NYSE:BEN - New York Stock Exchange, Inc. - US3546131018 - Common Stock - Currency: USD
Get insights into the S&P500 index performance on Wednesday. Explore the top gainers and losers within the S&P500 index in today's session.
Uncover the latest developments among S&P500 stocks in today's session. Stay tuned to the S&P500 index's top gainers and losers on Wednesday.
Franklin Templeton's Jenny Johnson says the time has come for crypto.
MEXICO CITY (Reuters) -Mexico's central bank is expected to cut its key interest rate by another half percentage point this month despite a recent surge in inflation, although analysts believe the pace of rate cuts could slow if prices remain under control. In May, inflation exceeded the central bank's target of 3%, plus or minus a percentage point, after the headline rate accelerated to 4.42%, its highest level since November. Core inflation, meanwhile, rose to 4.06%, its highest level in almost a year.
Air India is undergoing a massive transformation, riding on hopes of luring more passengers and seeking to compete with global heavyweights like Emirates. (Source: Bloomberg)
Chinese stocks trading in Hong Kong remain in bullish territory and the recovery still "has legs," Franklin Templeton Institute investment strategist Christy Tan tells Bloomberg TV's Haslinda Amin. (Source: Bloomberg)
One firm is converting a $12 billion mutual fund to an ETF, and it isn't alone in doing so before the SEC approves dual share classes.
Mentions: JPM
After years of frustration with South Korea’s underperforming stock market, investors are growing more optimistic that the new president’s push for shareholder-friendly policies will finally deliver stronger returns.
On June 5, William Katz from TD Cowen maintained a Buy rating on Franklin Resources, Inc. (NYSE:BEN) and kept the price target unchanged at $27. The reiterated Buy rating comes after the company released its preliminary month-end Assets Under Management report. Franklin Resources, Inc. (NYSE:BEN) reported that its preliminary month-end assets under management (AUM) totaled […]
QUALCOMM Incorporated (NASDAQ:QCOM) announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of Autotalks, a leading provider of vehicle-to-everything (V2X) communication solutions. V2X technology allows vehicles to communicate directly with their surroundings, playing a key role in improving road safety and traffic efficiency. With this acquisition, automakers and industry partners will gain access […]
Shares of Broadcom are trending toward an all-time high closing price for the fourth day in a row as the chipmaker prepares to report quarterly results after the bell.
BEN is set to expand its alternatives platform with a majority stake in Apera, boosting global credit AUM to $87 billion.
BEN's AUM rose to $1.57 trillion in May, driven by positive markets and net inflows despite outflows at Western Asset.
Traders are increasingly confident the European Central Bank will pause its run of interest rate cuts now that the central bank sees itself as well-positioned to deal with global economic uncertainty fuelled by U.S. tariff policy. Following Thursday's quarter-point cut in rates to 2%, ECB chief Christine Lagarde said the central bank was in a "good place" and was getting to the end of the monetary policy cycle. Money markets now price in a roughly 20% chance of a July cut compared with almost 30% just before Lagarde started speaking, with market attention initially falling on downward revisions to the ECB's latest inflation forecasts.
XRP price surge could be imminent as the Wyckoff Method signals accumulation phase. Catalysts like ETF approval and corporate adoption boost XRP outlook.
BlackRock's retreat from ESG initiatives has it back in good stead with a key Texas official, a victory for CEO Larry Fink, even as the world's largest money manager remains a target of the state's antitrust cops.
President Donald Trump-owned social media company Truth Social has filed for Bitcoin ETF.
Major players bring real-world assets—Treasuries, equities, real estate - to Arbitrum, bridging TradFi with DeFi’s fast-lane.
Stablecoins made the dollar 24/7. Ondo is doing the same for Treasuries—and, eventually, all of capital markets.
Franklin, AMG and Federated Hermes show resilience as passive investing pressures margins but AUM growth and alternatives fuel long-term potential.
While rising expenses and pressure on margins are near-term concerns for the Investment Management industry, rising AUM balance and demand for higher-yielding investment vehicles will support Franklin (BEN), Affiliated Managers (AMG) and Federated (FHI).
A tariff reprieve from U.S. President Donald Trump, a surprise bounce in U.S. consumer confidence and a slide in government bond yields sparked a rally across most markets on Tuesday, particularly U.S. assets, with Wall Street, Treasuries and the dollar all outperforming. In my column today I look at how much the dollar may need to fall if the Trump administration is to succeed in making a significant dent in the U.S. trade deficit. Long bond blues stress the 'bedrock': Mike Dolan 2.
FHI's rising AUM, strong earnings outlook, and solid capital return plan make it a compelling long-term hold despite rising expenses.
BEN gains 6.2% in three months on AUM growth and acquisitions, but rising costs and fee volatility keep the stock in hold territory.
The agencies argue the bank paid its $5 million penalty and put money in a loan subsidy program. But the case signaled the start of a concerted Biden-era effort to fight lending discrimination.
- Franklin Templeton will liquidate its WINC and WBND ETFs on Aug. 29. - Both funds attracted minimal assets despite positive year-to-date returns. - Trading will halt Aug. 23 with final redemption proceeds distributed later.
The tokens will be deployed on Solana and backed by real securities held by Kraken’s partner, Backed Finance.
On May 21, Franklin Resources, Inc. (NYSE:BEN) declared a quarterly dividend of $0.32 per share, which was in line with its previous dividend. Franklin Resources, Inc. (NYSE:BEN) is a California-based firm that is known for its global investment management services. The company operates in over 150 countries through its subsidiaries. Despite not increasing its latest […]
For investing inspiration, it’s a great idea to consider the latest moves of billionaires -- they’ve proven their abilities over time. It's that time of year again: Billionaire investors have offered us a peek into their latest investing moves through 13F filings.
Although it was a gloomy day for stocks in general, it wasn't that gloomy -- the S&P 500 index closed the session down just 1.6%. On average, analysts tracking Wix.com stock were modeling for $472 million on the top line.
Ken Griffin's comments show that there can be benefits to holding cash. There are good arguments both for being fully invested and for keeping some dry power on the sidelines, and the volatility of the current stock market with a trade war brewing and the risk of a recession rising is causing some investors to rethink their strategies. One of them is Ken Griffin, the head of Citadel, which is generally considered to be the best-performing hedge fund of all time.