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BlackRock Inc

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  • NEW YORK, July 29- Institutional investors, like endowments and sovereign wealth funds, are trading some of their stock futures contracts for exchange-traded funds, an action they say saves them money and effort while providing comparable returns.

  • WASHINGTON, July 23- U.S. regulators adopted moderate reforms for money market mutual funds on Wednesday, in what amounted to a compromise that aims to balance the need to reduce the risk of runs on the funds while still protecting the product's utility for investors.

  • S&P 500 ekes out record high as earnings roll in Wednesday, 23 Jul 2014 | 9:06 AM ET

    NEW YORK— The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies. Microsoft also announced results that beat forecasts.

  • U.S. SEC poised to adopt reforms for money market funds Wednesday, 23 Jul 2014 | 12:01 AM ET

    The reform will impact a wide variety of asset managers, from Blackrock Inc, Fidelity and Vanguard to Charles Schwab Corp, Pimco and Federated Investors Inc.. The two-pronged reform for the $2.6 trillion industry comes after a long battle between the SEC, the industry and federal banking regulators.

  • The new additions, who joined Deutsche Asset& Wealth Management from BlackRock Inc and TS Capital LLC, are part of a broader expansion effort as Deutsche looks to build out its ETP footprint in the United States. He was formerly a director for BlackRock's iShares sales and distribution strategy team and has spent nearly 15 years covering exchange-traded funds.

  • Subprime woes are back: This time in used cars Sunday, 20 Jul 2014 | 12:00 AM ET
    Used cars are displayed on a sales lot in San Rafael, California.

    Millions of Americans with shoddy credit records are obtaining used car loans, resembling the subprime mortgage mess, The NYT found.

  • Macedonia and South Africa successfully tapped bond markets on July 17, as buyers turned a blind eye to the ongoing Russian bond rout caused by U.S. sanctions and the bringing-down of a passenger plane on its border with Ukraine. And the bank crisis and resulting stock market tumble in Bulgaria made barely a ripple in neighbouring Romania or Hungary.

  • LONDON, July 17- Political instability and a worsening economic outlook mean major emerging markets such as Argentina, Brazil and Russia are riskier places to invest, according to a closely watched index.

  • Apple names BlackRock founding partner to board Thursday, 17 Jul 2014 | 6:15 PM ET

    Apple said on Thursday that Susan Wagner, founding partner of BlackRock, had been appointed to its board.

  • Apple appoints BlackRock founding partner to board Thursday, 17 Jul 2014 | 5:04 PM ET

    July 17- Apple Inc said Susan Wagner, founding partner of BlackRock Inc, had been appointed to its board. Campbell is chairman of Intuit Inc, the developer of tax-preparation software TurboTax. Besides BlackRock, Wagner also serves on the boards of DSP BlackRock, as well as Swiss Re, Wellesley College and Hackley School.

  • LONDON, July 17- Investment funds focused on emerging economies or high-yield debt may be unable to return investors' money promptly if turmoil hits markets, the Bank of England's financial stability chief warned on Thursday.

  • Intel leads Dow to 15th record-high close of the year Wednesday, 16 Jul 2014 | 4:06 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks climbed on Wednesday, with investor sentiment lifted by corporate earnings, deals and better-than-expected data on growth in China.

  • NEW YORK, July 16- Bank of America Corp agreed to pay the insurer American International Group Inc $650 million to settle long-running legal disputes over defective mortgage-backed securities that the bank sold in the run-up to the financial crisis.

  • Bank earnings show happy days are here again Wednesday, 16 Jul 2014 | 9:54 AM ET

    Bank results are on a roll, and it's picking up speed. Yet these stocks are starting to look pricey.

  • BlackRock trounces analysts' profit estimates Wednesday, 16 Jul 2014 | 9:32 AM ET
    BlcakRock's offices in New York City

    BlackRock delivered quarterly earnings that topped analysts' expectations on Wednesday.`

  • Wall Street awaits Yellen; Time Warner stock soars Wednesday, 16 Jul 2014 | 8:31 AM ET

    U.S. stock index futures pointed to a higher open on Wall Street ahead of Fed Chair Janet Yellen's second day of testimony.

  • BofA pays AIG $650 million to settle mortgage disputes Wednesday, 16 Jul 2014 | 7:56 AM ET

    NEW YORK, July 16- Bank of America agreed to pay American International Group Inc $650 million to settle long-running legal disputes over defective mortgage-backed securities sold in the run-up to the financial crisis.

  • Early movers: TWX, BAC, AAPL, IBM, YHOO & more Wednesday, 16 Jul 2014 | 7:53 AM ET

    Some of the names on the move ahead of the open.

  • NEW YORK, July 16- BlackRock Inc, the world's largest money manager, reported an 11 percent jump in second-quarter profit on Wednesday, boosted by strong markets that helped drive flows into its products across asset classes. BlackRock's iShares exchange-traded funds business drove the bulk of the asset manager's long-term net flows during the quarter.

  • BlackRock's second-quarter profit rises 11 percent Wednesday, 16 Jul 2014 | 6:41 AM ET

    The New York- based asset manager reported net income of $808 million, or $4.72 per share, up from $729 million, or $4.19 per share, a year earlier.