Market Currents

• Wednesday, October 21, 2009

• 16:16 PM Ameriprise Financial (AMP): Q3 EPS of $1.03 beats by $0.39. Revenue of $2B (+20%) vs. $2.1B. Debt-to-total-capital ratio of 18.7%. Shares +1.5% AH. (PR) Comment!
• 00:10 AM Notable post-market earnings: ADS, AMGN, AMP, CTXS, CVA, EBAY, EFX, FFIV, FIS, FNF, ISIL, KNX, LOGI, LRCX, NE, NFX, NVLS, OSIP, PTV, QLGC, RRC, SKX, TEX, TQNT, VMW Comment!

• Wednesday, September 30, 2009

• 09:40 AM After months of speculation, Bank of America (BAC +0.7%) offloads the long-term asset-management business of Columbia Management to Ameriprise Financial (AMP +14.1%) for about $1B. BofA says it's still considering alternatives for Columbia's short-term asset management business. The unit manages about $165B in total. Comment!

• Thursday, July 23, 2009

• 16:23 PM Ameriprise Financial (AMP): Q2 EPS of $0.58 in-line. Revenue of $1.9B (-5%) vs. $1.8B. Shares +0.2% AH. (PR) Comment!
• 00:10 AM Notable earnings after Thursday's close: AMP, AMZN, AXP, BIDU, BLUD, BNI, BRCM, BUCY, CA, CAKE, CB, CENX, CNW, COF, COG, CPWR, DDR, DDUP, EMN, FII, INFA, JNPR, KLAC, LEG, MSFT, NFLX, PMCS, RFMD, RMBS, RVBD, SNV, SPWRA, STAR, TCO, WFR, WRE Comment!

• Wednesday, June 3, 2009

• 14:50 PM MetLife (MET) and Ameriprise Financial (AMP) are leading at least $12.2B in bond sales today as companies take advantage of the lowest borrowing costs in almost nine months, and a sudden and voracious appetite for corporate debt. Comment!

• Friday, May 15, 2009

• 07:21 AM After waiting a half-year, six insurers were cleared to receive up to $22B in TARP funds late Thursday. Hartford Financial (HIG) was approved for $3.4B; Lincoln National (LNC) said it may receive $2.5B; also approved were Allstate (ALL), Prudential Financial (PRU), Principal Financial Group (PFG), and Ameriprise Financial (AMP). 2 Comments

• Tuesday, April 21, 2009

• 16:49 PM Ameriprise Financial (AMP): Q1 EPS of $0.58 beats by $0.09. Revenue of $1.72B (-13.7%) in-line. (PR) Comment!
• 15:10 PM Notable earnings after Tuesday's close: ALTR, AMD, AMP, BRCM, CBST, CENX, CHRW, COF, CREE, FULT, GILD, HCBK, ILMN, MOLX, NBR, NSC, PPDI, SNDK, STX, TEX, WMS, YHOO Comment!
• 00:10 AM Notable earnings after Tuesday's close: ALTR, AMD, AMP, BRCM, CBST, CENX, CHRW, COF, CREE, FULT, GILD, HCBK, ILMN, MOLX, NBR, NSC, PPDI, SNDK, STX, TEX, WMS, YHOO Comment!

• Wednesday, January 28, 2009

• 16:37 PM Ameriprise Financial (AMP): Q4 EPS of $0.80 vs. consensus of $0.27. Revenue of $1.4B (-21.1%) vs. $1.73B. "The deteriorating market and economic conditions in the fourth quarter had a significant impact on our results." (PR) Comment!
• 15:10 PM Notable earnings after Wednesday's close: AFFX, ALL, AMP, ARG, BSX, BXP, CPWR, CTXS, CVD, FLEX, HBI, ISIL, LRCX, LSI, MTH, MTW, MUR, OI, QCOM, RHI, RYL, SBUX, SEPR, SYMC, TER, WDC Comment!
• 00:10 AM Notable earnings after Wednesday's close: AFFX, ALL, AMP, ARG, BSX, BXP, CPWR, CTXS, CVD, FLEX, HBI, ISIL, LRCX, LSI, MTH, MTW, MUR, OI, QCOM, RHI, RYL, SBUX, SEPR, SYMC, TER, WDC Comment!

• Tuesday, January 6, 2009

• 14:27 PM Ameriprise Financial (AMP): Is selling away a systemic problem? Comment!

• Wednesday, October 29, 2008

• 16:18 PM Ameriprise Financial (AMP): Q3 EPS of $0.14 misses by $0.68. Revenue of $2.03B (-6.4%) vs. $1.95B. Shares -8.6%. (PR) Comment!
• 15:10 PM Notable earnings after the close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!