BlackRock Inc. (BLK)

489.97
0.99 0.20
NYSE : Finance
Prev Close 490.96
Open 490.81
Day Low/High 488.69 / 492.57
52 Wk Low/High 360.79 / 495.39
Volume 76.67K
Avg Volume 580.10K
Exchange NYSE
Shares Outstanding 155.17M
Market Cap 75.20B
EPS 26.90
P/E Ratio 18.70
Div & Yield 13.20 (2.68%)

Latest News

Valuation and 2 Names to Watch Into Earnings: Market Recon

Valuation and 2 Names to Watch Into Earnings: Market Recon

Citigroup and Lululemon are on the radar this morning.

Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon

Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon

What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.

Looking Ahead to Friday Morning

While we're getting ready for those earnings reports after today's close, here' a look at what's on tap tomorrow morning. American Express Autoliv BlackRock Citizens Financial Group Cleveland-Cliffs Gentex IberiaBank KC Southern Manpower NVR Regions...

The Changing Market Structure and Sinister Role of Machines and Algos Puts the Market on a Hair Trigger

* The market structure has changed - this evolution holds important ramifications. * Black Rock's Larry Fink missed an important reason for the market's 2019 advance - it wasn't cash on the sidelines, it was the momentum delivered by the products/st...

Buckle Up! More Night Moves and Heightened Volatility

* A regime of volatility is growing more conspicuous (and likely) against an investment backdrop dominated by machines and algorithms * More volatility is suggested by an increasingly ambiguous global economic picture and with the chances of policy ...

Real Money Post-Industrial Average Leaves Major Indices in the Dust

Real Money Post-Industrial Average Leaves Major Indices in the Dust

RMPIA outperformed once gain during April.

This Is Exactly What the Market Needed

This Is Exactly What the Market Needed

Tuesday's rally was primarily a product of poor positioning and too much anticipatory bearishness.

Operating in Your Circle of Competence (Part Deux)

Last week in Operating in Your Circle of Competence, I cautioned that BlackRock's Larry Fink's Bullish hyperbole and non rigorous market "melt-up" forecast should be questioned (or even ignored) and that "the last one in could be a rotten egg": I pr...

Bank Earnings: Here's What We Know So Far

Bank Earnings: Here's What We Know So Far

Here's your very own bank earnings 'cheat sheet.'

And the Beat Goes On...

Despite Larry Fink's "melt-up" comments, BlackRock  strategists are suggesting trimming one's risk in the markets!

Operating in Your Circle of Competence

* Another lesson learned * The last one in is a rotten egg! I prefer learning lessons when I make mistakes or observe others (possibly) doing the same. When I watched BlackRock  CEO Larry Fink, express the view that the Fear of Missing Out ("FOMO") ...

The Fear of Missing Out ('FOMO') or...'Last One in Is a Rotten Egg'!

* "FOMO" is not necessarily a legitimate and thoughtful reason to be Bullish * 'Cause when life looks like easy street, there is danger at your door. * "FOMO" is a strategy and argument (mentioned by Larry Fink yesterday on CNBC) for mindless moment...

Is It Ridiculous to Believe the Market Could Melt-Up?

Is It Ridiculous to Believe the Market Could Melt-Up?

BlackRock CEO Fink's warning of a market 'melt-up' may be ridiculed by the bears, but he may have a point.

Fibocall: Tuesday Early Texts

Fed's Evans Knows Nothing, China Q1 GDP, Trading Netflix: Market Recon

Fed's Evans Knows Nothing, China Q1 GDP, Trading Netflix: Market Recon

When Netflix reports earnings tonight, what will likely matter above all else for now will be subscriber growth.

Uber vs. Lyft: The Tale of the Titanic IPO Tape

Uber vs. Lyft: The Tale of the Titanic IPO Tape

Who you gonna call for a ride?

More Signs of Slowing Global Economic Growth

The foundation of the recent market rally, to me, is on a shaky foundation. Check out this piece from the IMF. And from my pal Danielle DiMartino Booth: Taking a Bite of Forbidden Fruit   VIPs Financial services layoffs continue as BlackRock and Sta...

BlackRock's Earnings Slump Shouldn't Come as a Big Surprise

BlackRock's Earnings Slump Shouldn't Come as a Big Surprise

The steep declines over the past seven months make me much less critical of BLK's Q4 results.

UK Finds Breaking Up Is Hard to Do: Market Recon

UK Finds Breaking Up Is Hard to Do: Market Recon

As uncertainty increases, expect greater demand for safe haven assets.

The Deteriorating Outlook for Global Economic and U.S. Corporate Profit Growth Will Likely Act as a Headwind to Stocks From Here

* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...

Real Money Post Industrial Average Continues to Outperform Dow and S&P 500

Real Money Post Industrial Average Continues to Outperform Dow and S&P 500

Buoying RMPIA during the first half of December were shares of Broadcom, Facebook and PayPal.

Premier Growth, Reasonably Priced

Premier Growth, Reasonably Priced

BlackRock's long-term track record has been excellent.

BlackRock Needs to Establish a New Base Before the Technicians Will Return

BlackRock Needs to Establish a New Base Before the Technicians Will Return

Prices have made a significant decline from the January zenith but that may not be enough for investors to go long.

BlackRock Could Have Further to Fall Before Finding Good Support

BlackRock Could Have Further to Fall Before Finding Good Support

The bigger picture argues for further declines at BlackRock.

Here's How to Play Adobe on Killer Growth Forecast: Market Recon

Here's How to Play Adobe on Killer Growth Forecast: Market Recon

Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.

BlackRock's Rieder on the Bond Market

On CNBC's Fast Money: Halftime Report: BlackRock's Rick Rieder is extolling the virtues of the front end of the bond market. He is talking my book - as I have my largest exposure (by far) in three month to two year Treasury paper.

Let's Revisit the Chart of the Bank Index

Let's Revisit the Chart of the Bank Index

It amazes me that there is not constant bearish chatter about this group.

7 Top Stock Picks in Investment Banking and Asset Management

7 Top Stock Picks in Investment Banking and Asset Management

With the market testing record highs, it's no surprise these names are doing well.