AB - AllianceBernstein Holding L.P.
| Previous Close | 28.0500 |
| Open | 28.1500 |
| Bid | 28.2000 x 800 |
| Ask | 28.2500 x 900 |
| Day's Range | 28.1450 - 28.4000 |
| 52 Week Range | 20.8500 - 28.4000 |
| Volume | 130,217 |
| Avg. Volume | 324,211 |
| Market Cap | 2.764B |
| Beta | 1.14 |
| PE Ratio (TTM) | 12.93 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.57 (9.79%) |
| Ex-Dividend Date | 2018-02-22 |
| 1y Target Est | N/A |
- Bloomberg Video•4 days ago
Italy's Populist Government Plans Tax Cuts and Increased 'Citizen's Income'
May.18 -- Nomura's George Goncalves, Sanford C. Bernstein's Noah Weisberger and Bloomberg's Gina Martin Adams discuss how they see the Italian government plan working on "Bloomberg Markets: The Open."
- Fox Business Videos•18 days ago
AllianceBernstein moving HQ to Tennessee thanks to low taxes
Tennessee Gov. Bill Haslam discusses how his state manages to have such low income and corporate taxes, which helped convince AllianceBernstein to relocate its headquarters to Tennessee.
Yahoo Finance Video•20 days agoAllianceBernstein leaves New York for Nashville to cut costs
The asset manager is pulling up stakes and moving its corporate headquarters and, over one thousand employees, to Nashville. Yahoo Finance's Seana Smith, Dan Roberts and Brittany Jones-Cooper discuss the news.
- Bloomberg Video•20 days ago
AllianceBernstein's Nashville Move Adds to City's Boom
May.02 -- Bloomberg's Jason Kelly discusses the low-tax advantage and other aspects of AllianceBernstein's move to the Music City on "Bloomberg Markets: Balance of Power."
- Bloomberg Video•20 days ago
AllianceBernstein Says Goodbye New York, Hello Tennessee Tax-Haven
May.02 -- Bloomberg’s Jason Kelly discusses big banks moving from New York to more tax friendly locations. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
- American City Business Journals•yesterday
Records reveal reasons for Charlotte's loss of AllianceBernstein HQ to Nashville
A Wall Street investment firm passed over Charlotte for Nashville, Tenn., for its new corporate headquarters at least in part because of the Queen City's existing financial services base.
- American City Business Journals•5 days ago
Exclusive: Finance giant picks downtown project for 1,000-job Nashville HQ
The company's decision to pursue a lease at this particular project is a milestone whose importance is hard to understate — eliminating the biggest question still looming over the development.
- American City Business Journals•6 days ago
Chuck Schwab on tax reform’s Bay Area impact: ‘A lot of companies will be moving their people out of here’
Many are watching to see whether the new tax law will spur individuals or companies to leave California and other high-tax states. Brokerage pioneer Chuck Schwab says it's already happening.
- American City Business Journals•11 days ago
Bigger than Bridgestone: State tees up grant for Wall Street firm's new Nashville HQ
If formally approved next week, this would be the second-largest FastTrack economic development grant a company has received since the start of 2011.
- InvestorPlace•13 days ago
Small Stocks, Big Dividends
The impact is that if one stock — say, Apple Inc. (NASDAQ:AAPL) — has a bad day, it can drive indexes such as the S&P 500 or Dow Jones Industrials down significantly. The antidote is to diversify into smaller stocks that aren’t found in many indexes or ETFs to insulate your portfolio from general market sell-offs led by indexes. Natural Resource owns large parcels of land in the Eastern U.S., Appalachia, Central Illinois and the Western U.S. And in turn, it leases the land to mining companies under long-term contracts in return for royalty payments.
- Motley Fool•13 days ago
The Biggest IPO Since 2014: Here's What You Need to Know
This financial services company's issue will likely be the largest since Alibaba Group's debut.
- Financial Times•13 days ago
[$$] Bond trading: technology finally disrupts a $50tn market
AllianceBernstein’s latest robotic employee did initially have a problem understanding some of the niceties of her human bosses — at first Abbie was stumped by what they meant with the word “please” — but she already handles about 35 per cent of their bond trades. Abbie might seem unremarkable to observers who have seen a series of technological revolutions reshape the stock market. But the bond market has historically been a vast but old-fashioned corner of the financial system, with little transparency and trading often conducted by phone. Banks complain that more onerous regulations have hamstrung their ability to play their traditional role in lubricating activity in the bond market.
Bloomberg•15 days agoIgnore the Emerging-Market Rout; This Time (Really) Is Different
Investors from AllianceBernstein LP to UBS Wealth Management say that while the short-term pain developing-nation assets are experiencing isn’t entirely over, the selloff won’t be anywhere near the magnitude seen during the height of the taper tantrum in May 2013. Back then, emerging-market currencies and bonds slumped for about six weeks as the dollar and U.S. rates rose in response to the Federal Reserve unexpectedly suggesting it would reduce debt purchases. Investors have pulled more than $5.5 billion from bond markets since mid-April, according to the Institute of International Finance.
- Bloomberg•18 days ago
How Tennessee Lured a Wall Street Firm to Nashville
A Tennessee law enacted last month that specifically cuts taxes for publicly traded investment firms will benefit AllianceBernstein Holding LP in its move to Nashville from New York City. No Tennessee companies qualified when the state legislature considered it in February. Governor Bill Haslam signed the proposal into law April 9 and AllianceBernstein, which manages $550 billion, announced May 2 it was moving its headquarters, including 1,050 legal, marketing and IT workers, to the home of country music, starting this year.
- American City Business Journals•19 days ago
Here's the timeline and likely destinations for Nashville's new, 1,000-job HQ
Though the full impact won't be felt for awhile, the first employees will begin relocating from Manhattan this summer.
- American City Business Journals•20 days ago
Nashville wasn't even in the running — then landed a global finance HQ with lucrative jobs
"This opens up an entirely new type of company that would locate here. This is not someone's back-office operations. We love those, by the way. This is a global headquarters," says Gov. Bill Haslam.
- American City Business Journals•20 days ago
Nashville's newest HQ didn't balk at traffic — and experts don't think others will, either
"There are different drivers bringing Nashville to the fore as a candidate for Amazon, and it's not public transit — never was, and wouldn't have been for years, even if it had passed," one site-selection expert says.
- American City Business Journals•20 days ago
Where Charlotte may have missed the mark in AllianceBernstein project
AllianceBernstein Holding L.P. officially announced Wednesday that Nashville, Tenn., will be the new home for the New York finance giant. The project is lucrative, promising upwards of $70 million in investment from AllianceBernstein and 1,050 corporate office jobs. Charlotte was purportedly one of two finalist cities for the project but ultimately lost out, despite being a financial-services hub.
- The Wall Street Journal•20 days ago
AllianceBernstein's Highway Men To Live Large in Nashville
Will employees of AllianceBernstein be whistling Dixie or singing the blues? The New York based money manager shocked everyone this week with the announcement that it will be relocating from Manhattan ...
- Bloomberg•20 days ago
AllianceBernstein's Nashville Move Adds to City's Boom
Bloomberg's Jason Kelly discusses the low-tax advantage and other aspects of AllianceBernstein's move to the Music City on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
Bloomberg•20 days agoWall Street Slaps Down NYC Again With AllianceBernstein's Move to Nashville
New York is losing more than a thousand financial-industry jobs -- and Manhattan’s loss is Music City’s gain. AllianceBernstein Holding LP is moving its corporate headquarters and about 1,050 jobs to Nashville, Tennessee, the company said in a filing Wednesday, concluding a months-long search that evaluated 30 cities on attributes including housing, cost of living, education and weather. While some of the firm’s traditional Wall Street functions -- including portfolio management, sell-side research and trading, and private wealth management -- will stay in New York, workers from finance, legal, sales and marketing teams, among other functions, will start relocating this year.
Yahoo Finance•20 days agoStocks mixed, Tesla hit with $2 billion lawsuit ahead of earnings report
Yahoo Finance's LIVE market coverage and analysis of stocks and bonds begins each day at 11:45 a.m. ET.
- CNBC•20 days ago
An old Wall Street money manager with $500 billion is moving to Nashville from Manhattan to save money
Asset manager AllianceBernstein will move its headquarters from Midtown Manhattan to Nashville and relocate about 1,050 jobs beginning later this year, according to a filing with the Securities and Exchange Commission. Operations directly related to finance, such as the private wealth management business and sell-side research and trading, will remain in New York, the filing says. Asset manager AllianceBernstein is leaving New York for Nashville.
- American City Business Journals•20 days ago
Filing reveals number of jobs finance giant will bring to Nashville with HQ move
A formal announcement is scheduled for mid-morning today.
