BlackRock News

Laurence Fink kindly asks all you financial journalists, bearish money managers and talking heads to shut the hell up about a stock market bubble.

Ambac Financial Group lost a third of its market value Tuesday after the bond insurer said it may file for bankruptcy protection.

The search is on to replace Bank of America CEO Kenneth Lewis A It is the most prestigious job that nobody wants.

Nov. 9 -- Kevin Rendino, senior fund manager at BlackRock Inc., talks with Bloomberg's Carol Massar and Matt Miller about the outlook for the U.S. labor market.

Kristi Mitchem wants everyone to understand that the DC industry is about a lot more than just the recent poor market returns By Jeff Nash November 2, 2009, 12:01 AM ET Kristi Mitchem - picked to run the defined contribution business of a combined BlackRock Inc.

The $3 billion loan backed by Stuyvesant Town-Peter Cooper Village in Manhattan was transferred to a special servicer at the request of Tishman Speyer Properties Inc.

The corrected release... NEW YORK-- --Certain BlackRock closed-end funds announced distributions today as detailed below.

Charles Schwab Corp. on Tuesday launched its first exchange-traded funds, a move that could alter the landscape of the fastest-growing segment of the asset-management business.

Nov. 2 -- Robert Doll, chief investment officer for global equities at BlackRock Inc., talks with Bloomberg's Francine Lacqua, Jon Erlichman and Adam Johnson about the outlook for the U.S. stock market.

On June 29 , I recommended buying the TS&W/Claymore Tax-Advantaged Balanced Fund .A The fund is up about 15% since that recommendation and there's been a distribution of about 2% of the initial investment.A Not bad for sitting in bonds and equities of global mega-caps that pay high dividends.

As investors slowly dip their toes back into the stock market, mutual fund companies are cautiously hiring again.

The states's two biggest retirement pension funds, the California State Public Employees Retirement System and the California State Teachers Retirement System, stand to lose a combined $600 million invested in one of the boldest real estate ventures in history.

Mutual funds run by companies including BlackRock Inc. and T. Rowe Price Group Inc.

SL Green Realty Corp. and its Gramercy Capital Corp.'s investment in the Stuyvesant Town Peter Cooper Village is in deep trouble because of a recent court ruling that would severely compromise its ability to repay its debt .

Bank of America can't seem to find any qualified candidates that actually want to be the company's next CEO, according to a new report from the Wall Street Journal.

In what's shaping up to be a quarter of mixed results for asset managers, Franklin Resources Inc.

BlackRock, Inc. today announced that it released data for its closed-end municipal funds for September 2009.

But as we move to a new phase, a time of slow but seemingly steady recovery, some of the biggest players might seem more on the fringe - academics, advisers, even a lobbyist.

Fidelity Investments, the worlda s largest mutual fund manager, is offering online trading for international stocks as it advises investors to keep as much as 30 percent of their equity holdings outside the U.S. Individual investors can use the system to trade in 12 foreign markets in eight currencies, James Burton , president of Fidelitya s retail ...

BlackRock Inc.'s chairman Laurence Fink said the U.S. economy will experience slow growth in the near-term but also chided the financial services industry for its role in the recent recession.