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Ameriprise Financial Inc. (AMP) Is Up Sharply Following Q1 Report

Ameriprise Financial Inc. (AMP: Quote) reported first quarter operating earnings of $1.45 per share after the close Monday, compared to $1.33 per share in the previous year. Net income from continuing operations came in at $1.06 per share, compared to $1.21 per share last year. The stock is now up 5.53 on 52K shares.

Ameriprise Financial gapped open lower Monday, but was range-bound throughout the session. The stock closed down by 0.61 at $52.84 and set a 2 1/2 month low.

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by RTT Staff Writer

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