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Stock Market & Financial Investment News

News Breaks
December 13, 2012
12:29 EDTBLKBlackRock offers regulators compromise on money fund rules, Reuters says
BlackRock (BLK) has offered U.S. regulators a proposal to reach a deal over tightened regulations on money market funds, according to a Reuters report. The report says that BlackRock proposed money funds maintain their net asset value in times of turmoil by imposing a 1% fee on customer withdrawals, and that these fees would go back into the funds. Reference Link
News For BLK From The Last 14 Days
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August 26, 2015
09:01 EDTBLKBlackRock to acquire FutureAdvisor, terms not disclosed
BlackRock has entered into a definitive agreement to acquire FutureAdvisor. FutureAdvisor will operate as a business within BlackRock Solutions. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2015. The financial impact of the transaction is not material to BlackRock earnings per share. Terms were not disclosed.
07:39 EDTBLKPiper Jaffray lowers estimates for asset managers below consensus
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August 23, 2015
12:50 EDTBLKBlackRock shares could return 20% in one year, Barron's says
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August 19, 2015
06:13 EDTBLKSnapdeal secures $500M in investment round led by Alibaba, Softbank
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