Shares of asset management company Franklin Resources Inc. (NYSE:BEN) plunged more than 13% on Tuesday morning following the announcement of its preliminary quarterly results. The company's market val

Why Franklin Resources Stock Got Crushed Today

01:49pm, Tuesday, 27'th Oct 2020
The Franklin Templeton parent reports disappointing results after closing its acquisition of Legg Mason.
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced preliminary net income1 of $78.9 million or $0.15 per diluted share for the quarter ended S
Performance of large broadband customers suggests possible upside for Critical IoT in Q3. Verizon moves Sequans powered hotspot from retail to education market to meet demand.

Weekly Commentary: Oct. 4, 2020

11:00am, Thursday, 22'nd Oct 2020
Stimulus talks continue as the two parties try to hash out a deal before the elections.  That deal before November is becoming more elusive.
Franklin Covey Co. (NYSE: FC), a leader in organizational performance improvement, announced today that the conference call to review the Company’s fo
Franklin Limited Duration Income Trust [NYSE American: FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a dis
Education Department has settled a complaint against Franklin Pierce University over a policy allowing male-born athletes to compete in women's sports.
State of Alaska Department of Revenue decreased its stake in shares of Franklin Street Properties Corp. (NYSEAMERICAN:FSP) by 6.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional in
Charles Schwab Investment Management Inc. boosted its stake in Franklin Financial Network Inc (NYSE:FSB) by 4.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 33,625
Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 8,302 crore from maturities, pre-payments and coupon payments since closing down in April. Franklin Templeton MF shut six
Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market
Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 8,302 crore from maturities, pre-payments and coupon payments
The fund house reiterated that the cash flows received so far are without the ability to efficiently monetise assets, which will only be possible after successfully completing the e-voting process.Fra
Higher mortgage activity, refinancing and new loans driving increased earnings. Balanced business expected to benefit as housing market remains hot.
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