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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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March 2, 2015
06:15 EDTBLKBlackRock downgraded to Neutral from Buy at Citigroup
Citigroup downgraded BlackRock (BLK) to Neutral citing the stock's proximity to its unchanged price target of $385. Citi's top pick in the Asset Managers space is Invesco (IVZ), followed by AllianceBernstein (AB) and OM Asset Management (OMAM), which it upgraded this morning to Buy.
February 27, 2015
10:17 EDTBLKBlackRock invests $300M in Jawbone, Fortune reports
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February 18, 2015
07:12 EDTBLKCFA Society of Minnesota to hold a discussion
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