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; [email protected]

Stock News for Invesco Ltd (IVZ)
DateTimeHeadline
01/13/201716:00:00Les nouveaux symboles de six FNB PowerShares Canada entrent en...
01/13/201716:00:00New ticker symbols for six PowerShares Canada ETFs take effect
01/12/201716:15:00Invesco Ltd. To Announce Fourth Quarter 2016 Results
01/12/201710:00:00Mayor Kasim Reed, 10 corporations, Georgia Tech launch Engage...
01/12/201708:22:09Current Report Filing (8-k)
01/12/201708:00:00Invesco Launches Treasury Collateral Portfolio (CLTL), Leveraging...
01/11/201716:15:00Invesco Ltd. Announces December 31, 2016 Assets Under Management
01/09/201716:20:44Initial Statement of Beneficial Ownership (3)
01/03/201715:00:00Invesco Closed-End Funds Declare Dividends
12/29/201612:00:00Invesco High Income 2023 Target Term Fund Declares Dividends
12/22/201618:10:00Invesco annonce les distributions réinvesties annuelles finales...
12/22/201618:07:00Invesco announces 2016 final annual reinvested distributions...
12/22/201618:05:00Invesco annonce les distributions en espèces finales pour ses...
12/22/201618:05:00Invesco announces final cash distributions for its Canadian-listed...
12/19/201617:09:56Statement of Changes in Beneficial Ownership (4)
12/19/201617:05:16Statement of Changes in Beneficial Ownership (4)
12/16/201617:07:00Invesco annonce les distributions réinvesties annuelles estimatives...
12/16/201617:05:00Invesco announces 2016 estimated annual reinvested distributions...
12/16/201616:53:00Invesco annonce les distributions en espèces estimatives pour...
12/16/201616:50:00Invesco announces estimated cash distributions for its Canadian-listed...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US