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 (+0.42), TROW: 69.10 (+0.10), JNS: 14.76 (+0.18), AMP: 94.81 (+1.81)
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: 34.25 (+0.50), TROW: 69.10 (+0.10), JNS: 14.76 (+0.18), AMP: 94.81 (+1.81)
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: 368.16 (+1.08), FII: 31.71 (+0.42), TROW: 69.10 (+0.10), AMP: 94.81 (+1.81)
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: 69.10 (+0.10), JNS: 14.76 (+0.18), AMP: 94.81 (+1.81), BEN: 35.64 (+0.57)
SEI Investments (SEIC) Tanks Over 10% on Q2 Earnings Miss
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 8:12AM CDT
SEI Investments' (SEIC) higher expenses, which were partially offset by an increase in revenues, were primarily responsible for this earnings miss.
SEIC: 45.70 (+0.39), BX: 26.66 (+0.71), AMP: 94.81 (+1.81), WDR: 18.64 (+0.64)
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: 69.10 (+0.10), JNS: 14.76 (+0.18), AMP: 94.81 (+1.81), LM: 33.90 (+0.70)
BlackRock's (BLK) Q2 Earnings Miss Marginally, Revenues Down
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 4:31PM CDT
BlackRock's (BLK) lower-than-expected quarterly results were due to a decline in adjusted operating income, thereby leading to a fall in revenues. However, a strong fall in expenses was a positive. Moreover, AUM experienced a year-over-year rise during the quarter.
BX: 26.66 (+0.71), BLK: 368.16 (+1.08), IVZ: 29.02 (+0.75), AMP: 94.81 (+1.81)
Ameriprise Financial Hosts Nationwide Volunteer Event to Help Solve Childhood and Senior Hunger
BusinessWire - Thu Jun 16, 9:01AM CDT
On June 17, more than 4,300 Ameriprise Financial, Inc. (NYSE:AMP) employees, advisors and clients will band together to provide food for people in need. Working at 250 hunger-relief nonprofits across the country, the volunteers will package and prepare meals for those struggling with hunger. Today, 48 million Americans - including 15 million children and 7 million seniors - are food insecure. The events, organized in partnership with Feeding America(R), are part of two nationwide service days, which bring together nearly 15,000 volunteers to address the problem of domestic hunger.
AMP: 94.81 (+1.81)
SmarTrend Watching for Potential Rebound in Shares of Ameriprise Financial After 2.18% Loss
Comtex SmarTrend(R) - Tue Jun 14, 1:56PM CDT
Ameriprise Financial (NYSE:AMP) traded in a range yesterday that spanned from a low of $96.38 to a high of $99.17. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $98.75 on volume of 920,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMP: 94.81 (+1.81)
Columbia Threadneedle Investments Launches Equity Income Smart Beta ETFs
BusinessWire - Mon Jun 13, 8:15AM CDT
Columbia Threadneedle Investments today announced the launch of three equity income smart beta exchange-traded funds (ETFs), the first in a series from the new Columbia Beta Advantage(SM) family of rules-based, factor-driven, smart beta ETFs. Columbia Beta Advantage products are thoughtfully constructed by incorporating Columbia Threadneedle's active investing experience and insight into rules that, in the case of these three ETFs, provide exposure to companies that have certain attributes believed to offer sustainable levels of income, as well as total return opportunity. These funds will track underlying indices calculated by MSCI Inc.
AMP: 94.81 (+1.81)
Tri-Continental Corporation Declares Second Quarter Distribution
BusinessWire - Fri Jun 10, 10:00AM CDT
Tri-Continental Corporation (the "Corporation"
TY: 21.23 (+0.11), AMP: 94.81 (+1.81)
Ameriprise Financial's holdings in Tikkurila fell below 5 percent (Announcement pursuant to the Securities Markets Act, Chapter 9, Section 5)
Globe Newswire - Tue May 31, 4:31AM CDT
Tikkurila Oyj
AMP: 94.81 (+1.81)
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: 16.88 (+0.07), FII: 31.71 (+0.42), TROW: 69.10 (+0.10), AMP: 94.81 (+1.81)
Columbia Threadneedle Investments Named Title Partner of Boston Triathlon
BusinessWire - Thu May 19, 8:18AM CDT
Columbia Threadneedle Investments and the Boston Triathlon today announced that Columbia Threadneedle will be the title partner of Boston's only triathlon. The newly renamed Columbia Threadneedle Boston Triathlon, now in its eighth year, will take place in South Boston on July 31, 2016.
AMP: 94.81 (+1.81)
Look for Shares of Ameriprise Financial to Potentially Pullback after Yesterday's 1.52% Rise
Comtex SmarTrend(R) - Wed May 18, 3:33PM CDT
Ameriprise Financial (NYSE:AMP) traded in a range yesterday that spanned from a low of $94.25 to a high of $97.14. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $96.45 on volume of 525,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AMP: 94.81 (+1.81)
Ameriprise's Columbia Unit to Buy Smart Beta Provider EGA
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:42AM CDT
Columbia Threadneedle Investments, the global asset management group of Ameriprise (AMP), agreed to acquire Emerging Global Advisors, LLC (???EGA???).
SEIC: 45.70 (+0.39), ECC: 16.65 (-0.22), CNS: 42.16 (+0.44), AMP: 94.81 (+1.81)
Columbia Threadneedle Investments to Acquire Emerging Global Advisors
BusinessWire - Wed May 11, 7:30AM CDT
Columbia Threadneedle Investments today announced an agreement for Columbia Management Investment Advisers, LLC to acquire Emerging Global Advisors, LLC (EGA), a New York-based registered investment adviser and a leading provider of smart beta portfolios focused on emerging markets. The acquisition will significantly expand the smart beta capabilities of Columbia Threadneedle Investments. Terms of the EGA acquisition were not disclosed. The transaction is expected to close later this year.
AMP: 94.81 (+1.81)
After Yesterday's Decline of 1.23%, Ameriprise Financial Offers Investors Better Value
Comtex SmarTrend(R) - Thu May 05, 1:40PM CDT
Ameriprise Financial (NYSE:AMP) traded in a range yesterday that spanned from a low of $93.15 to a high of $95.05. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $93.71 on volume of 777,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMP: 94.81 (+1.81)
Watch for Ameriprise Financial to Potentially Rebound After Falling 1.23% Yesterday
Comtex SmarTrend(R) - Thu May 05, 1:38PM CDT
Ameriprise Financial (NYSE:AMP) traded in a range yesterday that spanned from a low of $93.15 to a high of $95.05. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $93.71 on volume of 777,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMP: 94.81 (+1.81)