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Stock Market & Financial Investment News

News Breaks
March 28, 2014
07:39 EDTAMG, AVAffiliated Managers announces investment in River Road Asset Management
Affiliated Managers Group (AMG) has reached a definitive agreement with Aviva Investors North America Holdings, subsidiary of Aviva plc (AV), for AMG to acquire all of Avivaís equity interest in River Road Asset Management, LLC. Following the closing of the transaction, River Roadís management team will own a substantial portion of the equity of the business and continue to direct the firmís day-to-day operations. As part of the transaction, River Roadís executive team and key investment professionals have agreed to long-term commitments to remain with the firm. River Road will maintain an ongoing relationship with Aviva through a number of sub-advisory mandates. The terms of the transaction were not disclosed.
News For AMG;AV From The Last 14 Days
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July 29, 2014
13:34 EDTAMGAffiliated Managers sees FY15 economic EPS $13.00-$14.50, consensus $13.80
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11:30 EDTAMGAffiliated Managers says pipeline continues to be 'very strong'
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11:19 EDTAMGAffiliated Managers narrows FY14 economic EPS outlook to $11.20-$12.10
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08:00 EDTAMGAffiliated Managers reports Q2 economic EPS $2.65, consensus $2.60
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July 28, 2014
15:47 EDTAMGNotable companies reporting before tomorrow's open
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