Asset Management & Custody Banks

Shares of Prospect Capital (NASDAQ: PSEC) are trading lower in the after-hours following the release of the company's Q4 earnings results. Currently, shares are lower by 1.21%, trading at $8.99; they ended the regular session higher by 3.53%, at $9.10. Prospect Capital reported Q4 EPS of $0.31;...

Northern Trust (NASDAQ: NTRS) announced today that Scott Murray has joined as Chief Technology Officer. He comes to Northern Trust with more than 20 years of experience as a technology executive at major financial institutions.

According to Bank of America, BlackRock (NYSE: BLK) coverage is reinstated with a Buy rating. Bank of America said that it is reinstating BlackRock (BLK) with a Buy rating and $216 price objective. “BLK shares are trading in line with peers at 11.7x ‘12E.” BlackRock closed yesterday at $159.90.

Some of the stocks that may grab investor focus today are: Wall Street expects LDK Solar Co Inc (NYSE: LDK) to report a Q2 loss at $0.17 per share on revenue of $$556.3 million. LDK shares gained 0.34% to $5.86 in after-hours trading. Analysts are expecting Donaldson Company Inc (NYSE: DCI) to...

Winn-Dixie Stores Inc (NASDAQ: WINN) is projected to report its Q4 EPS at $0.12 on revenue of $1.60 billion. ABM Industries Incorporated (NYSE: ABM) is expected to report its Q3 EPS at $0.47. Calavo Growers Inc (NASDAQ: CVGW) is estimated to report its Q3 earnings at $0.21 per share. LDK Solar...

Jefferies is out with its report today on Janus Capital Group (NYSE: JNS), initiating JNS at Buy. In its report, Jefferies writes, "We are initiating coverage of JNS with a Buy rating and an $8 price target. Amongst our coverage universe, this is the most speculative name given its large retail...

Jefferies & Company has initiated coverage on Janus Capital Group (NYSE: JNS) with a Buy rating and $8 price target.

Shares of Fortress Investment Group (NYSE: FIG) are lower on the session by 3.63%, currently trading at $3.19. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...

Shares of Willis Group Holdings plc (NYSE: WSH) gained about 1.3% after Willis Europe BV, a division of Willis Group Holdings acquired 100% of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe Sp. Zoo. Shares of Prospect Capital Corporation (NASDAQ: PSEC) rose about 2%...

Prospect Capital Corporation (NASDAQ: PSEC) announced today that it has adopted a plan for the purpose of repurchasing up to $100,000,000 of its common stock. Prospect's Board has authorized the repurchase plan because it believes the recent market turmoil may cause Prospect's common stock to be...

On August 23, 2011, a class action lawsuit was filed in the United States District Court for the Northern District of Texas against Penson Worldwide, Inc. (NASDAQ: PNSN). The complaint alleges violations of federal securities laws, Sections 10 and 20 of the Securities Exchange Act of 1934 and Rule...

The major stock market indexes have certainly been volatile during the month of August. The recent stock market swings in both directions have been outright violent at times. Many traders and investors have had to even step back and allow the markets to calm down at times before trying initiate a...

Northern Trust (Nasdaq: NTRS) has been awarded an NOK606 million (approximately US$110 million) mandate to provide global custody, securities lending, transition management, and foreign exchange services to the municipal investment fund of Bærum Kommune, a suburb of Oslo, Norway.

Shares of Legg Mason (NYSE: LM) are higher on the session by 1.76%, currently trading at $25.95. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the October...

Shares of American Capital (NASDAQ: ACAS) are lower on the session by 2.32%, currently trading at $7.57. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...