The top 100 stock
market authors
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market authors
selected for publication
Thursday, December 10 2009 |
11:11 EDT |
DJIA (DIA)
S&P 500 (SPY)
- As expected, Invesco (IVZ) will buy Morgan Stanley's (MS) Van Kampen fund unit, for $1.5B - $500M in cash, and Morgan Stanley will take a 9.4% stake in Invesco. The deal, expected to close mid-2010, will remove some sales limits that Van Kampen managers faced since the Morgan Stanley Smith Barney JV closed.
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David Fry
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TraderMark
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Don Dion
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