Waddell & Reed Presenting at Morgan Stanley Financials Conference
BusinessWire - Tue Jun 07, 5:45AM CDT
Waddell & Reed Financial, Inc. (NYSE: WDR) CEO Henry J. Herrmann, CIO and incoming CEO Philip J. Sanders, and CFO Brent K. Bloss will jointly present at the Morgan Stanley Financials Conference on Tuesday, June 14, 2016, at approximately 3:40 p.m. Eastern. Investors can access the presentation on our Web site at www.waddell.com under the Investor Relations tab. A live Web cast will be available on our Web site and a replay option will be available shortly after the live presentation.
WDR: 19.32 (-0.85)
Waddell & Reed Financial, Inc. CEO Henry J. Herrmann to Retire
BusinessWire - Mon May 23, 3:30PM CDT
Waddell & Reed Financial, Inc. (NYSE: WDR) announced today that the company's Chairman of the Board and Chief Executive Officer, Henry J. Herrmann, 73, will retire as Chief Executive Officer effective August 1, 2016. Herrmann, who has served as CEO since 2005 and Chairman since 2010, will remain as non-executive Chairman of the Board. Herrmann's career in the financial services industry spans 50 years, including 45 years with Waddell & Reed.
WDR: 19.32 (-0.85)
Waddell & Reed, Inc. adds Industry Veteran Mark Schlafly to Help Lead Strategy, Growth of Broker/Dealer
BusinessWire - Tue May 03, 5:45AM CDT
As it continues to reinforce its growth and evolution, Waddell & Reed, Inc., a subsidiary of Waddell & Reed Financial, Inc. (NYSE: WDR), has added a 30-year veteran to help lead the effort. Mark J. Schlafly has joined Waddell & Reed, Inc. as Executive Vice President, with primary responsibility for financial advisor acquisition strategy, leadership development, sales growth and sales support.
WDR: 19.32 (-0.85)
Waddell & Reed (WDR) Earnings: Stock Falls 8% on Outflows
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 7:55AM CDT
Waddell & Reed (WDR) first-quarter 2016 earnings of 45 cents per share came in 44% below the prior-year figure.
BX: 26.07 (-0.43), AMG: 159.68 (-6.83), BLK: 346.97 (-10.99), WDR: 19.32 (-0.85)
Waddell & Reed Financial Set to Possibly Rebound After Yesterday's Selloff of 8.93%
Comtex SmarTrend(R) - Tue Apr 26, 3:01PM CDT
Waddell & Reed Financial (NYSE:WDR) traded in a range yesterday that spanned from a low of $20.59 to a high of $22.33. Yesterday, the shares fell 8.9%, which took the trading range below the 3-day low of $22.71 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WDR: 19.32 (-0.85)
Waddell & Reed beats 1Q profit forecasts
Automated Insights - Tue Apr 26, 7:11AM CDT
OVERLAND PARK, Kan. (AP) _ Waddell & Reed Financial Inc. (WDR) on Tuesday reported first-quarter profit of $37 million.
WDR: 19.32 (-0.85)
Waddell & Reed Financial, Inc. Reports First Quarter Results
BusinessWire - Tue Apr 26, 5:45AM CDT
Waddell & Reed Financial, Inc. (NYSE: WDR) today reported first quarter 2016 net income(1) of $37.0 million, or $0.45 per diluted share, compared to net income of $62.9 million, or $0.76 per diluted share, during the prior quarter and net income of $67.1 million, or $0.80 per diluted share, during the first quarter of 2015. The current quarter's net income included investment losses of $10.2 million, compared to investment gains of $7.6 million during the fourth quarter of 2015 and investment gains of $4.0 million during the first quarter of 2015. Operating income of $71.4 million declined 22% compared to the prior quarter and 32% compared to the first quarter last year. A lower level of assets under management is the primary driver for the decline in operating income.
WDR: 19.32 (-0.85)
Ameriprise (AMP) Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 1:45PM CDT
Will Ameriprise be able to maintain its earnings streak? Let's check what our quantitative model predicts.
AMG: 159.68 (-6.83), FII: 30.86 (-0.60), AMP: 99.55 (-1.12), WDR: 19.32 (-0.85)
What's in Store for State Street (STT) this Earnings Season?
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 7:16AM CDT
Will State Street be able to maintain its earnings streak? Let's check what our quantitative model predicts.
STT: 59.18 (-1.11), AMG: 159.68 (-6.83), FII: 30.86 (-0.60), WDR: 19.32 (-0.85)
What's in Store for T. Rowe Price (TROW) in Q1 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 5:57AM CDT
T. Rowe Price Group, Inc. (TROW) is scheduled to report first-quarter 2016 results, before the opening bell on Apr 26.
AMG: 159.68 (-6.83), FII: 30.86 (-0.60), TROW: 72.83 (-1.54), WDR: 19.32 (-0.85)
Blackstone (BX) Q1 Earnings & Revenues Miss Expectation
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 7:36AM CDT
Blackstone (BX) reported first-quarter 2016 economic net income (ENI) of 31 cents per share, which lagged the Zacks Consensus Estimate of 44 cents.
CG: 15.79 (-0.25), APO: 16.10 (-0.14), BX: 26.07 (-0.43), WDR: 19.32 (-0.85)
SEI Investments (SEIC) Stock Up 5.3% on Q1 Earnings Beat
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 7:30AM CDT
Shares of SEI Investments surged 5.3% following the release of its first-quarter 2016 results. Adjusted earnings of 46 cents outpaced the Zacks Consensus Estimate of 44 cents.
SEIC: 49.73 (-1.48), IVZ: 28.42 (-0.65), AMP: 99.55 (-1.12), WDR: 19.32 (-0.85)
Ivy NextShares(TM) to Launch Late Summer 2016
BusinessWire - Wed Apr 20, 5:45AM CDT
Ivy NextShares, managed by Ivy Investment Management Company, a subsidiary of Waddell & Reed Financial, Inc., has filed a registration statement with the Securities & Exchange Commission to register three Ivy NextShares exchange-traded managed funds (NextShares). Ivy becomes the first fund sponsor to submit a filing to register NextShares since the first NextShares funds were launched by Eaton Vance Management, which obtained the initial exemptive order for NextShares, earlier this year.
EV: 35.37 (-1.02), WDR: 19.32 (-0.85)
Waddell & Reed Financial, Inc. Provides Notice of Conference Call
BusinessWire - Tue Apr 19, 5:45AM CDT
Waddell & Reed Financial, Inc. (NYSE: WDR) is expected to announce first quarter financial and operational results before the market opens on Tuesday, April 26, 2016 and host a conference call at 10:00 a.m. Eastern to discuss the quarterly results and answer investors' questions.
WDR: 19.32 (-0.85)
SmarTrend Watching for Potential Pullback in Shares of Waddell & Reed Financial After 6.36% Gain
Comtex SmarTrend(R) - Wed Apr 06, 3:26PM CDT
Waddell & Reed Financial (NYSE:WDR) traded in a range yesterday that spanned from a low of $22.78 to a high of $24.27. Yesterday, the shares gained 6.4%, which took the trading range above the 3-day high of $23.81 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WDR: 19.32 (-0.85)
Waddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of First Quarter Earnings Release
BusinessWire - Mon Mar 28, 3:15PM CDT
The Board of Directors of Waddell & Reed Financial, Inc. (NYSE: WDR) approved a quarterly dividend on its Class A common stock of $0.46 per share payable on May 2, 2016 to stockholders of record as of April 18, 2016.
WDR: 19.32 (-0.85)
Waddell & Reed Financial Set to Possibly Rebound After Yesterday's Selloff of 5.20%
Comtex SmarTrend(R) - Mon Mar 21, 2:08PM CDT
Waddell & Reed Financial (NYSE:WDR) traded in a range yesterday that spanned from a low of $23.30 to a high of $24.93. Yesterday, the shares fell 5.2%, which took the trading range below the 3-day low of $24.26 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WDR: 19.32 (-0.85)
Technical Coverage on Asset Management Stocks -- Fortress Investment Group, Och-Ziff Capital Management Group, Ameriprise Financial, and Waddell & Reed Financial
ACCESSWIRE - Tue Feb 09, 7:03AM CST
NEW YORK, NY / ACCESSWIRE / February 9, 2016 / Park Lane Advisor has initiated coverage on the following equities: Fortress Investment Group LLC (NYSE: FIG), Och-Ziff Capital Management Group LLC (NYSE: OZM), Ameriprise Financial Inc. (NYSE: AMP), and Waddell & Reed Financial Inc. (NYSE: WDR). Free note on Fortress Investment Group can be accessed at http://www.parklaneadvisor.com/ On Monday, February 08, 2016, the NASDAQ Composite ended at 4,283.75, down 1.82%, the Dow Jones Industrial Average declined 1.10%, to finish the day at 16,027.05, and the S&P 500 closed at 1,853.44, down 1.42%. Register for your complimentary reports at the links given below.
FIG: 4.80 (-0.13), AMP: 99.55 (-1.12), OZM: 3.95 (-0.04), WDR: 19.32 (-0.85)
Zamansky LLC Investigates The Ivy Asset Strategy and Waddell & Reed Asset Strategy Funds For Potential Breaches of Fiduciary Duties to Shareholders
BusinessWire - Fri Feb 05, 5:57PM CST
Zamansky LLC announces that it is investigating the Ivy Asset Strategy Fund and the Waddell and Reed Asset Strategy Fund for potential breaches of fiduciary duties to shareholders. The Ivy Asset Strategy Fund and the Waddell & Reed Asset Strategy Fund are total return mutual funds that are registered under the Investment Company Act of 1940. Both funds are managed by subsidiaries of Waddell & Reed Financial Inc. (NYSE:WDR), a public company with over $71 billion under management. The Funds trade under these symbols - Ivy Asset Strategy: WASAX, WASBX and WASCX; and Waddell & Reed Asset Strategy Fund: UNASX, WCASX and WBASX.
WDR: 19.32 (-0.85)
Why Waddell & Reed Hit 52-Week Low on In-line Q4 Earnings
Zacks Equity Research - Zacks Investment Research - Wed Feb 03, 11:20AM CST
Shares of Waddell & Reed tumbled more than 14% and touched a 52-week low, following the release of fourth-quarter 2015 results before the market opened.
AMG: 159.68 (-6.83), BLK: 346.97 (-10.99), JNS: 14.50 (-0.47), WDR: 19.32 (-0.85)