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BlackRock® Canada Announces Final September Cash Distributions for the iShares® Premium Money Market ETF
GlobeNewswire News Room· 2024-09-23 22:28
TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final September 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on September 24, 2024 will receive cash distributions payable on September 27, 2024. Details regarding the final “per unit” distribution amounts are as follows: Fund NameFund Ticker Cash Distribution Per Unit iS ...
BlackRock (BLK) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-09-23 17:02
BlackRock (BLK) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Sinc ...
BlackRock (BLK) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-09-23 17:02
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.Even ...
BlackRock Joins MSFT in AI Partnership: Should You Buy BLK Stock Now?
ZACKS· 2024-09-20 15:06
BlackRock Inc. (BLK) and Microsoft Corp. (MSFT) entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, collectively named Global AI Infrastructure Investment Partnership (“GAIIP”), to make the infrastructural investment required to build enhanced AI capabilities.This collaboration aims to invest in new and expanded data centers to address the rising demand for computing power and energy infrastructure to build new sources of power for these facilities. These investments will be majo ...
Bitcoin Surges Ahead of Fed Rate Cut: 5 Crypto-Centric Stocks to Gain
ZACKS· 2024-09-18 14:50
The crypto market has been struggling to stage a rebound. However, the enthusiasm surrounding rate cuts saw Bitcoin (BTC), the world’s most popular cryptocurrency, surging above $60,000 for the first time since last month.Several factors have posed headwinds for Bitcoin over the past few months but market experts believe a rate cut will help the cryptocurrency resume its rally. Given this scenario, it would be ideal to adopt the buy-the-dip approach. Four such Bitcoin-centric stocks with upside are Interact ...
AUM Growth, Acquisitions to Support BlackRock Amid Cost Woes
ZACKS· 2024-09-17 16:31
BlackRock’s (BLK) robust assets under management (AUM) balance and its efforts to restructure the equity business will likely keep aiding revenue growth. However, persistently rising expenses (mainly due to higher administration costs) are expected to hurt the company’s bottom line to an extent.BlackRock’s Key Growth DriversStrategic Buyouts: Given a solid balance sheet and liquidity position, BlackRock has been engaging in acquisitions — both domestic and overseas. In June 2024, the company agreed to acqui ...
BlackRock® Canada Announces September Cash Distributions for the iShares® ETFs
GlobeNewswire News Room· 2024-09-17 09:00
TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) --BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the September 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly or quarterly basis. Unitholders of record of a fund on September 24, 2024 will receive cash distributions payable in respect of that fund on September 27, 2024. ...
BlackRock Collaborates With Partners Group, Enhances Retail Solutions
ZACKS· 2024-09-16 14:52
BlackRock Inc. (BLK) has entered into a strategic alliance with Partners Group to introduce a multi-private markets models solution, boosting retail investors’ accessibility to alternative investments.The solution will offer access to private equity, private credit and real assets in a combined portfolio currently unavailable in the U.S. wealth market. This will enable advisors to offer a diversified alternative portfolio, combining the simplicity, efficiency and practice management benefits typically found ...
Swimming With Giants - Don't Bet Against BlackRock
Seeking Alpha· 2024-09-01 05:15
Philip Thurston/E+ via Getty Images Introduction I have to be honest. Sometimes, investing feels like being a very small fish in a very big pond. When I was a kid, we used to play a simple online game where a player started as a small fish. We then had to eat smaller fish. The bigger we got, the bigger our potential prey became. Vecteezy As silly as that sounds, it's a real issue on the stock market. For example, let's assume two people start investing in 2024. One of them has $100,000. The other has $5 ...
How To Play The BlackRock Tender Offers: Start With Buying BOE
Seeking Alpha· 2024-08-29 13:50
hapabapa For those who participated in the Tender Offer program from BlackRock, they may have been surprised by how many shares were actually tendered. That's because the Pro-Ration Factor (see below) was dependent on how many shareholders of each fund put in their shares to be tendered. So using the first grouping of funds listed below, if a smaller number of shareholders put in for the offer, the result would be a higher percent in the Pro-Ration Factor based on the number of tendered shares purchased ...