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Franklin Resources Inc (BEN)

BEN on New York Consolidated

40.62USD
7 Dec 2016
Change (% chg)

$0.73 (+1.83%)
Prev Close
$39.89
Open
$39.87
Day's High
$40.65
Day's Low
$39.78
Volume
2,095,030
Avg. Vol
2,974,342
52-wk High
$41.24
52-wk Low
$30.56

Latest Key Developments (Source: Significant Developments)

Franklin Resources posts Q3 earnings of $0.77/share
Thursday, 28 Jul 2016 08:30am EDT 

Franklin Resources Inc: Franklin Resources Inc announces third quarter results . Q3 earnings per share $0.77 . Q3 earnings per share view $0.67 -- Thomson Reuters I/B/E/S . Qtrly total assets under management were $732.1 billion at June 30, 2016, down $10.5 billion or 1% . Total assets under management ("AUM") were $732.1 billion at June 30, 2016, down $10.5 billion or 1% during quarter .Franklin Resources Inc qtrly operating revenue of $1.63 billion versus $2.00 billion.  Full Article

Franklin Resources reports 17.1 pct passive stake in Bill Barrett - SEC filing
Friday, 8 Jul 2016 01:30pm EDT 

Franklin Resources Inc:Franklin Resources Inc reports 17.1 pct passive stake in Bill Barrett Corp as of June 30 - SEC filing.  Full Article

Franklin Resources to purchase up to additional 50 mln shares
Tuesday, 14 Jun 2016 04:30pm EDT 

Franklin Resources Inc : Quarterly cash dividend in amount of $0.18 per share payable on July 15, 2016 . New board authorization is in addition to existing authorization, of which about 12.6 million shares remained available for repurchase at May 31, 2016 . Quarterly dividend represents a 20 pct increase over quarterly dividend paid for same quarter last year . Franklin resources board authorized company to purchase up to an additional 50.0 million shares of its common stock .Franklin Resources, Inc. announces quarterly dividend and addition to stock repurchase program.  Full Article

Franklin Resources reports 19.1 pct passive stake in Precision Drilling - SEC filing
Thursday, 9 Jun 2016 12:37pm EDT 

Franklin Resources Inc reports 19.1 pct passive stake in precision Drilling Corp as of March 31:.  Full Article

Franklin Resources Inc announces quarterly dividend
Tuesday, 15 Dec 2015 04:45pm EST 

Franklin Resources Inc:Says quarterly cash dividend in the amount of $0.18 per share payable on January 13, 2016 to stockholders of record date on December 29.Says quarterly dividend of $0.18 per share represents a 20% increase over the dividends paid for the prior and the same quarter last year.  Full Article

Franklin Resources Inc announces quarterly dividend
Wednesday, 16 Sep 2015 04:45pm EDT 

Franklin Resources Inc:Says quarterly cash dividend in the amount of $0.15 per share.Payable on October 15 to stockholders of record date as on September 30.  Full Article

Franklin Resources Inc announces management changes - Form 8-K
Thursday, 20 Aug 2015 09:03am EDT 

Franklin Resources Inc:Says changed Gregory E. Johnson’s title to Chairman and Chief Executive Officer.Gregory currently is also the President, and will continue to serve as principal executive officer.Appointed Vijay C. Advani and Jennifer M. Johnson each as a Co-President.  Full Article

Franklin Resources Inc announces quarterly dividend
Tuesday, 16 Jun 2015 04:45pm EDT 

Franklin Resources Inc:Announced a quarterly cash dividend in the amount of $0.15 per share.Payable on July 15 to stockholders of record holding shares of common stock at the close of business on June 30.  Full Article

Franklin Resources Inc announces pricing of notes offering
Wednesday, 25 Mar 2015 06:30pm EDT 

Franklin Resources Inc:Prices its public offering of $400 mln aggregate principal amount of its 2.850 pct Notes due 2025 at an issue price of 99.827 pct.Offering is expected to close on March 30.Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. are acting as joint book-running managers for the offering.Offering is being made pursuant to an effective registration statement filed by Franklin Resources, Inc. with the Securities and Exchange Commission on Sept. 19, 2012.Intends to use about $250 mln of the net proceeds from the proposed offering to pay down its outstanding 3.125 pct notes due May 2015 and the remainder for general corporate purposes.Foregoing does not constitute a notice of redemption for or an obligation to issue a notice of redemption for the Company's outstanding notes.  Full Article

Franklin Resources Inc announces quarterly dividend
Wednesday, 11 Mar 2015 04:30pm EDT 

Franklin Resources Inc:Declares quarterly cash dividend in amount of $0.15 per share.Payable on April 15 to stockholders of record holding shares of common stock at close of business on March 31.  Full Article

Franklin Templeton cautious on Chinese banks and real estate

LONDON, Nov 28 Bad loans in China's banking system and a risk of overleverage and regulation in Chinese real estate are reasons to remain cautious on these segments in 2017, asset manager Franklin Templeton said on Monday.