EV News and Press, Eaton Vance Corporation From 10/14/20

The SPDR Financial Sector ETF ([[XLF]], -0.4%) is lower, with another day of disappointment in commercial banking outweighing the enthusiasm for investment banking strength.Wells Fargo ([[WFC]], -5.1%) is bringing up the rear in XLF, followed by Bank of America ([[BAC]], -4.1%)...

Waddell & Reed (WDR) is popping higher amid chatter that it could be next asset manager snapped up by a big bank.WDR stock +6.2%, hitting a 52-week high at $18 earlier.Reports cite DealReporter that Waddell & Reed could be in the sights of JPMorgan Chase (JPM). There is no commen...

Parametric Announces Retirement of Jay Strohmaier, Managing Director, Investment Strategy, of Minneapolis Investment Center Alex Zweber appointed to replace Mr. Strohmaier PR Newswire SEATTLE, Oct. 14, 2020 SEATTLE , Oct. 14, 2020 /PRNewswire/ -- Par...

As of Sep. 30, 2020, Eaton Vance (EV) reported consolidated assets under management of $517B vs. $507.4B on July 31, 2020.Investment-vehicle wise, funds increased to $182B vs. $176.2B earlier; investment mandate-wise equity and fixed income stood at $135.5B (vs. $133B) and $72.1B (vs. $6...

Eaton Vance Corp. Reports September 30, 2020 Assets under Management PR Newswire BOSTON, Oct. 14, 2020 BOSTON , Oct. 14, 2020 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) today reported consolidated assets under management of $517.0 billion on Sept...

Morgan Stanley 's (NYSE: MS) acquisition of Eaton Vance (NYSE: EV) is the bank's second big move of 2020, after it acquired E*Trade earlier in the year. Morgan Stanley has spent $20 billion combined on both deals as it looks to transition from a longtime investment banking p...

Merger activity decreased last week with four new deals announced. The acquisition of MyoKardia by Bristol Myers Squibb Company. The acquisition of Eaton Vance by Morgan Stanley. For further details see: Merger Arbitrage Mondays - Bristol Myers Squibb...

Financial earnings will dominate the current week as the sector tries to break out of its malaise that made it an underperformer throughout the summer’s recovery rally.JPMorgan Chase (JPM) and Citigroup (C) will report results ahead of the bell Tuesday. Goldman Sachs (GS), Bank of Amer...

The market turns bullish as Morgan Stanley goes on buying spree with the latest purchase of asset manager Eaton Vance (EV) in a $7B cash-and-stock deal.Eaton Vance +48%. Most asset management firms rise, with 180 Degree Capital (TURN) up 5.3%. By names, Sculptor Capital Managem...

The investment bank Morgan Stanley (NYSE: MS) said it will acquire the Boston-based investment management firm Eaton Vance (NYSE: EV) in a part-cash, part-stock deal valued at roughly $7 billion. Morgan Stanley will pay Eaton shareholders $28.25 per share in cash and 0.5...