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Stock Market & Financial Investment News

News Breaks
March 19, 2014
06:35 EDTBLK, TROWLarge money managers looking to influence companies, NY Times says
Mutual funds and other major money managers are collaborating with hedge funds behind the scenes to influence the decisions of publicly traded companies, according to The New York Times. T. Rowe Price (TROW) now has a reputation of trying to convince hedge funds to launch activist campaigns, while BlackRock's (BLK) portfolio managers reportedly give hedge funds some ideas, the newspaper stated. Reference Link
News For TROW;BLK From The Last 14 Days
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August 30, 2015
12:33 EDTBLKDividend-rich blue chips look attractive amid market volatility, Barron's says
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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 EDTBLK, TROWPiper 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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