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News on BlackRock Global Allocation Inv A Fund (MDLOX)

Wednesday January 28th 2015

  

Latest news for BlackRock Global Allocation Inv A(MDLOX) (See analysis on MDLOX)

Aggregared News for BlackRock Global Allocation Inv A(MDLOX) from various sources

Where Are Top Go-Anywhere Managers Going? -  BlackRock Global Allocation Inv A Fund (MDLOX)Where Are Top Go-Anywhere Managers Going?

What Is Your Emerging-Markets Allocation? -  BlackRock Global Allocation Inv A Fund (MDLOX)What Is Your Emerging-Markets Allocation?

[video] Stattman likes bullish story of Bank of Japan -  BlackRock Global Allocation Inv A Fund (MDLOX)[video] Stattman likes bullish story of Bank of Japan

[video] Pro defensive on bonds -  BlackRock Global Allocation Inv A Fund (MDLOX)[video] Pro defensive on bonds

  

  

Latest business news

Wednesday January 28th 2015: Latest financial news from the world

iPhone sales trample expectations as profit sets global record -  BlackRock Global Allocation Inv A(MDLOX) newsiPhone sales trample expectations as profit sets global record

Apple CEO Tim Cook looks at a new IMac after presentation at Apple headquarters in CupertinoApple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. Apple's cash pile is now $178 billion, enough to buy IBM or the equivalent to $556 for every American. Apple Chief Financial Officer Luca Maestri told Reuters in an interview that the company did not sell more iPhones in China than the United States, despite some earlier predictions by research analysts. The company's success in the competitive Chinese market can be attributed to its partnership with China Mobile Ltd , the largest global mobile carrier, and the appeal of the larger screen size of the iPhone 6 and 6 Plus.



Shares in Apple suppliers leap on record results -  BlackRock Global Allocation Inv A(MDLOX) newsShares in Apple suppliers leap on record results

Apple logo is pictured inside the newly opened Omotesando Apple store at a shopping district in TokyoShares in European companies that supply parts to Apple Inc leapt on Wednesday after the tech giant reported the largest profit in corporate history, driven by record sales of iPhones and strong demand in China. Shares in British chip designer ARM and Imagination Technologies , which supplies graphics processing to the U.S. group, rose between 3 and 4 percent at the open as investors cheered the news overnight. It not only provides Apple with chips but also Samsung, and they get all the royalties," said Beaufort Securities sales trader Basil Petrides. German chipmaker Dialog Semiconductor , which counts Apple as one of its customers, rose 1.5 percent by 0819 GMT.



Fed seen remaining patient with rate guidance amid global turmoil -  BlackRock Global Allocation Inv A(MDLOX) newsFed seen remaining patient with rate guidance amid global turmoil

The United States Federal Reserve Board building is shown in WashingtonThe Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery. The Fed's first two-day policy meeting of the year concludes on Wednesday, and policymakers will likely restate their "patient" approach to raising rates, while also voicing faith that the economy will continue improving. Fed Chair Janet Yellen faces growing skepticism that the central bank can tighten monetary policy by mid-year, with a strengthening dollar and falling oil prices adding to worries that inflation readings remain too low for the Fed to begin hiking. "The Fed will follow through and normalize rates later this year...Our thinking is June.



Shares, dollar retreat before Fed's statement -  BlackRock Global Allocation Inv A(MDLOX) newsShares, dollar retreat before Fed's statement

A cameraman films a stock quotation board at the Tokyo Stock Exchange in TokyoBy Marc Jones LONDON (Reuters) - Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later in the day. European shares gave back early gains, after stumbling for the first time in nine sessions on Tuesday, and after record profits for Apple and a surprise rate cut in Singapore had bolstered Asian markets. The dollar was starting to slide against the euro , the yen and other currencies , anticipating a statement after the Fed's first meeting of the year ends later on Wednesday. Scepticism is growing that the Fed will raise rates by mid-year, as had been expected.



Exclusive: China plans to set 2015 growth target at 'around 7 percent' - sources -  BlackRock Global Allocation Inv A(MDLOX) newsExclusive: China plans to set 2015 growth target at 'around 7 percent' - sources
China plans to cut its growth target to around 7 percent in 2015, its lowest goal in 11 years, sources said, as policymakers try to manage slowing growth, job creation and pursuing reforms intended to make the economy more driven by market forces. The growth target, which is set to be announced by Premier Li Keqiang at the annual parliament session in March, was endorsed by top party leaders and policymakers at a closed-door Central Economic Conference in December, said a number of people with knowledge of the outcome of meeting who spoke to Reuters. The target, which is in line with market expectations, has not been previously reported. "This year's economic growth target will be around 7 percent, but the 7 percent should be the bottom line," said one of the sources, an influential economist who advises the government.
Yahoo sets Alibaba stake spinoff plan, shares jump -  BlackRock Global Allocation Inv A(MDLOX) newsYahoo sets Alibaba stake spinoff plan, shares jump

A Yahoo logo is pictured in front of a building in RolleYahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd , responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion. Shares of Yahoo rose about 7 percent to $51.45 in after-hours trading on Tuesday, following the tax-free spinoff announcement and earnings which just beat analysts forecasts even as its revenues slightly lagged estimates. The move to spin off the Alibaba stake satisfies a persistent investor demand, but could also ratchet up pressure on Yahoo Chief Executive Marissa Mayer to make quicker progress in strengthening Yahoo's struggling media and advertising business. Shareholders feel that Yahoo and its stake in Alibaba would be worth more separately, as long as the Alibaba shares are not subject to the standard 35 percent tax rate that would be incurred from selling the shares.



China regulator blasts Alibaba for illegal business on its websites -  BlackRock Global Allocation Inv A(MDLOX) newsChina regulator blasts Alibaba for illegal business on its websites

File photo of people riding a double bicycle past a logo of The Alibaba Group at the company's headquarters on the outskirts of HangzhouBy John Ruwitch SHANGHAI (Reuters) - A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan's platforms, in an unusually strong government criticism of one of the country's biggest private firms. The State Administration for Industry and Commerce (SAIC), in a report published on its website on Wednesday, said many products sold on Alibaba's e-commerce websites and services infringed upon trademarks, were substandard or fake, were banned or endangered public security. The report was later removed from the main page of the SAIC website. SAIC said the report summarised a July 16, 2014, meeting between government business regulators and Alibaba, and that it had delayed releasing the report to avoid affecting the e-commerce firm's initial public offering, which took place in September.



Shell signs $11 billion deal to build petrochemicals plant in Iraq -  BlackRock Global Allocation Inv A(MDLOX) newsShell signs $11 billion deal to build petrochemicals plant in Iraq

Logos for Shell are seen on a garage forecourt in central LondonRoyal Dutch Shell has signed a deal with Iraq worth $11 billion (7 billion pounds) to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said on Wednesday. Esawi told a press conference in Baghdad the Nibras complex, which is expected to come on line within five to six years, would make Iraq the largest petrochemical producer in the Middle East. "The Nibras complex will be one of the largest (foreign) investments (in Iraq) and the most important in the petrochemical sector in the Middle East," Esawi said. A Shell spokesman told Reuters Iraq's cabinet had authorised the project on Jan 13.



Qatari-led group wins $4 billion battle for London's Canary Wharf -  BlackRock Global Allocation Inv A(MDLOX) newsQatari-led group wins $4 billion battle for London's Canary Wharf

The Canary Wharf financial district is seen in east LondonA Qatari-led consortium looked set to win its long-running battle to buy Songbird Estates on Wednesday after the owner of London's Canary Wharf business district dropped its opposition to the $4 billion offer. Qatar Investment Authority (QIA) and partner launched a 350 pence-a-share offer direct to Songbird shareholders in December, hoping to add a financial district rivaling the City of London to landmarks already in its portfolio such as the Shard skyscraper and Harrods department store. Canary Wharf's steel and glass skyscrapers, home to banks such as HSBC , Citi and JP Morgan , embody the change in London's economy in the second half of the 20th century as industry dwindled and financial services grew. The QIA already owned 29 percent of Songbird, which in turn owns 70 percent of Canary Wharf Group.



Microsoft stock punished as concerns multiply -  BlackRock Global Allocation Inv A(MDLOX) newsMicrosoft stock punished as concerns multiply

Microsoft Corp Chief Executive Satya Nadella speaks at his first annual shareholders' meeting in Bellevue, Washington"The results weren't that bad," said Scott Kessler, an analyst at Standard & Poor's Capital IQ. "What really struck people was that it wasn't just one thing and it wasn't just a handful of things that had obvious or easy fixes." The panoply of Microsoft's problems included an unexpectedly soggy PC market after a buying rush sparked by the end of Windows XP, an ongoing dip in companies' spending on Office software, problems in Japan and China and a strong U.S. dollar eating away at the value of its huge overseas revenues. Investors were aware of most of those issues before Monday, but the combination of concerns pushed Microsoft's stock down 9.25 percent to $42.66, its biggest one day fall since Chief Executive Satya Nadella took over last February. Until Tuesday, Nadella had enjoyed fanatical support from investors, who lapped up his plan to redesign Microsoft as a leader in cloud and mobile computing.



US stock market wavers in early trading -  BlackRock Global Allocation Inv A(MDLOX) newsUS stock market wavers in early trading

In this Monday, June 10, 2013 photo, traders Joel Lucchese, left, and Brandon Barb confer on the floor of the New York Stock Exchange. Global stock markets endured sharp losses Thursday June 13, 2013 as gyrations on the Tokyo market, the Asian region's biggest, continued _ fueled by worries about a surging yen and monetary policies in the U.S. (AP Photo/Richard Drew)NEW YORK (AP) — A pair of better economic reports helped nudge the U.S. stock market up in early trading Thursday, even as global markets headed lower.



General strike shuts down services across Greece -  BlackRock Global Allocation Inv A(MDLOX) newsGeneral strike shuts down services across Greece

Members of pro-communist union PAME take part in an protest during a general strike in Athens, on Wednesday, Nov. 6, 2013. Services across Greece shut down Wednesday as unions held a 24-hour general strike to protest further austerity cuts in the cash-strapped country. (AP Photo/Petros Giannakouris)ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demonstrations to protest further austerity cuts in the cash-strapped country.



Unemployment rates fall in two-thirds of US states -  BlackRock Global Allocation Inv A(MDLOX) newsUnemployment rates fall in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading -  BlackRock Global Allocation Inv A(MDLOX) newsUS stocks edge higher in afternoon trading

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.



US stocks edge higher in midday trading -  BlackRock Global Allocation Inv A(MDLOX) newsUS stocks edge higher in midday trading

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.



US stocks are mixed in early trading -  BlackRock Global Allocation Inv A(MDLOX) newsUS stocks are mixed in early trading

FILE - This Aug. 9, 2011 photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stocks are opening slightly higher Friday, Aug. 8, 2014 as investors weigh gains in productivity against worsening geopolitical concerns. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks are opening mixed as investors look over more earnings reports from big companies.



Too many tabs open? Vivaldi could be the browser for you -  BlackRock Global Allocation Inv A(MDLOX) newsToo many tabs open? Vivaldi could be the browser for you

Too many tabs open? Vivaldi could be the browser for youOpera co-founder Jon von Tetzchner unveils a new browser built for power users - the 'geeks' and 'nerds'.



Security vulnerability in Blackphone service exposed -  BlackRock Global Allocation Inv A(MDLOX) newsSecurity vulnerability in Blackphone service exposed

Security vulnerability in Blackphone service exposedNo device is 100 percent secure, and one researcher has demonstrated this concept by exposing a vulnerability in the Blackphone, an Android device for the security conscious.



Apple needs the iPad to be 'long arc,' enterprise driven -  BlackRock Global Allocation Inv A(MDLOX) newsApple needs the iPad to be 'long arc,' enterprise driven

Apple needs the iPad to be 'long arc,' enterprise drivenTim Cook isn't writing off the iPad, but acknowledges that you can't measure sales in 90 day increments without zooming out and seeing the enterprise possibilities.



No fix in sight for ​Android Wi-Fi Direct vulnerability -  BlackRock Global Allocation Inv A(MDLOX) newsNo fix in sight for ​Android Wi-Fi Direct vulnerability

No fix in sight for ​Android Wi-Fi Direct vulnerabilityGoogle and a security company don't see eye-to-eye over a bug that can cause some Android devices to reboot under a remote attacker's orders.



Tech fever: Why haven't African investors caught the IT funding bug? -  BlackRock Global Allocation Inv A(MDLOX) newsTech fever: Why haven't African investors caught the IT funding bug?

Tech fever: Why haven't African investors caught the IT funding bug?When African startups are looking for a fresh injection of funding, they often to have to look beyond their own borders. But could the situation be about to change?



YouTube begins defaulting to HTML5 video -  BlackRock Global Allocation Inv A(MDLOX) newsYouTube begins defaulting to HTML5 video

YouTube begins defaulting to HTML5 videoUsers in select browsers will now see cat videos in an HTML5 video player, rather than the standard Flash player that YouTube has traditionally relied upon.



CSIRO to trial IBM's Identity Mixer for collaborative research -  BlackRock Global Allocation Inv A(MDLOX) newsCSIRO to trial IBM's Identity Mixer for collaborative research

CSIRO to trial IBM's Identity Mixer for collaborative researchThe CSIRO will begin piloting IBM's cryptographic algorithmic solution in order to facilitate the secure sharing of sensitive information between government, academic, research, and industry partners.



Australian sysadmins cop brunt of data-retention burden -  BlackRock Global Allocation Inv A(MDLOX) newsAustralian sysadmins cop brunt of data-retention burden

Australian sysadmins cop brunt of data-retention burdenAustralian IT professional organisation SAGE-AU has said the government's mandatory data-retention legislation will increase the burden on IT workers in the country.



Australian IT sector sees skills glut -  BlackRock Global Allocation Inv A(MDLOX) newsAustralian IT sector sees skills glut

Australian IT sector sees skills glutNew research by the Australian Department of Employment has shown that the domestic information technology market is a long way from experiencing a skills shortage, with an average of almost 50 applicants per advertised job in the sector.



​IBM plans to broadly offer its Identity Mixer technology -  BlackRock Global Allocation Inv A(MDLOX) news​IBM plans to broadly offer its Identity Mixer technology

​IBM plans to broadly offer its Identity Mixer technologyIdentity Mixer's technology uses an algorithm to encrypt personal data that's verified---age, birthdates, address, credit card number etc.---and share only what's needed with third parties.



Coke wants to make the Internet a happy place (good luck with that) -  BlackRock Global Allocation Inv A(MDLOX) newsCoke wants to make the Internet a happy place (good luck with that)

Coke wants to make the Internet a happy place (good luck with that)Technically Incorrect: The company's goal is, as is so often the case, to spread positivity. So its Super Bowl ad wants to do that. But surely the Internet is one step too far.>



MYOB moves upmarket with cloud-based ERP -  BlackRock Global Allocation Inv A(MDLOX) newsMYOB moves upmarket with cloud-based ERP

MYOB moves upmarket with cloud-based ERPMYOB Advanced, a new cloud-based ERP suite, is based on technology developed by US company Acumatica, which MYOB invested in last year.



Brace yourself, India: Here comes another Xiaomi blockbuster, the Mi4 -  BlackRock Global Allocation Inv A(MDLOX) newsBrace yourself, India: Here comes another Xiaomi blockbuster, the Mi4

Brace yourself, India: Here comes another Xiaomi blockbuster, the Mi4If the sale of any of its previous models is anything to go by, the Mi4 is going to have an epic response.



​Twitter rides the coattails of the 'missed call', acquires India's ZipDial -  BlackRock Global Allocation Inv A(MDLOX) news​Twitter rides the coattails of the 'missed call', acquires India's ZipDial

​Twitter rides the coattails of the 'missed call', acquires India's ZipDialComparing the user base of both ZipDial and Twitter in India gives a good indication of why Twitter was drawn to the company.



Lasers have turned this metal super hydrophobic -  BlackRock Global Allocation Inv A(MDLOX) newsLasers have turned this metal super hydrophobic

Lasers have turned this metal super hydrophobicResearchers have used lasers to create an extremely hydrophobic material with potential applications from sanitation to solar panels.>



GoDaddy's puppy-mocking Super Bowl ad in the dog house -  BlackRock Global Allocation Inv A(MDLOX) newsGoDaddy's puppy-mocking Super Bowl ad in the dog house

GoDaddy's puppy-mocking Super Bowl ad in the dog houseTechnically Incorrect: Laughing at the Budweiser ads that feature cuddly puppies, the traditionally bawdy GoDaddy released a Super Bowl ad this morning. And then: trouble. Big trouble.>



Put meteorites on your feet and dance with the stars -  BlackRock Global Allocation Inv A(MDLOX) newsPut meteorites on your feet and dance with the stars

Put meteorites on your feet and dance with the starsDesigners create a pair of crazy-looking space-inspired shoes by taking 3D scans of real meteorites at the Natural History Museum in London.>



Huawei shipped 138 million devices in 2014 -  BlackRock Global Allocation Inv A(MDLOX) newsHuawei shipped 138 million devices in 2014

Huawei shipped 138 million devices in 2014Huawei's 7.8 percent increase in global smartphone sales has helped deliver the company a 30 percent sales revenue boost, up to $12.2 billion in 2014.



Warnings Australian spy agency won't delete retained data -  BlackRock Global Allocation Inv A(MDLOX) newsWarnings Australian spy agency won't delete retained data

Warnings Australian spy agency won't delete retained dataThe inspector-general of Intelligence and Security has warned that Australia's top spy agency is under no obligation to delete data it receives under mandatory data-retention legislation.



New TV tech for 2015: Improving the LCD -  BlackRock Global Allocation Inv A(MDLOX) newsNew TV tech for 2015: Improving the LCD

New TV tech for 2015: Improving the LCDAlongside a host of TV announcements at CES 2015, there were multiple new (or newish) TV technologies to go with them: quantum dots, HDR, MEMS and more. All of them aim to make the dominant TV technology, LCD, look better. Here's what these terms all mean.>



Lessons learned in building a secure cloud product -  BlackRock Global Allocation Inv A(MDLOX) newsLessons learned in building a secure cloud product

Lessons learned in building a secure cloud productEnterprises wanting to move to the cloud, or ensure the best results and return on their existing clouds, would do well to seek best practice guidance from the industry.



Yahoo spins off Alibaba holdings as sales sputter -  BlackRock Global Allocation Inv A(MDLOX) newsYahoo spins off Alibaba holdings as sales sputter

Yahoo spins off Alibaba holdings as sales sputterThe Internet giant continues to struggle but has a plan to skirt a tax bill of billions of dollars.>



Tomorrow Daily 119: Robot bats, real-life ad-blocking headset, a futuristic piano and more -  BlackRock Global Allocation Inv A(MDLOX) newsTomorrow Daily 119: Robot bats, real-life ad-blocking headset, a futuristic piano and more

Tomorrow Daily 119: Robot bats, real-life ad-blocking headset, a futuristic piano and moreOn today's show, we shudder at a robot bat that can easily switch between flying and moving on the ground, check out a headset that blurs out corporate logos in real life, and enjoy the beauty of a futuristic piano with over 18,000 parts.>



AT&T CEO hints at over-the-top mobile video service -  BlackRock Global Allocation Inv A(MDLOX) newsAT&T CEO hints at over-the-top mobile video service

AT&T CEO hints at over-the-top mobile video serviceAT&T's Randall Stephenson plans to lean on DirecTV relationships to strike new media deals.>



  

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