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$LM said that industry headwinds impacted 4Q16 as it experienced the second quarter of long-term outflows following six straight quarters of inflows. Revenues fell $40MM from 3Q16 mainly due to lower average AUM and revenue yields, as well as lower performance fees which came in at $6MM driven by Brandywine, Martin Currie and Western.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.