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The US stock market moved slightly higher in early afternoon trading yesterday, keeping major indexes at record levels. Renewed confidence that stimulus measures from global central banks will help spur economic growth is supporting demand for stocks.

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LOS ANGELES (AP) – Ending weeks of speculation, US investment manager BlackRock Inc. said Thursday it will purchase the asset management arm of British investment bank Barclays PLC for $13.5 billion in cash and stock, to become the world’s largest asset manager.
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BLACKROCK

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abtest

US stocks inch further into record territory

By Steve Rothwell | November 25, 2014 - 4:21am

The US stock market moved slightly higher in early afternoon trading yesterday, keeping major indexes at record levels. Renewed confidence that stimulus measures from global central banks will help spur economic...

World

BlackRock to become world's biggest money manager

June 13, 2009 - 12:00am

LOS ANGELES (AP) – Ending weeks of speculation, US investment manager BlackRock Inc. said Thursday it will purchase the asset management arm of British investment bank Barclays PLC for $13.5 billion in cash...

Business