EdgeWater 1/21/2011 11:24:18 PM
News / Business

Asset Management Stocks To Watch (The Bank of New York, The Blackstone, IVZ, ACAS)

Asset Management Stocks To Watch

The Bank of New York Mellon Corporation (NYSE:BK) surged 0.48% to $31.63. The Bank of New York Mellon Corporation is a global financial services company.

The stock has average daily volume of 6.56 million shares. At today`s closing market price, the market capitalization of the company stands at $39.24 billion.

The Blackstone Group L.P. (NYSE:BX) added 1.39% to $15.33. The Blackstone Group L.P. is a manager of private capital and provider of financial advisory services.

The stock opened at $15.03 and was trading within the range of $14.71-$15.34.

Invesco Ltd. (NYSE:IVZ) fell 2.72% to $23.92. Invesco Ltd. is an independent global investment management company. Invesco provides a range of investment products for retail, institutional and high-net-worth clients worldwide.

The stock has a 52-week range of $16.37-$29.94. The stock has average daily volume of 3.97 million shares. At today`s closing market price, the market capitalization of the company stands at $11.05 billion.

American Capital Ltd. (NASDAQ:ACAS) ended at $8.04, 1.23% lower. American Capital, Ltd. is an equity firm and a global asset manager.

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