Topic: BlackRock Inc.
NEW YORK (Reuters) - The United States needs to use fiscal as well as monetary policy to boost the economy if it wants to convince cash-rich corporations to start hiring and investing, Bob Doll, chief equity strategist of BlackRock Inc said on ...
WASHINGTON (Reuters) - The U.S. Treasury Department will announce on Monday that three more funds have met requirements to get government financing that will let them begin purchases of banks' so-called toxic assets.Treasury said last Wednesday, which was September 30, that Invesco ...
While the "toxic asset" investment story may hold significant investment appeal for retail investors, it is a well documented fact that a closed end fund's (CEF) share price will typically trade to a post-IPO discount to its net asset value (NAV) over ...
At last it seems to have arrived, the much discussed PPIP. The plan now is for the Treasury to invest $30 billion and for the managers to invest a like sum. I take this to mean that if, for example, Blackrock raises ...
At last it seems to have arrived, the much discussed PPIP. The plan now is for the Treasury to invest $30 billion and for the managers to invest a like sum. I take this to mean that if, for example, Blackrock raises ...
Bigger is not always betterGovernment officials, regulators, and Congress told us what we already knew, that one of the biggest contributors to the financial crisis was that in the wild merger and acquisition binge of the 1990s some major financial firms had ...
Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity. The U.K. bank has received additional proposals for its iShares business and the broader Barclays Global Investors unit, including an ...
Two of the New York Federal Reserve's special investment vehicles lost a combined $2.25 billion during the third quarter, not surprising considering the market's trajectory after Lehman Brothers (nyse: LEHMQ - news - people ) collapsed and American International Group (nyse: One ...