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Stock Market & Financial Investment News

News Breaks
January 31, 2014
07:44 EDTIVZInvesco weakness creates buying opportunity, says Wells Fargo
After Invesco reported higher than expected EPS, Wells Fargo still thinks the company's flows, fee rate, and margins are poised to surpass expectations in 2014. The firm thinks outflows from the company's U.K. equity income fund have been lower than expected following the departure of one of the company's portfolio managers. It keeps an Outperform rating on the shares.
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August 25, 2014
06:44 EDTIVZReport on Invesco not new, says Citigroup
After the Wall Street Journal indicated that a U.K. platform was pulling $1.1B from Invesco and moving it to former Invesco investment manager Neil Woodford, Citgroup thinks that Invesco already accounted for the loss of the platform in post Q2 comments. .Citi does not believe that Woodford is making "widespread" gains at Invesco's expense. Citi keeps a Buy rating on Invesco.

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