Financial News for Ameriprise Financial, Incorporated (AMP)
| AMP | 3/15/2010 6:40PM | 52 Week Price Range | Market Capitalization | Dividend Yield | Recent Dividend |
|---|---|---|---|---|---|
| $43.45 | $19.76 — $43.58 | $11.1 Billion | 1.60% | $0.68 |
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Ameriprise Financial, Incorporated is in the news. Find out how this impacts AMP trading on Ockham Research.
Billion of total assets now, the eighth largest fund manager in the united states. And so we feel that it really transforms our asset management business and really integrates it further into the earnings power of AMERIPRISE. >> not quite doubling your size, but close. And are there some things that you can -- some overlap, some synergies you can find -- there >> yes. >> it's the same business you're running here, right? First of all, the deal actually helps us strengthen our distribution capabilities. It gives us a good long-term agreement with bank of america and their affiliates to distribute product through their channels, enhances financial institution operations, full range of product capabilities for both equity and fixed income for both the retail as well as high net worth investor. And from a perspective of the company, it really will continue to strengthen our product line, good performance as well as the investment talent in both fixed income equities as well as from a perspective of having a broad base of distribution capabilities now.
yes.
it's the same business you're running here, right? First of all, the deal actually helps us strengthen our distribution capabilities. It gives us a good long-term agreement with bank of america and their affiliates to distribute product through their channels, enhances financial institution operations, full range of product capabilities for both equity and fixed income for both the retail as well as high net worth investor. And from a perspective of the company, it really will continue to strengthen our product line, good performance as well as the investment talent in both fixed income equities as well as from a perspective of having a broad base of distribution capabilities now. ” Squawk Box Sep 30, 2009 8:07 AM
- Since this tidbit appeared on Squawk Box on Wednesday, September 30, 2009, Ameriprise Financial, Incorporated has had a pretty decent run trading up 29.93%.
- In addition to information about Ameriprise Financial, Incorporated, 19 other stocks were also mentioned. The full recap of all the stocks talked about on Squawk Box are also available.
- You can visit the Squawk Box recap page for the full RazorWire including 3 more slices of stories about Ameriprise Financial, Incorporated.
- There have been 4 mentions of Ameriprise Financial, Incorporated AMP since being mentioned on Squawk Box on Wednesday, September 30, 2009. Ockham details all of the news on Ameriprise Financial, Incorporated on our AMP Financial News page.