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$BEN said 1Q16 asset-based distribution fees decreased $70.6MM from 1Q15, primarily due to decrease of $65.5MM from a 13% decrease in the average AUM. Sales-based fees decreased $45.6MM, primarily due to a 33% decrease in total commissionable sales. Commissionable sales represented 9% of total sales for 1Q16.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?