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News Breaks | | | | January 11, 2013 | | 06:36 EDT |  | JNS, WWW | Janus Capital Management reports 10.9% passive stake in Wolverine World Wide
Janus Capital has a direct 94.8% ownership stake in INTECH Investment and a direct 77.8% ownership stake in Perkins Investment Management. Due to the ownership structure, holdings for Janus Capital, Perkins and INTECH are aggregated for purposes of this filing. As a result of its role as investment adviser or sub-adviser to the Managed Portfolios, Janus Capital may be deemed to be the beneficial owner of 4,935,266 shares or 10.1% of the shares outstanding of Wolverine World Wide Common Stock held by such Managed Portfolios. However, Janus Capital does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Managed Portfolios and disclaims any ownership associated with such rights. As a result of its role as investment adviser or sub-adviser to the Managed Portfolios, Perkins may be deemed to be the beneficial owner of 403,704 shares or 0.8% of the shares outstanding. | |
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News For JNS;WWW From The Last 14 Days Check below for free stories on JNS;WWW the last two weeks. |
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| May 15, 2013 | | 06:06 EDT |  | JNS | Janus Capital downgraded to Underweight from Overweight at Barclays
Barclays downgraded Janus two notches to Underweight from Overweight citing valuation, lack of catalysts to move shares higher, and increased caution on the traditional asset manager group. Price target lowered to $8 from $9. | |
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