Invesco Reports Results For The Third Quarter

Invesco (IVZ) reported diluted third quarter EPS of $0.24, with a revenue of $706M vs. $687M for the last quarter. Its shares sold at +3.6% in premarket session. Invesco has also announced the Morgan Stanley's (MS) retail asset management business and Van Kampen Investments.

“As the markets continue to recover, the success of Invesco’s disciplined response to last fall’s challenging markets is demonstrated by our higher operating income and solid margin improvement,” said Martin L. Flanagan, Invesco president and CEO.