Market Watch (Free subscription) | 07/10/2009
BOSTON (MarketWatch) -- The Securities and Exchange Commission on Friday said Ameriprise Financial Inc. has agreed to pay $17.3 million to settle charges it received undisclosed compensation for selling real estate investment trusts to its clients. Ameriprise has settled without admitting or denying the findings, said the SEC, adding its investigation is continuing. Ameriprise shares were off 1% in...
Market Watch (Free subscription) | 06/12/2009
SAN FRANCISCO (MarketWatch) -- Ameriprise Financial Inc. said late Thursday it has priced its public offering of 36 million shares of common stock at $25 a share. The financial services company said in a statement that the roughly $868.5 million in proceeds from the offering, which is expected to close June 17, will be used for general purposes and "to take advantage of acquisition opportunities...
Market Watch (Free subscription) | 06/09/2009
SAN FRANCISCO (MarketWatch) -- Ameriprise Financial Inc. said late Tuesday it plans a $900 million secondary stock offering for general corporate purposes and possible acquisitions. Underwriters will get a 30-day option of up to 15% in additional shares to cover over-allotments. Shares of Ameriprise fell 5.6% to $26.80 in after-hours activity. Market Pulse Stories are Rapid-fire, short news bursts...
Market Watch (Free subscription) | 05/29/2009
NEW YORK (MarketWatch) -- Ameriprise Financial Inc. (AMP) is looking at merger-and-acquisition opportunities, which are coming about more and more in the market, said Chief Executive James Cracchiolo at the Sanford C. Bernstein Strategic Decisions conference Friday.
Business Wire (Free subscription) | 05/26/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A-' rating to Ameriprise Financial Inc.'s (AMP) issuance of retail senior unsecured debt due in 2039. The debt issuance has no effect on AMP's existing ratings.
Business Wire (Free subscription) | 03/27/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Ameriprise Financial Inc. (AMP) at 'A' and the insurer financial strength (IFS) ratings of AMP and its primary life insurance
The Minneapolis/St. Paul Business Journal (Free subscription) | 03/09/2009
Ameriprise Financial Inc. Chairman and CEO James Cracchiolo got paid 48 percent less in 2008 than in the previous year, according to a report by the Associated Press.
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