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$LM's Assets Under Management were $741.9Bil at June 30, 2016 compared with $669.6Bil at March 31, 2016, driven by Clarion Partners and EnTrust Capital acquisitions, positive market performance, liquidity inflows and positive foreign exchange. This was partially offset by long-term outflows. AUM was up 6% from $699.2Bil at June 30, 2015.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.