* Blackrock Solutions unit winning record business
* Fink says leveraged ETFs should be abolished
* Shares down 22 percent over the past year
BOSTON, Dec 8 (Reuters) - BlackRock Inc <BLK.N>, the
world's largest money manager, will report "very strong" earnings
and profit margins for the fourth quarter, Chief Executive Laurence
Fink said on Wednesday.
Fink, speaking at a Goldman Sachs investor conference in New
York, declined to be more specific. Analysts on average expect the
company to earn $2.80 per share in the fourth quarter, according to
Thomson Reuters I/B/E/S.
Shares of BlackRock, which oversees $3.3 trillion, have fallen
22 percent over the past year as the New York-based firm struggled
to integrate its $13.5 billion purchase of Barclays Global
Investors.
BlackRock Solutions, the firm's risk control services unit, is
receiving a record number of inquiries for new assignments, Fink
said. As a result, the unit will be hiring aggressively in Europe,
he said.
Fink, whose firm runs iShares, the largest exchange-traded fund
provider, criticized leveraged ETFs in his talk. Noting that a
competitor had introduced a triple-leveraged ETF, Fink said: "I
think they should just be abolished because I think they will blow
up one day." IShares does not offer leveraged funds. (Reporting
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GE wants to break out
Posted by admagazu on 4th of Jan 2011 at 04:03 pm
GE wants to break out over r 1 at 18.50s... volume increasing
GE very strong...imo
Posted by admagazu on 4th of Jan 2011 at 11:41 am
GE very strong...imo
USU made a U turn today
Posted by admagazu on 30th of Dec 2010 at 03:58 pm
USU made a U turn today with decent vol....one to watch
BNS is a breakout on
Posted by admagazu on 29th of Dec 2010 at 10:00 am
BNS is a breakout on the monthly charts with volume .. projects to 90 bucks
shorts are being forced to
Posted by admagazu on 28th of Dec 2010 at 02:57 pm
shorts are being forced to cover GE..
TBT may want 42-43 area,,
Posted by admagazu on 28th of Dec 2010 at 02:50 pm
TBT may want 42-43 area,,
BAC up in ah....
Posted by admagazu on 15th of Dec 2010 at 05:48 pm
BAC up in ah....
bought JEF.. potential breakout pattern...
Posted by admagazu on 15th of Dec 2010 at 03:39 pm
bought JEF.. potential breakout pattern...
Who? LOL
Exiting TBT too soon may be the larger mistake..
Posted by admagazu on 15th of Dec 2010 at 02:52 pm
Who? LOL
Exiting TBT too soon may
Posted by admagazu on 15th of Dec 2010 at 01:50 pm
Exiting TBT too soon may be the larger mistake..
cool thank Matt!
EWJ breaking of long term base.. new 52 week high I ...
Posted by admagazu on 13th of Dec 2010 at 12:38 pm
cool thank Matt!
EWJ breaking of long term
Posted by admagazu on 13th of Dec 2010 at 12:19 pm
EWJ breaking of long term base.. new 52 week high I believe
BLK NEWS ! BlackRock's Fink sees
Posted by admagazu on 8th of Dec 2010 at 05:40 pm
BLK NEWS !
BlackRock's Fink sees "very strong" Q4 profit
5:03 pm ET 12/08/2010- Reuters
* Blackrock Solutions unit winning record business
* Fink says leveraged ETFs should be abolished
* Shares down 22 percent over the past year
BOSTON, Dec 8 (Reuters) - BlackRock Inc <BLK.N>, the world's largest money manager, will report "very strong" earnings and profit margins for the fourth quarter, Chief Executive Laurence Fink said on Wednesday.
Fink, speaking at a Goldman Sachs investor conference in New York, declined to be more specific. Analysts on average expect the company to earn $2.80 per share in the fourth quarter, according to Thomson Reuters I/B/E/S.
Shares of BlackRock, which oversees $3.3 trillion, have fallen 22 percent over the past year as the New York-based firm struggled to integrate its $13.5 billion purchase of Barclays Global Investors.
BlackRock Solutions, the firm's risk control services unit, is receiving a record number of inquiries for new assignments, Fink said. As a result, the unit will be hiring aggressively in Europe, he said.
Fink, whose firm runs iShares, the largest exchange-traded fund provider, criticized leveraged ETFs in his talk. Noting that a competitor had introduced a triple-leveraged ETF, Fink said: "I think they should just be abolished because I think they will blow up one day." IShares does not offer leveraged funds. (Reporting
BLK up in ah at
Posted by admagazu on 8th of Dec 2010 at 05:04 pm
BLK up in ah at 177's...
yep... in at 30.40 with
Trade TBT off the weekly ... i'm holding says its ...
Posted by admagazu on 8th of Dec 2010 at 12:04 pm
yep... in at 30.40 with you guys... SMILE
Trade TBT off the weekly
Posted by admagazu on 8th of Dec 2010 at 11:46 am
Trade TBT off the weekly ... i'm holding says its going to low 40s weekly... or sell near 3.8% on the ten year may be easier to do...
I'm staying in TBT.. bonds
Bonds
Posted by admagazu on 7th of Dec 2010 at 05:30 pm
I'm staying in TBT.. bonds are wallpaper,, look at the weekly TBT its going to the 40's on the weekly chart
TBT weekly chart kicking in...
Posted by admagazu on 7th of Dec 2010 at 01:59 pm
TBT weekly chart kicking in...
watch TBT weekly... > 37.50s
Posted by admagazu on 7th of Dec 2010 at 11:13 am
watch TBT weekly... > 37.50s we may get big action...
buy banks baby!
Posted by admagazu on 2nd of Dec 2010 at 10:07 am
buy banks baby!