Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-qu...
Tag: BlackRock Inc
Own stocks that are cheap on a price to earnings basis
CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. “In this env...
Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock
It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...
Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, ...
New Balance bulks up manufacturing presence in U.S. amid supply chain backlogs
New Balance has opened its fifth manufacturing space in North America. This one is in Methuen, Massachusetts. Source: New Balance While many retailers are struggling to preserve relationships with ove...
Larry Fink says globalization is over — Here’s what it means for the markets
BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, CEO and chairman of the world’s...
The world’s largest asset manager and a big bond fund are reported to be early losers from the war in Ukraine
As Wall Street assesses the damage to balance sheets resulting from Russia’s invasion of Ukraine, the world’s largest asset manager and a big bond fund are reported to be early losers. BlackRock BLK, ...
Women gain ground in the boardroom, holding 29% of director seats in 2022
Thomas Barwick | Stone | Getty Images Less than a third of corporate board seats are now held by women, despite evidence that has shown that gender diversity in boardrooms can lead to higher credit ra...
Investing app Acorns taps ‘choppy’ private markets at $1.9 billion valuation after scrapping SPAC
Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings ...
A new BlackRock shareholder vote that may rule future proxy battles
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock Inc., pauses as he speaks during the BlackRock Asia Media Forum in Hong Kong, China. Justin Chin | Bloomberg | Gett...
Global investors buy more mainland Chinese stocks
A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai, China, on Monday, Feb. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — International investor...
Activision Blizzard, Goldman Sachs, Peloton, Moderna and more
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York C...
JPMorgan, Wynn Resorts and more
Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Las Vegas Sands and Wynn Resorts saw their shares jump more than 11% and 7%, respectively, afte...
Stocks making the biggest moves premarket: BlackRock, Wells Fargo, Sherwin-Williams
Check out the companies making headlines before the bell: BlackRock (BLK) – BlackRock earned an adjusted $10.42 per share for the fourth quarter, beating the consensus estimate of $10.16, although rev...
Relative Strength Alert For Amazon.com
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a tec...
‘Odd time’ for markets but earnings matter again
CNBC’s Jim Cramer on Friday outlined his game plan for next week after Wall Street concluded its first five trading sessions of 2022. The “Mad Money” host said it’s “a bi...