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FABN

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AcronymDefinition
FABNField Artillery Battalion
FABNFood and Beverage Network (directory service)


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Institutional earnings increased to $25 million, with $46 million of income from opportunistic FABN retirements that more than offset $23 million of lower net investment income associated with holding higher cash balances and from lower valuation of limited partnership investments.
Institutional earnings increased to $49 million driven by $52 million of income from the early FABN redemptions noted previously, partially offset by the impairment of all the remaining $12 million of goodwill associated with the product line and the impact of an 18 percent decline in AUM.
 
 
 
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