BlackRock announced on March 6, 2026, that it would limit withdrawals from its HPS Corporate Lending Fund (HLEND) after investor redemption requests exceeded the 5% quarterly liquidity threshold. This move caused BlackRock's stock to fall by 7.69%, closing at $955.45 per share. Pomerantz LLP is investigating whether BlackRock and some of its officers engaged in securities fraud or other unlawful practices related to this event. Investors affected are encouraged to contact Pomerantz LLP for potential class action participation.
BlackRock reported strong Q2 results with net inflows of $192 billion, pushing assets under management (AUM) to a record $15.3 trillion. The firm's ETF business showed strong momentum, supported by new product launches and inclusion in Trump accounts...
BlackRock, Inc. reported a strong second quarter marked by record inflows, increased base fees, and double-digit revenue growth, highlighting the strength of its business model. The company's expansion into private markets and technology services is ...
BlackRock reported quarterly earnings per share of $13.91, surpassing analyst estimates of $12.69, and revenue of $7.08 billion, exceeding expectations of $6.73 billion. The company’s assets under management reached a record $15.3 trillion, a 22% inc...
BlackRock reported Q2 adjusted earnings of $13.91 per share, surpassing analyst estimates of $12.57, driven by record net inflows of $191.7 billion and a 31% revenue increase to $7.08 billion. Assets under management rose 22% to $15.34 trillion, with...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
