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

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

Rating:Calamos Still Swims Even As its Revenues Take a Dive Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 29, 2009

Calamos Still Swims Even As its Revenues Take a Dive

Reported by John Alzate

Calamos Asset Management witnessed second quarter profits dip six percent to $1.79 million from the $1.89 million mark set a year-ago, despite a major slump in revenue.

The Naperville,Illinois-domiciled company generated $67 million in revenues during the quarter, down 40 percent from $112 million in the year-ago period.

The company also said its mutual funds division handled $20 billion in AUM, down from the $30.6 billion recorded during second quarter of 2008.

Calamos also reported $27 billion in total AUM as of end-June. Average total AUM was $25.9 billion during Q2 of 2009, down from $42.9 billion from a year-ago. 

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