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News on BlackRock Global Allocation Inv A Fund (MDLOX)

Friday October 31st 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

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

Friday October 31st 2014: Latest financial news from the world

Dow, S&P 500 end at record highs; BoJ move adds fuel to rally -  BlackRock Global Allocation Inv A(MDLOX) newsDow, S&P 500 end at record highs; BoJ move adds fuel to rally

Traders work on the floor of the New York Stock ExchangeBy Caroline Valetkevitch NEW YORK (Reuters) - The Dow and S&P 500 ended at record highs on Friday and other indexes posted strong gains for a second week after the Bank of Japan's surprise move to ramp up its stimulus program. Major indexes also posted gains for the month, putting in a sharp recovery from their recent selloff that almost drove the S&P 500 into correction territory. The benchmark index is now up 8.4 percent from its Oct. 15 low and up 9.2 percent for the year so far. The Nasdaq finished at its highest since March 2000, while for the week the Dow rose 3. ...



U.S. consumer spending falters; wage gains highest since 2008 -  BlackRock Global Allocation Inv A(MDLOX) newsU.S. consumer spending falters; wage gains highest since 2008

Woman eats ice cream as she looks at the display in the window of a Gold Standard jewellery store in New YorkBy Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter. But rising consumer sentiment and faster wage growth suggest the weakness in spending will be temporary, with the economy remaining on firm ground. "The fundamentals ... remain very solid," said Gus Faucher, a senior economist at PNC Financial Services in Pittsburgh. "The conditions are in place for continued above-trend growth. ...



U.S. consumer sentiment at highest since July 2007 -  BlackRock Global Allocation Inv A(MDLOX) newsU.S. consumer sentiment at highest since July 2007

File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in ChicagoNEW YORK (Reuters) - U.S. consumer sentiment rose in October to its highest level since in more than seven years on growing optimism about the economy and more favorable personal financial expectations, a survey released on Friday showed. The Thomson Reuters/University of Michigan's final October reading on the overall index on consumer sentiment finished at 86.9, the highest level since July 2007, up from 84.6 at the end of September. The late October reading was up slightly from its initial figure of 86.4, which was also the expected reading of economists polled by Reuters. ...



Exxon, Chevron results boosted by refining as oil prices slip -  BlackRock Global Allocation Inv A(MDLOX) newsExxon, Chevron results boosted by refining as oil prices slip

A Exxon Mobil gas station is shown in Encinitas ,California(Reuters) - A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp , helping to offset declining oil and gas production and falling crude oil prices. Both companies reported better-than-expected third-quarter profits on Friday, with executives touting the importance of owning massive refineries alongside oil and gas wells. Refining profits tend to rise when oil prices fall, though low prices dent the profitability of wells. Having both in a company stable can allow for a bit of insurance during price swings. ...



Top U.S. oil companies see more pressure to clamp down on spending -  BlackRock Global Allocation Inv A(MDLOX) newsTop U.S. oil companies see more pressure to clamp down on spending

A view of the Exxon Mobil refinery in Baytown, TexasBy Anna Driver HOUSTON (Reuters) - Top U.S. oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets while reminding investors they must spend to grow. Exxon Mobil Corp on Friday it would keep its current spending plan intact, though it is about 15 percent less than 2013. ConocoPhillips said it will spend less money next year, and Chevron Corp said it is looking for budget "flexibility." Crude oil prices have slumped 25 percent since June as global supplies grow and demand weakens. ...



UBS cannot arbitrate vs Nasdaq over Facebook IPO: court -  BlackRock Global Allocation Inv A(MDLOX) newsUBS cannot arbitrate vs Nasdaq over Facebook IPO: court

The falling price of Facebook's stock is seen on a screen reflected in the window of the Nasdaq building in New YorkBy Jonathan Stempel NEW YORK (Reuters) - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering. The 2nd U.S. Circuit Court of Appeals in New York on Friday said UBS' agreement with Nasdaq to help make a market for Facebook shares did not entitle the Swiss bank to arbitration, in its effort to recoup more than $350 million of losses. ...



Dollar General extends tender offer for Family Dollar shares again -  BlackRock Global Allocation Inv A(MDLOX) newsDollar General extends tender offer for Family Dollar shares again

A price sign at a Dollar General store in Arvada, Colorado(Reuters) - Dollar General Corp extended its tender offer for shares of Family Dollar Stores Inc to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc . Dollar General had received offers for only about 4 million Family Dollar shares of a total 114 million outstanding shares as of Oct. 30, a day before the offer was to expire. Dollar General's perseverance to close a deal highlights its struggles in a weak economy where penny-pinching customers look for more discounts and deals. ...



Canada willing to take action against U.S. over meat labeling -  BlackRock Global Allocation Inv A(MDLOX) newsCanada willing to take action against U.S. over meat labeling

Canada's International Trade Minister Fast speaks in the House of Commons on Parliament Hill in OttawaBy Alastair Sharp TORONTO (Reuters) - Canada will pursue "any and all remedies" to pressure the United States to drop regulations on meat labeling that Canada considers discriminatory, the country's trade minister said on Friday. Ed Fast, Canada's international trade minister, declined to elaborate on any deadlines for further action. "We have made it very clear that this is a blatant violation of WTO rules, and that we will certainly pursue any and all remedies that we have available to us," Fast told Reuters after talks with U.S. and Mexican counterparts in Toronto on Friday. ...



U.S. Fed awards most reverse repos in over four weeks -  BlackRock Global Allocation Inv A(MDLOX) newsU.S. Fed awards most reverse repos in over four weeks

The United States Federal Reserve Board building is shown in WashingtonNEW YORK (Reuters) - The U.S. Federal Reserve awarded $186.28 billion in fixed-rate reverse repurchase agreements on Friday, the highest amount in more than four weeks, due to strong investor demand for ultra short-dated, risk-free assets at month-end. The central bank has been testing them as a tool to drain cash from the financial system to achieve their interest rate target when it decides to tighten monetary policy. At Friday's operation, the Fed paid 72 bidders including Wall Street firms, money market funds and mortgage finance agencies an interest rate of 0. ...



Japan's central bank shocks markets with more easing as inflation slows -  BlackRock Global Allocation Inv A(MDLOX) newsJapan's central bank shocks markets with more easing as inflation slows

Bank of Japan Governor Kuroda walks into a news conference at the BOJ headquarters in TokyoBy Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April. BOJ Governor Haruhiko Kuroda portrayed the board's tightly-split decision to buy more assets as a preemptive strike to keep policy on track, rather than an admission that his plan to reflate the long moribund-economy had derailed. ...



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

FILE - In this Oct. 8, 2014 file photo, a Wall Street address is carved in the side of a building in New York. U.S. stocks are drifting in early trading Thursday, Oct. 30, 2014, as a parade of big companies turn in quarterly results. A strong gain for Visa pulled the Dow Jones industrial average higher. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks drifted in Thursday trading as a parade of big companies turn in quarterly results. The Dow Jones industrial average climbed more than 100 points, almost entirely thanks to a strong gain for Visa, the Dow's highest-priced stock.



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.



Virgin Galactic's SpaceShipTwo crashes, 1 dead -  BlackRock Global Allocation Inv A(MDLOX) newsVirgin Galactic's SpaceShipTwo crashes, 1 dead

The space plane, designed for space tourism, crashed in California's Mojave Desert. One fatality and one major injury have been confirmed by the California Highway Patrol.The space plane, designed for space tourism, crashed in California's Mojave Desert. One fatality and one major injury have been confirmed by Virgin Galactic.>



'Work and Family Month' Shouldn't Need To Exist -  BlackRock Global Allocation Inv A(MDLOX) news'Work and Family Month' Shouldn't Need To Exist

'Work and Family Month' Shouldn't Need To ExistDuring the floor debate for Rhode Island's paid family leave legislation -- which would ultimately pass both houses and would be signed into law on July 11 by Governor Chafee -- State Representative Grace Diaz had this to say: "Most people work to support their families. In difficult times, we need to be with the ones we love. Families come...



The 404 Show 1,574: Halloween episode, Seth Rogen as Steve Wozniak? Starbucks delivery (podcast) -  BlackRock Global Allocation Inv A(MDLOX) newsThe 404 Show 1,574: Halloween episode, Seth Rogen as Steve Wozniak? Starbucks delivery (podcast)

The 404 Show 1,574: Halloween episode, Seth Rogen as Steve Wozniak? Starbucks delivery (podcast)It's an ultra-creepy episode of The 404 today -- way creepier than normal. Will Seth Rogen play Steve Wozniak? Can an app pinpoint your death? Why would you want Starbucks delivered to your house?>



Amazon diversity report no surprise, largely male and white -  BlackRock Global Allocation Inv A(MDLOX) newsAmazon diversity report no surprise, largely male and white

Amazon diversity report no surprise, largely male and whiteAmazon's diversity scorecard fills out how one would expect from tech firms these days, unfortunately.>



Dear Corporate America: Stop Whining and Give Millennials What They Want -  BlackRock Global Allocation Inv A(MDLOX) newsDear Corporate America: Stop Whining and Give Millennials What They Want

Dear Corporate America: Stop Whining and Give Millennials What They WantLet me start off by saying even as a Millennial myself, I am sick of hearing about Millennials. It seems like it is almost impossible these days to pick up a newspaper, read a blog or even watch the news without hearing about the loved and hated Generation Y: what they want, what they don't want, why they suck, why they are awesome, and why...



Amazon Fire Phone burns on -  BlackRock Global Allocation Inv A(MDLOX) newsAmazon Fire Phone burns on

Amazon Fire Phone burns onAmazon hasn't given up on the Fire Phone, Facebook makes it easy to mask your identity with Tor, and the Starbucks app will offer treats for delivery.>



Roku adds Google Play channel -  BlackRock Global Allocation Inv A(MDLOX) newsRoku adds Google Play channel

John P. Falcone/CNETThe Google video service becomes the latest addition to the Roku streaming box.>



Here's your Halloween zombie-anatomy lesson -  BlackRock Global Allocation Inv A(MDLOX) newsHere's your Halloween zombie-anatomy lesson

Here's your Halloween zombie-anatomy lessonCan zombies empathize? Are they near-sighted or far-sighted? Study up with this fully interactive model of zombie anatomy if you want to survive the zombie apocalypse.>



BlackBerry Messenger lets you take back that text -  BlackRock Global Allocation Inv A(MDLOX) newsBlackBerry Messenger lets you take back that text

BlackBerry/YouTube/screenshot by Lance Whitney/CNETThe new version of the messaging app -- which works on BlackBerry, Android and iOS -- has an unsend feature. It also pulls a Snapchat by letting users send vanishing messages.>



Friday Poll: Could AI threaten humanity? -  BlackRock Global Allocation Inv A(MDLOX) newsFriday Poll: Could AI threaten humanity?

Deadly AI from "Terminator Salvation."Elon Musk opened up a wave of discussion with his assertion that artificial intelligence has the potential to do horrible things to humanity.>



Whovians: Bake a pudding brain cake in time for Halloween -  BlackRock Global Allocation Inv A(MDLOX) newsWhovians: Bake a pudding brain cake in time for Halloween

Whovians: Bake a pudding brain cake in time for HalloweenAll you pudding brains who have been keeping up with the latest season of "Doctor Who" can make your very own pudding brain for All Hallows' Eve.>



Get a Kindle Fire HD 8.9 with 4G LTE for $159 -  BlackRock Global Allocation Inv A(MDLOX) newsGet a Kindle Fire HD 8.9 with 4G LTE for $159

AT&T to soon offer the Amazon Kindle Fire HD 8.9 LTEWhat!?! This big tablet originally sold for over $500. And it comes with 32GB of storage, not just 16GB.>



Sunlight glints off Saturn moon's seas in dazzling NASA image -  BlackRock Global Allocation Inv A(MDLOX) newsSunlight glints off Saturn moon's seas in dazzling NASA image

Titan is a strange and wonderful place.Saturn's captivating moon Titan once again draws the eye as NASA releases a color mosaic showing the sun shining on its polar seas.>



Sony posts $1.2 billion loss as mobile business falls off a cliff -  BlackRock Global Allocation Inv A(MDLOX) newsSony posts $1.2 billion loss as mobile business falls off a cliff

Sony chief Kazuo Hirai holding one of his company's smartphones.Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.>



Amazon exec: Fire Phone was overpriced -  BlackRock Global Allocation Inv A(MDLOX) newsAmazon exec: Fire Phone was overpriced

Amazon exec: Fire Phone was overpricedA top Amazon executive acknowledges that the company missed the boat with its Fire Phone and that the original price may be to blame.>



3D-printed T. rex roars water onto your body -  BlackRock Global Allocation Inv A(MDLOX) news3D-printed T. rex roars water onto your body

Take a bite out of your daily shower routine.Transport your bathroom back to the dinosaur age with a shower head modeled after a toothy Tyrannosaurus rex skull.>



How Google tricks itself to protect Chrome user privacy -  BlackRock Global Allocation Inv A(MDLOX) newsHow Google tricks itself to protect Chrome user privacy

How Google tricks itself to protect Chrome user privacyAn open-source project called Rappor uses randomly muddled data to let Google gather information about people's software usage while keeping individuals' behavior private.>



What Oil Is Telling You -  BlackRock Global Allocation Inv A(MDLOX) newsWhat Oil Is Telling You
Since its recent peak at the end of June, the price of oil has dropped more than 20 percent. As a consequence, the S&P 500 Energy index has suffered a decline of about 15 percent over the same time frame (compared to a small increase for the overall index). The drop in oil (and corresponding drop in energy stocks) is causing much...
Android stays 'unbeatable' in smartphone market -- for now -  BlackRock Global Allocation Inv A(MDLOX) newsAndroid stays 'unbeatable' in smartphone market -- for now

CNETGoogle's mobile OS reigned supreme in the third quarter with 84 percent of global shipments, says research firm Strategy Analytics. And then there are the warning signs.>



Sprint extends $20 lease program to Galaxy S5, Galaxy S5 Sport -  BlackRock Global Allocation Inv A(MDLOX) newsSprint extends $20 lease program to Galaxy S5, Galaxy S5 Sport

Sprint extends $20 lease program to Galaxy S5, Galaxy S5 SportThe program, where customers essentially rent a phone, was originally launched with Apple's iPhone 6 and iPhone 6 Plus.>



Huawei does the Honors in CNET UK podcast 409 -  BlackRock Global Allocation Inv A(MDLOX) newsHuawei does the Honors in CNET UK podcast 409

PicasaHuawei has a new name for Europe, while drones are proving to be both good and evil this Halloween.>



Low Latency 113: Bro band -  BlackRock Global Allocation Inv A(MDLOX) newsLow Latency 113: Bro band

Low Latency 113: Bro bandOut of nowhere, Microsoft debuted a fitness tracking smartwatch called the Band. At first glance, it's kind of awesome.>



Samsung has a moment, topping Apple in phone activations -  BlackRock Global Allocation Inv A(MDLOX) newsSamsung has a moment, topping Apple in phone activations

Samsung has a moment, topping Apple in phone activationsThe third quarter was dandy for Samsung in the US, but researcher CIRP says the iPhone 6 should propel Apple back into the lead in the final three months of 2014.>



A 3.85mm-thick phone? Chinese company Vivo says it's coming -  BlackRock Global Allocation Inv A(MDLOX) newsA 3.85mm-thick phone? Chinese company Vivo says it's coming

WeiboChinese smartphone maker Vivo hints at a spectacularly slim smartphone, one-upping Oppo's 4.85mm-thick R5.>



Crave Ep. 181: Grasp and feel objects in a virtual environment with the Dexmo VR Glove -  BlackRock Global Allocation Inv A(MDLOX) newsCrave Ep. 181: Grasp and feel objects in a virtual environment with the Dexmo VR Glove

Crave Ep. 181: Grasp and feel objects in a virtual environment with the Dexmo VR GloveThink of the possibilities: you can grab and feel objects in the digital world with this futuristic-looking exoskeleton glove.>



HTC swings to slim profit, but sales still down in 'challenging quarter' -  BlackRock Global Allocation Inv A(MDLOX) newsHTC swings to slim profit, but sales still down in 'challenging quarter'

HTC swings to slim profit, but sales still down in 'challenging quarter'The HTC One M8 and Desire smartphones have helped HTC avoid a second cruel summer of losses.>



Telenor partners with Opera in Myanmar to help relieve bandwidth overload -  BlackRock Global Allocation Inv A(MDLOX) newsTelenor partners with Opera in Myanmar to help relieve bandwidth overload

Opera has updated and optimized their support for the special Myanmar fonts.As demand for bandwidth increase, carriers in Myanmar are looking toward third-party solutions such as Opera to help relieve traffic congestion.>



Nikkei Soars As Bank Of Japan Announces Unexpected Stimulus Measures -  BlackRock Global Allocation Inv A(MDLOX) newsNikkei Soars As Bank Of Japan Announces Unexpected Stimulus Measures

Nikkei Soars As Bank Of Japan Announces Unexpected Stimulus MeasuresTOKYO (AP) — Japan's central bank surprised the financial world and pleased investors Friday by intensifying its purchases of government bonds and other assets to try to revive a chronically anemic economy.The Bank of Japan's move to pump trillions more yen into the financial system is intended to stimulate spending in the world's...



  

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