Stock Market & Financial Investment News

News Breaks July 5, 2012 06:43 EDT BLK BlackRock's challenge: Grow on its own, Bloomberg reports BlackRock's (BLK) acquisition spree appears to be over and now future expansion will have to come from attracting investor deposits, reports Bloomberg. CEO Laurence D. Fink used at least six acquisitions to expand BlackRock into the world’s biggest money manager. Reference Link News For BLK From The Last 14 Days Check below for free stories on BLK the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 17, 2013 12:57 EDT BLK BlackRock to host investor day Subscribe for More Information June 14, 2013 15:36 EDT BLK BlackRock volatility elevated into investor day Subscribe for More Information 11:16 EDT BLK BlackRock stock-fund leader taking medical leave, WSJ reports Subscribe for More Information 05:56 EDT BLK BlackRock's stock funds fall behind many U.S. competitors, WSJ reports Subscribe for More Information June 12, 2013 14:21 EDT BLK BlackRock 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 EDT BLK PIMCO 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 EDT BLK Pershing to host a conference Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.