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$LM 1Q16 Call: Revenues grew modestly and bottom line included the effect of seasonal deferred compensation expense. Recorded fifth straight quarter of net long-term inflows driven by Western Asset, Brandywine Global, QS Investors and Martin Currie.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.