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$IVZ said its 1Q16 net revenue yield came in at 43.8 BPs, which was a decrease of 1.4 BPs versus 4Q15. Currency mix reduced the yield by 0.7 BPs and one less day in the period reduced the yield by 0.4 BPs. Net revenues declined by $68MM or 7.7% QoverQ to $818.1MM, which includes negative FX rate impact of $12.6MM.
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.