New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 5, 2014
06:14 EDTJNS, PLDai-ichi, Protective deal removes bullish Janus argument, says Citigroup
Citigroup believes Dai-ichi Life's buyout of Protective Life (PL) removes one of the key bullish arguments for Janus Capital (JNS) since Dai-ichi owns nearly a 20% stake in Janus and now a possible takeout is less likely. Citi says the Protective Life deal takes away the majority of Dai-ichi's $7B cash position. The firm keeps a Sell rating on Janus with a $9 price target.
News For JNS;PL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 23, 2014
13:44 EDTJNSFollow-up: Janus Capital downgraded to Sell at Citigroup
Citigroup downgraded Janus Capital to Sell from Neutral citing margin pressure and its belief the market is too optimistic on Bill Gross-related inflows. Citi lowered its price target for shares to $12.50 from $14.50 following the company's Q3 results.
13:29 EDTJNSJanus Capital downgraded to Sell from Neutral at Citigroup
Subscribe for More Information
07:02 EDTJNSJanus Capital reports Q3 EPS 22c, consensus 22c
Subscribe for More Information
October 13, 2014
08:04 EDTJNSJanus to acquire VelocityShares, includes upfront cash consideration of $30M
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use