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BlackRock Stock Rises
BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
BlackRock's assets hit a record high of $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, helped by fee income buoyed by stronger equity markets.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
BlackRock’s Profit Jumps 21%
BlackRock reported fourth-quarter earnings per share of $10.63. On an adjusted basis, per-share earnings of $11.93 topped analysts’ forecasts of $11.24. The world’s largest asset manager reported net income of $1.
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter and fiscal 2024 on a high note.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
BlackRock's Assets Hit Record Of Over $11 Trillion In Q4
BlackRock's assets reached a record in the fourth quarter of over $11 trillion, driven by a more than 20% profit increase. The world's largest money manager saw assets rise from nearly $10 trillion a year ago.
BlackRock Stock Gains Pre-Market After Hitting Record $11.6 Trillion In Assets: Retail Turns Extremely Bullish
BlackRock’s shares rose 3.3% in premarket trade on Wednesday after the company’s assets hit a record $11.6 trillion at the end of the fourth quarter. The world’s largest asset manager said it garnered a record net inflow of $641 billion in 2024,
BlackRock, Larry Fink
In Larry Fink's 100th earnings call, the BlackRock CEO spoke about private markets and retirement — but not his own
BlackRock set a record for net inflows in 2024, with more than $600 billion.
BlackRock CEO Larry Fink: It’s time for investors to rethink long-held principles about stocks and bonds
BlackRock made $25 billion of investments to strengthen its position in private markets, acquiring investment fund Global Infrastructure Partners and private credit-focused HPS In
BlackRock CEO Larry Fink: Infrastructure will be the largest growing sector in private capital
BlackRock CEO Larry Fink joins 'Squawk Box' to discuss the company's alternatives business, 3 company acquisitions in 2024, succession plans, and more.
BlackRock Executive Seen
BlackRock Shakes Up Leadership, Units as CEO Contender Exits: Memo
BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO Larry Fink and President Rob Kapito. The changes follow several major private market-linked acquisitions at BlackRock in the past year: Global Infrastructure Partners,
BlackRock Executive Seen as Leading CEO Contender to Leave Firm
Over more than two decades at BlackRock, Wiedman was known for leading the integration of Barclays Global Investors and the iShares exchange-traded fund business after BlackRock a
BlackRock executive Mark Wiedman to leave firm, FT reports
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is departing the firm, the Financial Times reported on Tuesday, citing four people close to the company.
1d
The race to succeed Larry Fink just got a little more interesting as a top contender exits BlackRock
The BlackRock veteran Mark Wiedman is planning his exit from the firm, shaking up the race to succeed CEO Larry Fink.
21h
on MSN
BlackRock Promotes Senior Executives Amid Wiedman’s Exit
BlackRock Inc. is elevating several senior executives to expand its business in the Americas and with key institutional ...
1d
BlackRock Earnings: Profit Increases; Assets Set Record
BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock ...
1d
on MSN
BlackRock Executive Mark Wiedman to Leave Firm, Sources Say
Wiedman's departure, reported by the Financial Times earlier on Tuesday, comes a year after another executive, Salim Ramji, ...
7h
BlackRock’s Strong Organic Growth and Strategic Positioning Justify Buy Rating
BlackRock (BLK – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael Cyprys from ...
20h
on MSN
BlackRock Inc. stock outperforms competitors on strong trading day
Shares of BlackRock Inc. rose 5.19% to $1,013.18 Wednesday, on what proved to be an all-around favorable trading session for ...
1d
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its ...
2d
on MSN
BlackRock is trying to avoid the hot seat as GOP takes power
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
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