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Blackrock Newsroom
Analyst Predicts Strong Earnings For Brokers Amid Solid Retail Engagement: Virtu Financial, Robinhood, And BlackRock Under The Spotlight
Sector Update: Financial Stocks Mixed Wednesday Afternoon
Sector Update: Financial
Market Chatter: BlackRock to Cut 1% of Workforce
Express News | Blackrock will lay off about 1% of its workforce to realign resources with the Global Strategy.
Blackrock (BLK.US) plans to lay off about 200 employees.
According to reports from foreign media citing a Blackrock (BLK.US) memorandum, the company plans to reduce its workforce by about 1%. With the company having over 21,000 employees, this equates to cutting around 200 positions. The company stated that this layoff is part of a strategic resource reallocation. The memorandum indicated that the company added 3,750 employees last year and anticipates adding 2,000 employees this year after closing trades with Global Infrastructure Partners and private Crediting Institutions HPS Investment Partners.
Express News | BlackRock to Cut About 1% of Its Employees - Bloomberg News
Blackrock will lay off 1% of its staff.
Gelonghui January 9 | According to an employee memo, Blackrock will cut 1% of its workforce.
BlackRock Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Deutsche Bank Maintains Blackrock(BLK.US) With Buy Rating, Raises Target Price to $1,215
BNP Paribas Exane Adjusts Price Target on BlackRock to $1,150 From $1,200, Keeps Outperform Rating
Citigroup's wealth management department: When U.S. bond yields rise to 5%, it will present a good opportunity to Buy.
Citi's wealth management division stated that as the economy continues to expand steadily, the U.S. 10-Year Treasury Notes Yield may rise further to 5%, which will present a good Buy opportunity. Chief Investment Strategist and Chief Economist Steven Wieting mentioned at a press conference in Singapore that it is certainly possible for this year's 10-Year U.S. Treasury yield to approach 5%. "We believe that 5% would be very attractive." As investors prepare for Trump's policies during a second presidential term that will drive up inflation, the benchmark U.S. Treasury yield surged to 4.70% on Tuesday. The resilience shown by the U.S. economy prompted Trade.
Wells Fargo & Co lowered Blackrock's Target Price to $1155.
Gelonghui, January 8 | Wells Fargo & Co: Reduced Blackrock's Target Price from $1200 to $1155, maintaining a "Shareholding" rating. (Gelonghui)
BlackRock on Track for Largest Percent Decrease Since March 2023 -- Data Talk
Decoding BlackRock's Options Activity: What's the Big Picture?
BlackRock Is Maintained at Overweight by Wells Fargo
BlackRock Analyst Ratings
Peering Into BlackRock's Recent Short Interest
Jefferies Maintains Blackrock(BLK.US) With Buy Rating, Raises Target Price to $1,175
Wells Fargo Maintains Blackrock(BLK.US) With Buy Rating, Cuts Target Price to $1,155