BlackRock’s stock price fell sharply on Wednesday morning after the global investment management firm confirmed that Bank of America and PNC Financial Services would sell 42 million of its shares in a secondary offering.
Continue reading BlackRock Shares Slide on News of Secondary Offering
BlackRock Shares Slide on News of Secondary Offering originally appeared on DailyFinance on Wed, 03 Nov 2010 11:57:00.
Filed Under: Company News, Investing, Bank of America, Biz Brief, Stocks in the News