Asset Management & Custody Banks

Bank of America reiterated its Underperform rating on Janus Capital (NYSE: JNS). At the same time, the rating agency reduced its price target on the company's stock from $11 to $9. On Monday, JNS lost 0.55% of its value to finish the day at $9.06.

Bank of America has lowered the price objective on Janus Capital Group (NYSE: JNS) from $11 to $9 and maintains its Underperform rating.

Below are the top asset management stocks on the NYSE and the NASDAQ in terms of cash. Bank of New York Mellon Corp (NYSE: BK) had $114.68 billion in total cash and $39.29 billion in total debt for the latest quarter. Franklin Resources Inc (NYSE: BEN) had $6.43 billion in total cash and $2.16...

Point Roberts WA - July 25, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks in the electric car and battery sector for July 25th. Walgreens (NYSE: WAG) (NASDAQ: WAG) made news last...

Shares of T. Rowe Price Group (NASDAQ: TROW) are lower on the session by 0.51%, currently trading at $60.01. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short...

Morgan Stanley made a number of updates in a research report published today. Bank of New York Mellon Corp (NYSE: BK) had its rating reiterated at Equal-weight. At the same time, its price target was left unchanged at $30. On Friday, BK lost 0.43% of its value to end the week at $25.76. Northern...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

Ameriprise Financial (NYSE: AMP) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Analysts are predicting an EPS reading of $1.34 per share and...

According to Keefe, Bruyette & Woods, Janus Capital (NYSE: JNS), PT and EPS estimates have been decreased. KBW reported a new PT of $10, maintaining the Market Perform rating. EPS estimates for 2012 have been decreased to $0.82, down from $0.90. Janus Capital closed yesterday at $9.22.

According to Jefferies, Blackstone Group (NYSE: BX) price target is $22. Jefferies said that unrealized performance fees within the company's real estate portfolio and transaction fees drove quarterly ENI of $0.63 compared to our estimate of $0.42 and consensus of $0.33. “Our $22 price target...

According to J.P. Morgan, Janus Capital Group (NYSE: JNS) reported 2Q EPS of $0.23, missing our estimate by a penny in part due to higher investment losses. J.P. Morgan said that Janus disclosed proforma impact of performance fees on earnings, leaving no room for analyst misinterpretation of the...

Citi has published a report on the Blackstone Group (NYSE: BX) raising the target price from $22 to $24. In the report, Citi wrote, "We raise our 2011-13 ENI estimates following sharply better than forecast 2Q (see our 7/21 note, 2Q11 Initial Look -- Gangbusters After All; Favorite Alts Name) +...

Citigroup has raised the price target on Blackstone Group (NYSE: BX) from $22 to $24 and maintains its Buy rating.

Do you ever get in one of those moods where you really want to eat something in particular? You feel like you need to eat something specific and nothing else will satisfy your craving. Like, right now, I am craving a chocolate milkshake from the little ice cream shop near my home. Nothing else...

T. Rowe Price (NYSE: TROW) unveils its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's essential guide to the company's second quarter earnings announcement. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of 77 cents per share and revenues of...