For Immediate ReleasesChicago, IL – October 8, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan Chase (JPM) , Wells Fargo (WFC) , and BlackRock (BLK) , PepsiCo (PEP) , and Delta Air Lines (DAL) .Here are highlights from Tuesday’s Analyst Blog: Global Week Ahead: Q3 Earnings SeasonIt's a packed Global Week ...

BlackRock (BLK) is slated to report third-quarter 2024 results on Oct. 11 before the opening bell. Its revenues are expected to have improved on a year-over-year basis, while earnings are likely to have declined.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the second quarter of 2024, BLK’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in revenues, partially offset by higher expenses and a fall in non-operating income. Further, BLK’s assets unde ...

Investors interested in stocks from the Financial - Investment Management sector have probably already heard of AllianceBernstein (AB) and BlackRock (BLK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revisi ...

The market expects BlackRock (BLK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 11, 2024, might help the stock move higher if these key numbers ar ...

The financial sector acts as a gauge of economic vitality, reflecting business investment, consumer confidence, and the overall flow of capital. As a fundamental driver of global economic growth, the financial sector presents a wealth of investment opportunities for those who understand its cyclical nature and can identify the forces shaping its future. Get stock market alerts: Visa: Network Effects in the Digital Payments Revolution The future tells of an undeniable global shift towards digital payments, f ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Affiliated Managers Group (AMG) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Affiliated Managers Group is one of 871 individual stocks in the Finance sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector ...

NEW YORK and GUELPH, Ontario, Oct. 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock").The transaction, announced in January 2024, has been completed following the receipt of the second and final paym ...

BlackRock, Inc. (BLK) completed the acquisition of a private equity company — Global Infrastructure Partners (GIP). Earlier this year, BLK announced the decision to acquire Global Infrastructure Partners for a total cash consideration of $3 billion and around $12 million worth of BlackRock common stock.More on BlackRock’s Acquisition of GIPThe acquisition creates an industry leader in infrastructure, spanning equity, debt and solutions and offering a wide variety of infrastructure sector knowledge and expos ...

BlackRock CEO Larry Fink said on Tuesday investors are wrong if they think the Fed will make massive interest rate cuts later this year because the billionaire money man believes the US economy will continue to grow. Fink dismissed market predictions that rates will be slashed further through the end of year after Chairman Jerome Powell lowered them by half a percentage point two weeks ago. It was the first reduction since 2020 and a bigger-than-expected cut as Western economies emerge from the aftermath of ...

BlackRock, Inc. (BLK) and Banco Santander, S.A. (SAN) have signed a memorandum of understanding, under which funds and accounts managed by BLK will invest up to $1 billion per year in select project finance, energy finance and infrastructure debt investment opportunities with Santander through structured transaction formats. In a transaction in April, BlackRock agreed to provide financing on a $600 million diversified portfolio of infrastructure credit from Santander. The latest agreement comes as the asset ...