Key Analyst Upgrades This Week Thursday, August 26, 2:54 PM ET, by Market News Video Staff On Monday, UBS (UBS) upgraded shares of First Solar (FSLR) from neutral to buy as ...
Gold Edges Higher, Miners Head Lower Monday, August 30, 3:25 PM ET, by Market News Video Staff In afternoon trading today, spot gold prices edged higher as the US markets struggled to ...
Banks Earn $21.6 Billion in 2Q Tuesday, August 31, 12:00 PM ET, by Market News Video Staff According to the FDIC, the banking industry earned $21.6 billion in the second quarter of ...
Bonds ETFs Soar As Economic Data Weakens Equities Tuesday, August 31, 3:45 PM ET, by Market News Video Staff Over the last several months, a slew of disappointing economic data has caused investors to ...
By Market News Video Staff, Thursday, November 11, 1:11 PM ET
Investment management giant BlackRock (NYSE:BLK) was upgraded by Citigroup (NYSE:C) today, from hold to buy. Citi said that BlackRock is improving its competitive position. Citi hiked its price target on BlackRock by $30, to $210 per share. Earlier in the week Bank of America (NYSE:BAC) and PNC Financial Services (NYSE:PNC) sold a combined 51.1 million shares of BlackRock stock at $163 each. BlackRock shares are trading higher by about 1% on Thursday afternoon.
The stock is a 1.01% holding of the Claymore/Beacon Global Exchanges, Brokers & Asset Managers Index ETF (EXB), along with industry titan Goldman Sachs (NYSE:GS), at 5.62% of the fund, and Morgan Stanley (NYSE:MS) at 5.31%.
Money managers such as State Street (NYSE:STT) and T. Rowe Price (NASDAQ:TROW) are also components of the fund, which is trading flat today.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AmericaBankBlackRockBrokersCHANNELCitiCitigroupEarlierFinancialGlobalInvestmentMoneyMorganNYSEPORTFOLIOPortfolioPriceSachsStateStreetaboutafternoonallowsassetbondsclassescombinedcompletelycountriesdesignedflatfundgrowthhikedimprovingleadsmillionportfoliopositionpricesharesharesshortstockstockstermstodaytradingweekwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Analyst Moves: LRCX, GNW
Daily Dividend Report: KIM, UNH, AVP, BIP, XL
Daily Dividend Report: NOC, APC, BRCM, PPL, MTB, ACE
Analyst Moves: ARO, HCA
Weekly Market Wrap: May 11, 2012
Analyst Moves: LRCX, GNW
