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News on BlackRock Global Allocation Inv A Fund (MDLOX)

Friday July 25th 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

Friday July 25th 2014: Latest financial news from the world

Insight: GM recalls far from calamity for some dealers who find new customers, business -  BlackRock Global Allocation Inv A(MDLOX) newsInsight: GM recalls far from calamity for some dealers who find new customers, business

File photo of General Motors logo outside its headquarters at the Renaissance Center in DetroitBy Nick Carey and Bernie Woodall FOX LAKE Ill. (Reuters) - The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago. Although the script is not what the dealership would have written, GM is delivering sales and service prospects to her door. GM as a whole posted a 2.5 percent increase in sales in the first half of the year, just a step behind the industry average of 4.3 percent.



Euro hit, shares subdued after downbeat Ifo -  BlackRock Global Allocation Inv A(MDLOX) newsEuro hit, shares subdued after downbeat Ifo

People walk past an electronic information board at the London Stock Exchange in the City of LondonBy Marc Jones LONDON (Reuters) - World shares dipped on Friday having clawed their way back towards all-time highs after a week of largely reassuring economic signals but rising political tensions. European markets opened with the region's main bourses down 0.1 to 0.6 percent as investors digested the bloc's latest sanctions for Russia and a flurry of data from German business confidence to UK growth. Germany's Ifo survey showed there had been hefty fall in business confidence in Europe's biggest economy over the last few weeks, raising worries the region's growth engine could be stuttering.



Exclusive: China meat supplier faced claims last year over unethical work practices -  BlackRock Global Allocation Inv A(MDLOX) newsExclusive: China meat supplier faced claims last year over unethical work practices

Security guards stand inside the Husi Food factory in ShanghaiBy Kazunori Takada SHANGHAI (Reuters) - Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates. Wang Donglai, who worked at Shanghai Husi Food from 2007 to 2013, sought around 38,000 yuan ($6,100) in compensation for damage to his health from exposure to chlorine used as a cleaning agent by the meat processor. He also sought to terminate his contract at Shanghai Husi, claiming he was forced to work overtime and made to do "unethical work" that violated food safety laws, court documents showed. At his hearing last October, Wang said he was unwilling to illegally forge dates at the plant, adding that he repeatedly urged his employer to change a practice which he said violated food safety laws and hurt consumer interests, according to court documents seen by Reuters.



BSkyB to pay $8 billion to create Sky Europe -  BlackRock Global Allocation Inv A(MDLOX) newsBSkyB to pay $8 billion to create Sky Europe

File photo of Sky Deutschland headquarters in UnterfoehringBy Kate Holton LONDON (Reuters) - Britain's BSkyB has agreed to pay 4.9 billion pounds ($8.3 billion) in cash to buy Rupert Murdoch's pay-TV assets in Germany and Italy, responding to slowing growth at home by creating a European media powerhouse. BSkyB, in which Murdoch's 21st Century Fox is also the top shareholder, will pay for the deal using cash, debt and a placing of shares that represents around 10 percent of its issued share capital. 21st Century Fox is expected to use the proceeds from its partial exit from Europe to fuel its pursuit in the United States of Time Warner, which recently rejected Fox's initial $80 billion bid. Fox owns 100 percent of Sky Italia, 57 percent of Sky Deutschland and 39 percent of BSkyB.



EU regulators to decide on Oracle, Micros deal by Aug. 29 -  BlackRock Global Allocation Inv A(MDLOX) newsEU regulators to decide on Oracle, Micros deal by Aug. 29

Company logo shown at headquarters for Oracle Corp shown in Redwood CityBRUSSELS (Reuters) - European Union antitrust regulators will decide by Aug. 29 whether to clear world No. 2 software maker Oracle Corp's $5.3 billion bid for Micros Systems , the European Commission said on Friday. The deal, Oracle's biggest in five years, is in line with Oracle's strategy to boost its fast-expanding cloud business. Micros makes point-of-sale hardware and software for restaurants and hotels. The Commission can now either clear the deal unconditionally or demand concessions to resolve competition issues. (Reporting by Foo Yun Chee; editing by Robin Emmott)



Shares in Britain's RBS soar after surprise profit -  BlackRock Global Allocation Inv A(MDLOX) newsShares in Britain's RBS soar after surprise profit

A sign is seen outside a Royal Bank of Scotland building in central LondonBy Steve Slater LONDON (Reuters) - Royal Bank of Scotland posted a surprise 1 billion pound ($1.7 billion) pretax profit for the second quarter thanks to a turnaround in losses from bad loans, prompting it to release earnings a week early. It sent RBS shares soaring by 14 percent to 376 pence, on course for their biggest one-day gain since April 2009 and boosting chances of the taxpayer recouping what it invested - though maybe not for several more years because the price is still 25 percent below what the state paid. RBS said the profit was mainly because of an economic upturn that allowed it to write back losses that had been booked on bad loans, giving it a net release of 93 million pounds. 'STRONGER BANK' RBS said it was obliged to release headline numbers early because they were far better than market expectations.



Sluggish Latin American results show risks for U.S. companies -  BlackRock Global Allocation Inv A(MDLOX) newsSluggish Latin American results show risks for U.S. companies

Workers check new cars before they are transported to dealers in Sao Bernardo do CampoU.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Companies ranging from Ford Motor Co to 3M Co and Caterpillar Inc reported second quarter earnings that highlighted weakness in their Latin or South American operations. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession. "The place where we see a little bit more of a challenge is Latin America," 3M Chief Executive Officer Inge Thulin told analysts on the company's quarterly conference call on Thursday.



Amazon's heavy investing eats into bottom line, shares drop -  BlackRock Global Allocation Inv A(MDLOX) newsAmazon's heavy investing eats into bottom line, shares drop

A box from Amazon.com is pictured on the porch of a house in GoldenBy Deepa Seetharaman SAN FRANCISCO (Reuters) - Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics. Amazon's stock price has dropped 10 percent so far in 2014, with investors leery of betting on its long-term growth at the expense of little to no profit. Amazon is investing heavily in new businesses and hardware products, as it prepares to take on major tech rivals from Apple Inc and Google Inc to Netflix. Chief Financial Officer Tom Szkutak said Amazon had a "tremendous amount of opportunities" and its investments were "certainly impacting short-term results." The company is spending more than $100 million on original video content in the third quarter, a substantial increase compared to last year and the second quarter, Szkutak said.



McDonald's Japan stops sourcing all chicken from China -  BlackRock Global Allocation Inv A(MDLOX) newsMcDonald's Japan stops sourcing all chicken from China

Customers are seen through the windows of a McDonald's store in TokyoMcDonald's Holdings Co (Japan) said it halted sales of all products that use chicken meat that originates in China on Friday, switching its sourcing completely to Thailand. McDonald's Japan had already stopped selling items that used meat sourced from Shanghai Husi Food Co, a China-based supplier that had been shut down over food safety concerns. Shanghai Husi had supplied about 20 percent of its Chicken McNuggets. "We made this decision in view of the growing concern over McDonald's chicken products made in China," McDonald's Japan Chief Executive Sarah Casanova said in a statement.



Argentine debt mediator says time running short for deal -  BlackRock Global Allocation Inv A(MDLOX) newsArgentine debt mediator says time running short for deal

Argentina's Finance Secretary Pablo Lopez arrives for debt negotiation talks with court-appointed mediator Daniel Pollack in New YorkBy Daniel Bases NEW YORK (Reuters) - Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thursday that they start direct talks. The time for the Republic to avoid default (July 30) is short," mediator Daniel Pollack said in a statement following three hours of shuttle diplomacy. "After speaking with both sides, separately, I proposed and urged direct, face-to-face talks between the parties. The representatives of the bondholders were agreeable to direct talks. The representatives of the Republic declined to engage in direct talks," Pollack said.



Air Algerie jet with 116 on board crashes in Mali -  BlackRock Global Allocation Inv A(MDLOX) newsAir Algerie jet with 116 on board crashes in Mali

An arrival information screen shows the delayed Air Algerie flight 5017 (top) at the Houari Boumediene airport near Algiers, Algeria, Thursday, July 24, 2014. An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali and "probably crashed" according to the plane's owner and government officials in France and Burkina Faso. (AP Photo/Sidali Djarboub)OUAGADOUGO, Burkina Faso (AP) — An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, the third major international aviation disaster in a week.



Across US job market, layoffs are becoming rare -  BlackRock Global Allocation Inv A(MDLOX) newsAcross US job market, layoffs are becoming rare

In this photo taken Wednesday, July 16, 2014, job seeker U.S. Army veteran John Godman, right, talks to recruiters Nicole Rushton, left, and Megan Hogan, center, at a Hiring Fair For Veterans in Fort Lauderdale, Fla. The Labor Department releases weekly jobless claims on Thursday, July 23, 2014. (AP Photo/Alan Diaz)WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.



Fast food workers prepare to escalate wage demands -  BlackRock Global Allocation Inv A(MDLOX) newsFast food workers prepare to escalate wage demands

FILE - In this May 22, 2014 file photo, protesters gather outside of the McDonald's Corporation headquarters in Oak Brook, Ill., the annual shareholders meeting demonstrating for higher wages and the right to unionize. On Friday, July 25, 2014, in Chicago, organizers are holding what they're calling the first national convention of fast-food workers. They’ll be discussing how to move forward with the protests and other actions calling for higher wages that have been taking place in cities around the country since late 2012.  (AP Photo/M. Spencer Green, File)CHICAGO (AP) — Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.



German business confidence drops again -  BlackRock Global Allocation Inv A(MDLOX) newsGerman business confidence drops again
BERLIN (AP) — German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.
Family feud sparks revolt at grocery store chain -  BlackRock Global Allocation Inv A(MDLOX) newsFamily feud sparks revolt at grocery store chain

Shoppers encounter empty shelves as they shop Thursday, July 24, 2014 at the Market Basket supermarket in Haverhill, Mass. A decades-long family feud, which brought about the ouster of Arthur T. Demoulas as CEO of the privately held company, led to a worker revolt, customer boycotts and empty shelves in the grocery chain's stores in Maine, Massachusetts and New Hampshire. More than 100 Massachusetts legislators and mayors, Massachusetts Attorney General Martha Coakley, and New Hampshire Gov. Maggie Hassan have publicly supported the employees. (AP Photo)WEST BRIDGEWATER, Mass. (AP) — It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures.



German airlines cancel more Tel Aviv flights -  BlackRock Global Allocation Inv A(MDLOX) newsGerman airlines cancel more Tel Aviv flights
BERLIN (AP) — Germany's two largest airlines say they are not yet resuming flights to Israel even though the European Aviation Safety Agency has lifted a recommendation that airlines refrain from flying to Tel Aviv airport.
BSkyB to take over Italian, German pay TV networks -  BlackRock Global Allocation Inv A(MDLOX) newsBSkyB to take over Italian, German pay TV networks
LONDON (AP) — London-based satellite broadcaster BSkyB has announced agreements to purchase Sky Italia and 57 percent of Sky Deutschland from 21st Century Fox.
Obama wants limits on US company mergers abroad -  BlackRock Global Allocation Inv A(MDLOX) newsObama wants limits on US company mergers abroad

President Barack Obama speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip. Striking a populist stand ahead of the midterm elections, Obama is demanding "economic patriotism" from American corporations that seek overseas mergers to avoid U.S. taxes. Obama and congressional Democrats are pushing to severely limit such deals, a move resisted by Republicans who argue the entire corporate tax code needs an overhaul. (AP Photo)LOS ANGELES (AP) — Staking out a populist stand ahead of the midterm elections, President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.



Asian stocks bolstered by US economic data -  BlackRock Global Allocation Inv A(MDLOX) newsAsian stocks bolstered by US economic data

Men walk by an electronic stock board of a securities firm in Tokyo, Thursday, July 24, 2014. Asian shares were subdued Thursday despite an improvement in China’s manufacturing as a wait-and-see mood prevailed ahead of earnings reports from some of the region’s top companies. (AP Photo/Eugene Hoshiko)MUMBAI, India (AP) — Most major Asian stock markets rose Friday after U.S. unemployment claims fell to an eight-year low and tensions over the downing of a Malaysia Airlines jet eased.



Very bad week: Airline disasters come in a cluster -  BlackRock Global Allocation Inv A(MDLOX) newsVery bad week: Airline disasters come in a cluster

A forensic team recovers human remains among the wreckage of crashed TransAsia Airways flight GE222 on the outlying island of Penghu, Taiwan, Thursday, July 24, 2014. Stormy weather on the trailing edge of Typhoon Matmo was the likely cause of the plane crash that killed more than 40 people, the airline said. Aviation has suffered one of its worst weeks in memory, a cluster of disasters spanning three continents. (AP Photo/Wally Santana)WASHINGTON (AP) — Nearly 300 passengers perish when their plane is shot out of the sky. Airlines suspend flights to Israel's largest airport after rocket attacks. Two airliners crash during storms. Aviation has suffered one of its worst weeks in memory, a cluster of disasters spanning three continents.



Grow Your Business by Protecting Your Life With Guardrails -  BlackRock Global Allocation Inv A(MDLOX) newsGrow Your Business by Protecting Your Life With Guardrails

Grow Your Business by Protecting Your Life With GuardrailsIf you want a successful business, you almost always have to go through this intense startup period. When the business gains success and momentum, far too many business owners fail to recognize they can and should shift the intensity and begin to put up some simple guardrails.



SEC Targeting 10 Firms In High-Speed Trading Investigation -  BlackRock Global Allocation Inv A(MDLOX) newsSEC Targeting 10 Firms In High-Speed Trading Investigation

SEC Targeting 10 Firms In High-Speed Trading Investigation(Refiles to correct spelling of Allston in fourth paragraph) By John McCrank NEW YORK, July 17 (Reuters) - The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters. The regulator told its staff in late March that it was interested in seeing any tips, complaints, or referrals that they receive concerning the brokers and high frequency trading. ...



Should Your Business Become a B Corporation? -  BlackRock Global Allocation Inv A(MDLOX) newsShould Your Business Become a B Corporation?

Should Your Business Become a B Corporation?A "Benefit Corporation" (B Corp) is a company that engages in socially beneficial practices and considers how their business decisions will impact their employees, suppliers, community, consumers and the environment. I believe a company doesn't have to be exclusively a nonprofit or a for-profit and a B Corp is the perfect hybrid of the two--a company structured to make a profit while also providing social benefits.



Just Pick Up the F*#@ing Phone -  BlackRock Global Allocation Inv A(MDLOX) newsJust Pick Up the F*#@ing Phone

Just Pick Up the F*#@ing PhoneLike most people, I send dozens of emails a day. Pretty much anything that I work on can be dealt with using email. But is that always the right choice?



Women in Business Q&A: Jess Lee, CEO and Co-Founder of Polyvore -  BlackRock Global Allocation Inv A(MDLOX) newsWomen in Business Q&A: Jess Lee, CEO and Co-Founder of Polyvore
Jess Lee is Polyvore's CEO. Prior to co-founding Polyvore, Jess was a product manager at Google, where she worked on Google Maps and launched features like My Maps and draggable driving directions. After four years at Google, Jess became hopelessly addicted to making Polyvore sets and decided the only cure was to join the Polyvore team to help build the company. Jess has a degree in computer science from Stanford University. How has your life experience made you the leader you are today? When I was growing up, my mom ran her own small business out of our apartment. Because
SEO Questions Franchise Owners Need to Ask -  BlackRock Global Allocation Inv A(MDLOX) newsSEO Questions Franchise Owners Need to Ask

SEO Questions Franchise Owners Need to AskAsking these questions doesn't always come to mind right away, but these are crucial if you own a franchise. Franchises are constantly growing and by nature have a lot of people working higher positions, so the managers working with you are constantly changing.



Startups: Switzerland's New Graduate Program -  BlackRock Global Allocation Inv A(MDLOX) newsStartups: Switzerland's New Graduate Program
By Eva Perrett, Masters Student at Graduate Institute in Geneva Swiss students have dispersed the summer holidays. Among those graduating and entering the job market, a new trend is emerging. More and more young people are founding startups. Idyllically situated with views of Zurich, the Villa Rigi, a former manor house, has bright rooms and a garden that now serve a new purpose: as a headquarters for Swiss startups. Five startups are based here, among them ElectricFeel, a technology spin-off from the university ETH Zürich, with a focus on urban mobility. ...
For Women in Computer Science, Tech Is a Golden Opportunity -  BlackRock Global Allocation Inv A(MDLOX) newsFor Women in Computer Science, Tech Is a Golden Opportunity

For Women in Computer Science, Tech Is a Golden OpportunityGoogle recently released report acknowledging the lack of diversity in their workforce kicked up a storm. The company says, most of its workforce is white (61%) and male (70%). Worse, a mere 17% of Google's tech workforce is women. By and large, this is not Google's fault.



Someone Left A Loaded Gun In A Walmart Bathroom -  BlackRock Global Allocation Inv A(MDLOX) newsSomeone Left A Loaded Gun In A Walmart Bathroom

Someone Left A Loaded Gun In A Walmart BathroomWalmart could be the next battleground in the fight over gun rights in retail chains after a loaded revolver was found in the bathroom of a South Carolina store. On the afternoon of Saturday, July 12, a man with a concealed carry permit left his gray Smith & Wesson revolver, loaded with five live .38 caliber rounds, atop the toilet paper dispenser in a stall of the rear men's bathroom of a York, South Carolina Walmart, according to a police report.



The Nature of Work -  BlackRock Global Allocation Inv A(MDLOX) newsThe Nature of Work

The Nature of WorkBut we can't blame our problems with work on work itself because "work" as an entity doesn't exist. It has no consciousness. Work is what we do and it is so much a part of what we are.



Passion -  BlackRock Global Allocation Inv A(MDLOX) newsPassion

PassionIf you're thinking of starting a restaurant, you need to sit down and ask yourself: "Do I really have what it takes to succeed? Do I love food and making money enough to make these things my life?"



Young Professionals: Six Keys to Building Your Career -  BlackRock Global Allocation Inv A(MDLOX) newsYoung Professionals: Six Keys to Building Your Career
This week two new studies (one by The Economist and one by Quantum Workplace) highlight how rapidly young professionals' view of their careers have changed. While startups continue to be exciting and people desperately want to work for pre-IPO companies, research shows that most Millennials (under the age of 30) are starting to really mature in their career thinking. Here is some data: Young People are Getting more Serious: The days of young people smoking marijuana, hanging around on the street in cities like Berlin, or kids in the UK engaging in binge drinking are slowly coming to an
Subway Worker Claims She Was Forced To Work While Vomiting -  BlackRock Global Allocation Inv A(MDLOX) newsSubway Worker Claims She Was Forced To Work While Vomiting

Subway Worker Claims She Was Forced To Work While VomitingA Subway worker in Freeport, Texas, claims she was forced to continue working her shift while suffering from a stomach bug, then was fired the same day. Elizabeth Taff, 24, says she was so sick she could barely stand up straight and vomited several times during her shift on July 11, but her manager refused to let her leave unless she found someone to cover her shift.



To All Corporations: This Is What People Mean When They Talk About Fairness -  BlackRock Global Allocation Inv A(MDLOX) newsTo All Corporations: This Is What People Mean When They Talk About Fairness

To All Corporations: This Is What People Mean When They Talk About FairnessAs people, we've become accustomed to asking questions publicly, digging deeper and going past the advertising noise that bombards our senses every single waking minute.



Google and the German Angst -  BlackRock Global Allocation Inv A(MDLOX) newsGoogle and the German Angst

Google and the German AngstThe other day the German minister of justice, Heiko Maas, was asked in an interview how often he is using Google to crawl the Internet. His answer: "Everyday and in an exorbitant manner. Therefore, unfortunately, I am part of the problem."



Fashion and the Market for Curated Identities -  BlackRock Global Allocation Inv A(MDLOX) newsFashion and the Market for Curated Identities

Culture: Let It Shine in the Tough TimesThe concept of a curated identity is nothing new, but increased connectivity and consumer conscience has certainly paved the way for what is now a burgeoning market, that ultimately serves to give us more choice, control and flexibility when it comes to what we wear.



The DeWolfe Effect -  BlackRock Global Allocation Inv A(MDLOX) newsThe DeWolfe Effect

Culture: Let It Shine in the Tough TimesHave you ever laid awake at night thinking about that entrepreneur who has already forged the path that you are on? I often think of an entrepreneur who has already accomplished much of what I am setting out to do. He is a legend when it comes to real estate brands in New England. His name is Richard DeWolfe.



Culture: Let It Shine in the Tough Times -  BlackRock Global Allocation Inv A(MDLOX) newsCulture: Let It Shine in the Tough Times

Culture: Let It Shine in the Tough TimesWhile we often can't anticipate such occurrences, we can plan for them and plan for the proactive communications and actions that need to happen to keep the organization on track.



Here Is The Salary At Which Money Won't Make You Any Happier In Each State -  BlackRock Global Allocation Inv A(MDLOX) newsHere Is The Salary At Which Money Won't Make You Any Happier In Each State

Here Is The Salary At Which Money Won't Make You Any Happier In Each StateMoney can only buy happiness up to a point. But just how much you need to get to that threshold really depends on where you live, according to a new analysis by Doug Short, vice president of research at investment group Advisor Perspectives. Short's analysis found that if you live in a place like Hawaii, where the cost of living is relatively high, you need to make $122,175 per year before some extra cash doesn't really translate into more happiness. In Mississippi, by comparison, the threshold at which more money stops making you happier is a lot lower: $65,850 per



Dodd-Frank at Four -  BlackRock Global Allocation Inv A(MDLOX) newsDodd-Frank at Four

Dodd-Frank at FourOn July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act became law. As with human 4-year-olds, the party parents throw may be a little duller than on the first birthday, but the toddler now appreciates the present in the box more than the box itself. Let's look at what's in the box.



  

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