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BlackRock has told employees to leave their work devices at home when traveling to China. Under a new policy rolled out last week, staff are now banned from bringing company-issued laptops, iPhones, or iPads into the country whether for business or personal trips.
BlackRock has asked its staff visiting China for business trips to use temporary loaner phones and avoid using company laptops, Bloomberg News reported on Tuesday, citing an internal memo.
TORONTO, July 21, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the July 2025 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis. Unitholders of record of the applicable iShares ETF on July 28, 2025 will receive cash distributions payable in respect of that iShares ETF on July 31, 2025.
I added additional shares of Alphabet, PepsiCo, and the Schwab U.S. Dividend Equity ETF to The Dividend Income Accelerator Portfolio to optimize our portfolio's risk-reward, income, and growth balance. Alphabet's attractive valuation, low payout ratio, and strong earnings growth boost our portfolio's dividend growth and capital appreciation potential. PepsiCo combines dividend income and dividend growth, enhancing our portfolio's income and stability.
I first selected Dollarama as a defensive play in my Smith Manoeuvre portfolio against a potential recession. I sold my shares of BlackRock and I reinvested the money into Stella-Jones and CCL Industries. Telus improved its cash flow from operations, free cash flow, and reduced its capital expenditures.
BlackRock's Q2 2025 showed strong revenue and AUM growth, despite an earnings miss, supporting my Buy rating and double-digit growth outlook for the year. Strategic acquisitions of HPS Investment Partners and ElmTree Funds expand BlackRock's private credit and real estate offerings, diversifying revenue streams and boosting long-term margins. I have estimated a price per share of $1,152.12 for BLK and have initiated a Buy rating.
BlackRock, Inc. BLK reported better-than-expected earnings for the second quarter on Tuesday.
BlackRock hits a record $12.53 trillion in AUM, but shares fall as a $52B client withdrawal weighs on strong Q2 earnings.
BlackRock CEO Larry Fink on Tuesday said infrastructure is at the "beginning of a golden age" and that there's a need to invest trillions of dollars into power grids, AI and economic digitization.
CNBC's Brian Sullivan with BlackRock CEO Larry Fink, join 'Money Movers' to discuss earnings results, the energy trade and investing in AI and infrastructure.