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Money manager $LM reported a drop in 1Q17 earnings due to acquisition and transition-related costs, compensation charge related to the Royce management equity plan grant and contingent consideration fair value adjustment. Net income fell to $45.34MM or $0.31 per share from $94.94MM or $0.84 per share in 1Q16. Revenue slid 1% to $700.17MM.
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.