Federated Investors (FII): High Revenues Drove Q2 Earnings
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 2:02PM CDT
Propelled by lower fee-waivers, Federated Investors, Inc. (FII) delivered a positive earnings surprise in second-quarter 2016, marking the fifth straight quarter of an earnings beat.
FII: 31.71 (+0.14), TROW: 69.84 (-0.85), JNS: 14.93 (-0.17), AMP: 94.83 (-1.01)
Lazard (LAZ) Q2 Earnings Impress on Low Costs, Shares Up
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:37AM CDT
Lazard Ltd. (LAZ) reported a positive surprise of 1.7% in second-quarter 2016 which led to a rise of 3.26% in its share price.
LAZ: 35.16 (-0.58), TROW: 69.84 (-0.85), JNS: 14.93 (-0.17), AMP: 94.83 (-1.01)
Asset Management Stocks Under Investors' Scanner -- T. Rowe Price Group, Ameriprise Financial, Federated Investors, and BlackRock
PR Newswire - Fri Jul 29, 6:50AM CDT
Growth in the Asset Management industry has stalled, as operators continue to address overcapacity issues and high operating costs. Stock-Callers.com looks at how these equities have performed in recent weeks despite these challenges: T. Rowe Price Group Inc. (NASDAQ: TROW), Ameriprise Financial Inc. (NYSE: AMP), Federated Investors Inc. (NYSE: FII), and BlackRock Inc. (NYSE: BLK). Learn more about these stocks by accessing their free notes at:
BLK: 368.32 (+2.07), FII: 31.71 (+0.14), TROW: 69.84 (-0.85), AMP: 94.83 (-1.01)
Franklin (BEN) Reports Impressive Q3 Earnings, Costs Down
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 1:54PM CDT
Franklin Resources Inc. (BEN) recorded a positive earnings surprise of 16.7% in third-quarter fiscal 2016 (ended Jun 30), driven by lower expenses. The company reported earnings of 77 cents per share, surpassing the Zacks Consensus Estimate of 66 cents.
TROW: 69.84 (-0.85), JNS: 14.93 (-0.17), AMP: 94.83 (-1.01), BEN: 36.03 (-0.16)
Legg Mason (LM) Q1 Earnings Miss Estimates on High Costs
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 6:51AM CDT
Legg Mason Inc. (LM) reported negative earnings surprise of 57.5% in the first quarter of fiscal 2017 (ended Jun 30). The company reported net income of 31 cents per share considerably missing the Zacks Consensus Estimate of 73 cents.
TROW: 69.84 (-0.85), JNS: 14.93 (-0.17), AMP: 94.83 (-1.01), LM: 33.88 (-0.26)
Janus Capital (JNS) Stock Up Despite Earnings Miss in Q2
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 2:05PM CDT
Janus Capital Group, Inc. (JNS) recorded a negative earnings surprise of 4.55% in second-quarter 2016. The company reported earnings per share attributable to common shareholders of 21 cents, missing the Zacks Consensus Estimate by a penny.
TROW: 69.84 (-0.85), IVZ: 29.04 (-0.14), JNS: 14.93 (-0.17), BEN: 36.03 (-0.16)
Investment Managers Earnings on Jul 28: IVZ, BEN, PFG, FII
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 7:30AM CDT
The performance of investment managers (part of the broader Finance sector) recorded over the last couple of years seems to have reversed with most of them missing estimates on lower revenues in second quarter reported till date.
BLK: 368.32 (+2.07), FII: 31.71 (+0.14), TROW: 69.84 (-0.85), PFG: 46.23 (-0.40), IVZ: 29.04 (-0.14), JNS: 14.93 (-0.17), BEN: 36.03 (-0.16)
Ameriprise's (AMP) Q2 Earnings and Revenues Miss Estimates
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 7:22AM CDT
Ameriprise Financial Inc. (AMP) reported second-quarter 2016 operating earnings per share of $2.23, missing the Zacks Consensus Estimate of $2.27. The figure also represents a year-over-year decrease of 4.5%.
BX: 26.47 (-0.37), BLK: 368.32 (+2.07), TROW: 69.84 (-0.85), AMP: 94.83 (-1.01)
T Rowe Price Falls 3.49% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jul 26, 1:12PM CDT
T Rowe Price (NASDAQ:TROW) traded in a range yesterday that spanned from a low of $70.58 to a high of $72.23. Yesterday, the shares fell 3.5%, which took the trading range below the 3-day low of $73.30 on volume of 2.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TROW: 69.84 (-0.85)
SmarTrend Watching for Potential Rebound in Shares of T Rowe Price After 3.49% Loss
Comtex SmarTrend(R) - Tue Jul 26, 1:10PM CDT
T Rowe Price (NASDAQ:TROW) traded in a range yesterday that spanned from a low of $70.58 to a high of $72.23. Yesterday, the shares fell 3.5%, which took the trading range below the 3-day low of $73.30 on volume of 2.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TROW: 69.84 (-0.85)
T. Rowe Price (TROW) Q2 Earnings Disappoint; Costs Rise
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 10:11AM CDT
T. Rowe Price Group, Inc. (TROW) reported second-quarter 2016 net income of 76 cents per share, missing the Zacks Consensus Estimate of $1.13. Moreover, the reported figure decreased from the year-ago earnings of $1.24.
TROW: 69.84 (-0.85), IVZ: 29.04 (-0.14), LM: 33.88 (-0.26), BEN: 36.03 (-0.16)
T. Rowe Price (TROW) Q2 Earnings Miss; Higher Expenses
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 7:22AM CDT
T. Rowe Price came out with earnings per share of 76 cents, missing the Zacks Consensus Estimate of $1.13. Results included non-recurring operating charge associated with the compensation to certain clients in relation to the Dell appraisal rights matter.
TROW: 69.84 (-0.85)
T. Rowe Price Group Reports Second Quarter 2016 Results
PR Newswire - Tue Jul 26, 6:30AM CDT
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its second quarter of 2016 results, including net revenues of $1.0 billion, net income of $195.3 million, and diluted earnings per common share of $.76. As previously disclosed, the second quarter of 2016 results include a nonrecurring operating charge of $166.2 million related to the firm's decision to compensate certain clients in regard to the Dell appraisal rights matter. This nonrecurring charge reduced net income in the second quarter of 2016 by $100.7 million, or $.39 in diluted earnings per common share.
TROW: 69.84 (-0.85)
Zacks Research Daily for June 13, 2016
Sheraz Mian - Zacks Investment Research - Mon Jun 13, 1:26PM CDT
Zacks Research Daily for June 13, 2016
FIT: 13.69 (+0.03), TROW: 69.84 (-0.85), BAC: 14.33 (-0.16), INTC: 34.85 (-0.01), JNPR: 22.60 (-0.09)
T. Rowe Price to Cough Up $194M for the Dell Voting Error
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:14AM CDT
T. Rowe Price Group, Inc. (TROW), one of the biggest mutual-fund companies in the U.S., has arrived at an arrangement per which it will spend about $194 million to recompense certain clients.
APAM: 27.82 (-0.14), SEIC: 45.37 (+0.37), TROW: 69.84 (-0.85), GBL: 34.78 (+0.64)
T. Rowe Price To Compensate Clients For Dell Voting Error
PR Newswire - Mon Jun 06, 1:12PM CDT
NEWS
TROW: 69.84 (-0.85)
4 Best T. Rowe Mutual Funds to Buy on Impressive Performance
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:15AM CDT
T. Rowe's asset under management grew and cash inflows strengthened in 1Q16, banking on the stellar performance of its mutual funds
TROW: 69.84 (-0.85)
AWS Morning Technical Breakdown Highlights: Ameriprise Financial, T. Rowe Price, Federated Investors, and Carlyle
ACCESSWIRE - Mon May 23, 8:16AM CDT
LONDON, UK / ACCESSWIRE / May 23, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Ameriprise Financial, T. Rowe Price, Federated Investors, and Carlyle.
CG: 17.07 (-0.21), FII: 31.71 (+0.14), TROW: 69.84 (-0.85), AMP: 94.83 (-1.01)
SmarTrend Watching for Potential Pullback in Shares of T Rowe Price After 1.42% Gain
Comtex SmarTrend(R) - Fri May 20, 2:21PM CDT
T Rowe Price (NASDAQ:TROW) traded in a range yesterday that spanned from a low of $74.06 to a high of $75.05. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $74.81 on volume of 533,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TROW: 69.84 (-0.85)
Watch for T Rowe Price to Potentially Pullback After Gaining 1.42% Yesterday
Comtex SmarTrend(R) - Fri May 20, 2:20PM CDT
T Rowe Price (NASDAQ:TROW) traded in a range yesterday that spanned from a low of $74.06 to a high of $75.05. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $74.81 on volume of 533,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TROW: 69.84 (-0.85)