TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the estimated 2024 annual reinvested capital gains distributions for the iShares ETFs listed on the TSX or Cboe Canada.Please note that these are estimated capital gains amounts only, as of October 31, 2024. As these are estimated amounts, the final capital gains distributions may change by the Funds' December 15, 2024 ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out high quality dividend stocks, and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth sto ...

BlackRock Inc. (BLK) has obtained a commercial license to conduct operations in Abu Dhabi, as reported by Bloomberg. This will, thus, expand its regional presence.BLK’s Rationale Behind This MoveAbu Dhabi and Riyadh have been competing with Dubai to establish themselves as the primary business hub of the Middle East. Abu Dhabi and Riyadh control more than $1 trillion in sovereign wealth each, establishing them among the largest pools of capital globally.Per Charles Hatami, head of the Middle East for BlackR ...

BlackRock Finance (BLK) closed the most recent trading day at $1,049.97, moving +0.25% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.39%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.6%.The the stock of investment firm has risen by 4.01% in the past month, leading the Finance sector's gain of 3.06% and the S&P 500's gain of 1.06%.Market participants will be closely following the financial results of BlackRock Finance in its upcoming r ...

BlackRock's (BLK) shares have been experiencing a good run on bourses lately. The stock is currently trading near its all-time high of $1,068.34 (touched on Nov. 11). Over the past six months, BLK stock has gained 29.7%, outperforming the industry and the S&P 500 Index. Also, it has fared better than its close peers — T. Rowe Price Group, Inc. (TROW) and Invesco (IVZ) – in the same timeframe. Six-Month Price Performance Image Source: Zacks Investment Research Technical indicators also suggest strength for B ...

TORONTO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the November 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis, as well as iShares S&P/TSX 60 Index ETF (XIU) and iShares Canadian Real Return Bond Index ETF (XRB). Unitholders of record of a fund, with exception of XRB, on November 21, 2024 will receive cash dis ...

TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK) today announced that it has called a special meeting of unitholders (the “Meeting”) of the iShares Premium Money Market ETF (the “iShares Fund”), to be held on or about January 22, 2025 to approve a change to the investment objective of the iShares Fund to permit investments in asset-backed commercial paper (the “Proposal ...

BlackRock Inc. (BLK) is negotiating with Millennium Management to acquire a minority stake in the hedge fund, according to people familiar with the matter. This was first reported by The Financial Times. Millennium, one of the world's leading hedge funds, was founded by Israel Englander in 1989 and currently manages roughly $70 billion in assets. The discussions between BLK and Millennium are in the initial phase and may not lead to a finalization of the deal. Reasons Behind BLK's Pursuit This move aligns w ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is BlackRock Finance (BLK) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.BlackRock Finance is a member of our Finance group, which includes 872 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in ter ...