AllianceBernstein (AB) Misses Q3 EPS by 1c
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AllianceBernstein Holding L.P. Announces Third Quarter Results
October 22, 2015 6:42 AM EDTNEW YORK, Oct. 22, 2015 /PRNewswire/ --Â AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended September 30, 2015.
"During the third quarter, investors were sidelined by declining equity markets and uncertainty about the direction of US interest rates, growth in China and other global economies and commodity prices, which resulted in lower gross sales levels for AB," said Peter S. Kraus, Chairman and Chief Executive Officer. "At the same time, however, asset retention improved across all... More
