Exclusive Blackrocks Biggest Stock-picking Fund Likes Facebook Shares | The News Amed
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Exclusive Blackrocks Biggest Stock-picking Fund Likes Facebook Shares



NEW YORK – The biggest stock-picking fund at BlackRock Inc raised its bet on Facebook Inc in March, a source familiar with the matter said, making the social media company a top 10 equity holding and apparently betting that Facebook’s privacy scandal will not weigh on the stock for long.

A person familiar with the matter said the Global Allocation Fund – run by Dan Chamby, Russ Koesterich, David Clayton and Kent Hogshire – had boosted its Facebook share count. The person, who requested anonymity because BlackRock does not discuss individual stocks, declined to say specifically how many Facebook shares the fund had acquired or when during the month they were purchased.

Facebook and BlackRock, the world’s largest asset manager with $6.32 trillion under management, declined to comment.

The increases in Facebook holdings were enough to make the social media company the $36.7 billion fund’s sixth largest stock holding at March 30, up 10 spots from where it had been two months earlier, according to the fund’s website and Thomson Reuters data. The March disclosures also do not spell out when shares were acquired or how many were bought.


Tsb Bank Chaos As Account Details Leaked Online And One Customer Wrongly Credited With £13k’



TSB customers have been left unable to access their cash after a weekend upgrade to the company’s online systems.

Some customers have even claimed to have seen other TSB user’s bank account details when they log in to the banking app.

PA:Press Association The TSB had been carrying out upgrades to its system all weekend

But, a number of customers still had issues on Sunday night and the TSB revealed it was working to right the problems.

One customer was reportedly credited with £13,000 he didn’t have –  and claimed he could see the  details of someone else’s account.

Laim McKenzie, from Paisley, in Scotland, signed into his banking app shortly after 6pm on Sunday and encountered problems.

The 20-year-old told the BBC: “I saw the details of one other account holder, as well as my own.

The banking giant is now working to put things rights

Many customers took to Twitter to complain

“My balance, because of my overdraft, is in minus, but my balance was showing at £13,000.

“I closed the app and went in again at 19:00 and only my account was showing – but my balance was showing at zero.

“I’ve closed the app again and have not been able to access it since.”

Responding to claims customer’s details were visible to others, a TSB spokeswoman told the Sun Online: “Protecting our customers’ data is our number one priority and we are investigating the reports we’ve seen on social media.”

Other customers took to Twitter to complain.

Christopher Burns says that he is stuck on holiday because of the updates

Christopher Burns said on Twitter: “Its a joke mate. Were stranded abroad as still saying we have nothing. We had rest of our holiday money there and have been stuck in apartment all day”

Patrick Johnson was left with no money in his account this weekend after the updates stopped him from accessing his cash.


Tom Owen has also been unable to access his money saying: “Hey @TSB, nice to see the App and online banking are still down. Not been able to access any money since 4pm Friday, #jokeshop #switchbanks.”

Twitter Cheryl Millan from Scotland said that her account contained £1,000s more that she expected.

Another customer who said they saw someone else’s bank details was Cheryl Millan.

On Twitter Cheryl said: “Went into my @TSB app last night and saw I had nearly a £1000’s more than I should have before I could click into it a message popped up saying something went wrong.After coming onto Twitter it seems that it wasn’t my account at all!Going to try and phone them this morning! #tsb”

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There’s A New Oreo Cookie And Dairylea Cheese Snackbox



DAIRYLEA has released and new sweet and savoury snack range.

And it sounds like it could either be a belly rubbing treat or a bad brunch.

Dairlea There’s a new OREO cookie and Dairylea cheese snackbox

”Snackers” features Mini Oreo’s and Mini Chocolate Cookies, as well as crackers and cheese.

Mondelez International said the unexpected mix was created to become a ”convenient snack to fuel kids’ busy schedules”.

Dairylea Snackers Mini Oreo and Dairylea Snackers Mini Chocolate Cookies retail at £1.65 each.

Rebecca Prout, senior brand manager for Dairylea, said the company wants to meet the need for ”innovation” in snacking.

Dairylea Snackers Mini Oreo and Dairylea Snackers Mini Chocolate Cookies retail at £1.65 each

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Air France Klm Shares Fall Amid More Strike Disruption



PARIS – Air France KLM (AIRF.PA) shares fell on Monday as its Air France division faced further disruption to flights due to workers striking in protest over pay.

Air France KLM shares were down 1.4 percent in early trading, among the worst performers on Paris’ SBF-120 index .SBF120.

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