IVZ - Invesco Ltd.
21.17 0.00 (0.00%)
After hours: 4:18PM EDT
| Previous Close | 21.11 |
| Open | 20.87 |
| Bid | 21.17 x 1400 |
| Ask | 21.18 x 4000 |
| Day's Range | 20.63 - 21.29 |
| 52 Week Range | 19.66 - 38.43 |
| Volume | 5,819,414 |
| Avg. Volume | 5,070,349 |
| Market Cap | 8.702B |
| Beta (3Y Monthly) | 1.60 |
| PE Ratio (TTM) | 7.44 |
| EPS (TTM) | 2.85 |
| Earnings Date | Oct 24, 2018 |
| Forward Dividend & Yield | 1.20 (5.68%) |
| Ex-Dividend Date | 2018-11-09 |
| 1y Target Est | 26.39 |
- Bloomberg•5 days ago
Invesco to Buy Oppenheimer Funds in $5.7 Billion Active Management Bet
Oct.18 -- Invesco Ltd. has agreed to purchase OppenheimerFunds from MassMutual in a deal worth $5.7 billion. Bloomberg's Katherine Chiglinsky reports on "Bloomberg Markets."
- PR Newswire•3 minutes ago
Invesco Ltd. To Present at 2018 Bank of America Merrill Lynch Future of Financials Conference
ATLANTA , Oct. 23, 2018 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today announced that Marty Flanagan , President and Chief Executive Officer, and Loren Starr , Chief Financial Officer, are scheduled to ...
- CNW Group•48 minutes ago
Invesco announces cash distributions for Canadian-listed ETFs
Invesco announces cash distributions for Canadian-listed ETFs
- Zacks•8 hours ago
Should You Invest in the Invesco S&P SmallCap Financials ETF (PSCF)?
Sector ETF report for PSCF
Markit•3 days agoSee what the IHS Markit Score report has to say about Invesco Ltd.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Thomson Reuters StreetEvents•4 days ago
Edited Transcript of IVZ earnings conference call or presentation 18-Oct-18 1:00pm GMT
Q3 2018 Invesco Ltd Earnings Call
- ETF.com•4 days ago
Invesco Buys OppenheimerFunds
Long-rumored deal will make Invesco the sixth-largest asset manager in the U.S.
Motley Fool•4 days agoInvesco Ltd (IVZ) Q3 2018 Earnings Conference Call Transcript
IVZ earnings call for the period ending September 30, 2018.
- Barrons.com•4 days ago
‘Shame on Them.’ Fund Companies Got Sued By Their Own Employees Over Pricey 401(k) Plans.
Current lawsuits allege that BlackRock, Fidelity, Invesco, T. Rowe Price, and others are charging their own employees too much for the funds in their retirement plans.
- Barrons.com•4 days ago
$3.5 Billion In Saudi Arabian Funding and Two Other Numbers You Need To Know
FEATURE Numbers By Barron’s is a 2-minute podcast with three vital numbers to start your morning. Also available on iTunes and as a flash briefing on Amazon Alexa. Three numbers to start your day: $3.
- Moody's•4 days ago
Invesco Finance, Inc. -- Moody's affirms ratings of Invesco Ltd. and its affiliated issuers, outlook stable
Moody's Investors Service ("Moody's") has affirmed the provisional ratings assigned to Invesco Ltd.'s ("Invesco") multiple seniority shelf registration, as well as the A2 backed senior unsecured rating of its subsidiary, Invesco Finance PLC. The rating action follows the company's announcement that it intends to acquire Oppenheimer Funds ("OFI"), a $250 billion asset manager, from Massachusetts Mutual Life Insurance Company (MassMutual). The outlook is stable.
- The Wall Street Journal•5 days ago
[$$] Invesco to Buy OppenheimerFunds From MassMutual
Invesco Ltd. agreed to buy rival Massachusetts Mutual Life Insurance Co.’s OppenheimerFunds Inc. unit for $5.7 billion, adding to a string of acquisitions that have transformed the firm into a $1 trillion money manager. Invesco will pay for the deal with 81.9 million common shares and another $4 billion in preferred shares, making MassMutual the firm’s largest stockholder. Including OppenheimerFunds, Invesco will manage more than $1.2 trillion in assets.
- Investor's Business Daily•5 days ago
Stocks Veer Lower As Oil Prices Slump; This Dow Giant Gets An Upgrade
Weakening oil prices and mixed early earnings news sent stocks lower at Thursday's open, but Nike, Walgreens and Alcoa posted early gains.
- Morningstar•5 days ago
Invesco to Buy OppenheimerFunds
Invesco and MassMutual Life Insurance Company announced today that they have entered into an agreement for Invesco to buy OppenheimerFunds, the advisor to the Oppenheimer family of mutual funds, from MassMutual. MassMutual and the employee shareholders of OppenheimerFunds will receive a combination of common and preferred stock worth about $5.7 billion, and MassMutual will become Invesco's largest shareholder, with a roughly 15.5% stake.
- Moody's•5 days ago
MassMutual Global Funding II -- Moody's reviews MassMutual's Aa2 IFS rating for downgrade
Moody's Investors Service (Moody's) has placed the Aa2 insurance financial strength (IFS) ratings of Massachusetts Mutual Life Insurance Company (MassMutual) and its A1(hyb) surplus note rating on review for downgrade. The review follows MassMutual announcement of its agreement to sell its ownership in its OppenheimerFunds, Inc. asset manager (not rated) to Invesco Ltd (senior debt at A2, stable outlook) for a consideration of 81.9 million shares of Invesco common equity and $4 billion in perpetual non-cumulative preferred shares. Moody's said the transaction enables MassMutual to realize the full market value of OppenheimerFunds, which had been carried on the insurer's balance sheet at well below market value, and provides MassMutual with ownership in a much larger, more diversified asset manager.
- American City Business Journals•5 days ago
MassMutual to sell asset management unit to Invesco for $5.7B
OppenheimerFunds, which MassMutual has owned for 28 years, manages more than $246 billion in assets.
Bloomberg•5 days agoInvesco Gambles That It Pays to Be Active
Invesco’s deal, which is expected to close in the second quarter of 2019, is supposed to yield about $475 million in cost-savings over two years. OppenheimerFunds has large stock funds that invest globally and in the emerging markets. As Bloomberg News reported, recent efforts by asset managers to grow through mergers haven’t turned out to be immediate success stories.
- Zacks•5 days ago
Invesco (IVZ) Misses on Q3 Earnings, to Buy OppenheimerFunds
Invesco's (IVZ) Q3 earnings show growth in assets under management. The deal to acquire OppenheimerFunds is expected to further support its profitability.
- Bloomberg•5 days ago
Invesco Bets $5.7 Billion That Active Management Has Future
Invesco agreed to pay about that amount in a deal with Massachusetts Mutual Life Insurance Co. to acquire its OppenheimerFunds, which specializes in picking stocks and bonds especially in the international arena. At a time when many investors are deserting active funds for products that track indexes, Invesco Chief Executive Officer Martin Flanagan is convinced that active funds will continue to play a critical role in the portfolios of retail and institutional customers. “Investors are looking for a broad range of ways to have us meet their outcomes -- it is high-conviction active management, it is passive and it is alternatives,” Flanagan said in a telephone interview.
- TheStreet.com•5 days ago
Invesco Will Buy OppenheimerFunds for $5.7 Billion in All-Stock Deal
Invesco will purchase OppenheimerFunds from Massachusetts Mutual Life Insurance Co. for about $5.7 billion in stock, Invesco said Thursday, Oct. 18. Since the transaction is all in stock rather than cash, MassMutual will now become a roughly 15.5% owner of Invesco. "The highly complementary investment and distribution capabilities of Invesco and OppenheimerFunds will strengthen the combined organization's ability to provide more relevant investment outcomes to an expanded number of institutional and retail clients in the US and around the globe," Invesco said in a press release.
- Barrons.com•5 days ago
Invesco CEO Martin Flanagan on the OppenheimerFunds Acquisition
Invesco confirmed it would buy active asset manager OppenheimerFunds, shoring up its position amid a trying period for the fund industry
Markit•5 days agoSee what the IHS Markit Score report has to say about Invesco Ltd.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Financial Times•5 days ago
[$$] Invesco to buy OppenheimerFunds from MassMutual for $5.7bn
that will put the group among the very largest money managers and accelerate industry consolidation. The all-stock transaction will add OppenheimerFunds’ leading emerging market and international equity franchises to Invesco’s PowerShares exchange traded fund business.
- Associated Press•5 days ago
Invesco: 3Q Earnings Snapshot
On a per-share basis, the Atlanta-based company said it had profit of 65 cents. Earnings, adjusted for non-recurring costs, came to 66 cents per share. The results did not meet Wall Street expectations. ...
- Zacks•5 days ago
Is Invesco Comstock A (ACSTX) a Strong Mutual Fund Pick Right Now?
Mutual Fund Report for ACSTX
