Piper Jaffray Raises Price target on BlackRock (BLK) Following 3Q Review

BlackRock Reports Third Quarter 2015 Diluted EPS of $5.00 on a GAAP and as Adjusted Basis

October 14, 2015 6:30 AM EDT

$50.0 billion of total net inflows for the third quarter of 2015, including $35.0 billion of long-term net inflows Positive flows across investment styles and client types demonstrate diversification of platform Increased revenue and operating income and stable operating margin relative to the third quarter of 2014, despite negative market performance Diluted EPS decreased 7% (4% as adjusted) from the third quarter of 2014, reflecting a lower effective tax rate in last years third quarter Consistent capital management with $275 million of quarterly share repurchases

NEW YORK--(BUSINESS WIRE)--

BlackRock, Inc. (NYSE: BLK):

FINANCIAL RESULTS

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BlackRock Launches Impact Equity Funds

October 13, 2015 3:52 PM EDT

Impact investment strategy enables investors to combine social and financial goals

NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE: BLK) has launched the BlackRock Impact U.S. Equity Fund (the Fund), a mutual fund for investors that aims to invest in measurable social and environmental outcomes while seeking to generate competitive financial returns. The Fund will trade under the ticker BIRAX.

The Fund arrives at a time when sustainable and impact investing strategies are attracting a significant amount of interest as well as assets from investors. According to the Global Sustainable Investment... More