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...
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...
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) | 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) | 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...
24/7 Wall St. (Free subscription) | 16/06/2008
A fed filing today from FRANKLIN RESOURCES INC. (NYSE: BEN) indicates that Chairman of the Board Charles Johnson sold 400,000 on June 13 in two transactions at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Market Watch (Free subscription) | 12/06/2008
BOSTON (MarketWatch) -- Analysts at Keefe, Bruyette & Woods lifted their rating on shares of asset manager Franklin Resources Inc. to outperform from market perform on Thursday. "We believe that so far in [the fiscal third quarter], flow trends have improved relative to what had been weakening results over the prior periods," they wrote in a research note. "As a result, we believe that Franklin's...
Business Wire (Free subscription) | 10/06/2008
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (operating as Franklin Templeton Investments) (NYSE:BEN) today announced that William Yun, CFA, has been named executive vice
Simply Options Trading (Free subscription) | 05/06/2008
I'm seeing lots of triangles forming right now and be prepared for a breakout in these stocks: Franklin Resources, Inc. (NYSE:BEN) Ascending triangle with breakout point at $105. Look for around $10-$12.5 move if it confirms breakout with good volume. Family Dollar Stores, Inc. (NYSE: FDO) Ascending Triangle that is breaking out. Gapped up above 200MA this morning. Sigma-Aldrich Corporation (NASDAQ:SIAL)...
24/7 Wall St. (Free subscription) | 02/06/2008
There was some interesting news over at Franklin Resources, Inc. (NYSE:BEN) today. The company manages the Templeton Dragon Fund, Inc. (NYSE:TDF), a closed-end... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Seeking Alpha China (Free subscription) | 25/04/2008
Franklin Resources, Inc. (BEN) F2Q08 Earnings Call Complete Story »
Market Watch (Free subscription) | 24/04/2008
BOSTON (MarketWatch) -- Franklin Resources Inc. on Thursday reported fiscal second-quarter net income of $366.1 million, or $1.54 a share, compared with $440.9 million, or $1.73 a share, in the same period the prior year. Analysts surveyed by Thomson Financial were looking for earnings of $1.76 a share. Total assets under management fell to $591.1 billion at March 31 from $643.7 billion on Dec. 31....
