NEW YORK, Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent as strong net inflows, primarily in its retail business, helped boost assets. Assets under management at Invesco grew by $39.9 billion during the quarter to total $745.5 billion at the end of September, a 12.4 percent increase from a year earlier.
Customers withdrew more money than they added for a variety of reasons among the firms, which include T. Rowe Price Group Inc, Franklin Resources Inc, Janus Capital Group Inc, and at Federated Investors Inc..
Sept 18- Capital Group Cos Chairman James Rothenberg outlined a new effort on Wednesday to promote its American Funds lineup, left sidelined by client withdrawals even as investors edge back to other actively managed equity mutual funds.
WASHINGTON, Sept 6- The U.S. government's effort to prevent US Airways and American Airlines from merging could hurt the carriers' ability to compete on increasingly tough international routes, and that would probably mean fewer options for business travelers.
Check out which companies are making headlines before the bell on Friday:
The Warren Buffetts of the East failed to live up their reputations in 2012, when big-name investment gurus made the wrong calls on China while markets in India and Southeast Asia raced ahead to rank among the top performers globally.
Check out which companies are making headlines after the bell Monday.
Oct 25- Two big asset managers reported quarterly revenue declines on Thursday as investors moved into lower-fee fixed-income funds. Janus Capital Group said its third-quarter revenue had fallen 12 percent to $209 million, mostly because it had added more performance fees for its mutual funds.
NEW YORK, Oct 5- The year-long rally in junk bonds hit a bump in the road this past week, with investors beginning to show concern about high-yield debt valuations, analysts said.
*Jefferies raises Franklin Resources Inc target price to $128 from. *Jefferies raises Janus Capital Group Inc target price to $9 from $8;. *Jefferies cuts Legg Mason Inc target price to $27 from $30; rating.
Check out which companies are making headlines after-the-bell Friday:
Stocks finished mixed Thursday, recovering from a 1 percent decline across the board earlier in the session, but gains were limited as investors remained on edge amid ongoing weakness overseas.
The bulls are headed back to school at Corinthian Colleges.
Janus Capital has been falling sharply, and the bears are looking for even more downside.
The CBOE Volatility Index (VIX), the stock market’s gauge of investors’ fears soared 35% yesterday and closed above 31 to its highest level in more than a year or since July 1, 2010. We are definitely observing some wild times on Wall St amidst new economic worries worldwide. Here is a useful tool to help measure the volatility, and risk, of individual stocks: Beta.
CNBC.com ran a screen of the S&P 500 looking for stocks with dividend yields greater than 2.5 percent, positive EPS and Revenue figures in the last two consecutive quarters, and are trading the farthest below their 50-day moving averages.
Find out which of the worst performing stocks in the S&P the “Mad Money” host thinks are worth owning.
Which company has executive pay so high it's 50 percent of operating earnings? A recent report puts into perspective how much executives are paid compared to earnings, R&D — and the GDP of some nations.
The Dow and S&P 500 have closed in negative territory for six consecutive weeks, posting a loss of about 5.7 percent, while the S&P has dropped 5.5 percent. Could investors benefit from the recent pullback in the market?
From the entire S&P 500, which stocks are analysts expecting to have the biggest pops? Find out!