thinks Blackrock’s Risks Investors’ Money and National Security in China
(Bloomberg) Billionaire investor George Soros has blasted BlackRock Inc.’s investment into the Chinese market, terming it a risk to investors and U.S. security interests. BlackRock started offering its investment products…
BlackRock’s AUM Hits $9 Trillion. CEO Warns of Workers Exodus from NYC over Taxes
BlackRock CEO Larry Fink has warned that a fresh tax increase on the wealthy in New York may encourage people to relocate, according to Bloomberg. Some of New York’s most…
BlackRock Has $8.7 Trillion AUM. Posts Fourth Quarter EPS at $10.18
BlackRock’s adjusted diluted EPS for the fourth quarter of 2020 was $10.18, more than expected $8.84, according to the company’s press release. The EPS increase reflected higher revenues of $4.48…