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Stock Market & Financial Investment News

News Breaks
January 25, 2013
05:51 EDTJNSJanus Capital downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Janus Capital to Sell citing valuation and a lack of operating leverage following the company's Q4 results. Citi lowered its price target for shares to $7.75 from $8.
News For JNS From The Last 14 Days
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November 20, 2014
14:04 EDTJNSBill Gross to manage $500M fund for Soros Management
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November 11, 2014
07:56 EDTJNSJanus Capital inflows accelerated in October, says Jefferies
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07:02 EDTJNSJanus Capital fund flows tracking well below consensus, says Citigroup
After Bloomberg reported that Janus saw $1.2B in October bond fund inflows, Citigroup says the company's new business trends are tracking "sharply below those implied in the stock price." Citi believes Janus' flow trends are tracking in-line with its "well below" consensus 2015-16 earnings estimates. It keeps a Sell rating on Janus with a $12.50 price target.
November 10, 2014
08:30 EDTJNSJanus funds saw over $1B in inflows after Gross hiring, Bloomberg says
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