FSB Proposals: Assets Managers May Face Tough Scrutiny
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:54PM CDT
The Financial Stability Board (FSB) proposed 14 recommendations to address the contagion risks, given the structural vulnerabilities in asset management industry.
BLK: 356.85 (+9.18), IVZ: 29.62 (+0.85), LM: 32.61 (+1.00), BEN: 34.58 (+0.84)
Templeton Releases Closed-End Funds' Portfolio Allocation Updates
Marketwire Canada - Mon Jun 20, 3:47PM CDT
FORT LAUDERDALE, FL--(Marketwired - Jun 20, 2016) - The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of May 31, 2016:
TEI: 10.64 (+0.12), GIM: 6.41 (+0.05), BEN: 34.58 (+0.84), EMF: 11.50 (+0.19)
Franklin Universal Trust Declares Monthly Dividend
Marketwire Canada - Mon Jun 20, 3:15PM CDT
SAN MATEO, CA--(Marketwired - Jun 20, 2016) - Franklin Universal Trust (NYSE: FT), a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.0395 per share, payable July 15, 2016, to shareholders of record on June 30, 2016 (Ex-Dividend Date: June 28, 2016).
FT: 6.85 (+0.06), BEN: 34.58 (+0.84)
Top Stock Research Reports for June 16, 2016
Swarup Gupta - Zacks Investment Research - Thu Jun 16, 11:57AM CDT
Top Stock Research Reports for June 16, 2016
TRU: 33.54 (+0.64), NUE: 50.50 (+0.93), C: 44.46 (+1.78), BEN: 34.58 (+0.84), MSFT: 51.91 (+0.92), SYMC: 21.24 (+0.46)
Franklin Rewards Shareholders with Additional Share Buyback
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 6:57AM CDT
Franklin Resources, Inc. (BEN) seems to be on track with its efforts to enhance shareholders' value. as it announced an additional repurchase authorization of up to 50 million shares
UBSH: 26.70 (+0.73), FBP: 4.41 (+0.22), BEN: 34.58 (+0.84), LPLA: 25.79 (+0.79)
Legg Mason (LM) AUM Improves in May; Inflows Recorded
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:40AM CDT
Baltimore-based Legg Mason Inc. (LM) reported a rise in its assets under management (AUM) as of May 31, 2016, as compared with the prior month. Preliminary month-end AUM came in at $717.8 billion, up 1.5% from Apr 2016.
EFSC: 27.76 (+0.46), IVZ: 29.62 (+0.85), LM: 32.61 (+1.00), BEN: 34.58 (+0.84)
Invesco's AUM for May Rises on Higher Money Market Assets
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:27AM CDT
Invesco's AUM for May 2016 improved slightly mainly due to higher money market assets and long-term inflows.
SEIC: 50.69 (+1.24), IVZ: 29.62 (+0.85), LM: 32.61 (+1.00), BEN: 34.58 (+0.84)
Franklin's (BEN) AUM Down as Equity Assets Take a Hit
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:03PM CDT
Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $737.3 billion for May 2016.
SEIC: 50.69 (+1.24), IVZ: 29.62 (+0.85), LM: 32.61 (+1.00), BEN: 34.58 (+0.84)
Franklin Resources Set to Possibly Rebound After Yesterday's Selloff of 2.68%
Comtex SmarTrend(R) - Thu Jun 09, 1:24PM CDT
Franklin Resources (NYSE:BEN) traded in a range yesterday that spanned from a low of $34.17 to a high of $35.20. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $35.17 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BEN: 34.58 (+0.84)
Watch for Franklin Resources to Potentially Rebound After Falling 2.68% Yesterday
Comtex SmarTrend(R) - Thu Jun 09, 1:23PM CDT
Franklin Resources (NYSE:BEN) traded in a range yesterday that spanned from a low of $34.17 to a high of $35.20. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $35.17 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BEN: 34.58 (+0.84)
Franklin Resources, Inc. Announces Month-End Assets Under Management
Marketwire Canada - Wed Jun 08, 3:30PM CDT
SAN MATEO, CA--(Marketwired - Jun 8, 2016) - Franklin Resources, Inc. (Franklin Templeton Investments) (NYSE: BEN) today reported preliminary month-end assets under management by the company's subsidiaries of $737.3 billion at May 31, 2016, compared to $747.1 billion at April 30, 2016, and $888.4 billion at May 31, 2015.
BEN: 34.58 (+0.84)
Franklin Templeton Investments Introduces LibertyShares With First Suite of Strategic Beta Exchange Traded Funds
Marketwire Canada - Mon Jun 06, 8:20AM CDT
Franklin Templeton Customizes Factor Weightings for LibertyQ ETF Suite
FLQG: 25.21 (-0.44), FLQH: 25.34 (+0.35), FLQE: 26.45 (unch), FLQD: 26.25 (+0.31), BEN: 34.58 (+0.84)
Downgrade Alert for Franklin Resources (BEN)
Comtex SmarTrend(R) - Fri Jun 03, 3:36AM CDT
Franklin Resources (NYSE:BEN) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $35.78 on volume of 5.6 million shares, above average daily volume of 3.1 million. Franklin Resources has overhead space with shares priced $35.78, or 14.7% below the average consensus analyst price target of $41.97. Franklin Resources shares should first meet resistance at the 50-day moving average (MA) of $38.32 and find additional resistance at the 200-day MA of $38.57.
BEN: 34.58 (+0.84)
Franklin Resources Falls 1.20% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jun 01, 2:36PM CDT
Franklin Resources (NYSE:BEN) traded in a range yesterday that spanned from a low of $36.52 to a high of $37.06. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $37.00 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BEN: 34.58 (+0.84)
Templeton Global Income Fund ("GIM"
Marketwired - Wed Jun 01, 8:30AM CDT
FORT LAUDERDALE, FL--(Marketwired - Jun 1, 2016) - Templeton Global Income Fund (NYSE: GIM) today announced its regular monthly dividend from net investment income of $0.025 per share, payable on June 30, 2016, to shareholders of record on June 16, 2016 (Ex-Dividend Date: June 14, 2016).
GIM: 6.41 (+0.05), BEN: 34.58 (+0.84)