Ameriprise
Ameriprise beats estimate, raises advisor headcount and dividendPosted by RJ and Makay on Apr 24, 2012 |
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Ameriprise Financial reported first-quarter 2012 operating earnings of $335 million, or $1.45 per diluted share, down from $344 million, or $1.33 per diluted share a year ago. Net income from continuing operations was $245 million, or $1.06 per diluted share, compared to $312 million, or $1.21 per diluted share for Q1 2011. The earnings beat analysts’ estimates of $1.38 per share.
Birth order has a lot to do with one’s finances, how a person manages money and one’s credit score, says Derrick Kinney, an Ameriprise financial advisor at Derrick Kinney and Associates in Arlington Texas. Birth order can also affect the amount of debt one accrues, according to Kinney. He recommends that people should temper their traits to realistically attain short-term and long-term goals.
Ameriprise Financial, JPMorgan Chase and State Street Corp. are among the final bidders toward the purchase of Deutsche Bank AG’s asset management division, according to inside sources. Deutsche Bank had announced in November that it was mulling the sale of several of its asset management businesses and cited new regulations, rising competition and costs as key factors behind their decision.
