- Top Southwest Airlines shareholder supports activist campaign to oust CEO and executive chairman. - Artisan Partners urges board to upgrade company's leadership, agrees with Elliott Management's points. - Artisan, owning 1.8% stake in Southwest, has been involved since 2001. - Elliott seeks comprehensive business review and removal of current leadership. - Southwest facing pressure from shareholders and activist campaign. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Industry News
- Artisan Partners Asset Management Inc. reported $155.7 billion in AUM, a 2.9% decline. - Artisan Funds and Artisan Global Funds accounted for $75.5 billion of the total AUM. - APAM's total AUM has seen 5-year CAGR of 9.3% and expects growth. - APAM focuses on improving and adding investment strategies to support AUM growth. - Net revenues for APAM saw a CAGR of 3.3% in the last five years. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Industry News
- Artisan Partners Asset Management reported Q1 earnings of $0.76 per share, missing estimates. - Revenue for the quarter was $264.4 million, beating estimates by 0.68%. - Company has outperformed consensus estimates two times in the last four quarters. - Management commentary on earnings call will influence stock's immediate price movement. - Stock has lost 3.7% year-to-date, underperforming the S&P 500. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
