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Eaton Vance Still Advancing

By Matt Thurmond
May 23, 2005

Last week, Eaton Vance (NYSE: EV), an 80-year player in the money-management industry, put another drop in its owner earnings bucket when it announced second-quarter results. The all-important industry metric, assets under management, increased 16% over Q2 of last year. This increase obviously led to an increase in fees for the company, and these fees boosted overall revenue by 10% and net income by 7% over Q2 of last year...
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