BlackRock Trims Its Microsoft Holdings Below 5%

Investment management giant BlackRock has sliced its Microsoft stake by almost 10%, joining several other large investors who took a machete to their holdings of the software giant this year as its share price significantly und…

BlackRock Shares Slide on News of Secondary Offering

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.
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