Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that it will issue its financial results for the quarter ended , 2009 and the full year of 2009 after market hours on , 2010. The company also announced that it will host a conference call and webcast to discuss these financial results with investors and analysts on , 2010 at 5 pm EST The conference call will include prepared remarks by Noah Gottdiener, chairman and chief executive officer, and Jacob Silverman, chief financial officer 
Share:  <span class="sent">Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that it will issue its financial results for the quarter ended , 2009 and the full year of 2009 after market hours on , 2010. </span> The company also announced that it will host a conference call and webcast to discuss these financial results with investors and analysts on , 2010 at 5 pm EST The conference call will include prepared remarks by Noah Gottdiener, chairman and chief executive officer, and Jacob Silverman, chief financial officer Tweet this 

Duff & Phelps' reported first quarter revenues declined by 4% year over year to $89 million, largely because of a precipitous drop in mergers and acquisitions activity in recent months. However, the company's counter and noncyclical businesses grew by more than 50%, partially offsetting the 25% decline in revenue from the M&A related business. Corporate finance consulting, which includes portfolio valuation, witnessed a strong demand for its services (18% growth in revenue) as hedge funds and private equity firms hired Duff & Phelps to provide independent valuation assessments of their portfolio companies. 
Share:  <span class="sent"><span class="company">Duff & Phelps</span>' reported first quarter revenues declined by 4% year over year to $89 million, largely because of a precipitous drop in mergers and acquisitions activity in recent months. </span> However, the company's counter and noncyclical businesses grew by more than 50%, partially offsetting the 25% decline in revenue from the M&A related business. Corporate finance consulting, which includes portfolio valuation, witnessed a strong demand for its services (18% growth in revenue) as hedge funds and private equity firms hired <span class="company">Duff & Phelps</span> to provide independent valuation assessments of their portfolio companies. Tweet this 

Duff & Phelps Corp raised $97.5 million in a public offering of Class A common shares Wednesday, more than half of which will be funneled to the two private equity firms that have long controlled it. The New York based financial services company said it will use $51.6 million of the proceeds to redeem a portion of the Class A units held by Vestar Capital Partners and Lovell Minnick Partners LLC. This is a free preview of the content available in The Deal Pipeline. 
Share:  <span class="sent"><span class="company">Duff & Phelps</span> Corp raised $97.5 million in a public offering of Class A common shares Wednesday, more than half of which will be funneled to the two private equity firms that have long controlled it. </span> The New York based financial services company said it will use $51.6 million of the proceeds to redeem a portion of the Class A units held by Vestar Capital Partners and Lovell Minnick Partners LLC. This is a free preview of the content available in The Deal Pipeline. Tweet this 

We are changing our fair value uncertainty rating for Duff & Phelps DUF to medium from high. We had moved the rating to high because of the company's dependence on the merger and acquisition market for most of its business. However, the company has held up well even as M&A activity dried up and the economy weakened. 
Share:  <span class="sent">We are changing our fair value uncertainty rating for <span class="company">Duff</span> & Phelps DUF to medium from high. We had moved the rating to high because of the company's dependence on the merger and acquisition market for most of its business. </span> However, the company has held up well even as M&A activity dried up and the economy weakened. Tweet this 

Duff & Phelps (DUF) is upset with my post. They sent me the below quoted email asking for changes or retractions. Here is the point that I believe they are not comprehending correctly. 
Share:  <span class="sent"><span class="company">Duff & Phelps</span> (DUF) is upset with my post. They sent me the below quoted email asking for changes or retractions. </span> Here is the point that I believe they are not comprehending correctly. Tweet this 

The company's investment banking revenue of $19.5 million beat estimates by analysts at Fox-Pitt Kelton, Keefe, Bruyette & Woods, and William Blair & Co by 6 percent, 21 percent and 31 percent, respectively. Advisory firms like Duff & Phelps are expected to benefit from the current dislocation in global credit markets, as it has heightened the demand for financial advisory services, and opens up opportunities for increased mergers and acquisition activities in coming quarters. William Blair & Co analyst Timothy McHugh said Duff & Phelps is one of the few companies that can still generate solid growth during the recession, and also benefit in a meaningful way from a cyclical pick-up in mergers-and-acquisition activity.  
Share:  The company's investment banking revenue of $19.5 million beat estimates by analysts at Fox-Pitt Kelton, Keefe, Bruyette & Woods, and William Blair & Co by 6 percent, 21 percent and 31 percent, respectively. Advisory firms like <span class="company">Duff & Phelps</span> are expected to benefit from the current dislocation in global credit markets, as it has heightened the demand for financial advisory services, and opens up opportunities for increased mergers and acquisition activities in coming quarters. <span class="sent"> William Blair & Co analyst <span class="analyst">Timothy McHugh</span> said <span class="company">Duff & Phelps</span> is one of the few companies that can still generate solid growth during the recession, and also benefit in a meaningful way from a cyclical pick-up in mergers-and-acquisition activity. </span>...<span class="sent">William Blair & Co analyst <span class="analyst">Timothy McHugh</span> said <span class="company">Duff & Phelps</span> is one of the few companies that can still generate solid growth during the recession, and also benefit in a meaningful way from a cyclical pick-up in mergers-and-acquisition activity. </span> "<span class="company">Duff & Phelps</span> remains one of our top picks in the specialty consulting industry, and we continue to recommend purchase," McHugh said in a note. Tweet this 

Get our full take on Duff & Phelps Corporation . See our complete company report and outlook--including fair value estimate, consider buying and selling prices, risk rating, bull and bear arguments, and star rating--with a free two-week Morningstar.com Premium Membership trial. 
Share:  Get our full take on Duff & Phelps Corporation . See our complete company report and outlook--including fair value estimate, consider buying and selling prices, risk rating, bull and bear arguments, and star rating--with a free two-week Morningstar.com Premium Membership trial. Tweet this