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Stock Market & Financial Investment News

News Breaks
February 4, 2014
08:33 EDTSI, BLKSiemens awarded turbine order for Windthorst-2 wind power plant
The Windthorst-2 wind power project in Windthorst, Texas, is expected to commence commercial operation in fall 2014. With 28 Siemens (SI) 2.3-MW wind turbines, the project will provide clean power to nearly 20,000 American households. A service agreement was also signed for the project and will help ensure the reliability, availability and performance of the wind turbines. A majority interest in the Windthorst-2 project was recently sold to a fund managed by BlackRock (BLK). OwnEnergy will maintain a minority ownership interest and manage its construction.
News For SI;BLK From The Last 14 Days
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April 16, 2015
05:48 EDTBLKBlackRock reports Q1 AUM up 8%
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05:47 EDTBLKBlackRock reports Q1 long-term net inflows of $70.4B
Flows were positive across all long-term asset classes, client types, regions and investment styles, with active net inflows of $32B and index net inflows of $38B. Reports Q1 Institutional long-term net inflows of $21B. Long-term net inflows were positive across all regions, with net inflows of $47.5B, $17.7B and $5.2B from clients in the Americas, EMEA and Asia-Pacific, respectively. At March 31, 2015, BlackRock managed 62% of its long-term AUM for investors in the Americas and 38% for clients in EMEA and Asia-Pacific.
05:45 EDTBLKBlackRock reports Q1 adjusted EPS $4.89, consensus $4.52
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April 15, 2015
07:49 EDTBLKJPMorgan to hold a conference
Public Finance Transportation & Utility Conference is being held in New York on April 15-16.
April 14, 2015
14:16 EDTBLKBlackRock April volatility elevated at 38 into Q4 and outlook
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April 8, 2015
07:22 EDTBLKEvercore ISI to hold a conference
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April 7, 2015
06:03 EDTBLKBlackRock CEO warns on strong US dollar, Financial Times reports
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April 6, 2015
15:16 EDTBLKBlackRock to consolidate or close certain money-market funds, WSJ says
In a Wall Street Journal interview, BlackRock co-head of global cash management Tom Callahan stated the company will consolidate or close certain money-market funds in order to comply with forthcoming SEC rule changes. The Journal notes that BlackRock will have "closer to 30" money-market funds after the change, as opposed to its current 50. Reference Link

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