Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Invesco's Q4 Profit Falls 82 Percent Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, January 30, 2009

Invesco's Q4 Profit Falls 82 Percent

by: Armie Margaret Lee

Invesco, whose subsidiaries include Aim and PowerShares, saw net income fall 82 percent in the three months ended December 31. The Atlanta-based firm earned $31.9 million, or 8 cents a share, down from $175.9 million, or 43 cents, in the year-ago period.

Not counting charges for some savings initiatives, investment write-downs and foreign exchange losses, which reduced earnings by 9 cents a share, Invesco's numbers met analysts' expectations, according to Reuters Estimates.

Invesco's AUM at the end of December totaled $357.2 billion, down from $409.6 billion in end-September. The market downturn accounted for a $33.7 billion decline in AUM during the quarter. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use