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How Market Volatility Is Affecting Some ETF Issuers
Friday, October 12, 2018 - 12:52pm | 572Few stocks have been immune from the broad market's two-day tumble. Among the punished are companies with direct exposure to the exchange traded funds industry. This week, shares of BlackRock Inc. (NYSE: BLK), the world's largest assets manager and ETF issuer and WisdomTree Investments...
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Should Disney Investors Be Worried About The Latest ESPN Fiasco?
Thursday, August 24, 2017 - 2:39pm | 544Walt Disney Co (NYSE: DIS)'s ESPN unit made a controversial decision to pull a broadcaster named Robert Lee from its college football Sept. 2 broadcast of the University of Virginia versus the College of William & Mary. Normally such a move wouldn't merit national headlines, but this isn't a...
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ESPN Takes Fire For Switching Football Announcer Robert Lee From Virginia Game
Wednesday, August 23, 2017 - 1:36pm | 430ESPN just isn't whistling Dixie. In a move that set off an outcry across media both social and mainstream, Walt Disney Co (NYSE: DIS) pulled a broadcaster, Robert Lee, off its sports wing's telecast of the Sept. 2 game between the University of Virginia and the College of William & Mary...
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Manning & Napier's Dividend Could Be At Risk As Q3 Results Come In Below Expectations
Thursday, October 27, 2016 - 9:47am | 324Manning and Napier Inc (NYSE: MN) reported disappointing Q3 results. “Continued pressure on revenues and elevated compensation costs are likely to keep pressure on margins,” Keefe, Bruyette & Woods’ Robert Lee said in a report. He downgraded the rating on the company from...
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KBW Analysts Downgrade BlackRock As Shares Approach Their Target Price
Friday, July 15, 2016 - 9:30am | 283BlackRock, Inc. (NYSE: BLK) reported its 2Q16 results broadly in-line with consensus expectations. Keefe, Bruyette & Woods’ Robert Lee downgraded the rating on the company from Outperform to Market Perform, while reducing the price target from $390 to $383. The analyst commented that...
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KBW Downgrades WisdomTree Investments To Underperform
Monday, February 8, 2016 - 9:27am | 287Amid volatility, WisdomTree Investments, Inc. (NASDAQ: WETF) shares have lost 56 percent since August 10. Keefe, Bruyette & Woods’ Robert Lee downgraded the rating for the company from Market Perform to Underperform, while reducing the price target from $13.50 to $10.00....
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Och-Ziff Risk/Reward Is Attractive For Patient Investors Who Are 'Comfortable With Risks,' According To KBW
Monday, November 23, 2015 - 3:46pm | 389Och-Ziff Capital Management Group LLC (NYSE: OZM) shares have fallen about 25 percent since it reported third quarter results on November 3. While uncertainties linger, the sharp decline in the stock price suggests that "the stock is now attributing little or no value to future...
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A Pair Trade In Asset Managers Worth Considering For Your Portfolio
Monday, October 12, 2015 - 9:52am | 294Invesco Ltd. (NYSE: IVZ) has lost 16.8 percent this year, while Janus Capital Group Inc (NYSE: JNS) has declined just 9 percent. Keefe, Bruyette & Woods' Robert Lee said that Invesco is the firm's "top pick" and recommended buying shares while against a short position...
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WisdomTree Investments Downgraded At KBW; Still A 'Long-Term Pure Play'
Monday, June 22, 2015 - 7:33am | 167In a report published Monday, Keefe, Bruyette & Woods analyst Robert Lee downgraded the rating on WisdomTree Investments, Inc. (NASDAQ: WETF) from Outperform to Market Perform, with a $25 price target. The analyst believes that the risk/reward profile of the stock is less favorable, given the...
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UPDATE: Keefe, Bruyette & Woods Downgrades Fortress Investment Group Following Selloff Last Week
Monday, January 26, 2015 - 9:35am | 138In a report published Monday, Keefe, Bruyette & Woods analyst Robert Lee downgraded the rating on Fortress Investment Group LLC (NYSE: FIG) from Outperform to Market Perform, and lowered the price target from $8.75 to $8.00. In the report, Keefe, Bruyette & Woods noted, “Following the sell...
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UPDATE: Keefe, Bruyette & Woods Initiates Coverage On Medley Management
Tuesday, October 21, 2014 - 11:18am | 191Keefe, Bruyette & Woods initiated coverage of Medley Management Inc (NYSE: MDLY) Tuesday with an Outperform rating and $19.50 price target. Analyst Robert Lee noted that Medley "has a very sticky asset base with good visibility into management fee and earnings growth and we think it...
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UPDATE: Keefe, Bruyette & Woods Reiterates On Janus Capital Group Inc As Bill Gross Joins The Firm
Monday, September 29, 2014 - 9:22am | 113In a report published Monday, Keefe, Bruyette & Woods analyst Robert Lee reiterated a Market Perform rating on Janus Capital Group Inc (NYSE: JNS), but lowered the price target from $17.00 to $13.00. In the report, Keefe, Bruyette & Woods noted, “In what can only be described as a shock, on...
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UPDATE: Keefe, Bruyette & Woods Reiterates On Eaton Vance Following In-Line Results
Friday, August 22, 2014 - 8:53am | 94In a report published Friday, Keefe, Bruyette & Woods analyst Robert Lee reiterated a Market Perform rating on Eaton Vance (NYSE: EV), and raised the price target from $39.00 to $40.00. In the report, Keefe, Bruyette & Woods noted, “Adjusted operating EPS were in-line with our forecast as...
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UPDATE: Keefe, Bruyette & Woods Downgrades Waddell & Reed Financial As Flow Trends Weigh On Stock
Wednesday, July 30, 2014 - 7:44am | 119In a report published Wednesday, Keefe, Bruyette & Woods analyst Robert Lee downgraded the rating on Waddell & Reed Financial (NYSE: WDR) from Outperform to Market Perform, and lowered the price target from $74.00 to $63.00. In the report, Keefe, Bruyette & Woods noted, “We thought it...
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UPDATE: Keefe, Bruyette & Woods Reiterates On Eaton Vance As Patience Is Required
Friday, May 23, 2014 - 8:18am | 136In a report published Friday, Keefe, Bruyette & Woods analyst Robert Lee reiterated a Market Perform rating on Eaton Vance (NYSE: EV), and raised the price target from $38.00 to $41.00. In the report, Keefe, Bruyette & Woods noted, “Capital deployment strategies today are focused on...