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David Sims is a full-time independent analyst and contributor on popular investment sites such as Seeking Alpha. David covers distressed equities and activist investing campaigns most recently. In the past, covered topics included covered call trading and the housing market. David is Certified... More
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  • Ameriprise Financial Beats, Shares Rise After-Hours 0 comments
    Apr 28, 2014 4:13 PM | about stocks: AMP

    Ameriprise (NYSE:AMP) released earnings this afternoon, reporting diluted EPS of $2.01 versus expectations of about $1.88. Shares were mixed in earlier trading, dropping to as low as $101.67. After-hours, the price rose to about $105.20.

    The company currently trades with a forward P/E ratio of about 11.37. They also announced a dividend increase to 58 cents quarterly and share buybacks.

    (click to enlarge)

    AMP data by YCharts

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: earnings Stocks: AMP
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