Blackrock Income Trust News

BlackRock Inc's president said on Tuesday the money management firm is bracing for a "much bigger" global economic slowdown, but said financial market declines have created some of the best buying opportunities ...

The bank surged 13.7%, ending a weeklong slide, as investors were heartened by the news that investment firm Blackstone Group was considering a bid on 20% to 30% of Lehman.

The repurchase offer and withdrawal rights expired at 5:00 p.m., Eastern Time, on June 13, 2008.

BlackRock Inc., the largest publicly traded fund manager in the U.S., bought Lehman Brothers Holdings Inc.

Eric Pellicciaro , a managing director and portfolio manager with BlackRock, and Stuart Spodek and Andrew J. Phillips , managing directors and co-heads of U.S. fixed income within BlackRock's fixed-income ...

UBS AG , the bank with the highest net losses from the subprime crisis, gave an $11.25-billion loan to U.S. asset manager BlackRock Inc.

“We get called on all the time, but it's often not public”

One Saturday morning in March, Laurence Fink got some urgent news: Wall Street needed his help. via International Herald Tribune

The president of investment manager BlackRock Inc. exercised options for 52,500 shares of common stock, according to Securities and Exchange Commission filings. via Canadian Business Magazine

BlackRock Inc. , the largest U.S. publicly traded asset manager, and hedge-fund firm Highfields Capital Management LP are backing a new company seeking to raise $2-billion to buy delinquent residential ... via Globe and Mail

BlackRock ' s Closed-End Fund Board of Trustees has directed BlackRock to continue to actively explore potential solutions for its fund shareholders affected by the lack of liquidity in the auction rate ... via Earth Times

“This legislation will tax companies doing the kind of business that Blackrock is doing on one source of business compared to three different categories.”

Some potentially positive news on the job front in Delaware could move forward pending legislation in Dover. via WRDX-FM Claymont

BlackRock Inc., the largest publicly traded U.S. asset manager, said global fixed-income chief Keith Anderson resigned to run his own investment fund, the second co- founder of the firm to leave this year. via Bloomberg.com

Anthracite Capital Inc. said Wednesday it elected a new chairman to replace former BlackRock President Ralph L. Schlosstein, who is leaving the board of the real estate investment trust "to pursue other ... via International Business Times

“Receiving this award for three consecutive years demonstrates our successes and is a clear indication of our ability to deliver beyond expectations and surpass the industry standard.”

Media Alert: BlackRock, Inc. earned first place and the highest designation of " Excellent " in DALBAR ' s 2007 Trends & Best Practices in Investor Statements ranking in the " Leading Mutual Fund Statements " ... via Business Wire

“We are not over the integration of our firms”

BlackRock Inc. has grown into a money-management powerhouse under Chief Executive Laurence Fink. via The Wall Street Journal

Under "Taxable funds," the figure for BlackRock Corporate High Yield Fund VI, Inc. via Business Wire