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$LM said preliminary assets under management were approx. $732.9Bil as of September 30, 2016. This included long-term outflows of $1.4Bil, consisting of net outflows in fixed income of $0.8Bil, alternatives of $0.5Bil and equity of $0.1Bil. Liquidity outflows were $5.8Bil. The AUM included a positive FX impact of $1.1Bil.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.