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Janus Capital Group Inc (JNS.N)

JNS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Janus Capital Group Q4 adjusted earnings per share $0.20
Tuesday, 24 Jan 2017 07:00am EST 

Janus Capital Group Inc : Janus Capital Group Inc announces fourth quarter and full-year 2016 results . Q4 earnings per share $0.17 . Q4 earnings per share view $0.24 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.20 . Q4 revenue $251.4 million . Janus Capital Group Inc says average assets under management during Q4 2016 were $191.9 billion compared with $195.6 billion during Q3 2016 .Janus Capital Group Inc says on December 31, 2016, JCG's assets under management totaled $194.5 billion compared with $195.1 billion on September 30, 2016.  Full Article

VelocityShares launches new 3X leveraged long and inverse oil ETNs
Thursday, 8 Dec 2016 04:05pm EST 

VelocityShares : VelocityShares launches new 3X leveraged long and inverse oil ETNs . New ETNs are being launched in order to provide investors with alternative securities to VelocityShares ETNs UWTI and DWTI, which are being delisted from trading . The ETNs are issued by Citigroup Global Markets Holdings Inc. and guaranteed by Citigroup Inc Further company coverage: [JNS.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Janus Capital Group Q3 earnings per share $0.22
Tuesday, 25 Oct 2016 07:00am EDT 

Janus Capital Group Inc : Janus Capital Group Inc announces third quarter 2016 results . Q3 earnings per share $0.22 . Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Q3 adjusted earnings per share $0.24 . Q3 revenue $258.9 million . Average assets under management during Q3 2016 were $195.6 billion compared with $189.3 billion during Q2 2016 .Janus capital group - at Sept 30, 2016, JCG's complex-wide assets totaled $198.9 billion versus $194.7 billion at June 30, 2016, and $185.0 billion at Sept 30, 2015.  Full Article

Janus Capital Group Inc, Henderson Group agree to merge
Monday, 3 Oct 2016 02:51am EDT 

Janus Capital Group : Janus Capital Group Inc. and Henderson Group Plc announce recommended merger of equals . Merger will be effected via a share exchange with each share of Janus common stock exchanged for 4.7190 newly issued shares in Henderson . Combined group, Janus Henderson Global Investors Plc, will have AUM of more than $320 billion . Henderson and Janus shareholders are expected to own approximately 57 pct and 43 pct respectively . Deal to result in annual run rate net cost synergies of at least $110 million . Combined group will apply for admission to trade on NYSE as its primary listing, retaining Henderson`s existing listing on ASX . Merger is currently expected to close in Q2 of 2017, . Synergies expected to drive double digit accretion to both companies` earnings per share in first 12 months following closing . Henderson directors consider merger to be in best interests of Henderson and Henderson shareholders as a whole . Co was advised by unit of Loeb Partners Corp and Skadden, Arps, Slate, Meagher And Flom Llp and affiliates. . Board of Janus Henderson Global Investors is expected to continue to operate a progressive dividend policy . 25 million stg share buyback of Henderson shares, scheduled to take place in second half of 2016, will no longer take place . Janus` largest shareholder, Dai-Ichi Life (Dai-Ichi), has committed to supporting merger.  Full Article

Henderson CEO says merger with Janus means businesses can grow faster
Monday, 3 Oct 2016 02:30am EDT 

Henderson Global Investors : Ceo andrew formica says of merger with janus "there is overlap in both our businesses...potential for businesses to grow even faster" . Ceo andrew formica says janus henderson global investors will have london hq, but maintaining third listing in london "doesn't make sense" .Ceo andrew formica says merger talks started at beginning of year, not affected by brexit vote.  Full Article

Janus Capital Group Inc Q2 earnings $0.21/share
Tuesday, 26 Jul 2016 07:00am EDT 

Janus Capital Group Inc : Janus Capital Group Inc. announces second quarter 2016 results . Q2 earnings per share $0.21 . Q2 earnings per share view $0.22 -- Thomson Reuters I/B/E/S . Q2 revenue $251.9 million . Q2 revenue view $256.0 million -- Thomson Reuters I/B/E/S . Average assets under management during Q2 2016 were $189.3 billion compared with $180.2 billion during Q1 2016 . At June 30, 2016, JCG's complex-wide assets totaled $194.7 billion compared with $191.3 billion at March 31, 2016 .At June 30, 2016, JCG's complex-wide assets totaled $194.7 billion versus $191.3 billion at March 31, 2016, and $192.5 billion at June 30.  Full Article

LongTail Alpha announces sale of minority interest
Thursday, 30 Jun 2016 04:00pm EDT 

LongTail Alpha LLC : LongTail Alpha announces sale of minority interest . Janus Capital Group Inc has taken a minority interest in firm . Terms of investment agreement were not disclosed .Firm intends to run at least two investment strategies, a "OneTail Hedge" strategy and a "TwoTail Alpha" strategy.  Full Article

Janus Capital Group Inc announces pricing of 10-year senior notes
Tuesday, 28 Jul 2015 05:23pm EDT 

Janus Capital Group Inc:Priced its underwritten public offering of $300 million aggregate principal amount of its 4.875% senior notes due August 1, 2025.Company expects to use the net proceeds, together with other funds available, to repurchase, including by redemption or otherwise, the outstanding $344.5 million of 6.700% Notes due 2017.Pending such use, it expects to use the proceeds for general corporate purposes, including increased investments in existing subsidiaries or affiliates, investments in developing products and the payment of fees and expenses related to this offering.Offering is expected to close on or about July 31, 2015, subject to the satisfaction of customary closing conditions.J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.Merrill Lynch, Pierce, Fenner & Smith Incorporated is acting as senior co-manager for the offering.HSBC Securities (USA) Inc. and SMBC Nikko Securities America, Inc. are acting as co-managers for the offering.  Full Article

Janus Capital Group Inc acquires majority interest Kapstream Capital
Wednesday, 1 Jul 2015 08:00am EDT 

Janus Capital Group Inc:Closes the acquisition of a majority interest in Kapstream Capital Pty Limited.Transaction includes an initial upfront cash consideration of about $85 million.Janus Capital has the option to purchase the remaining 49% interest in the future.  Full Article

Janus Capital Group declares regular quarterly cash dividend
Thursday, 23 Apr 2015 07:00am EDT 

Janus Capital Group Inc:On April 16 declares regular quarterly cash dividend of $0.09 per share.The quarterly dividend will be paid on May 22, to stockholders of record at the close of business on May 8.  Full Article

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Janus fund manager says may exit four-year bet against euro

LONDON, Feb 21 A big bond fund's bet against the euro that has stood since 2013 could be removed later this year if Europe navigates its way through political tests in the likes of France and Germany.