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Stock Market & Financial Investment News

News Breaks
February 11, 2014
08:04 EDTBENFranklin Resources weakness overdone, says Wells Fargo
After Franklin Resources announced that its long-term AUM had dropped 250 basis points in January, Wells Fargo notes that the company's U.S. equity assets were down less than broad indices, while its fixed income assets advanced in the month. The firm keeps an Outperform rating on the stock.
News For BEN From The Last 14 Days
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July 31, 2014
06:13 EDTBENFranklin Resources downgraded to Neutral from Buy at Citigroup
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July 30, 2014
08:32 EDTBENFranklin Resources reports Q3 EPS 92c, consensus 95c
Reports Q3 revenue $2.13B, consensus $2.17B. Total assets under management were $920.5B at June 30, up 4% during the quarter primarily due to $31.9B of market appreciation. AUM increased $105.5B or 13% year over year primarily due to $116.9B of market appreciation, partially offset by $7.2B of net new outflows.
July 29, 2014
15:53 EDTBENNotable companies reporting before tomorrow's open
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