- Cites principally to negative investment returns as well as net outflows in all distribution channels.

Other headlines for [AB]

• AB 12/21/2008 05:52pm
  Alliance Bernstein Holding L.P. Update: CEO Lewis Sanders to be replaced by Peter Kraus, effective immediately- Peter Kraus was a former co-head of Goldman Sachs Investment Management before briefly serving as VP and Head of Global more...
  
• AB 12/18/2008 11:10pm
  Alliance Bernstein Holding L.P. Cuts stake in Tosoh Corp (4042.JP) to 11.6% from 12.6%- No further details at this time
  
• FII 12/18/2008 12:38pm
  Federated Investors, Inc. Weakness in money market fund managers attributed to record low yields on Treasuries following latest FOMC rate cut
  
• AB 12/17/2008 05:56pm
  Alliance Bernstein Holding L.P. Fitch Revises company's Outlook to Stable from Positive; Affirms IDR at 'A+'- The Outlook revision reflects earnings pressures AB faces in the current market environment. Assets under Management more...
  
• AB 12/10/2008 09:43am
  Alliance Bernstein Holding L.P. CEO: Will not accept 2008 bonus
  

Financials sector headlines

• AGS.UK Today 07:50pm
  Aegis Group Holder Mr. Bollore plotting 90p/share bid for company - FT
  
• CLMS Today 05:13pm
  Calamos Asset Management, Inc Announces it has cut 12% of workforce (about 40 jobs)
  
• LYG Today 04:45pm
  Lloyds TSB Group plc DoJ: Llyods TSB to pay $350M settlement over helping Iran and Sudan gain illegal banking access to US banking- the bank engaged in falsifying records that allowed access to countries that were more...
  
• EQR Today 04:10pm
  Equity Residential To take Q4 impairment charge of $0.39/shr due to reduced development activitiy, could implement more workforce reductions- The impairment charge is the difference between each parcels estimated fair more...
  
• GNW Today 04:05pm
  Genworth Financial Inc OTS: Application to be thrift holding company still pending