Last $50.34 USD
Change Today +2.22 / 4.61%
Volume 30.7K
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As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

gamco investors inc-a (GBL) Key Developments

GAMCO Investors, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

GAMCO Investors, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenue of $86,181,000 compared to $81,749,000 a year ago. Operating income before management fee was $34,707,000 compared to $31,196,000 a year ago. Income before management fee and income taxes was $39,855,000 compared to $41,906,000 a year ago. Income before income taxes was $35,875,000 compared to $37,722,000 a year ago. Net income was $22,680,000 compared to $23,966,000 a year ago. Net income attributable to company was $22,545,000 or $0.88 basic and diluted per share compared to $23,836,000 or $0.90 basic and diluted per share a year ago. Operating income was $30,727,000 compared to $27,012,000 a year ago. Net cash outflows were $13 million. The 2013 quarter was favorably impacted by the absence of stock-based compensation, which totaled $0.9 million in the 2012 quarter, as all restricted stock awards were accelerated in the fourth quarter of 2012.

GAMCO Investors, Inc. Approves Quarter Dividend, Payable on June 25, 2013

GAMCO Investors, Inc. announced that its Board of Directors approved a quarterly dividend of $0.05 per share to all of its Class A and Class B shareholders, payable on June 25, 2013 to its Class A and Class B shareholders of record on June 11, 2013.

GAMCO Investors, Inc., Annual General Meeting, May 07, 2013

GAMCO Investors, Inc., Annual General Meeting, May 07, 2013., at 08:30 US Eastern Standard Time. Location: Indian Harbor Yacht Club. Agenda: To elect seven directors to the board of directors; to ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the year ending December 31, 2013; to vote, on an advisory basis, on whether the company’s board of directors should consider the conversion and reclassification of shares of Class B Common Stock into Class A Common Stock at a ratio in the range between 1.15 to 1.25 shares of Class A Common Stock for each share of Class B Common Stock; and to vote on any other business that properly comes before the meeting.

GAMCO Investors, Inc. Presents at Merrill Lynch & Co., Inc.'s 2013 Smid Cap Conference, May-08-2013 01:10 PM

GAMCO Investors, Inc. Presents at Merrill Lynch & Co., Inc.'s 2013 Smid Cap Conference, May-08-2013 01:10 PM. Venue: The Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States. Speakers: Howard Frank Ward, Director of Growth Products and Member of Gabelli Global Growth Funds Portfolio Management Team, Kieran Caterina, Co-Chief Accounting Officer, Vice President and Finance Director.

GAMCO Investors, Inc. Approves Quarterly Dividend, Payable on March 26, 2013

GAMCO Investors, Inc. announced that its Board of Directors approved a quarterly dividend of $0.05 per share to all of its Class A and Class B shareholders, payable on March 26, 2013 to its Class A and Class B shareholders of record on March 12, 2013.

 

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TEV/Sales 1.5x
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