Alliance Capital Management LP (AB) 22.08 $AB A
Post# of 273249
AB Announces Definitive Agreement To Acquire Ramius Alternative Solutions LLC ("RASL"
PR Newswire - Wed Aug 31, 3:22PM CDT
AllianceBernstein L.P. ("AB", a leading global investment firm with $492 billion in assets under management, announced today that it has entered into a definitive agreement to acquire RASL, which is jointly owned by Ramius LLC (the investment division of Cowen Group, Inc. [NASDAQ: COWN]) and the two principals of RASL, Stuart Davies and Vikas Kapoor. With more than $3 billion in assets under management as of July 1, 2016, RASL offers a range of customized alternative investment and advisory solutions to a global institutional client base. These solutions provide access to return sources that can complement an investor's existing alternative strategy, and offer the benefits of improved liquidity, reduced cost and greater transparency to overall portfolio construction. The acquisition adds new investment capabilities in factor-based and Alternative Risk Premia solutions to AB and expands the firm's offerings in the multi-asset and alternatives investment space. Stuart Davies and Vikas Kapoor will join AB, along with investment and support team members of RASL.
COWN: 3.54 (-0.10), AB: 22.08 (+0.07)
New Strong Sell Stocks for August 18th
Zacks Equity Research - Zacks Investment Research - Thu Aug 18, 9:20AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
AB: 22.08 (+0.07), AEL: 17.63 (-0.22), ALV: 106.74 (+0.97), TBBK: 6.09 (-0.10), AGFS: 5.93 (+0.01)
AB Announces July 31, 2016 Assets Under Management
PR Newswire - Tue Aug 09, 3:04PM CDT
AllianceBernstein L.P. ("AB" and AllianceBernstein Holding L.P. ("AB Holding" (NYSE: AB) today announced that preliminary assets under management increased to $492 billion during July 2016 from $490 billion at the end of June. The 0.4% increase resulted entirely from market appreciation, which offset net outflows from all three client channels. As previously announced, July month-end AUM reflects $6.7 billion in outflows -- $6.3 billion from Retail and $400 million from Private Wealth Management -- that resulted from the conclusion of our 529 CollegeBound Fund relationship with the state of Rhode Island. In addition, we experienced $1.1 billion in Institutional outflows from our relationship with AIG, consistent with AIG's plan to significantly reduce its hedge fund exposure and begin managing its remaining alternative assets in-house. As reported on our second quarter earnings call, we expect these redemptions to total approximately $7 billion and to be completed by the end of the third quarter.
AB: 22.08 (+0.07)
AB Science announces that Masitinib receives from European Medicines Agency (EMA) Orphan Drug Designation in the European Union for Amyotrophic Lateral Sclerosis (ALS)
GlobeNewswire - Mon Aug 08, 10:50AM CDT
AB Science SA (NYSE Euronext - FR0010557264 - AB), a pharmaceutical company specialized in the research, development and marketing of protein kinase inhibitors (PKIs), announces today that the European Medicines Agency (EMA) Committee for Orphan Medicinal Products (COMP) granted orphan drug status to Masitinib product for the treatment of Amyotrophic Lateral Sclerosis (ALS), also known as Lou Gehrig's disease.
AB: 22.08 (+0.07)
AllianceBernstein Holding L.P. Announces Second Quarter Results
PR Newswire - Thu Jul 28, 5:45AM CDT
AllianceBernstein L.P. ("AB" and AllianceBernstein Holding L.P. ("AB Holding" (NYSE: AB) today reported financial and operating results for the quarter ended June 30, 2016.
AB: 22.08 (+0.07)
AB Statement On Visium Transaction
PR Newswire - Wed Jul 27, 5:33PM CDT
AllianceBernstein L.P. ("AB", a leading global investment firm with $489.5 billion in assets under management as of June 30th, 2016, issued the following statement:
AB: 22.08 (+0.07)
AB Announces Agreement In Principle To Assume Management Of Visium Global Fund
PR Newswire - Fri Jun 17, 3:56PM CDT
AllianceBernstein L.P. ("AB", a leading global investment firm with $487 billion in assets under management, announced today that it has signed a letter of intent under which AB would assume management of Visium Asset Management's Global Fund, a multisector long/short equity hedge fund. As part of the transaction, the Visium Global Fund's investment team and certain support staff would join AB.
AB: 22.08 (+0.07)
AB Announces May 31, 2016 Assets Under Management
PR Newswire - Thu Jun 09, 3:24PM CDT
AllianceBernstein L.P. ("AB" and AllianceBernstein Holding L.P. ("AB Holding" (NYSE: AB) today announced that preliminary assets under management increased to $487 billion during May 2016 from $483 billion at the end of April. Firmwide net inflows largely drove the 0.8% increase, though market appreciation contributed as well. The Institutions channel represented the largest share of total net inflows, followed by Retail and Private Wealth Management.
AB: 22.08 (+0.07)
AB Science will hold an Investor & Analyst conference on masitinib in Amyotrophic Lateral Sclerosis (ALS) in New York, USA, on June 13, 2016
GlobeNewswire - Wed Jun 08, 10:54AM CDT
Following recommendation by the European Medicines Agency (EMA) to file masitinib for conditional marketing authorization in Amyotrophic Lateral Sclerosis (ALS), AB Science is holding an Investor & Analyst conference in New York on June 13, 2016
AB: 22.08 (+0.07)
AB Science announces that Rapporteurs appointed by the EMA have recommended the filing of masitinib in ALS for conditional marketing authorization
GlobeNewswire - Mon Jun 06, 12:52AM CDT
AB Science SA (NYSE Euronext - FR0010557264 - AB), a pharmaceutical company specialized in the research, development and marketing of protein kinase inhibitors (PKIs), announced today that Rapporteurs appointed by the European Medicines Agency (EMA) have recommended the filing of masitinib in combination with riluzole in the treatment of adult patients with amyotrophic lateral sclerosis (ALS) for conditional marketing authorization.
AB: 22.08 (+0.07)
AB Science Will Present Phase 3 Data in Severe Systemic Mastocytosis at the International 21st Congress of the European Hematology Association
GlobeNewswire - Mon May 30, 12:57AM CDT
AB Science SA (NYSE Euronext - FR0010557264 - AB), a pharmaceutical company specializing in the research, development and commercialization of protein kinase inhibitors (PKIs), today announced that results from its phase 3 trial in severe systemic mastocytosis will be presented as an oral presentation at the 21 Congress of the European Hematology Association (June 9 - 12, 2016, Copenhagen, Denmark).
AB: 22.08 (+0.07)
Lazard (LAZ) Hit by Economic Headwinds: Time to Sell?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:19AM CDT
We have issued an updated research report on Lazard Ltd. (LAZ) on May 23. Shares of this asset manager recorded a year-to-date negative return of 20.4%.
AB: 22.08 (+0.07), LAZ: 36.73 (-0.60), AMG: 141.81 (+1.36), GBL: 30.72 (-0.07)
Affiliated Managers (AMG) is a Must-Add Now: Here's Why
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:17AM CDT
From recording 6-year (2010--2015) CAGR of 13.8% in assets under management to holding an almost unbeaten track record of buying equity interests in asset management companies with strong performance-oriented products, Affiliated Managers Group Inc. (AMG), has been firing on all cylinders of late.
APAM: 26.47 (+0.45), AB: 22.08 (+0.07), AMG: 141.81 (+1.36), GBL: 30.72 (-0.07)
Eaton Vance (EV) Q2 Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:31AM CDT
Will Eaton Vance (EV) disappoint yet again? Or will it surpass earnings estimates this quarter? Let's see how things have shaped up for this announcement.
AB: 22.08 (+0.07), AMG: 141.81 (+1.36), WAL: 37.20 (-1.14), EV: 39.76 (-0.37)
AB Announces April 30, 2016 Assets Under Management
PR Newswire - Tue May 10, 3:04PM CDT
AllianceBernstein L.P. ("AB" and AllianceBernstein Holding L.P. ("AB Holding" (NYSE: AB) today announced that preliminary assets under management increased to $483 billion during April 2016 from $479 billion at the end of March. The 0.8% increase resulted from market appreciation, including the positive impact of foreign currency moves against the dollar, partially offset by firmwide net outflows. By channel, net flows were positive in Retail and negative in Institutions and Private Wealth Management.
AB: 22.08 (+0.07)
AllianceBernstein Has Returned 19.1% Since SmarTrend Recommendation (AB)
Comtex SmarTrend(R) - Wed May 04, 12:50AM CDT
SmarTrend identified an Uptrend for AllianceBernstein (NYSE:AB) on February 25th, 2016 at $19.23. In approximately 2 months, AllianceBernstein has returned 19.12% as of today's recent price of $22.90.
AB: 22.08 (+0.07)
AB Science has submitted to EMA the marketing authorization application for Masitinib in the Treatment of Severe Systemic Mastocytosis
GlobeNewswire - Mon May 02, 12:53AM CDT
AB Science SA (NYSE Euronext - FR0010557264 - AB), a pharmaceutical company specializing in the research, development and commercialization of protein kinase inhibitors (PKIs), announces the filing for registration to European Medicines Agency (EMA) for masitinib in the treatment of adult patient with severe systemic mastocytosisunresponsive to optimal symptomatic treatment, with date of review process starting on 26 April 2016. Masitinib is the first treatment to be evaluated in this indication. Top-line results from this phase 3 were previously announced on 30 November 2015.
AB: 22.08 (+0.07)
Choice Hotels International Signs Master Development Agreement To Enter Middle East
PR Newswire - Thu Apr 28, 8:26AM CDT
Choice Hotels International, Inc., one of the largest hotel companies in the world, announced today the signing of a master development agreement with Equinox Ventures Ltd, a joint venture between Equinox Group Ltd. and Al Tayyar Travel Group, to introduce and develop three of Choice's most prominent brands: Clarion, Comfort and Quality across the UAE and Saudi Arabia. This announcement, its fifth EMEA market portfolio expansion in the past six months, is part of Choice's strategy to continue to expand its brand internationally.
AB: 22.08 (+0.07), CHH: 48.21 (+0.12)
AllianceBernstein posts 1Q profit
Automated Insights - Thu Apr 28, 7:54AM CDT
NEW YORK (AP) _ AllianceBernstein Holding LP (AB) on Thursday reported first-quarter profit of $55.7 million.
AB: 22.08 (+0.07)