News: Man Group PLC (EMG.L)

EMG.L on London Stock Exchange

100.30GBp
9:01am EDT
Price Change (% chg)

2.30p (+2.35%)
Prev Close
98.00p
Open
99.15p
Day's High
100.40p
Day's Low
99.15p
Volume
3,283,184
Avg. Vol
9,473,757
52-wk High
136.00p
52-wk Low
76.35p

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Thu, Feb 27 2014

Man Group shares soar on earnings, dividend hike, share buyback

LONDON - Hedge fund firm Man Group announced a share buyback and bumped up its dividend on Thursday, sending its stock price soaring, after it drew more new investment in the last quarter of 2013 that help it beat full-year profit forecasts.

UPDATE 2-Man Group shares soar on earnings, dividend hike, share buyback

* Q4 net inflows match Q3; pretax a beat on cost-cuts, fees

MOVES-Credit Suisse, Man Group, BNY Mellon, Westpac Institutional

Nov 21 - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com.

Man Group ends run of client exits with $700 million net inflow

LONDON - Hedge fund firm Man Group ended two years of client withdrawals with a surprise inflow of new money in the third quarter, helped by strong performance from its stock-picking GLG unit as equity markets rallied this year.

UPDATE 2-Man Group ends run of client exits with $700 mln net inflow

LONDON, Oct 17 - Hedge fund firm Man Group ended two years of client withdrawals with a surprise inflow of new money in the third quarter, helped by strong performance from its stock-picking GLG unit as equity markets rallied this year.

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