25.07.2013 14:00:00

AUM Updates, Debt Pricing, Product Launches and Strong Financial Results - Research Report on Invesco, Legg Mason, Nationstar, Lazard, and Greenhill

NEW YORK, July 25, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Invesco Ltd. (NYSE: IVZ), Legg Mason, Inc. (NYSE: LM), Nationstar Mortgage Holdings Inc. (NYSE: NSM), Lazard Ltd (NYSE: LAZ) and Greenhill & Co., Inc. (NYSE: GHL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Invesco Ltd. Research Report

On July 17, 2013, Invesco Ltd. (Invesco) announced that it will release its Q2 2013 financial results on July 31, 2013 at 7:30 a.m. ET. On the same day, a conference call will be hosted by the Company at 9:00 a.m. ET to discuss the results. On July 10, 2013, the Company reported preliminary month-end assets under management (AUM) of $705.6 billion, representing a decrease of 3.3% MoM. According to Invesco, the decrease was primarily due to unfavorable market returns, declines in money market AUM, and negative long-term flows. Preliminary average total AUM for Q2 2013 were $719.8 billion, and preliminary average active AUM for Q2 2013 were $593.9 billion. The Full Research Report on Invesco Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7116_IVZ]

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Legg Mason, Inc. Research Report

On July 11, 2013, Legg Mason, Inc. (Legg Mason) reported preliminary assets under management (AUM) of $645 billion as of June 30, 2013. The Company said that foreign exchange reduced AUM by approximately $1 billion for the month of June 2013. In other news dated July 9, 2013, the Company announced that it will release its Q1 FY 2014 operating results on July 25, 2013, in a press release that will be issued at approximately 7:00 a.m. EDT. The press release will be available on the Company's website. On the same day, Legg Mason will hold a conference call at 8:00 a.m. EDT to discuss the Company's results, which will be hosted by President and CEO Joseph A. Sullivan. The Full Research Report on Legg Mason, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0d5b_LM]

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Nationstar Mortgage Holdings Inc. Research Report

On July 17, 2013, Nationstar Mortgage Holdings Inc. (Nationstar) announced the pricing of $250 million aggregate principal amount of 6.5% Senior Notes due 2018 offered by Nationstar's wholly-owned subsidiaries Nationstar Mortgage LLC and Nationstar Capital Corporation, in an underwritten public offering. According to the issuers, net proceed from the offering will be used for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties. The Full Research Report on Nationstar Mortgage Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e9a6_NSM]

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Lazard Ltd Research Report

On July 9, 2013, Lazard Ltd (Lazard) announced the launch of the Lazard Explorer Total Return Portfolio, which utilizes a flexible, total return investment strategy to provide clients with strong risk-adjusted returns over a full market cycle. "The Portfolio takes an unconstrained approach to emerging markets debt investing, looking for the best risk-adjusted returns across the asset class," said Denise Simon, Managing Director and Portfolio Manager on Lazard's Emerging Markets Debt team. "Despite the uncertainty of today's markets, we believe there are compelling valuation opportunities across the asset class. The Portfolio's approach offers the flexibility needed to take advantage of them," added Arif Joshi, Portfolio Manager. The Full Research Report on Lazard Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3d24_LAZ]

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Greenhill & Co., Inc. Research Report

On July 17, 2013, Greenhill & Co., Inc. reported its Q2 2013 financial results, with total revenues of $86.7 million, net income allocated to common stockholders of $15.5 million, and diluted EPS of $0.52. This compared to total revenues of $47.3 million, net income allocated to common stockholders of $2.2 million, and diluted EPS of $0.07 in Q2 2012. "We are pleased with our quarterly and first half results relative to what has continued to be a very difficult transaction environment. And we remain on track to achieve each of our four ongoing objectives again this year: increasing market share, maintaining the highest profit margin among our peers, paying a strong dividend, and maintaining a flat or declining share count," said Robert F. Greenhill, Chairman of the Company. "We particularly benefited in the first half from a larger number of lead roles on major transactions, resulting in more large fees compared to last year." The Full Research Report on Greenhill & Co., Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c38d_GHL]

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