Want to join the conversation?
$BLK's 1Q16 revenue fell 4% versus 1Q15 due to decline in base fees and performance fees. Investment advisory, administration fees and securities lending revenue declined due to the effect of lower markets on average equity AUM. Securities lending revenue grew in 1Q16 due to increase in average balance of securities on loans, and higher spreads.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.