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 ...

It is finally election day and investors are wondering what’s in store for the stock market. Historically, presidential elections create short-term volatility as investors react to the outcomes, especially in sectors most likely to be impacted by the new administration's policies. However, it’s a common misconception that presidents have much control over market performance.While decisions on tariffs, taxes, and fiscal policy can definitely influence certain sectors, the president's direct impact on the ove ...

Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "High-Yield Bonds Market - Global Forecast Report 2024-2032" report has been added to ResearchAndMarkets.com's offering. According to this report, the high-yield bonds market size reached a value of USD 5.31 trillion in 2023. Aided by the increasing demand for higher returns on investments and the growing applications of high-yield bonds in various financial strategies, the market is projected to further grow at a CAGR of 4.3% between 2024 and 2032 to reach a va ...

MILAN, ITALY - APRIL 10: The logo of American multi-national investment company BlackRock is ... [+] pictured during "Il Salone del Risparmio" at Allianz MiCo on April 10, 2024 in Milan, Italy. "Il Salone del Risparmio" is the Italian largest event in the asset management industry. (Photo by Emanuele Cremaschi/Getty Images)Getty ImagesOne often-overlooked way for closed-end funds (CEFs) to give us a profit boost is for management to buy back a fund’s shares.By now, buybacks are probably familiar to most inv ...

On a year-to-date basis, the communications services sector is leading the way higher, but financial services are making an incredible run as well. Within the Financial Select Sector SPDR Fund ETF ( XLFInterested in more income ideas? Check out Cash Builder Opportunities, where we provide ideas about high-quality and reliable dividend growth ideas. These investments are designed to build growing income for investors. A special focus on investments that are leaders within their industry to provide stability ...

Many small-cap stocks have delivered solid returns in 2024, but the benchmark Russell 2000 index is still trading in bear territory. Stock iShares ETF Portfolio Weighting 1. FTAI Aviation 0.55% 2. Vaxcyte 0.51% 3. Sprouts Farmers Market 0.45% 4. Insmed 0.42% 5. Mueller Industries 0.35% 6. Fabrinet 0.34% 7. Fluor Corp. 0.34% 8. Applied Industrial Technologies 0.34% 9. Ensign Group 0.32% 10. UFP Industries 0.30% The Russell 2000 is an index of approximately 2,000 of the smallest companies listed on U.S. stock ...