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NYSE Stocks In The News.(A)

Investor's Business Daily

| July 02, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Christina Wise

Federated Investors nearly tripled in price in a year, then fell into a base in November 2000. It broke out in late May, climbing as high as 32.77 before lapsing into its current seven-week base. The stock finished the week just 1% short of its old high.

The Pittsburgh-based investment management company provides advisory and administrative services to 138 mutual funds.

Earnings growth has slowed in the last two quarters, falling from 38% to 21% to 17%. The 10 analysts surveyed by First Call expect profit to rise 19% in fiscal 2001 vs. a 34% increase in 2000. Sales growth also has decelerated in recent quarters, slipping from 14% to 8% to 2%.

But the firm's after-tax profit margin stands at 24.3%, its highest point in at least 11 quarters.

ChoicePoint has forged a steady upward path since 1998. In January it ...

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