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Stock Market & Financial Investment News

News Breaks
December 10, 2012
16:38 EDTBENFranklin Resources reports preliminary AUM $768.8B as of November 30
Compares to $753.9B at October 31, and $675.8B at November 30, 2011.
News For BEN From The Last 14 Days
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May 21, 2013
10:00 EDTBENOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna.
06:01 EDTBENFranklin Resources downgraded to Neutral from Outperform at Macquarie
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May 13, 2013
10:09 EDTBENOn The Fly: Analyst Upgrade Summary
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06:44 EDTBENFranklin Resources upgraded to Buy from Neutral at UBS
UBS assumed coverage on Franklin Resources with a Buy rating from a Neutral rating. The analyst is positive on Franklin's diversified AUM base, global offerings, and equity franchise. Price target raised to $185 from $158.
05:44 EDTBENFranklin Resources upgraded to Buy from Neutral at Citigroup
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May 10, 2013
11:35 EDTBEN Franklin Resources reports 11.0% passive stake in Banro Corporation
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May 9, 2013
07:49 EDTBENFranklin Resources added to Select List at Stifel
Stifel added Franklin Resources to its Select List after the company's April AUM came in above expectations. The firm thinks the company's positive flow trend is sustainable and it raised its estimates for the company while keeping a Buy rating on the shares.

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