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Stock Market & Financial Investment News

News Breaks
January 30, 2013
15:27 EDTSPLS, BLKBlackRock reports 8.41% passive stake in Staples
News For SPLS;BLK From The Last 14 Days
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February 5, 2016
11:16 EDTSPLSParty City enters into e-commerce relationship with Staples
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February 2, 2016
16:02 EDTSPLSStaples, Office Depot finalize merger agreement extension
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11:10 EDTSPLSStocks with call strike movement; NFLX SPLS
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07:20 EDTBLKSEC Equity Market Structure Advisory Committee to hold a meeting
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January 27, 2016
06:46 EDTBLKFee prices on mutual funds, ETFs sliding towards zero, WSJ says
There is intense fee price competition occurring in the asset management sector as several fund firms, including BlackRock (BLK), Charles Schwab (SCHW), and others, cut fees on their passive products close to 0%, the Wall Street Journal reports. The competition is suppressing industry margins and building a greater impetus for firms to achieve scale, the report says. The slide in costs have been under way for years but is accelerating as the sector's largest companies are targeting increasingly cost-obsessed investors, the report says. Over 100 mutual funds and exchanged-traded funds currently cost $10 or less per $10,000 invested, up from 40 in 2010, the report says, citing Morningstar. Reference Link
January 26, 2016
06:45 EDTBLKBlackRock says clients seeking more illiquid holdings, Bloomberg says
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January 25, 2016
16:04 EDTSPLSStaples announces leadership changes as it streamlines structure
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06:47 EDTSPLSStaples offers to boost payment for loan to back Office Depot deal, Reuters says
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