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Stock Market & Financial Investment News

News Breaks
March 26, 2014
07:40 EDTBLKBlackRock's Fink warns CEOs against quick fix activist tactics, WSJ says
Larry Fink, the head of the world's largest money manager by assets, BlackRock, sent a letter to the CEO of every S&P 500 company in recent days, warning that dividends and buybacks that activist hedge funds may push for may not be in the best long-term interests of the company and its investors, reported The Wall Street Journal. 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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