logo
BlackRock® Canada Announces Final May Cash Distributions for the iShares® Premium Money Market ETF

BlackRock® Canada Announces Final May Cash Distributions for the iShares® Premium Money Market ETF

TORONTO, May 21, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited ('BlackRock Canada'), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final May 2025 cash distributions for iShares Premium Money Market ETF. Unitholders of record on May 22, 2025 will receive cash distributions payable on May 30, 2025.
Details regarding the final 'per unit' distribution amounts are as follows:
Further information on the iShares ETFs can be found at
http://www.blackrock.com/ca
.
About BlackRock
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit
www.blackrock.com/corporate
| Twitter:
@BlackRockCA
About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
iShares® ETFs are managed by BlackRock Asset Management Canada Limited.
Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.
Contact for Media:
Sydney Punchard
Email:
Sydney.Punchard@blackrock.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit
Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit

Yahoo

time17 minutes ago

  • Yahoo

Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit

Johnson & Johnson (NYSE:JNJ) is one of the best Dow stocks to invest in. Recently, a federal judge ruled that a Johnson & Johnson subsidiary must pay $442 million in damages after a jury concluded last month that the company had broken antitrust laws by withholding support from hospitals that used reprocessed catheters. U.S. District Judge James Selna ordered the company to pay three times the $147 million in damages awarded by the jury, as permitted under antitrust regulations. This sum does not include legal fees or other related costs. Daniel Vukelich, CEO of the Association of Medical Device Reprocessors, described the decision as 'a seismic result.' In response, a Johnson & Johnson (NYSE:JNJ) spokesperson said the company intends to appeal the verdict but will comply with the court's decision and any required relief for now. The spokesperson added, 'We strongly disagree with the jury's verdict and believe it will not withstand appellate review.' Innovative Health sued Johnson & Johnson (NYSE:JNJ)'s Biosense Webster in 2019, claiming the company used its market power to block hospitals from using reprocessed heart-mapping catheters by tying support for its Carto 3 system to purchases of its own products. A jury found Johnson & Johnson (NYSE:JNJ) violated antitrust laws by withholding support for the reprocessed devices. AMDR's CEO said the ruling signals that anti-competitive tactics against reprocessing won't be tolerated. The case was heard in the U.S. District Court for the Central District of California. While we acknowledge the potential of JNJ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.

Legislation could help speed air cargo shipments
Legislation could help speed air cargo shipments

Yahoo

time19 minutes ago

  • Yahoo

Legislation could help speed air cargo shipments

WASHINGTON — Legislation introduced in the House and Senate could help speed air cargo shipments through the supply chain by using a new funding incentive for surface transportation projects. The Don't Miss Your Flight Act, introduced last week in the House by U.S. Reps. Steve Cohen, D-Tenn. and David Kustoff, R-Tenn. and in the Senate by U.S. Sens. Marsha Blackburn, R-Tenn., and Tammy Duckworth, D-Ill., would use existing federal funding to create an incentive for surface transportation projects at and within five miles of a public airport. 'We've all been there – you're rushing to the airport but then get stuck in traffic outside while worrying that your flight is going to take off without you,' Duckworth said in a press statement. 'Airports like Chicago O'Hare and so many others are building to keep up with the growing passenger demand, but our surface transportation leading into and out of our airports needs to keep pace.' In addition to passenger benefits, Kustoff emphasized benefits to cargo shipments as well.'It is imperative that shipments can get in and out of Memphis quickly and effectively,' he said. 'The Don't Miss Your Flight Act is critical legislation that will ensure federal funding is used to modify surface transportation around our nation's busiest airports.' Cohen added that as the nation's busiest cargo airport, Memphis International Airport 'is at the confluence of river, rail and highway circuits we call 'America's Distribution Center',' he said. 'Updates to the ground infrastructure in Memphis and around the country through grants authorized under the Don't Miss Your Flight Act will modernize and improve the air traveler's experience.' Memphis International Airport is the third busiest cargo airport in the world, behind airports in Hong Kong and Shanghai, according to the latest ranking by Airports Council International. FedEx Corp. (NYSE: FDX), headquartered in Memphis, is the airport's largest cargo operator, operating approximately 400 flights per day, according to the airport. The bill's language states that a project eligible for grant funds under the legislation is a project that:Connects to a public airport. Makes improvements on land that is on or within five miles of that public airport. Reduces congestion, expands capacity, provides access to under-connected areas, or rehabilitates roadway, rail, or transit infrastructure, including bridges, tunnels, and rolling stock. Airlines lower air cargo forecast amid escalating trade war FedEx converts parcel freighter to heavy cargo operation Just steal it: Why carriers avoid Memphis Click for more FreightWaves articles by John Gallagher. The post Legislation could help speed air cargo shipments appeared first on FreightWaves.

Deal gets US-China trade truce back on track: Trump
Deal gets US-China trade truce back on track: Trump

Yahoo

time24 minutes ago

  • Yahoo

Deal gets US-China trade truce back on track: Trump

A deal getting the fragile truce in the US-China trade war back on track is done, US President Donald Trump says after negotiators from the United States and China agreed on a framework covering tariff rates. The deal also removes Chinese export restrictions on rare earth minerals and allows Chinese students access to US universities. Trump took to his social media platform to offer some of the first details to emerge from two days of marathon talks held in London that had, in the words of US Commerce Secretary Howard Lutnick, put "meat on the bones" of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels. "Our deal with China is done, subject to final approval with President Xi (Jinping) and me," Trump said on the Truth Social platform. "Full magnets, and any necessary rare earths, will be supplied, up front, by China. Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!). We are getting a total of 55 per cent tariffs, China is getting 10 per cent." It was fantastic to team up with Secretary Scott Bessent and Ambassador Jamieson Greer. World-class team delivering world-class results for America. — Howard Lutnick (@howardlutnick) June 11, 2025 A White House official said the 55 per cent represents the sum of a baseline 10 per cent "reciprocal" tariff Trump has imposed on goods imported from nearly all US trading partners; 20 per cent on all Chinese imports because of punitive measures Trump has imposed on China, Mexico and Canada associated with his accusation that the three facilitate the flow of the opioid fentanyl into the US; and finally pre-existing 25 per cent levies on imports from China that were put in place during Trump's first term in the White House. Lutnick said the 55 per cent rate for Chinese imports is now fixed and unalterable. Asked on Wednesday on CNBC if the tariff levels on China would not change, he said: "You can definitely say that." Still, many specifics of the deal and details for how it would be implemented remain unclear. Officials from the two superpowers had gathered at a rushed meeting in London starting on Monday following a call last week between Trump and Chinese leader Xi that broke a stand-off that had developed just weeks after a preliminary deal reached in Geneva that had defused their trade row. The Geneva deal had faltered over China's continued curbs on critical minerals exports, prompting the Trump administration to respond with export controls preventing shipments of semiconductor design software, aircraft and other goods to China. Lutnick said the agreement reached in London would remove restrictions on Chinese exports of rare earth minerals and magnets and some of the recent US export restrictions "in a balanced way" but did not provide details after the talks concluded around midnight London time. "We have reached a framework to implement the Geneva consensus and the call between the two presidents," Lutnick said, adding that both sides will now return to present the framework to their respective presidents for approvals. "And if that is approved, we will then implement the framework," he said. In a separate briefing, China's Vice Commerce Minister Li Chenggang also said a trade framework had been reached in principle that would be taken back to US and Chinese leaders.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store