Blackrock Income Trust News

Stocks remained lower -- even as they came off earlier lows -- Wednesday, with markets entering the first session of the fourth quarter still on edge over whether Congress will pass the controversial $700 ...

Fears of a banking-sector meltdown pushed stocks deeply lower despite an attempted rebound late Wednesday.

Merrill Lynch & Co. brokers are pressing fund managers Pacific Investment Management Co.

As U.S. regulators come down hard on banks accused of improperly selling auction-rate securities, three closed-end fund firms are at different stages of fixing the problem for their investors.

Agire Mortgage Corporation, a full service mortgage advisory and solution provider, today announces expansion of their board of directors as well as the re-branding of their advisory services platform to Edge ...

BlackRock Inc's president said on Tuesday the money management firm is bracing for a "much bigger" global economic slowdown, but said financial market declines have created some of the best buying opportunities ...

The bank surged 13.7%, ending a weeklong slide, as investors were heartened by the news that investment firm Blackstone Group was considering a bid on 20% to 30% of Lehman.

The repurchase offer and withdrawal rights expired at 5:00 p.m., Eastern Time, on June 13, 2008.

BlackRock Inc., the largest publicly traded fund manager in the U.S., bought Lehman Brothers Holdings Inc.

Eric Pellicciaro , a managing director and portfolio manager with BlackRock, and Stuart Spodek and Andrew J. Phillips , managing directors and co-heads of U.S. fixed income within BlackRock's fixed-income ...

UBS AG , the bank with the highest net losses from the subprime crisis, gave an $11.25-billion loan to U.S. asset manager BlackRock Inc.

“We get called on all the time, but it's often not public”

One Saturday morning in March, Laurence Fink got some urgent news: Wall Street needed his help. via International Herald Tribune

The president of investment manager BlackRock Inc. exercised options for 52,500 shares of common stock, according to Securities and Exchange Commission filings. via Canadian Business Magazine

BlackRock Inc. , the largest U.S. publicly traded asset manager, and hedge-fund firm Highfields Capital Management LP are backing a new company seeking to raise $2-billion to buy delinquent residential ... via Globe and Mail

BlackRock ' s Closed-End Fund Board of Trustees has directed BlackRock to continue to actively explore potential solutions for its fund shareholders affected by the lack of liquidity in the auction rate ... via Earth Times

“This legislation will tax companies doing the kind of business that Blackrock is doing on one source of business compared to three different categories.”

Some potentially positive news on the job front in Delaware could move forward pending legislation in Dover. via WRDX-FM Claymont