beat earnings expectations, despite falling earnings. Yesterday the Pittsburgh-based mutual fund firm reported
third quarter 2010 earnings of $0.42 per diluted share, down from $0.56 in Q3 2009 but more than 10 percent above analysts' estimates of $0.38, Reuters reports
Federated's AUM climbed from $336.8 billion on June 30 to $341.3 billion on September 30.
Neil Anderson, Managing Editor
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