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News on BlackRock Global Allocation Inv A Fund (MDLOX)

Wednesday July 30th 2014

  

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

[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

[$$] A Top Advisor Focuses on Safety First -  BlackRock Global Allocation Inv A Fund (MDLOX)[$$] A Top Advisor Focuses on Safety First

Zacks #1 Ranked BlackRock Funds -  BlackRock Global Allocation Inv A Fund (MDLOX)Zacks #1 Ranked BlackRock Funds

  

  

Latest business news

Wednesday July 30th 2014: Latest financial news from the world

U.S. economy bounces back in second quarter -  BlackRock Global Allocation Inv A(MDLOX) newsU.S. economy bounces back in second quarter

A carpenter works on a new home at a residential construction site in the west side of the Las Vegas Valley in Las VegasBy Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, bolstering views for a stronger performance in the last six months of the year. Economists had forecast the economy growing at a 3.0 percent rate in the second quarter after a previously reported 2.9 percent contraction. A separate report showing private employers added 218,000 jobs to their payrolls last month, a decline from June's hefty gain of 281,000, did little to change perceptions the economy was strengthening. The economy grew 0.9 percent in the first half of this year and growth for 2014 as a whole could average above 2 percent.



Wall Street gives up gains as GDP raises Fed concerns -  BlackRock Global Allocation Inv A(MDLOX) newsWall Street gives up gains as GDP raises Fed concerns

The Twitter symbol is displayed at the post where the stock is traded on the floor of the New York Stock ExchangeBy Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks were flat on Wednesday, paring earlier gains as a strong read on second-quarter economic growth sparked concerns the Federal Reserve may adjust its stimulus earlier than expected. While the Nasdaq remained in positive territory, helped by biotech shares, the Dow was pressured by a drop in insurer UnitedHealth Group Inc . The data comes ahead of a statement from the Federal Open Market Committee this afternoon, as the Fed concludes its latest policy meeting. "The 4 percent number was startlingly good, and it has increased anxieties that the Fed may change its policies," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.



Carlyle's second-quarter earnings double -  BlackRock Global Allocation Inv A(MDLOX) newsCarlyle's second-quarter earnings double

A general view of the lobby outside of the Carlyle Group offices in WashingtonCarlyle Group LP said on Wednesday its second-quarter earnings doubled from a year earlier as one of its European buyout funds started paying performance fees, highlighting the growth potential of its private equity business in Europe. While two U.S. buyout funds accounted for more than half of all of Carlyle's performance fees in the quarter, the Washington, D.C.-based private equity firm said its third European buyout fund was now also a contributor. "Europe and Japan are both priced at about 20 percent lower than the United States. Yet private equity dominates its income, accounting for 32 percent of assets under management but 65 percent of its earnings in the quarter.



Exclusive: Upstart trading venue IEX may prompt U.S. market rule change -  BlackRock Global Allocation Inv A(MDLOX) newsExclusive: Upstart trading venue IEX may prompt U.S. market rule change

Traders work on the floor of the New York Stock Exchange shortly after the market's opening in New YorkBy John McCrank NEW YORK (Reuters) - U.S regulators may relax rules that require the fastest possible execution of securities trades, potentially helping upstart trading venue IEX Group's plans to become a full-fledged stock exchange. IEX, described in author Michael Lewis' book "Flash Boys: A Wall Street Revolt" earlier this year as a place for investors to place buy and sell orders without worrying that they are being "front-run" by other traders whose order transmission speeds are faster than theirs. IEX has put in place a "speed bump" – delaying incoming orders by 350 millionths of a second, or a thousandth of the time it takes to blink -- on its trading venue, letting it update prices faster than the fastest market participants can calculate them, so that high-frequency trading firms cannot use their speed advantage to front-run others. The strategy has proved popular with investors, who have made IEX the 7th most used alternative trading system in the U.S. for the week of July 7, according to data from the Financial Industry Regulatory Authority.



Ireland has too much to lose to deter U.S. companies re-homing -  BlackRock Global Allocation Inv A(MDLOX) newsIreland has too much to lose to deter U.S. companies re-homing

Apple Operations International, a subsidiary of Apple Inc, is seen in Hollyhill, Cork, in the south of IrelandBy Padraic Halpin DUBLIN (Reuters) - Ireland is in the firing line from Washington again for luring U.S. companies to its shores for tax benefits, but despite contrite noises coming from Dublin, it has too much to lose to discourage U.S. firms bent on shifting their tax domiciles. Ireland's low corporate tax rate of 12.5 percent is a natural lure for U.S. companies looking to set up an overseas hub, and for Dublin the pay-off is new jobs, but in so-called inversion deals the company then switches its overall tax domicile from the United States, where the rate is 35 percent, to its new home. The surge in such deals, which are typically effected by purchasing an overseas company - which does not then necessarily create any new jobs - drew the ire of President Barack Obama last week, who singled out Ireland for criticism. Ireland's government has responded by saying it is looking at ways of stopping the transactions, but lawyers and tax advisors who work for multinationals such as Intel , Pfizer and Google say little can be done without putting at risk a model specifically designed to lure foreign companies.



Argentine debt talks go down to the wire to avert default -  BlackRock Global Allocation Inv A(MDLOX) newsArgentine debt talks go down to the wire to avert default

Argentina's President Cristina Fernandez arrives at a Mercosur summit in CaracasBy Richard Lough, Eliana Raszewski and Daniel Bases BUENOS AIRES/NEW YORK (Reuters) - Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors suing it or win a reprieve from a U.S. court, as a surge in the country's bond prices fed optimism that an agreement was possible. Attorneys for holdout hedge funds awarded $1.33 billion plus interest by a U.S. court arrived for talks at the New York offices of court-appointed mediator Daniel Pollack on Wednesday morning, with hours to go Argentina faces its second default in 12 years. Argentine Economy Minister Axel Kicillof arrived shortly after 11 a.m. EDT (1500 GMT) for the talks. "It's trading like there's a deal," said a fund manager who holds Argentina's restructured debt and requested anonymity.



Sprint first-quarter revenue top estimate as network upgrade progresses -  BlackRock Global Allocation Inv A(MDLOX) newsSprint first-quarter revenue top estimate as network upgrade progresses

People talk on their cell phones as passers-by walk past a Sprint store in New YorkBy Marina Lopes WASHINGTON (Reuters) - Sprint Corp reported higher-than-expected first-quarter revenue on Wednesday, as the company expanded its high-speed coverage and came closer to completing a network overhaul that has caused more frequent dropped calls and subscriber losses. Faced with growing competition from its rivals like T-Mobile, Sprint has slashed prices and offered customer guarantees in an attempt to offset those subscriber losses. The company has done better than the really pessimistic expectations, but it is still not doing well," said Roger Entner, lead analyst at Recon Analytics. The company is currently testing new price plans, Sprint's Chief Executive Dan Hesse said in a call with investors.



Thomson Reuters reports better-than-expected profit -  BlackRock Global Allocation Inv A(MDLOX) newsThomson Reuters reports better-than-expected profit

The Thomson Reuters logo inside lobby of company building in Times Square, New YorkNews and information company Thomson Reuters Corp on Wednesday reported a higher-than-expected quarterly profit on a 1 percent rise in revenue, boosted by growth in its Tax & Accounting and Legal divisions. Shares of Thomson Reuters rose more than 3 percent in Wednesday morning trading. Still, market challenges remain, especially in Europe, as key customers at financial institutions and law firms reduce costs and trim staff. "It was another quarter of steady progress, but it's still a challenging environment," Chief Executive Officer Jim Smith said in an interview.



Two former senior Murdoch editors charged over UK phone-hacking -  BlackRock Global Allocation Inv A(MDLOX) newsTwo former senior Murdoch editors charged over UK phone-hacking

A man passes a sign outside the News International Limited complex, in LondonTwo more senior journalists from Rupert Murdoch's defunct British tabloid the News of the World have been charged with phone-hacking, prosecutors said on Wednesday, weeks after the paper's former editor was jailed for the crime. Neil Wallis, the paper's former deputy editor, and former features editor Jules Stenson, have been charged with conspiracy to intercept voicemails on mobile phones of well-known figures or people close to them, the Crown Prosecution Service said. Andy Coulson, who edited the paper from 2003 until 2007 before working as Prime Minister David Cameron's media chief, was jailed on July 4 for 18 months for encouraging staff to hack phones in a bid to get exclusive stories. Outrage at the paper's activities forced Murdoch to close the paper in 2011 when the scale of the crimes came to light, since when dozens of reporters from his British tabloids have been arrested over allegations of criminal activity.



China July official PMI seen hitting eight-month high -  BlackRock Global Allocation Inv A(MDLOX) newsChina July official PMI seen hitting eight-month high

Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in HefeiActivity in China's vast factory sector likely expanded at the fastest pace in eight months in July, a Reuters poll showed on Wednesday, adding to evidence that the economy is regaining momentum after a burst of government stimulus measures. China's official manufacturing purchasing managers' index (PMI) is expected to rise to 51.4 in July, up from June's 51, according to the median forecast of 24 economists in a poll.



A more vigorous US economy appears to be emerging -  BlackRock Global Allocation Inv A(MDLOX) newsA more vigorous US economy appears to be emerging

In this July 17, 2014 photo, construction workers build a commercial complex in Springfield, Ill. The government issues its first of three estimates of how fast the U.S. economy grew in the April-June quarter on Wednesday, July 30, 2014. (AP Photo/Seth Perlman)WASHINGTON (AP) — The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.



As Fed meets, key issues likely to stay unanswered -  BlackRock Global Allocation Inv A(MDLOX) newsAs Fed meets, key issues likely to stay unanswered

FILE - In this July 2, 2014, file photo, Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington. The Federal Reserve is widely expected to make sixth reduction in bond purchases Wednesday, July 30, 2014. (AP Photo/Susan Walsh, File)WASHINGTON (AP) — The Federal Reserve will likely end a policy meeting Wednesday with a lot of questions unanswered:



Obama chides House GOP for pursuing lawsuit -  BlackRock Global Allocation Inv A(MDLOX) newsObama chides House GOP for pursuing lawsuit

President Barack Obama speaks about the economy, Wednesday, July 30, 2014, at the Uptown Theater in Kansas City, Mo. (AP Photo/Jacquelyn Martin)KANSAS CITY, Mo. (AP) — President Barack Obama says the House GOP's vote to file a lawsuit against him is taking away from time they could be spending on issues that are important to the American people.



Ex-IRS official called conservatives 'crazies' -  BlackRock Global Allocation Inv A(MDLOX) newsEx-IRS official called conservatives 'crazies'
WASHINGTON (AP) — A former IRS official at the heart of the agency's tea party controversy called conservative Republicans "crazies" and more in emails released Wednesday.
An early rally fades on the US stock market -  BlackRock Global Allocation Inv A(MDLOX) newsAn early rally fades on the US stock market

Trader James Dresch, right, works on the floor of the New York Stock Exchange, Monday, June 30, 2014. European stocks were lower Wednesday July 30, 2014 ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian markets.(AP Photo/Richard Drew)NEW YORK (AP) — U.S. stocks turned lower in midday trading, erasing an early gain. Trading was quiet as investors waited for a statement from the Federal Reserve later Wednesday.



Argentina officials stage 11th-hour talks in NYC -  BlackRock Global Allocation Inv A(MDLOX) newsArgentina officials stage 11th-hour talks in NYC
NEW YORK (AP) — Argentina's economy minister has resumed efforts to solve the South American nation's financial crisis without a default.
Terror threats at chemical plants underestimated -  BlackRock Global Allocation Inv A(MDLOX) newsTerror threats at chemical plants underestimated

This April 18, 2013 file photo shows an aerial view of the remains of a fertilizer plant and an apartment complex to the left, destroyed by an explosion in West, Texas. The government has failed to inspect virtually all of the chemical facilities that it considers to be at high risk for a terror attack, numbering in the thousands, and has underestimated the threat to densely populated cities, congressional investigators say. (AP Photo/Tony Gutierrez, File)WASHINGTON (AP) — The government is underestimating the threat of a chemical attack on America's densely populated cities and has failed to inspect virtually all of the chemical facilities that it considers particularly vulnerable to terrorists, congressional investigators say.



Processing issue delays bar exam submissions -  BlackRock Global Allocation Inv A(MDLOX) newsProcessing issue delays bar exam submissions
DALLAS (AP) — Law school graduates taking the bar exam in multiple states experienced delays when they tried to submit their answers on the test's first day. The Florida-based testing software provider blamed a processing issue and said it had been fixed as of Wednesday morning.
Small cars fare poorly in crash tests -  BlackRock Global Allocation Inv A(MDLOX) newsSmall cars fare poorly in crash tests
DETROIT (AP) — The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of "good" in new frontal crash tests.
Toyota remains at top in sales after first half -  BlackRock Global Allocation Inv A(MDLOX) newsToyota remains at top in sales after first half

A worker cleans an IQ compact car at a Toyota showroom in Tokyo, Wednesday, July 30, 2014. Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal. (AP Photo/Eugene Hoshiko)TOKYO (AP) — Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.



Rule-of-Law and Property-Rights Crisis in Houston? -  BlackRock Global Allocation Inv A(MDLOX) newsRule-of-Law and Property-Rights Crisis in Houston?

Rule-of-Law and Property-Rights Crisis in Houston?Houston has developed a reputation as the entrepreneurial capital of Texas, if not the United States. It is the fourth-largest city in the nation and is poised to supplant Chicago as number three by next year. It is a magnet for enterprises ranging from startups to Fortune 500 companies. It is, in fact, second only to New York when it comes to...



Strategic Higher Education CIOs Invest In Technology To Improve Student Success -  BlackRock Global Allocation Inv A(MDLOX) newsStrategic Higher Education CIOs Invest In Technology To Improve Student Success

Strategic Higher Education CIOs Invest In Technology To Improve Student SuccessToday's college students are mobile. Whether in class, relaxing in their living group, exercising in the gym, studying in the library, shopping in town, traveling to sporting events, or even sleeping in their dorms, they are always connected. This represents both an opportunity and a challenge. The challenge is to provide an always-on...



Top 10 YouTube Channels for Leaders -  BlackRock Global Allocation Inv A(MDLOX) newsTop 10 YouTube Channels for Leaders

Top 10 YouTube Channels for LeadersWith over 6 billion hours of video and thousands of channels, YouTube has something for everyone -- even for those of us who want to become better leaders.Over the last year I've subscribed to a number of YouTube channels that have consistently helped me identify new trends, understand best practices, and spot high-impact opportunities.Here is...



The Agility Factor -  BlackRock Global Allocation Inv A(MDLOX) newsThe Agility Factor

The Agility FactorThe Beatles' Sergeant Pepper's Lonely Hearts Club Band changed the way people think about music; it is regarded as one of the most pivotal music releases of all time. Pop star Phil Collins said that it opened a door and showed people a new room.But the door had already been opened for the Beatles. Paul McCartney said that the single biggest...



It's Time to Quit -  BlackRock Global Allocation Inv A(MDLOX) newsIt's Time to Quit

It's Time to QuitI know. Reading the title of this post makes you uncomfortable, right? It made me uncomfortable to write it. In the business world we are constantly told to keep going, keep pushing, don't quit. It's like a mantra now, "Never surrender, never give up!" And you know what? They're right... until they're wrong. Wait. What?I've been in the...



Develop an Acute Ability to Listen -  BlackRock Global Allocation Inv A(MDLOX) newsDevelop an Acute Ability to Listen

Develop an Acute Ability to ListenWhat if your point of difference was an acute ability to listen?What would that look like?It always amazes me how many people cut me off mid-sentence, and don't even let me get my answer out, after they ask me a direct question.Yes, I recognize listening alone may not set you apart from the competition. From my experience, you may win more...



The Conspiracy of Empathy: Why Some Organizations Thrive When Others Don't -  BlackRock Global Allocation Inv A(MDLOX) newsThe Conspiracy of Empathy: Why Some Organizations Thrive When Others Don't
It is inevitable that every company, industry and even government will meet a crisis at some stage in their life cycle. For those organizations that succeed, is there a common thread for thriving beyond the crisis? Why do some organizations entrench themselves until there is no way out? What is the difference?There is one persistent theme in...
Joint Venture: Business Agreement for International Trade -  BlackRock Global Allocation Inv A(MDLOX) newsJoint Venture: Business Agreement for International Trade

Joint Venture: Business Agreement for International TradeInternationalization brings indubitable advantages to companies in terms of profitability, performance, commercial growth, finance, human resources, corporate image, risk diversification, etc. hard to cope with alone for a SME given its limited resources and capabilities (EU Commission, 2007).Thus, companies may opt for an internationalization...



5 Truths No One Tells You About Starting a Business -  BlackRock Global Allocation Inv A(MDLOX) news5 Truths No One Tells You About Starting a Business

5 Truths No One Tells You About Starting a BusinessIf you're reading this, let me start by saying congrats for thinking about starting your own business. We need more people creating great things, changing the world and helping the economy. I wish I had read an article like this before I'd started. The more prepared you are for the bumps in the road, the more you can take them in stride. Go get...



Start Early to Be an Entrepreneur -  BlackRock Global Allocation Inv A(MDLOX) newsStart Early to Be an Entrepreneur

Start Early to Be an Entrepreneur"The secret of getting ahead is getting started." -- Mark TwainJuly is the month when NFL football teams open their preseason training camps. Hundreds of young men compete for coveted roster spots, and it's safe to say most started playing football back in grade school. The value of this early exposure is also true for elite athletes in any...



#AOLBUILD Meets Alexa Von Tobel, Founder and CEO of LearnVest.com -  BlackRock Global Allocation Inv A(MDLOX) news#AOLBUILD Meets Alexa Von Tobel, Founder and CEO of LearnVest.com
HPLEmbed.load({ targetId: 'HPLContent', app: 'hplive_player', width: '640px', height: '360px', streamType: 'live', autoPlay: 'true',playButtonOverlay: 'true', thumbnail: '', sources: { 'video/hds':...
Bolster Your Career With Service (Part 1) -  BlackRock Global Allocation Inv A(MDLOX) newsBolster Your Career With Service (Part 1)

Bolster Your Career With Service (Part 1)I write and speak frequently about the personal benefits of serving others, in fact it's one of my favorite things to examine and discuss. Not because I think we should all be selfish, but because I try to embrace things that can help me learn, grow and become the person I am meant to be. And, it's my hope that others feel the same way. After...



The Plotinus Principle? -  BlackRock Global Allocation Inv A(MDLOX) newsThe Plotinus Principle?
It's just possible that I have found a source of insight comparable to that from Vilfredo Pareto, the 19th-century economist who inspired the 80/20 principle. My new friend is Plotinus, a philosopher who was born in 205 AD, studied in Alexandria, joined the army on an ill-fated expedition to India -- because he wanted to study there -- and...
Authenticity Offers Its Own Beauty -  BlackRock Global Allocation Inv A(MDLOX) newsAuthenticity Offers Its Own Beauty

Authenticity Offers Its Own BeautyAuthenticity is what turns a pretty picture into a priceless work of art. Likewise it is what people look for -- or should -- in their personal relationships.I believe this holds true for our relationships with businesses as well; whether as consumers or employees, members of the community, or investors. It is time that we put an end to...



Are You Starting a Business for All the Wrong Reasons? -  BlackRock Global Allocation Inv A(MDLOX) newsAre You Starting a Business for All the Wrong Reasons?

Are You Starting a Business for All the Wrong Reasons?If you're reading this article, chances are you have some sort of connection to the entrepreneur community. Maybe, just maybe, you're even an entrepreneur yourself, aspiring or established. You're looking for food for thought on how to get your business off the ground, and then keep it afloat. If that's the case, here's something to consider:...



How Do We Succeed and Manage Fresh Opportunities? -  BlackRock Global Allocation Inv A(MDLOX) newsHow Do We Succeed and Manage Fresh Opportunities?

How Do We Succeed and Manage Fresh Opportunities?History records that when Jackie Robinson, an African-American, a black man was going to be hired to play for the Brooklyn Dodgers on April 15, 1947 by its President Branch Rickey in a time when baseball was a major league sport played by white men, it was a risk that could revolutionize the sport forever but could also sparse very easily more...



Women and Business: When Lean UX Becomes Mean UX -  BlackRock Global Allocation Inv A(MDLOX) newsWomen and Business: When Lean UX Becomes Mean UX
This week I gave a talk about the principles of lean agency for the Agile community. Despite what Jeff Gothelf proposes in Lean UX, I argued that user experience (UX) agencies can be lean. My final point turned out to be a doozy and angered two senior UX colleagues employed by the event's host. Here's a quick breakdown of my key...
Speaking For Dough -  BlackRock Global Allocation Inv A(MDLOX) newsSpeaking For Dough

Speaking For DoughI will never forget the first time I spoke on stage. I was so nervous. My biggest source of worry was "what will everyone think of me?" After all I was in my early 30's and most of the folks in the audience had been in business far longer than I. This trend continued for many years. Me speaking to folks who had more business experience and me...



Yes, Actually, You Are in Control -  BlackRock Global Allocation Inv A(MDLOX) newsYes, Actually, You Are in Control
Here I am staring at an email in my inbox. A response to my request, one I thought more a formality than a requirement. I sat shocked, reading that my request, albeit not rudely, was denied. My temper started to rise. Emotions roiled. "What? How dare they do this to me! They just don't understand!" Then, I stopped. The reality hit me, full...
Twitter Is Still the Best Water Cooler Ever for Brands -  BlackRock Global Allocation Inv A(MDLOX) newsTwitter Is Still the Best Water Cooler Ever for Brands

Twitter Is Still the Best Water Cooler Ever for BrandsTwitter is an essential platform for businesses marketing to other businesses and it's morphing quickly to a direct response "buy it now" platform functionality like Pinterest and Facebook. I anticipate "social selling" will accelerate moving forward, as social platforms embrace mobile enabled direct commerce and marketers pour more money into...



  

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