April 11, 2013 at 09:50 AM EDT
Top-Rallying Asset Managers: Gleacher (NASDAQ:GLCH), Invesco (NYSE:IVZ), Janus Capital Group (NYSE:JNS)

New York, NY -- (SBWIRE) -- 04/11/2013 -- StockRunway.com issues special report on the Top-Rallying Asset Managers – Gleacher (NASDAQ:GLCH), Invesco (GLCH), Janus Capital Group (NYSE:JNS)

Gleacher& Company Inc(NASDAQ:GLCH) jumped +4.78% with the closing price of $0.712 on news that Sterne Agee Group Inc. is holding discussions to combine with Gleacher & Co. (GLCH), the investment bank that has lost $180.4 million since 2009.

The negotiations possibly will not result in a deal, according to media report. Gleacher confirmed that it was in talks on a possible merger with another company but had not provided the name. The firm also said it was on track to close the fixed-income business, which generated most of its revenue.

The overall volume in the last trading session was 1.36 million shares. Its fifty two week range was $0.50-$1.29. The total market capitalization remained $88.66million. The stock is ahead its 52 week low with 42.50% and its last month price volatility remained 10.60%.

Its beta coefficient was 1.12 with a target price of $0.80. In its share capital, the company has 123.24 million outstanding shares while 104.74 million shares have been floated in market. It has insider ownership of 13.90% with its institutional ownership remained 53.40%. Its current year earnings per share slipped with -26.21% while the five year EPS growth rate was -34.75%.

What was the Moving Force behind GLCH On Bullish Run? Read This Research Report on GLCH

Invesco Ltd.(NYSE:IVZ) shares went 3.46% up and closed at $29.88 in the last trading session after the company released preliminary month-end assets under management (AUM) of $729.3 billion, representing a growth of 2.2% month over month.

The growth was seen mainly because of a favorable market returns and positive long-term flows. FX lowered AUM by $0.1 billion during the month. Both active and passive AUM recorded upbeat long-term flows. For the quarter through March 31, preliminary average total assets were $712.7 billion, and preliminary average active assets for the same period were $592.6 billion.

Its overall traded volume was 4.55 million shares. The stock’s opening price was $29.20, hitting the day high price of $29.93 and day low of $29.17. IVZ has earnings per share of $1.49 and its price to earnings ratio was 20.03. The company has 3.19% returns on assets, 8.24% returns on equity and its return on investments is 4.00%.

For How Long IVZ will Fight for Profitability? Read This Trend Analysis report

Janus Capital Group Inc(NYSE:JNS) surged +4.21% to close at $9.41 and its total volume in the last trading session was 3.35 million shares. The boost appeared after the company named Enrique Chang as its chief investment officer of equities and asset allocation as the firm is looking to improve the performance of lagging stock funds and expand a small lineup of alternative funds. In last 52 weeks, high hit was $10.18 and low price in that period was $6.64.

The company has outstanding shares of 190.37million with the total market cap of $1.79 billion and its beta value stands at 2.59 times. It has current ratio of 5.57 and its debt-to-equity ratio is 0.38.

Will JNS Continue To Move Higher? Find Out Here

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