BlackRock Inc. (BLK) is in the Financial Services Industry

• Sort by
• View Related Content by Tag

• Prudential Hires Former ABN Exec as Asia Fund CEO

  By Jeffrey Hodgson HONG KONG (Reuters UK) - Prudential (PRU) has named former ABN AMRO executive Arne Lindman as the new head of its $74 billion (37.5 billion pound) Asian fund arm, ending a nearly year-long hunt for a permanent chief executive. The former CEO of...

  News items 2008-05-06

  Tags: ABN AMRO, Prudential Insurance Company Of America, Fund Manager, CEO, Financial Planning, BlackRock Inc., Prudential Insurance Company of America, UBS AG

• Legg Mason Posts First-ever Loss

  By Muralikumar Anantharaman BOSTON (Reuters) - Legg Mason Inc (LM) posted on Tuesday a wider-than-expected quarterly loss, the U.S. money manager's first loss ever, as it took a big charge related to a bail-out of money market funds exposed to risky securities and...

  News items 2008-05-06

  Tags: Asset management, Investment, Financial accounting, Legg Mason Inc., quarterly loss, asset, equity, Boston, Thomson Reuters Corp., S&P 500, earnings, Balanced Scorecard, analyst, net income, performance, security, stock, financial

• BlackRock Buying UBS Subprime Debt For $15 Billion: FT

  SINGAPORE (Reuters) - U.S. asset manager BlackRock Inc (BLK) is to buy a portfolio of subprime mortgage debt from UBS AG (UBSN) for $15 billion, the Financial Times reported on its website on Tuesday, citing people familiar with the transaction. The...

  News items 2008-05-05

  Tags: Asset management, Web site development, BlackRock Inc., UBS AG, Financial Times, Singapore, asset, Thomson Reuters Corp., Web site, U.S.

• BlackRock's Bob Doll Sees End of Fed Rate Cuts

  NEW YORK (Reuters) - The Federal Reserve is likely done with its series of interest-rate cuts that began in September, as financial market conditions have improved considerably and economic growth isn't deteriorating further, said Bob Doll, global chief investment officer of...

  News items 2008-04-30

  Tags: Financial services, Financial accounting, BlackRock Inc., Federal Reserve Board, chief investment officer, financial market, equity, DJIA, New York, Thomson Reuters Corp., interest rate, inflation, financial, asset

• BlackRock CEO Fink Awarded $41.87 Million in 2007

  WASHINGTON (Reuters) - BlackRock Inc (BLK) Chairman and Chief Executive Laurence Fink received $41.87 million in compensation in 2007, a 27 percent increase from the prior year, according to a regulatory filing on Monday. The pay raise came during a year when the...

  News items 2008-04-28

  Tags: Benefits, BlackRock Inc., compensation, regulatory filing, salary, Washington, Porter five forces, earnings per share, asset management, Thomson Reuters Corp., agreement, acquisition, asset, stock, benefit

• BlackRock Profit Hit By Market Turmoil

  BOSTON (Reuters) - Money manager BlackRock Inc (BLK) reported higher first-quarter profit on Wednesday as assets under management grew, but earnings fell far short of Wall Street estimates, hurt by market turmoil. "As the second quarter begins, markets remain highly unstable...

  News items 2008-04-16

  Tags: Performance management, Investment, Financial accounting, Financial services, turmoil, Merrill Lynch & Co. Inc., Boston, performance, Thomson Reuters Corp., foreign-exchange, capital market, earnings forecast, earnings, asset, asset management, hedge fund, quarterly prof

Additional Resources

• BlackRock Closed-End Municipal Fund Data Released For March 2008

  NEW YORK -- BlackRock, Inc. today announced that it released data for its closed-end municipal funds for March 2008. This information can be found in the "Closed-End Funds" section of www.blackrock.com. About BlackRock BlackRock is one of the world's largest publicly traded investment management firms. At...

  Articles 2008-05-05

• Fitch Downgrades 3 Classes from TORO ABS CDO I, LTD

  NEW YORK -- Fitch has downgraded three classes of notes issued by TORO ABS CDO I, Ltd. (TORO I) and two classes of notes remain on Rating Watch Negative. The following rating actions are effective immediately: --$864,771,710 class A notes downgraded to 'B' from 'AAA' and remain on...

  Articles 2008-05-02

• BlackRock Kelso Capital Corporation to Report First Quarter Earnings on May 8

  NEW YORK -- BlackRock Kelso Capital Corporation (NASDAQ:BKCC) ("BlackRock Kelso" or the "Company") announced today that it will report earnings for the quarter ended March 31, 2008 on Thursday, May 8, 2008 prior to the opening of the financial markets. BlackRock Kelso invites all interested persons to attend...

  Articles 2008-05-02

• Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds

  NEW YORK -- Today, the following BlackRock closed-end funds announced distributions. Details are as follows: [TABLE OMITTED][TABLE OMITTED][TABLE OMITTED][TABLE OMITTED][TABLE OMITTED][TABLE OMITTED][TABLE OMITTED] (*)In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended, the funds noted posted...

  Articles 2008-05-01

• Analyze the Growth Factors, Challenges and Barriers in Coal to Liquids Market

  DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c89483) has announced the addition of "Analyzing Coal to Liquids" to their offering. Coal is a fossil fuel formed in ecosystems where plant remains were saved by water and mud from oxidization and biodegradation. Coal is a readily combustible black or brownish-black...

  Articles 2008-04-23

• NJ-NAIOP announces its "Deal of the Year" finalists

  The finalists for the highly coveted "Economic Impact Deal of the Year Award" have been announced by the New Jersey Chapter of National Association of Industrial and Office Properties (NJ-NAIOP). The winner will be revealed at the Twenty-first Annual Commercial Real Estate Awards Gala on Thursday, May 15,...

  Articles 2008-04-23

• BlackRock Kelso Capital Corporation Announces Board Action

  NEW YORK -- BlackRock Kelso Capital Corporation (NASDAQ:BKCC) ("BlackRock Kelso" or the "Company") announced today that its Board of Directors (the "Board") has adopted a policy with respect to proposal number three of the Company's 2008 definitive proxy statement. In proposal three, the Company seeks the approval of...

  Articles 2008-04-22

• Capital gain as Sampras shakes off the cobwebs

  TENNIS Pete Sampras is to play in London for the first time since his last appearance at Wimbledon six years ago. The seven-times Wimbledon champion has agreed to play in the BlackRock Masters at the Royal Albert Hall in December. The 36-year-old retired in...

  Articles 2008-04-16

• Capital gain as Sampras shakes off the cobwebs

  TENNIS Pete Sampras is to play in London for the first time since his last appearance at Wimbledon six years ago. The seven-times Wimbledon champion has agreed to play in the BlackRock Masters at the Royal Albert Hall in December. The 36-year-old retired in...

  Articles 2008-04-16

• Capital gain as Sampras shakes off the cobwebs

  nTENNIS Pete Sampras is to play in London for the first time since his last appearance at Wimbledon six years ago. The seven-times Wimbledon champion has agreed to play in the BlackRock Masters at the Royal Albert Hall in December. The 36-year-old retired in...

  Articles 2008-04-16

• BlackRock Reports First Quarter Diluted EPS of $1.82

  Assets Under Management Rise to $1.364 Trillion at March 31, 2008 NEW YORK -- BlackRock, Inc. (NYSE:BLK) today reported net income for the quarter ended March 31, 2008 rose 24%, as compared to first quarter 2007, to $242 million or $1.82 per diluted share. Diluted earnings per share...

  Articles 2008-04-16

• BlackRock Announces Refinancing of Certain Auction Rate Preferred Shares Issued by BlackRock Closed-End Funds

  NEW YORK -- BlackRock, Inc. (NYSE:BLK) today announced that it intends to restructure approximately $1.9 billion of the leverage used by certain taxable and tax-exempt closed-end funds. "This action represents the first step of our objective to provide refinancing for auction rate preferred shares issued by BlackRock's closed-end...

  Articles 2008-04-15

• Nevada Elementary School to Receive Free Solar Array From Black Rock Solar, Dubbed 'Environmental Heroes' by People Magazine

  WADSWORTH, Nev., April 15 /PRNewswire/ -- The Natchez Elementary School on the Pyramid Lake Paiute Tribe's Reservation in Nevada will soon be home to a new solar energy system that will generate clean, reliable and free electricity from the sun. The project is being built by Black Rock Solar,...

  Articles 2008-04-15

• BlackRock, Inc. to Report First Quarter 2008 Earnings on April 16

  NEW YORK -- BlackRock, Inc. (NYSE:BLK) today announced that it will report results for the first quarter of 2008 prior to the opening of the New York Stock Exchange on Wednesday, April 16, 2008. Chairman and Chief Executive Officer, Laurence D. Fink, and Chief Financial Officer, Paul L. Audet, will...

  Articles 2008-04-11