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Stock Market & Financial Investment News

News Breaks
June 15, 2014
18:48 EDTBENFranklin Resources looks like a probable target for activists, Barron's says
Franklin Resources has over $8B in cash and does not return much of it to shareholders. The stock looks like a probable target for an activist investor, Barron's contends in a feature article. Reference Link
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November 21, 2014
08:53 EDTBENFranklin Resources downgraded at Bernstein
As noted earlier, Bernstein downgraded Franklin Resources to Market Perform from Outperform. As reasons for the downgrade, the firm cited slowing fundamental momentum and lack of visibility and catalysts. Target to $60 from $65.
November 20, 2014
16:09 EDTBENFranklin Resources downgraded to Market Perform from Outperform at Bernstein
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