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Message: RE: CES........ Gilgamash-arkie

RE: CES........ Gilgamash-arkie

posted on Jan 09, 2005 12:08PM
``EXPECTS`` is standard language in all forward looking statements by public companies.

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BLK has very similar language regardless of their bottom line.

BlackRock is considered one of the largest U.S. investment management firms with approximately $323.5 billion of assets under management as of last September. The firm manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, liquidity and alternative investment products.

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Forward-Looking Statements. This press release, and other statements that BlackRock may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to BlackRock`s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as ``trend,`` ``potential,`` ``opportunity,`` ``pipeline,`` ``believe,`` ``comfortable,`` ``expect,`` ``anticipate,`` ``current,`` ``intention,`` ``estimate,`` ``position,`` ``assume,`` ``potential,`` ``outlook,`` ``continue,`` ``remain,`` ``maintain,`` ``sustain,`` ``seek,`` ``achieve,`` and similar expressions, or future or conditional verbs such as ``will,`` ``would,`` ``should,`` ``could,`` ``may`` or similar expressions.

BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

In addition to factors previously disclosed in BlackRock`s Securities and Exchange Commission (the ``SEC``) reports and those identified elsewhere in this press release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (1) the introduction, withdrawal, success and timing of business initiatives and strategies; (2) changes in political, economic or industry conditions, the interest rate environment or financial and capital markets, which could result in changes in demand for products or services or in the value of assets under management; (3) the relative and absolute investment performance of BlackRock`s advised or sponsored investment products and separately managed accounts; (4) the impact of increased competition; (5) the impact of capital improvement projects; (6) the impact of future acquisitions and divestitures; (7) the unfavorable resolution of legal proceedings; (8) the extent and timing of any share repurchases; (9) the impact, extent and timing of technological changes and the adequacy of intellectual property protection; (10) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to BlackRock or PNC; (11) terrorist activities and international hostilities, which may adversely affect the general economy, financial and capital markets, specific industries, and BlackRock; (12) the ability to attract and retain highly talented professionals; (13) fluctuations in foreign currency exchange rates, which may adversely affect the value of advisory fees earned by BlackRock; (14) the impact of changes to tax legislation and, generally, the tax position of the Company; (15) changes in circumstances affecting the expense recognition of BlackRock`s 2002 Long Term Retention and Incentive Plan; and (16) the closing of the Company`s acquisition of SSRM Holdings, Inc.

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