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Ameriprise Financial, Inc.

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Ameriprise’s first-quarter 2016 operating earnings lagged the Zacks Consensus Estimate. Lower revenues were partially offset by a fall in operating expenses. Nonetheless, the company’s focus on business growth and a strong capital position should drive top-line growth. Also, the company’s discipline in financial planning as well as strengths in product development and advice will help it meet the dynamic market needs. However, continued equity market volatility and outflows in the Asset Management segment will likely hurt the company’s financials in the near term. Further, Ameriprise’s profitability is expected to be adversely impacted by mounting expenses and unfavorable foreign exchange movement.

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