Indian Express (Free subscription) | 27/11/2008
General Motors Corp may ask unsecured debt holders Franklin Resources Inc and Pimco Advisors LP to accept as much as two-thirds less than the face value of their bonds as the automaker cuts debt in a bid to win US government aid.
San Fransisco Chronicle (Free subscription) | 26/11/2008
Franklin Resources Inc., manager of the Franklin and Templeton mutual funds, may seek as much as $1 billion in temporary credit to help pay off investors if withdrawal requests surge. Franklin is considering plans for a global credit facility from banks to...
Business Wire (Free subscription) | 25/11/2008
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc., (NYSE:BEN), today filed its Annual Report on Form 10-K for the fiscal year ended September 30, 2008 with the Securities and Exchange Commission. The Form
EuroInvestor.co.uk (Free subscription) | 10/11/2008
Franklin Resources, Inc. (Franklin Templeton Investments) (NYSE:BEN) today reported preliminary month-end assets under management by the company´s subsidiaries of $426.5 billion at October 31, 2008,.. - Read more
Seeking Alpha China (Free subscription) | 24/10/2008
Franklin Resources, Inc. (BEN) Complete Story »
Reuters UK (Free subscription) | 23/10/2008
BOSTON, Oct 23 (Reuters) - Franklin Resources Inc , one of the largest publicly traded U.S. mutual fund companies, reported a 30 percent drop in quarterly profit on Thursday as investors pulled billions out of its portfolios as stock markets tumbled.
Market Watch (Free subscription) | 23/10/2008
BOSTON (MarketWatch) -- Investment manager Franklin Resources Inc. on Thursday said its fiscal fourth-quarter net income dropped 30% from the year-ago period to $305.1 million, or $1.30 a share. The San Mateo, Calif.-based company said quarterly revenue fell 19% to $1.32 billion. Wall Street analysts had forecast, on average, net income of $1.46 a share on revenue of $1.38 billion. Market Pulse Stories...
EuroInvestor.co.uk (Free subscription) | 15/10/2008
On Thursday, October 23, 2008, Franklin Resources, Inc., (NYSE:BEN) will release its fourth fiscal quarter 2008 financial results. President and Chief Executive Officer of Franklin Res.. - Read more
EmailWire.Com (Free subscription) | 14/10/2008
(EMAILWIRE.COM, October 14, 2008 ) DALLAS, Texas Beacon Equity Research announces the release of a Trade Alerts covering asset management stocks: Franklin Resources Inc. (NYSE: BEN), Brookfield Asset Management Inc. (NYSE: BAM), T. Rowe Price Group Inc. (Nasdaq: TROW), Invesco Ltd. (NYSE: IVZ),...
Market Watch (Free subscription) | 09/10/2008
NEW YORK (MarketWatch) -- Franklin Resources Inc. saw analysts cut its outlook on Thursday, following a 10% month-on-month drop in assets under management. Credit Suisse reduced its 2008 estimates to $6.76 a share from $6.80 a share, and 2009 estimates to $5.15 a share from $6.42 a share. It also lowered Franklin's target price to $78 a share from $97 a share. Friedman Billings Ramsey lowered its...
Market Watch (Free subscription) | 16/09/2008
NEW YORK (MarketWatch) -- Credit Suisse has this week cut its earnings estimates for three mutual fund companies, Janus Capital Group Inc. , Invesco Ltd. and Franklin Resources Inc. in response to reported August results. Credit Suisse cut its 2008 estimate for Invesco to $1.55 a share from $1.59 a share and 2009 estimate to $1.85 a share from $1.95 a share due to a 4% reduction in its assets under...
Market Watch (Free subscription) | 10/09/2008
NEW YORK (MarketWatch) -- Franklin Resources saw its stock downgraded by Sandler O'Neill & Partners on Wednesday to hold from buy. Sandler O'Neill also cut its Franklin earnings estimates for the fourth quarter, to $1.55 a share from $1.63 a share. It said the downgrade was due in large part to the stronger dollar. "Though we continue to believe [Franklin's] first-mover advantage in key overseas markets...
Business Wire (Free subscription) | 08/09/2008
SAN MATEO, Calif. & LONDON--(BUSINESS WIRE)--Franklin Resources, Inc. (operating as Franklin Templeton Investments) (NYSE:BEN) today announced that David E. Smart has been named Global Head
Market Watch (Free subscription) | 15/08/2008
BOSTON (MarketWatch) -- Shares of investment manager Franklin Resources Inc. were up 4% on Friday morning after Stifel Nicolaus upgraded the stock to buy, citing potential for improvement in relative investment performance. "Weaker commodities [and a] stronger U.S. dollar potentially present [a] defining change in investment-market psychology that would be a positive indicator for traditional asset...
