Streetbeat News

BEN

Franklin Resources, Inc.

https://www.franklinresources.com

Industry

Asset Management

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

Open

19.56

Mkt cap

10B

Volume

3.8M

High

19.82

P/E Ratio

23.01

52-wk high

28.61

Low

19.46

Div yield

0.06

52-wk low

18.83

Franklin Templeton has decided to discontinue the reorganization of the Western Asset Total Return ETF into the Western Asset Bond ETF due to a lack of shareholder approval.

Portfolio Pulse from

January 22, 2025 | 10:00 pm

Brand Engagement Network Inc. (BEN) has ended its exclusive reseller agreement with AFG Companies and filed a lawsuit against AFG and its CEO for fraudulent misrepresentation and breach of contract, including concealing a ransomware attack.

Portfolio Pulse from

January 17, 2025 | 1:00 pm

Franklin Resources, Inc. (NYSE: BEN) reported a decrease in assets under management (AUM) to $1.58 trillion as of December 31, 2024, from $1.65 trillion at the end of November 2024. The decline was due to negative market impacts and long-term net outflows, particularly from Western Asset Management.

Portfolio Pulse from

January 10, 2025 | 9:15 pm

Franklin Resources, Inc. is set to announce its first quarter results on January 31, 2025. The results will be released at 8:30 a.m. Eastern Time, along with a written commentary available on their investor website. Key executives will be involved in the announcement.

Portfolio Pulse from

January 09, 2025 | 12:45 am

Franklin Resources (BEN) is benefiting from strategic acquisitions and solid growth in assets under management (AUM), which are expected to support its long-term financials. However, the company faces challenges from rising costs and concentrated revenue streams.

Portfolio Pulse from

December 27, 2024 | 7:30 pm

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of Franklin Resources, Inc. (NYSE:BEN) shareholders. Investors are encouraged to inquire about the securities investigation.

Portfolio Pulse from

December 20, 2024 | 3:15 pm

Brand Engagement Network, Inc. (BEN) and Cataneo GmbH are launching a pilot program with Vybroo and Grupo Siete to modernize Mexico's radio advertising using AI.

Portfolio Pulse from

December 20, 2024 | 1:45 pm

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of Franklin Resources, Inc. (NYSE:BEN) shareholders. Investors are encouraged to participate in the investigation.

Portfolio Pulse from

December 19, 2024 | 3:15 pm

Bronstein, Gewirtz & Grossman, LLC has initiated an investigation into Franklin Resources, Inc. (NYSE:BEN) regarding potential claims. Shareholders are encouraged to participate in the investigation.

Portfolio Pulse from

December 18, 2024 | 3:15 pm

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