Results for “BlackRock”
78 stories found
BlackRock's GIP and EQT to Acquire AES for US$11 Billion
BlackRock's Global Infrastructure Partners (GIP) and EQT are set to acquire AES Corporation in an US$11 billion deal.
BlackRock Sells Entire Stake in Naturgy
BlackRock has sold its entire $3.25 billion stake in Naturgy, a significant divestment by the investment giant.
BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports
BlackRock to Sell Stake in Spanish Energy Firm Naturgy
BlackRock has announced its intention to sell its 11.4% stake in Naturgy, a Spanish energy firm.

More low- and middle-income Americans are investing, report finds. Here's why
Since 2020, the number of low- and moderate-income investors has increased 2.7 times, or 167%, according to a new BlackRock Foundation and Commonwealth report.
BlackRock Intermediate Muni Income Bond ETF declares monthly distribution of $0.0677

Net zero investment group drops 2050 target after US political backlash
The Net Zero Asset Managers initiative re-launched this week with more than 250 members after a year-long suspension and with looser rules after a US political backlash prompted BlackRock (BLK.N) to leave the climate group. The group’s new membership statement, created following a six-month review, no longer has an explicit requirement for members to align […]
BlackRock Corporate High Yield Fund Declares Dividend
The BlackRock Corporate High Yield Fund has declared a dividend of $0.0779.
BlackRock Core Bond Trust Declares Dividend
The BlackRock Core Bond Trust has declared a dividend of $0.0746.
BlackRock Virginia Municipal Bond Trust Declares Dividend
BlackRock Virginia Municipal Bond Trust declares a dividend of $0.0455.
BlackRock MuniYield Pennsylvania Quality Fund Declares Dividend
BlackRock MuniYield Pennsylvania Quality Fund declares a dividend of $0.0477.
BlackRock MuniYield Quality Fund III Declares Dividend
BlackRock MuniYield Quality Fund III declares a dividend of $0.0555.
GIP and EQT Nearing Deal to Acquire Power Firm AES Corp.
BlackRock Inc.'s Global Infrastructure Partners LP and EQT AB are reportedly in advanced discussions to acquire the power company AES Corp.
BlackRock's GIP, EQT close to acquiring AES Corp, Bloomberg News reports - Reuters
BlackRock's GIP, EQT close to acquiring AES Corp, Bloomberg News reports Reuters
BlackRock Highlights Japanese Bonds Offering 6% Yield with Currency Boost
BlackRock notes that Japanese bonds are offering a 6% yield, further boosted by currency movements.
Microsoft partners with SpaceX in its second tie up with an Elon Musk company
Microsoft is teaming up with Elon Musk's SpaceX to bring Starlink internet to rural Kenya, aiming to connect 450 community hubs. This follows Microsoft's earlier collaboration with Musk's xAI for AI services. Meanwhile, a consortium including Microsoft, Nvidia, and BlackRock is investing $40 billion in data centers to fuel AI growth.
When Will BlackRock File an XRP ETF? One Insider Sees Late 2026 as the Target
An insider suggests that BlackRock might file for an XRP Exchange Traded Fund (ETF) as late as 2026, indicating ongoing speculation in the cryptocurrency market.
Kuwait's KPC Draws Major Firms for Possible $7 Billion Pipeline Deal
Kuwait Petroleum Corporation (KPC) is attracting interest from major investment firms like BlackRock, Brookfield, and EIG for a potential $7 billion pipeline deal.

Bulgarian Analyst Discusses Effectiveness of Reformers
Plamen Monovski, co-founder of Blackrock Emerging Markets, discusses the 'trap of the white shirt' and argues that reformers should be effective, not necessarily saints.
BNP Paribas Joins BlackRock and JPMorgan in Tokenizing Funds on Ethereum
BNP Paribas is reportedly joining BlackRock and JPMorgan in the movement to tokenize funds on the Ethereum blockchain, indicating a growing trend among major financial institutions.
Are Chinese Firms Secretly Buying Bitcoin? The Mystery $436M Hong Kong BlackRock ETF Bet 'Hiding in Plain Sight'
A mysterious $436 million bet on a Hong Kong BlackRock ETF has sparked speculation about whether Chinese firms are secretly acquiring Bitcoin.
BlackRock Stock Declines Amid Investor Concerns
BlackRock's stock experienced a decline due to concerns from investors.
BlackRock Makes Significant Investment in Nebius Group
BlackRock has made a substantial investment in Nebius Group, indicating a strategic move in its portfolio.
Carlyle and BlackRock Stock Up on Cheap Software Loans to Boost CLO Profits
A report indicates that Carlyle and BlackRock are acquiring inexpensive software loans to enhance the profitability of their Collateralized Loan Obligations (CLOs).
BlackRock Loads Up on Bitmine as $1,400 Ethereum Target Looms
BlackRock has increased its investment in Bitmine as Ethereum's price target of $1,400 approaches, signaling confidence in the cryptocurrency market.

BlackRock-Led Consortium Acquires AES for $33.4 Billion
A consortium led by BlackRock, Global Infrastructure Partners, and EQT has agreed to acquire the American energy company AES for $33.4 billion, including debt, in a major energy sector deal.
Criteria Caixa increases stake in Naturgy to 28.5% with €600 million investment
Criteria Caixa, the investment holding of La Caixa, has increased its stake in Naturgy to 28.5% by investing 600 million euros to acquire an additional 2.5% from BlackRock.

BlackRock Shifts Investment Strategy
BlackRock, the world's largest investor, is reportedly moving away from traditional asset allocation to a scenario-based investment strategy.

BlackRock-Backed Group Pushes for Ports Deal Without Panama Assets
A BlackRock-backed group is attempting to finalize a ports deal, excluding Panamanian assets, following Central America's decision to eject Hong Kong-based CK Hutchison from canal terminals.
BlackRock’s GIP and EQT to Buy AES for $10.7 Billion
BlackRock Inc.’s Global Infrastructure Partners LP and EQT AB agreed to buy AES Corp.
BlackRock and EQT-Led Consortium to Acquire AES for $10.7 Billion
A consortium led by BlackRock and EQT is set to acquire AES for a total of $10.7 billion in a major corporate takeover.
BlackRock Ultra Short-Term Bond ETF Declares Monthly Distribution
The BlackRock Ultra Short-Term Bond ETF has declared a monthly distribution of $0.1617 per share.
BlackRock Credit Allocation Income Trust Declares Dividend
The BlackRock Credit Allocation Income Trust has declared a dividend of $0.0839.
BlackRock Debt Strategies Fund Declares Dividend
The BlackRock Debt Strategies Fund has declared a dividend of $0.0987.
BlackRock Income Trust, Inc. Declares Dividend
BlackRock Income Trust, Inc. has declared a dividend of $0.0882.
BlackRock MuniYield New York Quality Fund Declares Dividend
BlackRock MuniYield New York Quality Fund declares a dividend of $0.0512.
BlackRock MuniHoldings New Jersey Quality Fund Declares Dividend
BlackRock MuniHoldings New Jersey Quality Fund declares a dividend of $0.054.

BlackRock and Goldman Sachs join race to fund Phoenix’s pension business
UK pension group says all talks are in early stages and there is no certainty of an agreement
BlackRock Private Debt Fund Slumps After Dividend Cut
A BlackRock private debt fund has experienced a slump following its decision to slash dividends, impacting investor returns.
BlackRock TCP Capital Non-GAAP EPS of -$1.05 misses by $1.32
BlackRock TCP Capital reported a Non-GAAP EPS of -$1.05, missing estimates by $1.32, and announced a 32% reduction in its dividend to $0.17.

Greek AI Chip Startup Axelera AI Secures Half a Billion Dollars in Funding
Axelera AI, a Greek startup specializing in AI chips, has secured over $250 million in a new funding round, bringing its total financing to half a billion dollars. New investors include BlackRock and SiteGround Capital, with continued support from existing strong players.

BlackRock’s Rick Rieder is locking in attractive yields in this corner of the bond market before the opportunity slips away
BlackRock's Rick Rieder tells CNBC where he is investing for income right now and why he thinks the opportunity may not last.
BlackRock Sees Europe Credit Spreads Steady Amid AI Angst
BlackRock anticipates that Europe's credit spreads will remain steady despite anxieties related to artificial intelligence.
BlackRock® Canada Announces Final February Cash Distributions for the iShares® Premium Money Market ETF - The Globe and Mail
BlackRock® Canada Announces Final February Cash Distributions for the iShares® Premium Money Market ETF The Globe and Mail

Is the sale of Schroders really so bad for the City?
iShares’ sale to BlackRock holds lessons for the UK
BlackRock Signals $270M Bitcoin, Ethereum Sell-Off as $2.4B in Crypto Options Expire
BlackRock is signaling a significant sell-off of Bitcoin and Ethereum, totaling $270 million, as $2.4 billion in crypto options are set to expire.
BlackRock Stock: Analyst Estimates and Ratings Overview
This article provides an overview of analyst estimates and ratings for BlackRock stock, offering insights into its market performance and future outlook.
Abu Dhabi Funds Boosted BlackRock Bitcoin ETF Exposure to $1 Billion by End of 2025: Filings
Abu Dhabi funds are projected to increase their exposure to the BlackRock Bitcoin ETF to $1 billion by the end of 2025, according to recent filings.
BlackRock CEO Warns of Retirement Savings Shortfall
BlackRock CEO Larry Fink warns that most Americans are not saving enough for retirement, estimating a need for $2 million, a problem he believes will worsen for Gen X.
Carlyle, BlackRock Buy Cheap Software Loans
Carlyle and BlackRock are acquiring cheap software loans to boost CLO profits, indicating strategic investment moves.
Larry Fink Highlights US Retirement Savings Shortfall
BlackRock CEO Larry Fink warns that most Americans are significantly behind on saving for a comfortable retirement, falling short of the nearly $2.1 million needed.

BlackRock takes 5% stake in HLB amid FDA review
BlackRock, the world’s largest asset manager, has become the second-largest shareholder of Korean biotechnology firm HLB, amid the US Food and Drug Administration's review of its liver cancer drug. According to HLB’s regulatory filing on Wednesday, BlackRock Fund Advisors had acquired 6,664,921 shares of HLB, or a 5.01 percent stake, as of Feb. 24. The filing stated that the on-exchange stock purchase was made under a simple investment purpose. Jin Yang-gon, founder and chair of HLB, owned a 7.2

BlackRock Sells 11.4% Stake in Naturgy for €2.8 Billion
BlackRock has completed the sale of its 11.4% stake in the energy multinational Naturgy for 2.8 billion euros, marking a new phase for the company as the North American giant exits its capital.
BlackRock seeking to close port deal without Panama assets - report
A report indicates that BlackRock is attempting to finalize a port deal while excluding its assets located in Panama.

BlackRock Divests 11.4% Stake in Naturgy, Prompting Board Restructuring
BlackRock has exited its position in Naturgy by selling 11.4% of its capital, a move that is expected to lead to another restructuring of the company's board.

BlackRock and EQT Invest $33 Billion in AES
BlackRock and EQT are making a $33 billion investment in AES, a utility company that owns and operates power plants, signaling a bet on future electricity demand.
BlackRock Short Maturity Municipal Bond ETF Declares Monthly Distribution
The BlackRock Short Maturity Municipal Bond ETF has announced a monthly distribution of $0.1138 per share.
BlackRock Increases Risk in Target-Date Funds
BlackRock, a major asset manager, is reportedly increasing the risk profile of its target-date funds.
BlackRock Floating Rate Income Trust Declares Dividend
The BlackRock Floating Rate Income Trust has declared a dividend of $0.1202.
BlackRock Multi-Sector Income Trust Declares Dividend
The BlackRock Multi-Sector Income Trust has declared a dividend of $0.1237.
BlackRock Limited Duration Income Trust Declares Dividend
The BlackRock Limited Duration Income Trust has declared a dividend of $0.1132.
BlackRock MuniHoldings California Quality Fund Declares Dividend
BlackRock MuniHoldings California Quality Fund declares a dividend of $0.0535.
BlackRock MuniYield Michigan Quality Fund Declares Dividend
BlackRock MuniYield Michigan Quality Fund declares a dividend of $0.0545.
BlackRock TCP (TCPC) Earnings Call Highlights
A transcript of BlackRock TCP's earnings call is provided, detailing financial and operational updates.
BlackRock's Investment in IonQ and Quantum Computing Stocks
BlackRock's ownership of 24.3 million shares in IonQ is highlighted as an indicator of broader trends and insights into quantum computing stocks.
Tortoise Investment Management Acquires $3 Million of BlackRock Municipal Target Term Trust
Tortoise Investment Management has purchased $3 million worth of shares in the BlackRock Municipal Target Term Trust.
BlackRock allegedly duped into $430M loan by telecom entrepreneur
BlackRock reportedly loaned $430 million to a telecom entrepreneur who is now accused of faking invoices, leading to a significant financial scam.
Kuwait seeking BlackRock, Brookfield for potential $7B oil pipeline deal - Reuters
BlackRock's Rick Rieder on Treasury Volatility
BlackRock bond chief Rick Rieder expresses concerns about the reliability of Treasurys as a safe haven for investors, noting increased volatility in the U.S. bond market.
Monday's Top Wall Street Analyst Research Calls
A report highlights the top Wall Street analyst research calls for various companies including Alphabet, Blackrock, Nvidia, and Workday, released on a specific Monday.

‘A brutalist design’: Planned flood defences for south Dublin rail line divide opinion
Some residents in Blackrock and neighbouring areas are not convinced by a proposed solution from Irish Rail to defend against future floods
BlackRock Smaller Companies Trust Jumps 4% on Merger Plan with Throgmorton
BlackRock Smaller Companies Trust's shares rose by 4% after announcing a merger plan with Throgmorton.
Real World Assets (RWA) Transition from Pipe Dream to Reality with BlackRock's Involvement
Real World Assets (RWA) are moving from a theoretical concept to a tangible reality, significantly bolstered by the entry and investment of major financial player BlackRock.

Big Investor Buys BlackRock Stock, Focusing on Non-Traditional Areas
A major investor has acquired BlackRock stock, with their interest reportedly focused on areas outside of the firm's traditional dominance.

ValueAct's Morfit announces BlackRock position, says technology can make the company 'more powerful'
Morfit disclosed the holding for the first time on an episode of 'The Master Investor.'
How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan - The Wall Street Journal
How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan The Wall Street Journal
ETF Rejected by BlackRock and State Street Achieves 5X Category Average Returns
An ETF initially rejected by major financial institutions BlackRock and State Street has achieved returns five times its category average.