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Janus Net Income Declines 33% in the Third Quarter

Janus reported net income for the third quarter of 2005 of $31.7 million, a 33% decrease from net income of $47.3 million in the corresponding quarter a year earlier. However, Janus has its first quarter of net inflows, $1.7 billion, since the second quarter of 2003. "This was our best quarter of flows in five years," said Chief Executive Officer Steve Scheid.

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