Invesco Ltd. (IVZ) Reports In-Line Q3 EPS, Revenues Miss; Acquires OppenheimerFunds from MassMutual and Initiates $1.2B Buyback

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Invesco (IVZ) PT Raised to $29 at Deutsche Bank Following Oppenheimer Deal Announcement

October 19, 2018 8:13 AM EDT

Deutsche Bank analyst Brian Bedell raised the price target on Invesco (NYSE: IVZ) to $29.00 (from $27.00) while maintaining a Buy rating.

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Invesco (IVZ) PT Lowered to $30 at RBC Capital

October 19, 2018 6:59 AM EDT

RBC Capital analyst Kenneth Lee lowered the price target on Invesco (NYSE: IVZ) to $30.00 (from $35.00) while maintaining a Outperform rating.

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Invesco Ltd. (IVZ) Reports In-Line Q3 EPS

October 18, 2018 6:59 AM EDT

Invesco Ltd. (NYSE: IVZ) reported Q3 EPS of $0.66, in-line with the analyst estimate of $0.66. Revenue for the quarter came in at $1.34 million versus the consensus estimate of $1.4 million.

For earnings history and earnings-related data on Invesco Ltd. (IVZ) click here.

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Invesco Ltd. (IVZ) Announces Combination with OppenheimerFunds and $1.2 Billion Common Stock Buyback Program

October 18, 2018 6:57 AM EDT

Invesco Ltd. (NYSE: IVZ) today announced a combination with OppenheimerFunds, a strategic partnership with Massachusetts Mutual Life Insurance Company (MassMutual) and a $1.2 billion common stock buyback program. Invesco also reported financial results for the three months ended September 30, 2018.

"The combination with OppenheimerFunds and the strategic partnership with MassMutual will meaningfully enhance our ability to meet client needs, accelerate growth and strengthen our business over the long term," said Martin L. Flanagan, President and CEO of Invesco. "This is a compelling, highly strategic and accretive transaction for Invesco that will help us achieve a... More