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Bonds Are a Good Bet Again. Where to Find Yields of 6% or More. -- Barrons.com
BlackRock Inc. Stock Outperforms Competitors On Strong Trading Day
Express News | BlackRock Announces Shareholder Approval of Strategy Changes to the BlackRock Technology and Private Equity Term Trust (Btx)
"Too large to provoke" Regulatory agencies stipulated that Blackrock can retain a large number of utility stocks in the USA.
On Thursday, US energy regulators once again approved Blackrock to hold a significant stake in utility companies, a victory for the global top Asset Management firm, amidst concerns about Blackrock's excessive influence causing political issues. The decision by the Federal Energy Regulatory Commission (FERC) included a concurring opinion from the commission's Republican chairman, Mark Christie. He stated that while he is concerned about Blackrock's market power, utilities need to access capital. He wrote: One fact of economic life is that regulated utility companies must seek investment capital from anywhere, most of which is from...
Sector Update: Financial
BlackRock Gets FERC Approval to Maintain Major Stakes in Public Utilities