Market Currents

• Wednesday, September 2, 2009

• 09:11 AM Sources say Morgan Stanley (MS) is looking for a very large partner with whom to share its $86B Van Kampen mutual-fund business in a JV, instead of selling the unit as had been assumed. Possible good fits include: Invesco (IVZ), Franklin Resources (BEN), Aberdeen, Federated Investors (FII) and Nuveen. Comment!

• Thursday, July 23, 2009

• 17:01 PM Federated Investors (FII): Q2 EPS of $0.52 beats by $0.02. Revenue of $307M (-1%) vs. $314M. Total managed assets $402B. 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, May 6, 2009

• 15:55 PM Sources say BlackRock (BLK), Franklin Resources (BEN) and Federated Investors (FII) have all submitted preliminary bids for Bank of America's (BAC) mutual fund unit, Columbia. Analysts say Columbia, which oversees $341B, could fetch north of $2B. Comment!

• Thursday, April 23, 2009

• 15:10 PM Notable earnings after Thursday's close: ACF, AMGN, AMZN, ATHR, AXP, BNI, BUCY, CAKE, CB, CF, CNW, CRBC, CYH, CYN, DDR, DDUP, DV, EMN, FII, INFA, JNPR, KLAC, MHK, MSCC, MSFT, NFLX, PKI, PMCS, RIO, RMBS, RVBD, SPWRA, STAR, STSA, SWKS, SYNA, WDC, WFR, YRCW Comment!
• 00:10 AM Notable earnings after Thursday's close: ACF, AMGN, AMZN, ATHR, AXP, BNI, BUCY, CAKE, CB, CF, CNW, CRBC, CYH, CYN, DDR, DDUP, DV, EMN, FII, INFA, JNPR, KLAC, MHK, MSCC, MSFT, NFLX, PKI, PMCS, RIO, RMBS, RVBD, SPWRA, STAR, STSA, SWKS, SYNA, WDC, WFR, YRCW Comment!

• Thursday, January 22, 2009

• 16:29 PM Federated Investors (FII): Q4 EPS of $0.51 beats by $0.01. Revenue of $302M (+0.5%) in-line. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: AMD, CBST, CNI, COF, ED, FII, GOOG, ISRG, MSCC, PBCT, SNV, SYNA, TPX, WERN, WFR Comment!
• 00:10 AM Notable earnings after Thursday's close: AMD, CBST, CNI, COF, ED, FII, GOOG, ISRG, MSCC, PBCT, SNV, SYNA, TPX, WERN, WFR Comment!

• Thursday, December 18, 2008

• 14:36 PM Federated Investors (FII) is down 14.5% after chairman John Donahue sells 510K shares for $9.6M (form 4). Comment!

• Thursday, December 4, 2008

• 14:54 PM Stocks of asset managers (TROW, AB, FII, JNS) were among the first to signal the end of the bull. Today, they're outperforming to the upside. "Mr. Market tends to tell a story," Doug Kass says. Comment!

• Thursday, October 23, 2008

• 15:10 PM Notable earnings after Thursday's close: AFFX, AFL, ARBA, BNI, BUCY, CAKE, CB, CPWR, CYN, DDR, ELX, EMN, FII, FLEX, IBKR, IDTI, IM, JNPR, LSCC, MCHP, MSFT, OLN, PKI, RIO, RMBS, RVBD, SIMG, SNV, SYNA, TRMB, VAR, WDC, WEN, WFR, YRCW Comment!
• 00:10 AM Notable earnings after Thursday's close: AFFX, AFL, ARBA, BNI, BUCY, CAKE, CB, CPWR, CYN, DDR, ELX, EMN, FII, FLEX, IBKR, IDTI, IM, JNPR, LSCC, MCHP, MSFT, OLN, PKI, RIO, RMBS, RVBD, SIMG, SNV, SYNA, TRMB, VAR, WDC, WEN, WFR, YRCW Comment!