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$BLK 2Q15 Q&A Update-Larry, CEO: A lot of money in terms of outflows was more cash need driven by our clients for rainy day issues. We can't control FX, we can't control divergent beta. As Gary suggested, there has been quite a bit of divergent beta in commodity based stock, in last few weeks of June & July, we’re seeing more divergent beta again.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.