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BlackRock Inc

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  • The U.S. Securities and Exchange Commission said Monday that BlackRock Advisors LLC breached its fiduciary duties to clients by failing to disclose that Daniel Rice, who oversaw some energy funds and separate accounts, was running a family-owned oil and natural gas company that ultimately became the largest holding of a fund he ran for BlackRock.

  • April 20- BlackRock Inc, one of the world's largest asset managers, agreed to pay $12 million to resolve U.S. Securities and Exchange Commission charges that a unit failed to disclose a conflict of interest created by the outside business activity of a top portfolio manager. The SEC on Monday said BlackRock Advisors LLC breached its fiduciary duties to clients...

  • April 16- BlackRock Inc said on Thursday it plans to beef up its quantitative investing team as the sector continued to outperform peers and reported its actively managed equity funds recorded the first inflows since 2013.. BlackRock, the world's largest money manager, also reported that first-quarter profit rose by 8.7 percent, and adjusted earnings topped...

  • Wall Street eyes more financials, housing data Thursday, 16 Apr 2015 | 8:30 AM ET
    Traders work at the Goldman Sachs Group Inc. booth on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open, as financial earnings continue to dominate news flow and economic data continued to indicate tepid growth.

  • Low interest rates creating 'havoc': Fink Thursday, 16 Apr 2015 | 8:23 AM ET
    Laurence Fink, BlackRock

    The pain created by low interest rates is misunderstood and not talked about enough, BlackRock CEO Laurence Fink tells CNBC.

  • Early movers: GS, UNH, BLK, BX, KEY, PM & more Thursday, 16 Apr 2015 | 7:57 AM ET
    A trader works the floor of the New York Stock Exchange.

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

  • April 16- BlackRock Inc, the world's largest money manager, said on Thursday that first- quarter profit rose by 8.7 percent, boosted by positive flows across asset classes. On an adjusted basis, BlackRock earned $4.89 per share, handily beating analysts' average estimate of $4.52, according to Thomson Reuters I/B/E/S. BlackRock saw $70.4 billion in long-term...

  • Investing in a low rate environment: Larry Fink   Thursday, 16 Apr 2015 | 6:52 AM ET
    Investing in a low rate environment: Larry Fink

    Larry Fink, BlackRock chairman & CEO, weighs in on fixed income investing.

  • BlackRock Q1 earnings beat on strength of ETF flows Thursday, 16 Apr 2015 | 6:51 AM ET
    BlackRock signage above building entrance in New York.

    Money is flowing to asset managers as low interest rates create challenges for investors, BlackRock chief Laurence Fink tells CNBC.

  • Why we need tax reform: Larry Fink   Thursday, 16 Apr 2015 | 6:41 AM ET
    Why we need tax reform: Larry Fink

    Larry Fink, BlackRock chairman & CEO, highlights the need for a long-term tax policy.

  • How to limit activist threats: Larry Fink   Thursday, 16 Apr 2015 | 6:35 AM ET
    How to limit activist threats: Larry Fink

    Larry Fink, BlackRock chairman & CEO, explains why companies need to focus on a long-term strategy.

  • April 16- BlackRock Inc, the world's largest money manager, reported an 8.7 percent rise in first-quarter profit, boosted by positive flows into its exchange-traded funds. On an adjusted basis, BlackRock earned $4.89 per share, handily beating analysts' average estimate of $4.52, according to Thomson Reuters I/B/E/S. Net inflows totaled $68.7 billion as...

  • April 16- BlackRock Inc, the world's largest money manager, reported an 8.7 percent rise in first-quarter profit, boosted by positive flows into its exchange-traded funds. On an adjusted basis, BlackRock earned $4.89 per share, handily beating analysts' average estimate of $4.52, according to Thomson Reuters I/B/E/S. Net inflows totaled $68.7 billion as...

  • Larry Fink: This will be year's 'big surprise'   Thursday, 16 Apr 2015 | 6:15 AM ET
    Larry Fink, Chairman and CEO of BlackRock at 2015 WEF in Davos, Switzerland.

    Larry Fink, BlackRock chairman & CEO, explains why he is optimist about European equities, thinks the U.S. dollar is too expensive, and shares his thoughts on stock buybacks.

  • Supply pressure will likely put lid on oil prices: Larry Fink

    Larry Fink, BlackRock chairman & CEO, shares his thoughts on where oil prices are likely headed.

  • Fueled by rising oil, stocks could take back highs Thursday, 16 Apr 2015 | 6:11 AM ET
    An oil worker in Mentone, Texas.

    The stock market is in striking distance of its all-time high and could get there in the next few sessions, despite fears about earnings.

  • Equities will continue to do fine: Larry Fink   Thursday, 16 Apr 2015 | 6:11 AM ET
    Equities will continue to do fine: Larry Fink

    Larry Fink, BlackRock chairman & CEO, shares his thoughts on how low interest rates are driving investors to stocks.

  • BlackRock's Q1 earnings beats expectations   Thursday, 16 Apr 2015 | 6:07 AM ET
    BlackRock's Q1 earnings beats expectations

    Larry Fink, BlackRock chairman & CEO, discusses the company's quarterly results and the impact of low interest rates on clients.

  • BlackRock tops 1Q profit forecasts Thursday, 16 Apr 2015 | 5:54 AM ET

    NEW YORK _ BlackRock Inc. on Thursday reported first-quarter earnings of $822 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $4.51 per share. BlackRock shares have increased slightly more than 5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2...

  • BlackRock quarterly profit rises 8.7 pct Thursday, 16 Apr 2015 | 5:51 AM ET

    The company's income rose to $822 million, or $4.84 per share, from $756 million, or $4.40 per share, a year earlier.