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Article: Invesco Reports Results for Three Months Ended September 30, 2009.
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
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Invesco Ltd. (NYSE: IVZ) reported net income of $105.2 million for the quarter ended September 30, 2009 (the quarter ended June 30, 2009: $75.7 million). Diluted earnings per share were $0.24 for the third quarter (second quarter 2009: $0.18). Operating income was $151.6 million for the third quarter (second quarter 2009: $110.4 million).
"As the markets continue to recover, the success of Invesco's disciplined response to last fall's challenging markets is demonstrated by our higher operating income and solid margin improvement," said Martin L. Flanagan, Invesco president and CEO. "This strong competitive position, built on the progress we have made over the ...