BlackRock +1% following yesterday's late dip on confirmation it will be lowering the fees on...

|By:, SA News Editor

BlackRock +1% following yesterday's late dip on confirmation it will be lowering the fees on several of its ETPs. "We see this news as very bullish for BLK and somewhat bearish for the rest of the industry," writes Susquehanna's Doug Sipkin, believing the move makes BlackRock an "aggressive" competitor with Vanguard for individual investors.