Mr. Marc Irizarry

• 
  www.denverpost.com/ci_9983578?source=rssfeeddigest - [Cached Version]
  Published on: 7/24/2008    Last Visited: 7/24/2008  

  "The company's leading investment performance is driving continued strength in flows, which should support assets under management growth in today's volatile markets," Goldman Sachs analyst Marc Irizarry wrote in a research note.
  
  Irizarry estimated Janus Capital would earn 30 cents per share, excluding the one-time tax benefit.

• 
  www.thedisciplinedinvestor.com/blog/category/short-idea - [Cached Version]
  Published on: 12/10/2008    Last Visited: 6/2/2009  

  Goldman Sachs Group Inc. analyst Marc Irizarry cut his rating to "Sell" from "Neutral," noting that T. Rowe Price's current premium compared with its brokerage peers is unsustainable during the current economic conditions. Irizarry said T. Rowe Price's price-to-earnings ratio is at a 60 percent premium to its peers, compared with a historical 20 percent premium.
  
  Net outflows - customers withdrawing funds - declining investment performance and shrinking operating margins are all likely to weigh on T. Rowe Price's performance in the coming quarters, Irizarry wrote in a research note.
  
  Rising unemployment will pressure the company's retail business and 401(k) flows as well, Irizarry said.

• 
  biz.yahoo.com/ap/081022/blackrock_mover.html?.v=1 - [Cached Version]
  Published on: 10/22/2008    Last Visited: 10/22/2008  

  Meanwhile, Goldman Sachs analyst Marc Irizarry cut his price target to $167 from $195 and reduced his profit forecasts for this year, to $7.39 from $7.71, and for next year, to $7.35 from $8.
  
  Irizarry, who kept a "Buy" rating on the stock, said "tough market conditions and stubbornly high '09 consensus estimates imply that the stock could remain under pressure near-term.

• 
  biz.yahoo.com/ap/081014/affiliated_managers_group_ahead - [Cached Version]
  Published on: 10/14/2008    Last Visited: 10/14/2008  

  NEW YORK (AP) -- Goldman Sachs & Co. analyst Marc Irizarry on Tuesday reduced his earnings estimates and price targets on a handful of asset managers, citing expectations for a decline in assets under management.
  
  "In light of unprecedented volatility and global market deterioration, the group is expected to start 2009 with assets under management down 15 percent year over year, which will clearly weigh on earnings," Irizarry wrote in a note to clients.
  
  Irizarry reduced 2009 earnings-per-share estimates on the group by an average of 26 percent and the price targets by an average of 25 percent.
  
  Additionally, Irizarry downgraded Affiliated Managers Group Inc. to "Neutral" from "Buy."
  
  "Although we continue to think Affiliated Managers is uniquely positioned to capture share via acquisitions, market volatility poses challenges to pursue deals, while many of the firm's existing affiliates are facing headwinds," Irizarry wrote.
  
  Meanwhile, Irizarry upgraded Invesco Ltd. to "Buy" from "Neutral," noting the firm's diversified base of assets under management.A recent sell-off in Invesco shares has also created an attractive entry point, Irizarry said.Invesco shares have fallen nearly 39 percent in the past three weeks.

• 
  birmingham.bizjournals.com/birmingham/othercities/balti - [Cached Version]
  Published on: 12/9/2008    Last Visited: 12/14/2008  

  Goldman Sachs Group Inc. analyst Marc Irizarry cut his rating to "sell" from "neutral." If, as Irizarry predicts, T. Rowe (NASDAQ: TROW) sees net outflows — a mutual fund industry term for cash leaving funds — exceeding inflows.

• 
  www.pionline.com/apps/pbcs.dll/article?AID=/20081208/PR - [Cached Version]
  Published on: 12/8/2008    Last Visited: 12/9/2008  

  In a recent note to investors about his ,neutral, recommendation on the stock, Marc Irizarry, an analyst with Goldman Sachs & Co., New York, cited the prospect of accelerated outflows and the likelihood that market volatility would both hurt AMG's chances of making new acquisitions and depress its performance-fee revenue.

• 
  www.pionline.com/apps/pbcs.dll/article?AID=/20071029/PR - [Cached Version]
  Published on: 10/29/2007    Last Visited: 11/12/2007  

  "For these larger, more diversified managers, the key will be driving some of these new cash clients into other assets classes in their product mix," said Marc Irizarry, an analyst covering publicly traded asset managers at Goldman Sachs Group Inc., New York.

• 
  www.smartmoney.com/barrons/index.cfm?story=20080724-t-r - [Cached Version]
  Published on: 7/24/2008    Last Visited: 7/25/2008  

  "They manage their capacity very well," says Goldman Sachs analyst Marc Irizarry, who has a Neutral rating on the company, though his 12-month target is 60, or about 10% above recent levels.

• 
  www.smartmoney.com/undertheradar/index.cfm?story=200801 - [Cached Version]
  Published on: 1/16/2008    Last Visited: 1/17/2008  

  This bodes particularly well for firms with strong performance in growth fund categories," argued Goldman Sachs analyst Marc Irizarry in a Jan. 10 research note.
  
  MORE ON STOCKS FROM SMARTMONEY.COM What You Need to Know About Sovereign Wealth FundsCalamos Poised to Profit From Growth TrendIntel Forecast Blamed on PC Trends
  
  Calamos's Growth fund and its Growth and Income fund (CVTRX) have produced average annual returns of about 16% over the past 10 years, earning five-star ratings from Morningstar.The Growth fund has gravitated toward attractive tech stocks such as Google (GOOG), Apple (AAPL) and Research in Motion (RIMM).

• 
  biz.yahoo.com/ap/080522/eaton_vance_mover.html?.v=1 - [Cached Version]
  Published on: 5/22/2008    Last Visited: 5/22/2008  

  Goldman Sachs analyst Marc Irizarry increased his 2009 and 2010 earnings estimates for Eaton Vance, saying its fundamentals continue to improve, led by organic growth rates and "increased momentum" in its separately managed accounts division.
  
  Irizarry raised his 2009 estimate to $2.15 per share from $2.03 per share.He raised his 2010 estimate to $2.40 per share from $2.37.His third and fourth-quarter estimates remained the same at 48 cents per share and 49 cents per share, respectively.
  
  Email Story

Page:  1 2 3 4 5