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From: LP12
BlackRock said it would undertake $450 million in share repurchases in the current quarter and deliver a 10% increase in quarterly cash dividend to $5.73 per share. Investors welcomed the earnings report, with the stock up nearly 3% in premarket trading. Before the results, the stock was up 4.4% for the year to date, outperforming the S&P 500’s gain of 0.6%. The majority of analysts covering BlackRock have a buy rating on the stock, with a price target of $1,225, according to FactSet, which implies 16% upside from current levels. https://www.marketwatch.com/story/fink-hails-one-of-blackrocks-strongest-starts-to-a-year-in-our-history-943ad616?mod=home_ln

Current Thread	Author	Time
Supertankers are heading to the US to get oil....[more]	Free Thinking Doggie	12:25:22
>> Or they can go through Hormuz (unless Iranian).	Hamsterwheel	12:29:31
>> Not at the moment they're not.	Free Thinking Doggie	12:33:38
>> WTI $92.37 spot	Occhio Pazzo 🇬🇧	12:39:25
>> Yup it's come back down but you cannot disrupt the global supply chain for ... [more]	Free Thinking Doggie	12:43:03
>> Short the Fuck out of them then. Go for it. Don't hold back	Occhio Pazzo 🇬🇧	12:50:51
>> If we see a similar scale sell off, I'll be a buyer.	Free Thinking Doggie	13:12:30
>> Not my style, I'm v short term. But I am surprised how markets have bounced.	Free Thinking Doggie	12:57:34
>> BlackRock said it would undertake $450 million in share repurchases in ... [more]	LP12	13:50:03
>> Especially in a world where many businesses rely on the Just in Time model.	Free Thinking Doggie	12:50:28
>> Futures...[more]	Occhio Pazzo 🇬🇧	12:42:38

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