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Stock Market & Financial Investment News

News Breaks
June 27, 2014
16:12 EDTBLKBlackRock Advisors receives Wells Notice
BlackRock Advisors has received a written Wells Notice from the SEC staff indicating the staff’s preliminary determination to recommend to the commission that the SEC file an action against BlackRock Advisors, a subsidiary of BlackRock. The SEC staff has taken the preliminary view that BlackRock Advisors’ disclosure as it related to then-employee Daniel Rice’s situation, and its policies and procedures, were inadequate. Rice was a portfolio manager for the BlackRock Energy & Resources Portfolio, and retired due to perceived potential conflict of interest as a result of his personal investments and involvement in a family business, Rice Energy LP.
News For BLK From The Last 14 Days
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December 17, 2014
07:45 EDTBLKCFA Society of Cleveland to hold a luncheon meeting
Russ Koesterich, Managing Director and Chief Investment Strategist of BlackRock discusses the company's 2015 Forecast at a luncheon meeting being held in Cleveland, Ohio on December 17 at 12 pm.
December 12, 2014
08:09 EDTBLKBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.
December 11, 2014
07:49 EDTBLKThe New York Times to hold a conference
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December 8, 2014
10:00 EDTBLKOn The Fly: Analyst Downgrade Summary
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09:27 EDTBLKBlackRock downgraded to Neutral at Susquehanna
As previously reported, Susquehanna downgraded BlackRock to Neutral from Positive citing weaker emerging markets and reduced expectations for active equity flow in 2015. Susquehanna maintained its $365 price target on BlackRock shares.
07:03 EDTBLKBlackRock downgraded to Neutral from Positive at Susquehanna
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