BLK

BlackRock to Report First Quarter 2024 Earnings on April 12th

Retrieved on: 
Monday, April 1, 2024

BlackRock, Inc. (NYSE: BLK) today announced that it will report first quarter 2024 earnings prior to the opening of the New York Stock Exchange on Friday, April 12, 2024.

Key Points: 
  • BlackRock, Inc. (NYSE: BLK) today announced that it will report first quarter 2024 earnings prior to the opening of the New York Stock Exchange on Friday, April 12, 2024.
  • ET.
  • BlackRock’s earnings release and supplemental materials will be available via the investor relations section of www.blackrock.com , before the teleconference call begins.
  • A live, listen-only webcast will also be available via the investor relations section of www.blackrock.com .

Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market

Retrieved on: 
Thursday, April 4, 2024

The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.

Key Points: 
  • The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.
  • Under the terms of the Trademark License Agreement, Avant's subsidiary will grant IMC Germany the license to utilize Avant's BLK MKTTM cannabis brand for use on their medical cannabis products.
  • Both companies believe the Licensing Agreement will enhance the companies' capabilities to meet the demands of the German market.
  • "We believe that our collaboration with Avant will continue to accelerate the strong momentum we have established in the German medical cannabis market," stated Richard Balla, CEO of IMC Germany.

Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market

Retrieved on: 
Thursday, April 4, 2024

The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.

Key Points: 
  • The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.
  • Under the terms of the Trademark License Agreement, Avant's subsidiary will grant IMC Germany the license to utilize Avant's BLK MKTTM cannabis brand for use on their medical cannabis products.
  • Both companies believe the Licensing Agreement will enhance the companies' capabilities to meet the demands of the German market.
  • "We believe that our collaboration with Avant will continue to accelerate the strong momentum we have established in the German medical cannabis market," stated Richard Balla, CEO of IMC Germany.

Social Impact Coffee Brand, BLK & Bold, Takes Impact A Step Further With The Introduction of The BLK & Bold Foundation, A 501(c)(3) Non-Profit Organization

Retrieved on: 
Monday, March 18, 2024

DES MOINES, Iowa, March 18, 2024 /PRNewswire/ -- BLK & Bold, the specialty coffee and tea brand, announced the launch of the BLK & Bold Foundation, a nonprofit organization dedicated to empowering, developing, and educating underserved communities.

Key Points: 
  • With the introduction of the BLK & Bold Foundation, Co-Founders Pernell Cezar and Rod Johnson aim to enhance this commitment by providing a structured platform for donors to support For Our Youth programs.
  • The BLK & Bold Foundation serves as a community resource hub, actively seeking partnerships to support its mission.
  • "The launch of The BLK & Bold Foundation represents a significant milestone in our mission to create lasting social impact," said Co-Founder and CEO, Pernell Cezar.
  • The BLK & Bold Foundation aims to secure the futures of millions of children by efficiently allocating resources.

BLK OPS™ Veterans Project Unveils National Tour and Docuseries to Honor Diversity in U.S. Special Operations Units

Retrieved on: 
Wednesday, March 13, 2024

SAN ANTONIO, March 13, 2024 /PRNewswire-PRWeb/ -- In an innovative campaign to highlight the untold stories of diversity within the U.S. Special Operations Forces, the BLK OPS™ Veterans Project, initiated by U.S. Army Special Forces Veterans Chris McPhee and Ruben Ayala, announces a groundbreaking five-city tour and accompanying museum exhibit. The project unveils the BLK OPS™ Mini Docuseries, aimed at challenging public perceptions and showcasing the diverse narratives of underrepresented veterans in America's most clandestine military units through personal stories and engaging dialogues on Diversity, Equity, and Inclusion (DEI).

Key Points: 
  • The BLK OPS™ Veterans Project launches a five-city tour and museum exhibit to reveal the diverse stories of U.S. Special Operations Forces veterans, promoting DEI through personal narratives and a new Mini Docuseries.
  • SAN ANTONIO, March 13, 2024 /PRNewswire-PRWeb/ -- In an innovative campaign to highlight the untold stories of diversity within the U.S. Special Operations Forces, the BLK OPS™ Veterans Project, initiated by U.S. Army Special Forces Veterans Chris McPhee and Ruben Ayala, announces a groundbreaking five-city tour and accompanying museum exhibit.
  • The project unveils the BLK OPS™ Mini Docuseries, aimed at challenging public perceptions and showcasing the diverse narratives of underrepresented veterans in America's most clandestine military units through personal stories and engaging dialogues on Diversity, Equity, and Inclusion (DEI).
  • The BLK OPS™ initiative goes beyond mere storytelling; it represents a mission to magnify the historical and contemporary contributions of minority veterans.

Introducing the Next Chapter of the Keurig® K-Cup® Pod System Product Portfolio

Retrieved on: 
Wednesday, March 13, 2024

BURLINGTON, Mass. and FRISCO, Texas, March 13, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced a roadmap of innovation rooted in meeting the evolving needs of coffee-lovers and delivering against key product attributes including variety, quality, value and sustainability (see also: "Keurig® Reimagines Single Serve Coffee with the Unveil of its Next-Generation Coffee and Brewer Innovation"). The Company's near-term vision includes the following Keurig® brewer and K-Cup® pod offerings:

Key Points: 
  • The brewer will also provide the option to brew the same high-quality cup of hot coffee for which Keurig is recognized.
  • Coffeeshop-style K-Cup pods: In support of the demand for more coffeeshop-inspired choices from the 45 million homes across the U.S. and Canada with a Keurig brewer, the Company is continuing to innovate within its K-Cup pod portfolio.
  • KDP is actively working with communities and recyclers to help increase acceptance of K-Cup pods where they also accept polypropylene.
  • As consumers prioritize more personalized, sustainable and accessible coffee experiences, Keurig is proud to introduce the K-Cup pod system innovation plan – designed for any countertop, drink preference and budget."

BlackRock to Acquire SpiderRock Advisors

Retrieved on: 
Friday, March 8, 2024

BlackRock (NYSE: BLK) has agreed to acquire the remaining equity interest in SpiderRock Advisors (“SRA”), a leading provider of customized option overlay strategies in the U.S. wealth market.

Key Points: 
  • BlackRock (NYSE: BLK) has agreed to acquire the remaining equity interest in SpiderRock Advisors (“SRA”), a leading provider of customized option overlay strategies in the U.S. wealth market.
  • “By giving BlackRock more SMA capabilities, this acquisition will enable us to meet growing demand from wealth managers for personalized, tax-efficient portfolios.
  • “We are thrilled to fully join the BlackRock team, and to broaden access to SpiderRock Advisors’ options management solutions for both taxable and tax-exempt investors,” said Eric Metz, President and Chief Investment Officer of SpiderRock Advisors.
  • Jones Day acted as legal counsel for SpiderRock Advisors, LLC.

BlackRock Successfully Prices $3 Billion Offering of Senior Notes

Retrieved on: 
Tuesday, March 5, 2024

BlackRock, Inc. (NYSE: BLK) (“BlackRock”) today successfully priced a $3 billion debt offering consisting of three tranches of senior unsecured notes (collectively, the “Notes”):

Key Points: 
  • BlackRock, Inc. (NYSE: BLK) (“BlackRock”) today successfully priced a $3 billion debt offering consisting of three tranches of senior unsecured notes (collectively, the “Notes”):
    The Notes will be issued by BlackRock’s wholly owned subsidiary, BlackRock Funding, Inc. (“BlackRock Funding”), and will be fully and unconditionally guaranteed on a senior unsecured basis by BlackRock.
  • The Notes, other than the Notes due 2054, will be subject to a special mandatory redemption (at a price equal to 101% of the aggregate principal amount of such series of Notes) under certain circumstances if the GIP Transaction is not consummated.
  • The closing of the offering is expected to occur on March 14, 2024, subject to satisfaction of customary closing conditions.
  • This offering is being made pursuant to an effective shelf registration statement and prospectus and a related preliminary prospectus supplement filed by BlackRock Funding and BlackRock with the Securities and Exchange Commission (the “SEC”).

~Pourri and Rolling Stone are Bringing the Funk to SXSW® 2024 with Immersive Consumer Experiences

Retrieved on: 
Thursday, February 29, 2024

AUSTIN, Texas, Feb. 29, 2024 /PRNewswire/ -- ~Pourri, the company known for eliminating funky smells without the funky ingredients and makers of Poo~Pourri, the Original Before-You-Go® toilet spray, is teaming up with Rolling Stone, the authority in music and culture news, to make its debut as one of the official sponsors at SXSW® 2024. Through a series of events that will elevate conversations, champion change and sprinkle a bit of cheeky warmth throughout the festival, together they will spritz up the annual event with a whiff of the unexpected, proving that ~Pourri can bring more than just a breath of fresh air to any atmosphere.

Key Points: 
  • "I am so excited to have the opportunity to bring our funky visions to life at SXSW this year.
  • "~Pourri has planned an incredible mix of events that promise to entertain, ignite impactful conversations, and encourage you to take a load off.
  • We want everyone to be a part of this exciting journey, tapping into the unexpected and celebrating the power of change."
  • From Wednesday, March 13, 2024 through Saturday, March 16, 2024, ~Pourri wants guests to "Stay Funky.

Match Group Tells Users To Verify Their Profiles In Order To Go On More Dates

Retrieved on: 
Tuesday, February 6, 2024

DALLAS, Feb. 6, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH), the parent company of Tinder, Hinge, Match, and Plenty of Fish, announced the platforms will send users coordinated reminders to Photo Verify their profiles this Safer Internet Day. Beginning today, February 6, users across Tinder, Hinge, Match, OkCupid, Plenty of Fish, Meetic, BLK, Chispa, and Upward with unverified profiles will receive a push notification or message encouraging them to verify their account utilizing Photo Verification with a selfie video or the platform's verification tools. As new users join the apps and returning users revamp their profiles for peak dating  season, these tools help confirm for potential matches that the photos on their profile match the person with the account.

Key Points: 
  • On Safer Internet Day, Match Group Platforms Will Send A Coordinated Reminder To Users With Unverified Profiles, Encouraging Them To Photo Verify Their Profiles.
  • Verified profiles often receive better engagement, as these profiles encourage more informed decisions on dating apps and increase confidence in a potential match.
  • At Hinge, users with profiles that are Selfie Verified go on more than 200% more dates globally than those with unverified profiles.
  • "We appreciate that Match Group is promoting safer online practices by encouraging unverified users across their platforms to verify their profiles.