Edition:
India

Fiera Capital Corp (FSZ.TO)

FSZ.TO on Toronto Stock Exchange

11.88CAD
9:42pm IST
Change (% chg)

$0.11 (+0.93%)
Prev Close
$11.77
Open
$11.79
Day's High
$11.90
Day's Low
$11.79
Volume
70,495
Avg. Vol
112,763
52-wk High
$13.35
52-wk Low
$10.54

Latest Key Developments (Source: Significant Developments)

Foresters Financial Announces Agreement For Sale Of Its Canadian Asset Management Business To Fiera Capital
Wednesday, 15 May 2019 

May 15 (Reuters) - Fiera Capital Corp ::FORESTERS FINANCIAL ANNOUNCES AGREEMENT FOR SALE OF ITS CANADIAN ASSET MANAGEMENT BUSINESS TO FIERA CAPITAL.FORESTERS FINANCIAL - TERMS OF TRANSACTION WERE NOT DISCLOSED..FORESTERS FINANCIAL - FIERA CAPITAL WILL CONTINUE TO MANAGE A PORTION OF FORESTERS' ASSETS.FORESTERS FINANCIAL - FIERA WILL BE MERGING FORESTERS ASSET MANAGEMENT BUSINESS INTO ITS EXISTING CANADIAN OPERATIONS..  Full Article

Fiera Capital Reports First Quarter 2019 Results
Thursday, 9 May 2019 

May 9 (Reuters) - Fiera Capital Corp ::QTRLY REVENUES OF $142.8 MILLION VERSUS ABOUT $120 MILLION .QTRLY ADJUSTED EARNINGS PER SHARE $0.26 PER SHARE .FIERA CAPITAL REPORTS FIRST QUARTER 2019 RESULTS.QTRLY NET LOSS PER SHARE OF $0.07.  Full Article

Fiera Capital Reports Q1 Adj EPS Of $0.40 Per Share
Thursday, 9 May 2019 

May 9 (Reuters) - Fiera Capital Corp ::FIERA CAPITAL REPORTS FIRST QUARTER 2019 RESULTS.FIERA CAPITAL CORP - QTRLY REVENUES OF $142.8 MILLION VERSUS $22.8 MILLION.FIERA CAPITAL CORP - QTRLY NET LOSS PER SHARE OF $0.07.FIERA CAPITAL CORP - QTRLY ADJUSTED EARNINGS PER SHARE $0.40 PER SHARE.  Full Article

Natixis Investment Managers And Fiera Capital Form Strategic Partnership
Thursday, 9 May 2019 

May 9 (Reuters) - Fiera Capital Corp ::NATIXIS INVESTMENT MANAGERS AND FIERA CAPITAL FORM STRATEGIC PARTNERSHIP.NATIXIS TO ACQUIRE AN 11.0% STAKE IN FIERA CAPITAL FOR C$128.16 MILLION.NATIXIS INVESTMENT MANAGERS CEO JEAN RABY TO JOIN BOARD OF FIERA CAPITAL.FIERA CAPITAL INTENDS TO REPURCHASE FOR CANCELLATION 2.45 MILLION FIERA CLASS A SHARES FROM NATIONAL BANK OF CANADA.LONG-TERM AGREEMENT ESTABLISHES FIERA CAPITAL AS NATIXIS' PREFERRED DISTRIBUTOR IN CANADA.  Full Article

Fiera Capital Qtrly Loss Per Share $0.02
Friday, 22 Mar 2019 

March 22 (Reuters) - Fiera Capital Corp ::FIERA CAPITAL REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS AND ANNOUNCES QUARTERLY DIVIDEND INCREASE.REVENUES FOR Q4 OF 2018, WERE $157.0 MILLION, AN INCREASE OF $15.0 MILLION.ASSETS UNDER MANAGEMENT OF $136.7 BILLION AS AT DEC 31, 2018; UP 6% YEAR OVER YEAR.QTRLY ADJUSTED EARNINGS PER SHARE $0.29.QTRLY LOSS PER SHARE $0.02.Q4 EARNINGS PER SHARE VIEW C$0.27, REVENUE VIEW C$147.4 MILLION -- REFINITIV IBES DATA.  Full Article

Integrated Asset Management To Be Acquired By Fiera Capital
Friday, 22 Mar 2019 

March 22 (Reuters) - Integrated Asset Management Corp ::INTEGRATED ASSET MANAGEMENT ANNOUNCES AGREEMENT TO BE ACQUIRED BY FIERA CAPITAL.INTEGRATED ASSET MANAGEMENT - CONSIDERATION TO BE PAID TO CO HAS $55.5 MILLION IN CASH AND $18.5 MILLION OF FIERA CAPITAL SHARES, OR $2.576 PER IAM SHARE.INTEGRATED ASSET MANAGEMENT CORP - UNTIL CLOSING OF TRANSACTION, IAM WILL CEASE TO PAY ITS REGULAR DIVIDEND.  Full Article

Fiera Capital Acquires 80% Interest In Palmer Capital
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Fiera Capital Corp ::FIERA CAPITAL ACQUIRES 80% INTEREST IN PALMER CAPITAL AS IT FURTHER EXPANDS ITS FOOTPRINT IN EUROPE.DEAL FOR EQUITY VALUE OF £40 MILLION AND AN ENTERPRISE VALUE OF £30 MILLION.TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE.PALMER CAPITAL MANAGEMENT SHAREHOLDERS WILL RETAIN A 20% EQUITY INTEREST IN PALMER CAPITAL..TRANSACTION ADDING SINGLE DIGIT ACCRETION TO ADJUSTED EARNINGS PER SHARE WITHIN FIRST FULL YEAR POST-CLOSING.TRANSACTION WILL INCREASE FIERA CAPITAL'S HEADCOUNT IN UK TO OVER 100.ACQUISITION WILL BE MADE THROUGH FIERA CAPITAL'S WHOLLY OWNED SUBSIDIARY, FIERA PROPERTIES LIMITED.FIERA CAPITAL - PALMER WILL REMAIN INDEPENDENTLY MANAGED BUT WILL BECOME UK ARM OF FIERA PROPERTIES, PART OF FIERA CAPITAL'S ALTERNATIVE ASSET OFFERINGS.PALMER CAPITAL WILL REMAIN INDEPENDENTLY MANAGED BUT WILL BECOME UK ARM OF FIERA PROPERTIES.RAY PALMER, FOUNDER OF PALMER CAPITAL, WILL REMAIN EXECUTIVE CHAIRMAN.ALEX PRICE, CHIEF EXECUTIVE OFFICER, WILL CONTINUE TO RUN DAY TO DAY STRATEGY AND OPERATIONS OF PALMER CAPITAL.PALMER CAPITAL MANAGEMENT SHAREHOLDERS WILL RETAIN A 20% EQUITY INTEREST IN PALMER CAPITAL.  Full Article

Fiera Capital Q4 Revenue $142 Mln, An Increase Of $21 Mln
Friday, 23 Mar 2018 

March 23 (Reuters) - Fiera Capital Corp ::FIERA CAPITAL REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS AND INCREASES ITS QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 5.6 PERCENT.REVENUES FOR Q4 ENDED DECEMBER 31, 2017, WERE $142.0 MILLION, REPRESENTING AN INCREASE OF $21.0 MILLION.‍ ASSETS UNDER MANAGEMENT AMOUNTED TO $128.9 BILLION AS AT DECEMBER 31, 2017, UP 10%, COMPARED TO $116.9 BILLION AS AT DECEMBER 31, 2016​.Q4 EARNINGS PER SHARE C$0.01.Q4 ADJUSTED EARNINGS PER SHARE C$0.32.‍ DECLARED A DIVIDEND OF $0.19 PER CLASS A SUBORDINATE VOTING SHARE AND CLASS B SPECIAL VOTING SHARE OF FIERA CAPITAL​.DECREASE IN NET EARNINGS IN QUARTER IS MAINLY ATTRIBUTABLE TO CHARGE OF $6.0 MILLION RECORDED IN Q4 OF 2017 FOLLOWING US TCJA.  Full Article

Fiera Capital Acquires Investment Firm CGOV Asset Management
Friday, 23 Mar 2018 

March 23 (Reuters) - Fiera Capital Corp ::FIERA CAPITAL ACQUIRES LEADING HIGH-NET-WORTH AND INSTITUTIONAL INVESTMENT FIRM CGOV ASSET MANAGEMENT.FIERA CAPITAL CORP - ‍UNDER TERMS OF ASSET PURCHASE AGREEMENT FOR TRANSACTION, PURCHASE PRICE TOTALS $114.2 MILLION​.FIERA CAPITAL CORP - 42% OF PURCHASE PRICE IS PAYABLE IN CASH ON DEAL CLOSING & 58% IS PAYABLE IN CLASS A SUBORDINATE VOTING SHARES OF FIERA CAPITAL​.FIERA CAPITAL CORP - ‍FIERA CAPITAL CLASS A SHARES WILL BE ISSUED AT A PRICE EQUAL TO $11.91​.FIERA CAPITAL CORP - DEAL IS EXPECTED TO BE MODESTLY ACCRETIVE (LOW TO MID-SINGLE DIGIT) TO ADJUSTED EPS WITHIN FIRST FULL YEAR POST CLOSING​.FIERA CAPITAL CORP - ‍FIERA CAPITAL CLASS A SHARES SHALL BE PLACED IN ESCROW AND RELEASED OVER A FIVE YEAR PERIOD FOLLOWING DEAL CLOSING​.FIERA CAPITAL CORP - CGOV PARTNERS, KEY EMPLOYEES WILL BE JOINING FIERA CAPITAL, TED ECCLESTONE TO LEAD CO'S CANADIAN PRIVATE WEALTH TEAM​.  Full Article

Fiera Capital Announces Bought Deal Financings For Gross Proceeds Of About $150 Mln
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Fiera Capital Corp ::FIERA CAPITAL CORPORATION ANNOUNCES BOUGHT DEAL FINANCINGS FOR GROSS PROCEEDS OF APPROXIMATELY $150 MILLION.FIERA CAPITAL CORP - ENTERED INTO AGREEMENT WITH SYNDICATES OF UNDERWRITERS TO RAISE ON BOUGHT DEAL BASIS ABOUT $150 MILLION IN TOTAL GROSS PROCEEDS.FIERA CAPITAL CORP - INTENDS TO USE NET PROCEEDS OF OFFERINGS TO FUND RECENTLY ANNOUNCED ACQUISITIONS, TO FUND FUTURE ACQUISITIONS, AMONG OTHERS.  Full Article