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	<title>Stock Blog Hub &#187; EV</title>
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		<title>(EV) Eaton Vance&#8217;s Earnings Report Meets View</title>
		<link>http://www.stockbloghub.com/2010/02/28/ev-eaton-vances-earnings-report-meets-view/29171</link>
		<comments>http://www.stockbloghub.com/2010/02/28/ev-eaton-vances-earnings-report-meets-view/29171#comments</comments>
		<pubDate>Mon, 01 Mar 2010 03:47:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Eaton Vance Corporation]]></category>
		<category><![CDATA[EV]]></category>

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		<description><![CDATA[Asset manager Eaton Vance Corp.’s (EV) fiscal 2010 first-quarter earnings surged to $46.2 million from $24.7 million in the year-ago quarter, primarily driven by higher fees on its funds amid an ongoing recovery in capital markets. Excluding special items, earnings per share came in at 36 cents, matching the Zacks Consensus Estimate. The company now has either topped or met the Zacks Consensus Estimate in each of the last 4 quarters with an average positive surprise of 11.5%, or 4 cents. Boston-based Eaton Vance provides investment management and counseling services to high-net-worth individuals and institutions. The company offers a range of products and services designed and managed to generate risk-adjusted returns over the long term. The asset manager operates through 4 affiliates ? Eaton Vance Management, Boston Management and Research, ]]></description>
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		<title>(EV) Eaton Vance Matches Expectations &#8211; sluggish fee income amid weak fund inflows</title>
		<link>http://www.stockbloghub.com/2009/08/20/ev-eaton-vance-matches-expectations-sluggish-fee-income-amid-weak-fund-inflows/12988</link>
		<comments>http://www.stockbloghub.com/2009/08/20/ev-eaton-vance-matches-expectations-sluggish-fee-income-amid-weak-fund-inflows/12988#comments</comments>
		<pubDate>Fri, 21 Aug 2009 03:55:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AB]]></category>
		<category><![CDATA[AllianceBernstein Holding L.P.]]></category>
		<category><![CDATA[Eaton Vance Corp.]]></category>
		<category><![CDATA[EV]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

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		<description><![CDATA[Asset manager Eaton Vance Corp. (EV) reported fiscal third-quarter net income of $31.2 million, a decline of 37% year-over-year as performance was affected by sluggish fee income amid weak fund inflows. Excluding a charge associated with an IPO, earnings per share came in at 28 cents, matching the Zacks Consensus Estimate. The company stated that quarterly revenue slumped 19% year over year to $228.4 million as investment advisory and administration fees declined 17% to $175.2 million. Distribution and service fees also fell 31% and 26% to $21.7 million and $29.9 million respectively. The slump in fees was caused by a decline in assets under management (AUM) to $143.7 billion, compared to $155.8 billion in the year-ago quarter as clients adopted a cautious approach towards closed-end funds. Eaton’s AUM was particularly ]]></description>
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