AllianceBernstein (AB) Misses Q2 EPS by 1c

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Go back to AllianceBernstein (AB) Misses Q2 EPS by 1c

AllianceBernstein Holding L.P. Announces Second Quarter Results

July 30, 2015 6:48 AM EDT

NEW YORK, July 30, 2015 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended June 30, 2015.

"Global markets were volatile in the second quarter of 2015, with Greece's debt crisis, China's stock market rout and rising certainty among investors about a second-half US interest rate hike," said Peter S. Kraus, Chairman and Chief Executive Officer. "Many investors were unwilling to take risk as a result, and we felt the effects across our business -... More