MutualFundWire.com: Janus' Q3 Net Tumbles 68 Percent
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Thursday, October 22, 2009

Janus' Q3 Net Tumbles 68 Percent


Janus Capital Group recorded third quarter net income of $8.2 million, down 68.4 percent from $26 million in the year-ago period. The just-finished quarter included $12.1 million in severance charges tied to ex-CEO Gary Black and $20.5 million in legal settlements paid to former employees.


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