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Blackrock, Inc. - Growth & Income
Thursday, February 3, 2011 - 1:00am | 403As the S&P continues to climb, more investors pile into equities. That's good news for Blackrock, Inc. (BLK). The investment management firm recently delivered its third consecutive positive earnings surprise driven by higher assets under management. Earnings estimates have been surging since...
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Ameriprise Financial Reports Q4 EPS of $1.18 vs. $1.31
Wednesday, February 2, 2011 - 5:49pm | 139Ameriprise Financial, Inc. (NYSE: AMP) today reported net income of $305 million for the fourth quarter of 2010 compared to $237 million for the fourth quarter of 2009. Net income per diluted share for the fourth quarter of 2010 was $1.18 compared to $0.90 a year ago. Operating earnings increased...
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U.S. Global Investors Reports Q2 EPS of $.15
Wednesday, February 2, 2011 - 5:27pm | 115U.S. Global Investors, Inc. (NASDAQ: GROW)today reported that revenue increased 34 percent and earnings per share increased 88 percent on a quarter-over-quarter basis for the quarter ended December 31, 2010. Year-over-year revenue increased 32 percent and earnings per share increased 50 percent for...
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AIG Offloads Star & Edison Units - Analyst Blog
Wednesday, February 2, 2011 - 10:52am | 612After the successful completion on the recapitalization front last month, yesterday American International Group Inc. (AIG) announced the sale of its Japan-based AIG Star Life Insurance Co. (Star) and AIG Edison Life Insurance Co. (Edison) to Prudential Financial Inc. (PRU) for the agreed price...
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AIG Offloads Star & Edison Units - Analyst Blog
Wednesday, February 2, 2011 - 10:15am | 612After the successful completion on the recapitalization front last month, yesterday American International Group Inc. (AIG) announced the sale of its Japan-based AIG Star Life Insurance Co. (Star) and AIG Edison Life Insurance Co. (Edison) to Prudential Financial Inc. (PRU) for the agreed price...
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Earnings Scheduled For February 2 (YUM, MAT, V, AGN, MRO, HSY, NWS, NDAQ, GNW, AOL, TWX, TMO, AMP, WHR, BMC, ACE, HIG)
Wednesday, February 2, 2011 - 4:51am | 437Yum! Brands Inc (NYSE: YUM) is expected to report its Q4 EPS at $0.60 on revenue of $3.50 billion. Mattel Inc (NASDAQ: MAT) is projected to post its earnings at $0.86 per share on revenue of $2.09 billion in fourth-quarter. Visa (NYSE: V) is expected to report its Q1 earnings at $1.20 per share on...
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Waddell & Reed Beats on Revenue - Analyst Blog
Tuesday, February 1, 2011 - 5:31pm | 804Waddell & Reed Financial Inc.'s (WDR) fourth quarter 2010 earnings of 54 cents per share were ahead of the Zacks Consensus Estimate of 49 cents. This also compares favorably with earnings of 47 cents in the prior quarter and 39 cents in the prior-year quarter. For full-year 2010, Waddell...
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Waddell & Reed Beats on Revenue - Analyst Blog
Tuesday, February 1, 2011 - 5:00pm | 804Waddell & Reed Financial Inc.'s (WDR) fourth quarter 2010 earnings of 54 cents per share were ahead of the Zacks Consensus Estimate of 49 cents. This also compares favorably with earnings of 47 cents in the prior quarter and 39 cents in the prior-year quarter. For full-year 2010, Waddell...
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AMG Reports Q4 EPS of $2.02 vs. $1.93
Tuesday, February 1, 2011 - 9:54am | 130Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the fourth quarter and full year 2010. For the fourth quarter of 2010, Economic Earnings Per Share were $2.02, compared to $1.36 for the same period of 2009, while diluted earnings per share for the...
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Citi Has Hold On Federated Investors, Inc (FII)
Tuesday, February 1, 2011 - 8:21am | 128Citi Investment Research has a Hold rating and a $27 price target on shares of Federated Investors, Inc (NYSE: FII). In a note to clients, Citi writes, "We expect the stock to further lag peers given: 1) outsized money markets exposure at this point of the rate cycle; 2) uneven LT flow prospects; 3...
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A Record of How in a Single Day We Created More Actionable and Valuable Stock Research than 20 Sell Side Analyst Teams Over a Month
Tuesday, February 1, 2011 - 1:16am | 1896Model Portfolio Daily Update: January 31, 2011 Subscribers log in for the full report: This content is for members only. New Actions Required: None Of Note: Our 25-stock theoretical long portfolio issued to clients on December 31 presaged 45 major positive upgrades by more than 20 sell side...
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ETF Assets Could Double By 2012
Monday, January 31, 2011 - 2:13pm | 100After finally surpassing the critical $1 trillion mark in assets under management in late 2010, global exchange traded products assets could top $2 trillion by early 2012, according to a report by BlackRock (NYSE: BLK), the parent company of iShares, the largest U.S. ETF issuer. BlackRock estimates...
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Company News for January 31, 2011 - Corporate Summary
Monday, January 31, 2011 - 10:13am | 707• Arch Coal (NYSE:ACI) reported Q4 EPS of $0.33, ex-items, below the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 15% to $835.4 million, lower than the Zacks Consensus Estimate of $869.0 million • T. Rowe Price (NASDAQ:TROW) reported Q4 EPS of $0.72, above the Zacks...
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Company News for January 31, 2011 - Corporate Summary
Monday, January 31, 2011 - 10:09am | 707• Arch Coal (NYSE:ACI) reported Q4 EPS of $0.33, ex-items, below the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 15% to $835.4 million, lower than the Zacks Consensus Estimate of $869.0 million • T. Rowe Price (NASDAQ:TROW) reported Q4 EPS of $0.72, above the Zacks...
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J.P Morgan Comments On Federated Investors Following Earnings Miss
Monday, January 31, 2011 - 10:01am | 194Federated Investors (NYSE: FII) reported 4Q10 EPS of $0.45, and $0.47 excluding a tax impairment charge. This exceeded the consensus of $0.43, but the results included $0.03 benefit from a change to management compensation accruals and like other asset managers had a bigger than typical below the...