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Investment management company $BEN had total AUM at March 31, 2016 of $742.6Bil, 16% lower than at March 31, 2015. Simple monthly average AUM for the three months ended March 31, 2016 decreased 16% from the prior-year period. The decline in AUM negatively affected fee revenues and operating income for the three months ended March 31, 2016.
$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?