All Posts Tagged With: "BLK"
(LM) Legg Mason’s July Assets Under Management Higher
Legg Mason Inc. (LM) reported preliminary month-end assets under management (AUM) of $659.3 billion for the month of July, up 2.0% from $645.4 billion at the end of the prior month having declined marginally...
(SCHW) Charles Schwab Keeps ETFs Commission-Free
Charles Schwab Corp. (SCHW), a big player in the fast-growing exchange traded fund (ETF) market, does not intend to change its commission-free trading policy on its ETFs, Reuters reported...
(SCHW) Schwab Schwab Launches New ETFs
Last week, Charles Schwab Corporation (SCHW) announced the launch of three new bond Exchange-Traded Funds (ETFs). This will increase the tally of Schwab’s total ETFs to 11. Previously the company had 8...
(BLK) BlackRock Announces Plans to Double Mexican Asset Portfolio
On Wednesday, BlackRock, Inc. (BLK) said that the company intends to double its $13 billion asset portfolio in Mexico in the next three years. The company enjoys huge demand for Exchange Traded Funds (ETFs)...
(LM) Legg Mason Plans $300 Million Stock Buyback
Baltimore-based money manager Legg Mason, Inc. (LM) announced on Monday that it will buy back its $300 million common stock in an accelerated share repurchase transaction. As a result, the transaction is expected...
(BEN) Franklin Resources Announced it Priced Notes Offerings
Franklin Resources Inc. (BEN) announced on Monday that it has priced its public offering of $300 million aggregate principal amount of 2% notes due 2013 at an issue price of 99.823%, $250 million aggregate...
($FRE) Mortgage Delinquencies Still Rising
Freddie Mac (FRE) reported that the serious single family delinquency rate for mortgages in its portfolio rose to 3.87% in December from 3.72% in November, an increase of 15 basis points. Serious delinquencies...
(BLK) BlackRock Significantly Outperforms Expectations – Stock Drops
BlackRock’s (BLK) fourth quarter operating earnings per share of $2.39 significantly outperformed the Zacks Consensus Estimate of $2.12, earnings of $2.10 in the sequential quarter and 66 cents in the prior-year...
(CS) Case Schiller Indexes Show Home Prices Edge Up
In November, housing prices increased by 0.24% on a seasonally adjusted basis for both the Case Schiller (CS) Composite 10 (CS-10) and Composite 20 (CS-20) city indexes. The CS indexes are considered the gold standard of housing price indexes, and track actual repeat sales,...
(BAC) Bank of America’s Earnings Disappoint Due To TARP Payback
Bank of America Corporation’s (BAC) fourth quarter 2009 loss came in at 60 cents per share, a nickel worse than the Zacks Consensus Estimate of a loss of 55 cents. This compares unfavorably with the loss...
(BLK) BlackRock, Incorporated – Easily Beats Estimates
BlackRock, Inc. (BLK) reported 3rd-quarter results after the bell on Oct 19 that were better than expected, sending shares to a new 52-week high and within striking distance of the all-time high at $250.
Company Description
(BLK) BlackRock, Inc. – Easily Beats Forecasts
BlackRock, Inc. (BLK) reported 3rd-quarter results after the bell on Oct 19 that were better than expected, sending shares to a new 52-week high and within striking distance of the all-time high at $250.
Company Description
($AHR) Anthracite Capital Hears from the NYSE on Listing Standards
Anthracite Capital Inc. (AHR), a real estate finance company operating as a real estate investment trust (REIT), has recently announced that it has received a notice from the New York Stock Exchange (the NYSE) for non-compliance of the continued listing standards.
The...
(BLK) BlackRock Gives “Ups” to the Dollar
For those investors struggling to decide what currency to park their money in, or Americans concerned over the value of our dollar, the recent comments made by BlackRock (NYSE: BLK) should put them at ease.
Lawrence Fink, Chairman and CEO of Blackrock...
($BLK) BlackRock, Inc. – Momentum – Zacks Rank Buy
BlackRock, Inc. (BLK) reported solid second-quarter results on July 21 that marked a nice improvement from just last quarter. The company is also working on closing a deal to acquire Barclay’s lucrative iSHares ETF business for $13.5 billion.
(CAT) Earnings Optimism Hides Ugly Truth
by The Investment U Research Team
The mood seems to have soured...