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Stock Market & Financial Investment News

News Breaks
August 11, 2014
16:33 EDTABAllianceBernstein announces $477B assets under management at July 31
AllianceBernstein announced that preliminary assets under management decreased to $477B during July from $480B at the end of June. The 0.6% decrease was driven by market depreciation, partly offset by total net inflows. By channel, net flows were positive for institutions, flat for private client and slightly negative for retail.
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September 17, 2014
07:39 EDTABMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
September 12, 2014
06:21 EDTABCiti initiates long AllianceBernstein, short Artisan pair trade
Citigroup initiated a pair trade of overweight AllianceBernstein (AB), underweight Artisan Partners (APAM), saying AllianceBernstein is a favorable flow inflection story while Artisan's flow momentum has stalled. Citi has a Buy rating on AllianceBernstein with a $32 price target and Neutral rating on Artisan Partners with a $54 price target.
September 11, 2014
16:25 EDTABAllianceBernstein reports assets under management $486B at August 31
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