International Business News - BlackRock http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the earnings stories for Thursday, July 17, from AP Financial News: NEW YORK (AP)--Investment manager BlackRock Inc. on Thursday said profits rose 23 percent in the second quarter on a sharp increase in assets under management, including deals to liquidate troubled investment portfolios for others. http://www.ibtimes.com/articles/20080717/earnings-roundup-blackrock-eurotunnel.htm Thu, 17 Jul 2008 10:49:49 EDT Investment manager BlackRock Inc. on Thursday said profits rose 23 percent in the second quarter on a sharp increase in assets under management, including deals to liquidate troubled investment portfolios for others. http://www.ibtimes.com/articles/20080717/blackrock-2q-earnings-rise-sharply.htm Thu, 17 Jul 2008 07:21:45 EDT Merrill Lynch & Co. may take a $6 billion writedown in for the second quarter and could look to raise capital by selling part of its stake in BlackRock, an investment management firm, for up to $2 billion, according to a Citigroup report. http://www.ibtimes.com/articles/20080707/merrill-lynch-citigroup-blackrock-writedown.htm Mon, 07 Jul 2008 15:09:07 EDT Shares of BlackRock Inc. rose Monday afternoon after a Goldman Sachs Group Inc. analyst raised his rating on the investment manager to "Buy," saying a shares are at an attractive price. http://www.ibtimes.com/articles/20080623/last-call-blackrock-rises-on-upgrade.htm Mon, 23 Jun 2008 15:18:21 EDT Among the premarket stories for Monday, June 23, from AP Financial News: NEW YORK (AP)--A Goldman Sachs analyst upgraded asset manager company BlackRock Inc. Monday, saying the stock has slipped to an attractive price and the business is in good shape. http://www.ibtimes.com/articles/20080623/premarket-roundup-blackrock-lm-ericsson.htm Mon, 23 Jun 2008 10:29:13 EDT A Goldman Sachs analyst upgraded asset manager company BlackRock Inc. Monday, saying the stock has slipped to an attractive price and the business is in good shape. http://www.ibtimes.com/articles/20080623/ahead-of-the-bell-blackrock-upgraded.htm Mon, 23 Jun 2008 08:41:35 EDT BlackRock Inc. Chief Executive Laurence Fink on Wednesday said government-backed mortgage lenders need a major influx of capital in order to pursue opportunities in the market's dislocation, a move that could help the nation's housing industry climb back from its worst slump in decades. http://www.ibtimes.com/articles/20080611/blackrock-ceo-says-fannie-freddie-should-raise-capital.htm Wed, 11 Jun 2008 14:00:51 EDT The general counsel of financial services company BlackRock Inc. sold 3,031 shares of common stock, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080603/blackrock-general-counsel-sells-common-shares.htm Tue, 03 Jun 2008 12:40:39 EDT Swiss bank UBS AG said Wednesday it sold subprime and other mortgage-based securities to a newly created investment fund run by U.S. asset manager BlackRock Inc. for $15 billion. http://www.ibtimes.com/articles/20080521/ubs-sells-subprime-assets-to-blackrock.htm Wed, 21 May 2008 16:30:06 EDT A president of financial services company BlackRock Inc. sold 50,000 shares of common stock, according to Securities and Exchange Commission filings Monday. http://www.ibtimes.com/articles/20080507/blackrock-president-robert-kapito-sells-50-000-shares.htm Wed, 07 May 2008 13:55:28 EDT The chairman and chief executive of financial services firm BlackRock Inc. exercised options for 39,700 shares of common stock, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080428/blackrock-ceo-fink-exercises-options-for-39-700-shares.htm Mon, 28 Apr 2008 16:06:10 EDT The president of investment manager BlackRock Inc. exercised options for 52,500 shares of common stock, according to Securities and Exchange Commission filings. http://www.ibtimes.com/articles/20080428/blackrock-president-robert-s-kapito-exercises-options.htm Mon, 28 Apr 2008 14:27:06 EDT BlackRock Inc.'s first-quarter earnings rose 24 percent but fell short of Wall Street expectations as performance-based fees languished amid market turmoil, the financial services firm said Wednesda... http://www.ibtimes.com/articles/20080416/blackrock-profit-jumps-but-misses-expectations.htm Wed, 16 Apr 2008 07:26:00 EDT BlackRock Inc. expects to buy out $1.9 billion of its funds' auction-rate preferred shares a type of investment stung by illiquidity to protect its clients, the investment manager said Tuesday. The... http://www.ibtimes.com/articles/20080415/blackrock-to-buy-out-1-9b-in-auction-rate-preferred-shares.htm Tue, 15 Apr 2008 16:22:37 EDT Goldman Sachs and Wachovia analysts downgraded BlackRock Inc. Friday, saying the investment manager's stock price will not likely be able to sustain its recent growth. Goldman Sachs analyst Marc Ir... http://www.ibtimes.com/articles/20080411/ahead-of-the-bell-blackrock-downgrades.htm Fri, 11 Apr 2008 09:07:49 EDT Among the stock activity stories for Thursday, March 27, from AP Financial News: NEW YORK (AP) _ Shares of BlackRock Inc. fell sharply Thursday after a Credit Suisse analyst cut his rating on the investment manager, arguing the stock prices in too lofty expectations. http://www.ibtimes.com/articles/20080327/movers-roundup-blackrock.htm Thu, 27 Mar 2008 17:56:01 EDT Shares of BlackRock Inc. fell sharply Thursday after a Credit Suisse analyst cut his rating on the investment manager, arguing the stock prices in too lofty expectations. http://www.ibtimes.com/articles/20080327/analyst-blackrocks-stock-too-pricey.htm Thu, 27 Mar 2008 14:33:30 EDT Investment management firms BlackRock Inc. and Highfields Capital Management said Monday they are sponsoring a new company that will acquire and restructure distressed mortgages. http://www.ibtimes.com/articles/20080324/blackrock-sponsoring-new-mortgage-co.htm Mon, 24 Mar 2008 09:04:51 EDT BlackRock Kelso Capital Corp. said Thursday its board declared a regular quarterly dividend of 43 cents. The business development company said the dividend is payable March 31 to shareholders of record March 17. http://www.ibtimes.com/articles/20080307/blackrock-kelso-sets-quarterly-dividend.htm Fri, 07 Mar 2008 18:04:48 EST The chairman of U.S. investment fund BlackRock said in comments published Wednesday that China is an investment opportunity at a time when much of the world is suffering a credit crisis. http://www.ibtimes.com/articles/20080220/blackrock-sees-opportunity-in-china.htm Wed, 20 Feb 2008 00:50:05 EST