The Benetton family and the American fund Blackstone have submitted a takeover bid for the Italian highway and airport operator Atlantia, valuing it at 58 billion euros, including its debt, according to Reuters. The offer comes as Atlantia prepares to raise € 8 billion from the sale of its largest asset, the Autostrade per l’Italia, […]
Tag: BlackRock
BlackRock: Net profit for the first quarter increased
BlackRock’s pre-conference trading was up 0.2% as the fund management company reported net profit for the first quarter to $ 1.44 billion, or $ 9.35 per share, from $ 1.2 billion. Dollars or $ 7.77 per share a year ago. Adjusted net income rose to $ 9.52 per share from $ 8.04. Revenue rose to […]
BlackRock: Yes to stocks but stay away from Europe – More bond pain is coming
Her Eleftherias Kourtali BlackRock now prefers US and Japanese stocks to European stocks due to the energy shock, while it remains underweight in bonds due to the inflationary environment, as pointed out in the new strategy report. More specifically, he notes, much has changed in the short term about the outlook for 2022. The war […]
BlackRock: Yes to stocks, but stay away from Europe – More bond pain ‘coming’
Of Eleftheria Kourtali BlackRock now prefers US and Japanese stocks to European stocks due to the energy shock, while it remains underweight in bonds due to the inflationary environment, as it points out in its new strategy report. More specifically, he notes, much has changed in the short term about the outlook for 2022. The […]
Fink (BlackRock): It’s the beginning of the end of globalization
The magnitude of the impact of Russia’s actions will be felt for decades to come, and they mark a turning point in the world order of geopolitics, macroeconomic trends and capital markets. This is stated in the annual letter to the shareholders, the CEO of Blackrock, Larry Fink. “I continue to believe in the long-term […]
BlackRock: The investment strategy in the midst of a huge stagflation
Her Eleftherias Kourtali The war in Ukraine will hit global growth, boost inflation and put central banks in a very difficult position, BlackRock points out in the new strategy report, adding that in this inflationary environment investors’ preference should be focused on the shares of developed markets. The war in Ukraine has already caused huge […]
BlackRock hits over $ 17 billion in Russia
According to the Financial Times, the losses incurred in the Russian holdings of the largest largest fund manager in the world, BlackRock, exceed $ 17 billion. In particular, at the end of January, its customers owned Russian assets worth more than $ 18.2 billion, but the closure of the Moscow market and international sanctions made […]
BlackRock: Profit increase of 2.5%, exceeded $ 10 trillion. the items under management
BlackRock Inc. announced a 2.5% increase in its profits for the fourth quarter, with the largest money manager in the world also recording an increase in fee revenue and exceeding the top 10 trillion. dollars in assets under management, as reported by Reuters. In particular, adjusted earnings rose to $ 1.61 billion, or $ 10.42 […]
BlackRock: Overweight in stocks – Opportunity for any sell-offs – Omicron will not derail the bull market
Of Eleftheria Kourtali The new year began with a record increase in cases, renewed restrictions and many returning home from work. The difference, however, this time compared to previous outbreaks is that the Omicron strain appears less severe in populations with high rates of vaccination and immunity, as BlackRock points out in the new strategy […]
BlackRock: Buy Shares, Sell Bonds in 2022 – Why We Live in Historic Markets
Her Eleftherias Kourtali We are entering a new market regime unlike any other in the last half century, as BlackRock points out in its 2022 Outlook report. combined with falling bond prices. He also said that central banks are starting to raise interest rates, but remain more “tolerant” of inflation as the economy restarts. However, […]