BEN Franklin Resources Inc. featured news, full reports, and detailed charts
Franklin Resources Inc. (BEN) Wrap Up:
Franklin Resources Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It primarily manages families of equity, fixed income, and balanced mutual funds for its clients. The firm also provides retirement plans and separate account services. It invests in the public equity and fixed income markets across the world. The firm employs fundamental and quantitative analysis with bottom-up stock selection to make its investments. It conducts in-house research to invest. Franklin Resources, Inc was founded in 1947 and is based in San Mateo, California with additional offices in Argentina, Australia, Austria, Bahamas, Brazil, Canada, China, France, Germany, Holland, Hong Kong, Hungary, India, Italy, Japan, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, United Kingdom, and Vietnam.Franklin Resources Inc. (BEN:NYSE)
Snapshot of Franklin Resources Inc. (BEN)
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OPEN
$112.70
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PREVIOUS CLOSE
$112.92
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DAY HIGH
$112.70
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DAY LOW
$110.95
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52 WEEK HIGH
10/26/09 - $116.39
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52 WEEK LOW
03/9/09 - $37.11
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MARKET CAP
25.6B
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AVERAGE VOLUME 3 mo
1.1M
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DILUTED EPS TTM
$3.89
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SHARES OUTSTANDING
230.3M
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EX-DATE
10/1/09
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P/E TTM
28.6x
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DIVIDEND
$0.84
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DIVIDEND YIELD
0.75%
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| K = Thousands M = Millions B = Billions | ||
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BEN Top Compensated Officers
Executives, Board Directors
Key developments for Franklin Resources Inc. (BEN)
Franklin Templeton Investments has hired Yaqub Ahmed to run its defined contribution and variable annuity investment-only sales. He will report to Robert Geppner, senior vice president and national sales manager for U.S. advisory services. Ahmed most recently was management director and national sales manager for Columbia Management's investment-only division.
Franklin Resources Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended September 30, 2009. The company reported net income of $367.4 million, or $1.60 per share diluted, on revenues of $1,238.9 million for the quarter ended September 30, 2009. For the quarter ended September 30, 2008, net income was $300.5 million, or $1.28 per share diluted, on revenues of $1,321.5 million. Operating income was $384.7 million, as compared to $412.0 million for the quarter ended September 30, 2008. Income before taxes was $503.5 million, as compared to $453.7 million for the quarter ended September 30, 2008. For the year ended September 30, 2009, the company reported net income of $896.8 million, or $3.87 per share diluted, on revenues of $4,194 million against net income of $1,588.2 million, or $6.67 per share diluted, on revenues of $6,032.4 million for the same period last year. Operating income was $1,202.6 million, as compared to $2,099.0 million for the same period last year. Income before taxes was $1,281 million, as compared to $2,236.6 million for the same period last year.
Franklin Resources Inc. expected to Report Q1 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).
BEN Competitors
| Company | Last | Change |
| BB&T Capital Trust VII | $24.60 USD | -0.08 |
| Blackrock Inc | $225.66 USD | -5.46 |
| The PNC Financial Services Group | $54.84 USD | -0.40 |
| T Rowe Price Group Inc | $48.71 USD | -0.54 |
| The Bank of New York Mellon Corp | $26.19 USD | -0.09 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | BEN | Industry Range |
| Price/Earnings | 28.7x |
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| Price/Sales | 6.1x |
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| Price/Book | 3.5x |
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| Price/Cash Flow | 28.6x |
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| TEV/Sales | 4.8x |
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BEN transactions
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| No transactions in the last 6 months. | ||
More Recent News About Franklin Resources Inc.
More news for BEN
[$$] An Outside-the-Box Financial Stock
Subscribe Now With these readers: Or copy the rss link: ...Click here to read the whole Article (external link)
Four Stocks Set to Spring Back to Life
Following every steep economic decline in the last 200 years is a symmetrical rebound -- robust growth always follows a severe decline. Given the chiseled-to-the-bone operating expense structures prevalent in corporate America, a significant economic pickup will cause earnings to explode and stocks to soar. But maybe this time it will be different. Maybe we'll see an historic anomaly: sluggish growth following a dramatic decline. With the right stock portfolio, investors can still profit handsomely in such an economic scenario. Many companies have sized operations to be profitable in a moribund economy. In some cases, a tiny uptick in sales will result in profitability that approaches peak levels. Below, I'll recommend four stocks that will reap gains for investors in a sluggish economy. I touted the first three in a column one year ago, back in the ditzy days of the mega-bear market, when I observed, "scores of stocks have been pulverized to levels so low that, well, you need a damn magnifying glass to see their stock quote." That's where the action is in this cycle -- in pulverized stocks -- not in stocks undamaged by the mega-bear. In the same column, I urged readers to avoid Kellogg at $50 per share just for that reason, because it "didn't get scuffed in the mega-bear market. So it's reasonable to expect it will be a big, fat snore in the retracement phase." Indeed, Kellogg's 4% gain since that column is snoresville, especially when compared with a 16% S&P 500 return for the same period. Office Depot Legg Mason: Even though it's up 48% since I recommended it one year ago, vs. an S&P return of 16% for the same period, the stock of this asset manager continues to be severely undervalued. Though it is trading...Click here to read the whole Article (external link)
Templeton Global Income Fund ("GIM") Announces Dividend
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Franklin Templeton Limited Duration Income Trust Reports Asset Allocation
SAN MATEO, CA--(Marketwire - 11/03/09) - Franklin Templeton Limited Duration Income Trust (AMEX:FTF - News), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of September 30, 2009. Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE:BEN - News), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $523 billion in assets under management as of September 30, 2009. For more information, please call 1-800/DIAL BEN� or visit franklintempleton.com.� FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at September 30, 2009 =========================================================================== MARKET PERCENTAGE SECTOR ALLOCATION VALUE (Millions) ...Click here to read the whole Article (external link)
Franklin Universal Trust Reports Asset Allocation
SAN MATEO, CA--(Marketwire - 11/03/09) - Franklin Universal Trust (NYSE:FT - News), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE closing price as of September 30, 2009. Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE:BEN - News), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $523 billion in assets under management as of September 30, 2009. For more information, please call 1-800/DIAL BEN� or visit franklintempleton.com.� FRANKLIN UNIVERSAL TRUST ASSET ALLOCATION at September 30, 2009 =========================================================================== MARKET PERCENTAGE SECURITY VALUE OF FUND (1) ----------------------------- ----------...Click here to read the whole Article (external link)
Franklin Resources, Inc. Announces Month-End Assets Under Management
SAN MATEO, CA--(Marketwire - 11/09/09) - Franklin Resources, Inc. (Franklin Templeton Investments) (NYSE:BEN - News) today reported preliminary month-end assets under management by the company's subsidiaries of $523.1 billion at October 31, 2009, compared to $523.4 billion at September 30, 2009 and $426.5 billion at October 31, 2008. � ASSETS UNDER MANAGEMENT Preliminary (In billions) 31-Oct-09 30-Sep-09 30-Jun-09 31-Mar-09 31-Oct-08 ------- ------- ------- ------- ------- Franklin Templeton Investments: Equity: Global/international $ 179.4 $ 183.1 $ 153.1 $ 124.7 $ 147.6 Domestic (U.S.) 62.2 63.9 56.7 48.5 58.4 ------- ------- ------- ------- ------- Total equity 241.6 247.0 209.8 173.2 206.0 ------- ------- ------- ------- ------- Hybrid 98.0 98.2 85.8 75.0 80.5 Fixed-Income: Tax-free 68.6 69.6 62.4 59.3 57.5 Taxable: Global/international 68.8 63.3 50.2 43.0 45.2 Domestic (U.S.) 39.2 38.4 35.5 32.5 29.1 ------- ------- ------- ------- ------- Total fixed-income 176.6 171.3 148.1 134.8 131.8 ------- ------- ------- ------- ------- Cash Management* 6.9 6.9 7.5 ...Click here to read the whole Article (external link)
InPlay: Franklin Resources pushes higher off the open as it lifts up into its Oct-Nov range/52-wk high of 116.00-116.39
6:26PM Boise Inc. announced that the previously announced secondary offering of 17 mln shares of its common stock has been priced at $4.85 per share (BZ) 5.09 +0.04 : 5:01PM Oncolytics Biotech announces unit offering (ONCY) 3.43 -0.26 : Co announced that it is undertaking an overnight marketed offering of units, each comprised of one common share and a portion of a common share purchase warrant to be effected in each of the Canadian provinces of British Columbia, Alberta, Manitoba and Ontario by way of a prospectus supplement to Oncolytics' base shelf short form prospectus, and in the United States... ONCY intends to use the net proceeds from the offering to fund its previously announced Phase III combination REOLYSIN and paclitaxel/carboplatin trial for patients with platinum-failed head and neck cancers, its other clinical development and research and development activities, and for general corporate and working capital purposes. 5:00PM Coldwater Creek announced the resignation of Tim Martin, Senior Vice President and Chief Financial Officer (CWTR) 5.81 -0.27 : Co has appointed John E. Hayes, III, Senior Vice President and General Counsel of Coldwater Creek, to serve as interim Chief Financial Officer, effective November 25, 2009, until a permanent successor is named. 4:55PM Quest Diagnostics announces pricing of tender offer for any and all of certain of its outstanding notes (DGX) 59.07 -0.35 : Co announced the determination of the pricing for its previously announced cash tender offer to purchase any and all of its 5.125% Senior Notes due 2010 and any and all of its 7.50% Senior Notes due 2011. 4:44PM Hampton Roads Bankshares defers dividends on TARP preferred stock (...Click here to read the whole Article (external link)
