BlackRock (NYSE:BLK) stock closed with a 5.2% gain after the company reported a strong fourth quarter for 2024, surpassing expectations largely due to performance fees, managed expenses, and a favorable tax rate.

Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception. Analysts tracked by FactSet expect the New York-based firm to report a record $11.

Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star."

As investors await earnings from the big banks, they've just gotten the latest results from BlackRock. The company said $284 billion flowed into its total assets under management (AUM), which amounted to $11.

On Wednesday, Citi analysts, led by Chris Allen, maintained their Buy rating and $1,200.00 price target for BlackRock, Inc. (NYSE:BLK), following the company's financial results which surpassed ...

BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock posted net income of $1.67 billion, up 21% from the same period a year earlier.

Big banks kick off Q4 results with Goldman Sachs, JPMorgan Chase, Wells Fargo, BlackRock, Citi reporting. Some names are basing.

Major US banks officially open earnings season with record numbers that beat analysts' expectations. Stocks rise sharply

On Wednesday, Citi analysts, led by Chris Allen, maintained their Buy rating and $1,200.00 price target for BlackRock, Inc. (NYSE:BLK), following the company's financial results which surpassed expectations. BlackRock's adjusted earnings per share (EPS ...

Wells Fargo (WFC) and [**Bank of New York Mellon (B

BlackRock, Inc. (NYSE:BLK), the $157.1 billion asset management giant, disclosed in a recent SEC filing that Mark Wiedman, head of the Global Client Business, has resigned from his role, effective today.