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Stock Market & Financial Investment News

News Breaks
January 17, 2013
10:21 EDTBLK, MSCIBlackRock says has 'no true interest' in acquiring index provider
BlackRock (BLK) says has good relationship with partner MSCI (MSCI).
News For BLK;MSCI From The Last 14 Days
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June 17, 2013
12:57 EDTBLKBlackRock to host investor day
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June 14, 2013
15:36 EDTBLKBlackRock volatility elevated into investor day
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11:16 EDTBLKBlackRock stock-fund leader taking medical leave, WSJ reports
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05:56 EDTBLKBlackRock's stock funds fall behind many U.S. competitors, WSJ reports
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June 12, 2013
14:21 EDTBLKBlackRock volatility increases on wide price movement
BlackRock June and July call option implied volatility is at 28, October is at 27; compared to its 26-week average of 23 according to Track Data, suggesting larger price movement into a company hosted investor day on June 18.
June 7, 2013
08:17 EDTBLKPIMCO supports BofA's $8.5B mortgage settledment, Bloomberg reports
Bank of America's (BAC) $8.5B mortgage-bond settlement is “outstanding” for investors, says Kent Smith, an executive VP at Pimco who helped negotiate the agreement, and who testified in a trial over the agreement, reports Bloomberg. The settlement was reached after an investor group that included Pimco and BlackRock (BLK) at first demanded $12B. The accord resolves claims from Countrywide Financial mortgage-bond investors over loans bundled into securities. AIG (AIG) is fighting the settlement, saying Bank of America isn’t paying enough to compensate investors. Reference Link
June 6, 2013
07:17 EDTBLKPershing to host a conference
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