All Posts Tagged With: "IVZ"
(LM) Legg Mason’s December Assets Under Management Perks Up
Baltimore-based Legg Mason Inc. (LM) experienced a rise in its assets under management (AUM) in December on a sequential basis. This was preceded by a decline in November and a rise in October AUM. Preliminary month-end AUM came in at $627.0 billion, up 1.0% from $620.6 billion...
13Jan2012 | vitalstocks | 0 comments | Continued(LM) Legg Mason’s August AUM Plunges Assets Under Management
Baltimore-based Legg Mason Inc. (LM) experienced a decline in its assets under management (AUM) in August on a sequential basis. This was preceded by a drop in both July and June. Preliminary month-end AUM came in at $643.4 billion, down 1.8% from $655.4 billion at the end of...
19Sep2011 | vitalstocks | 0 comments | Continued(BEN) Franklin Resources Analyst Downgrades Shares to Neutral
We have downgraded our recommendation on Franklin Resources Inc. (BEN) to Neutral from Outperform apprehending costly regulatory issues in a volatile economic environment. However, Franklin’s second-quarter 2011 earnings of $2.25 per share outpaced the Zacks Consensus Estimate...
7Jul2011 | vitalstocks | 0 comments | Continued(IVR) Invesco Mortgage Capital Announced Stock Offering
Yesterday, Invesco Mortgage Capital Inc. (IVR) announced its plan to offer 15 million shares of its common stock. Underwriters will be permitted a 30-day option to purchase up to an added 2.25 million shares to cover over-allotments. Credit Suisse Securities (USA) LLC, a subsidiary...
22Jun2011 | vitalstocks | 0 comments | Continued(LM) Legg Mason Assets Under Management Rises Marginally
Baltimore-based Legg Mason Inc. (LM) experienced a slight increase in its assets under management (AUM) in March on a sequential basis. This was preceded by a modest rise in February and stable AUM in Janaury. Preliminary month-end AUM came in at $677.6 billion, up 0.7% from...
13Apr2011 | vitalstocks | 0 comments | Continued(BX) Money Management Stocks Gaining Momentum – Investment Ideas
The big stock market rally of the last two years has been driven by massive capital inflows into equities. But a good portion of that volume has come on the back of large institutional players like hedge fund and pension managers that control big blocks of cash. But now, with...
1Apr2011 | vitalstocks | 0 comments | Continued(IVZ) Invesco Limited Misses Consensus Estimates – Profit Swells
Invesco Limited’s (IVZ) fourth-quarter earnings came in at 25 cents per share, 3 cents short of the Zacks Consensus Estimate of 28 cents. However, this compares favorably with the earnings of 8 cents in the prior-year quarter. We noticed modest improvement of analysts’ sentiment...
30Jan2010 | vitalstocks | 0 comments | Continued(IVR) Invesco Mortgage Capital Will Offer 7 Million Shares
Invesco Mortgage Capital Inc. (IVR) said on Wednesday that it intends to commence a public offering of 7 million shares of its common stock. Invesco Mortgage will grant the underwriters a 30-day option to purchase up to 1.05 million additional shares to cover over-allotments. The...
7Jan2010 | vitalstocks | 0 comments | Continued(IVZ) Two More Join Toxic Asset Program
The U.S. Treasury Department announced on Tuesday that two more large investment companies have fulfilled the necessary requirements and are ready to join the federal government’s toxic assets purchase program. The federal government initiated buying toxic assets from banks...
4Nov2009 | vitalstocks | 0 comments | Continued(IVZ) Invesco Limited Surpasses Estimates by a Penny
Invesco Limited’s (IVZ) third quarter earnings came in at 24 cents per share, a penny ahead of the Zacks Consensus Estimate. However, this compares unfavorably with 33 cents in the prior-year quarter. The year-over-year decrease in earnings was due primarily to a 14.7% decline...
22Oct2009 | vitalstocks | 0 comments | Continued