ADVFN - Advanced Financial Network.
HOME» NYSE » I » IVZ Stock Price » IVZ Stock News

Invesco Ltd Share News

 Invesco Ltd Stock Price
IVZ Stock Price
 Invesco Ltd Stock Chart
IVZ Stock Chart
 Invesco Ltd Stock News
IVZ Stock News
 Invesco Ltd Company Information
IVZ Company Information
 Invesco Ltd Stock Trades
IVZ Stock Trades

Morgan Stanley Plans To Sell Its Stake In Invesco

DOW JONES NEWSWIRES Invesco Ltd. (IVZ) said Morgan Stanley (MS) plans to sell its stake in the money manager, a sale Morgan Stanley President and Chief Executive James Gorman said will allow the investment bank "to reallocate capital into the firm's client-driven, flow businesses." Invesco's stock slid 5.1% to $22.01 in after-hours trading. It has about 460 million shares. Gorman said, "Invesco has become one of our key global partners across retail, asset management and institutional securities and we look forward to continuing to work closely together." Invesco completed its acquisition of Morgan Stanley's retail asset-management business earlier this year, a deal that included the Van Kampen fund unit. The deal provided to Morgan Stanley $800 million in cash and 30.9 million shares of Invesco. Last month, Invesco reported that its third-quarter earnings grew 47%, beating analysts' views, as the company's results were aided by the acquisition. Revenue jumped 35%, although operating margin fell. -By John Kell, Dow Jones Newswires; 212-416-2480;

Stock News for Invesco Ltd (IVZ)
07/31/201514:30:00Invesco Canada réduit le niveau de risque de trois de ses fonds
07/31/201514:30:00Invesco Canada lowers risk rating on three funds
07/30/201514:08:52Quarterly Report (10-q)
07/30/201507:58:18Current Report Filing (8-k)
07/30/201507:30:00Invesco Reports Results for the Three Months Ended June 30, 2015
07/28/201510:00:00GOODBYE 60/40. HELLO 50/30/20: Invesco Launches New Integrated...
07/21/201514:00:00Securityholders approve Invesco Canada fund changes
07/21/201514:00:00Les porteurs de titres approuvent les changements apportés aux...
07/21/201512:45:00PowerShares Canada annonce des distributions en espèces pour...
07/21/201512:45:00PowerShares Canada announces cash distributions for TSX-listed...
07/20/201517:30:00Invesco Advisers Announces Shelf Registration Statements for...
07/20/201509:00:00Asset Management Stocks Technical Analysis -- Invesco, Janus...
07/15/201516:05:00Invesco Ltd. To Announce Second Quarter 2015 Results
07/14/201508:09:30Current Report Filing (8-k)
07/13/201516:05:00Invesco Ltd. Announces June 30, 2015 Assets Under Management
07/07/201516:30:00Invesco Mortgage Capital Closes on $21 Million Mezzanine Loan
07/01/201512:00:00Invesco Closed-End Funds Declare Dividends
06/23/201509:14:00IT'S ALL ABOUT HOW YOU SAY IT: Investors Drawn to Alternative...
06/22/201517:05:00Invesco Advisers Announces Portfolio Management Changes for Invesco...
06/18/201515:53:06Annual Report of Employee Stock Plans (11-k)

Invesco Ltd and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations