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Franklin Resources Inc (BEN.N)

BEN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Franklin Resources Files Prospectus For A Mixed Shelf Offering, Size Not Disclosed
Wednesday, 7 Oct 2020 

Oct 6 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES INC FILES PROSPECTUS FOR A MIXED SHELF OFFERING, SIZE NOT DISCLOSED - SEC FILING.  Full Article

Fiduciary Trust To Acquire Pennsylvania Trust
Wednesday, 22 Jan 2020 

Jan 22 (Reuters) - Franklin Resources Inc ::FIDUCIARY TRUST TO ACQUIRE PENNSYLVANIA TRUST, BOLSTERING ITS NATIONAL FOOTPRINT AND SUITE OF CLIENT SOLUTIONS.FIDUCIARY TRUST COMPANY INTERNATIONAL - TERMS OF TRANSACTION WERE NOT DISCLOSED.FIDUCIARY TRUST COMPANY - TERMS OF TRANSACTION WERE NOT DISCLOSED.FIDUCIARY TRUST COMPANY INTERNATIONAL - FOLLOWING ACQUISITION, CO'S ASSETS UNDER MANAGEMENT WILL BE APPROXIMATELY $29 BILLION.  Full Article

Franklin Resources Names Jennifer Johnson As CEO, Effective Feb. 11
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. APPOINTS JENNIFER M. JOHNSON AS PRESIDENT AND CEO, GREGORY E. JOHNSON NAMED EXECUTIVE CHAIRMAN AND CONTINUES AS CHAIRMAN OF THE BOARD.FRANKLIN RESOURCES INC - CEO APPOINTMENT WILL BECOME EFFECTIVE AT CO'S 2020 ANNUAL MEETING OF STOCKHOLDERS ON FEBRUARY 11, 2020.FRANKLIN RESOURCES - GREGORY JOHNSON TO BECOME EXECUTIVE CHAIRMAN OF CO & CONTINUE IN HIS ROLE AS CHAIRMAN OF CO'S BOARD OF DIRECTORS.  Full Article

Franklin Resources Q4 Earnings Per Share Estimate $0.64 -- Refinitiv Ibes Data
Friday, 25 Oct 2019 

Oct 25 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. ANNOUNCES PRELIMINARY FOURTH QUARTER AND FISCAL YEAR RESULTS.Q4 PRELIMINARY EARNINGS PER SHARE $0.61.Q4 EARNINGS PER SHARE ESTIMATE $0.64 -- REFINITIV IBES DATA.TOTAL AUM WERE $692.6 BILLION AT SEPTEMBER 30, 2019, DOWN $22.6 BILLION OR 3% DURING QUARTER.IN QUARTER, "MARKET VOLATILITY AND NET OUTFLOWS CONTINUED TO PRESSURE ASSETS UNDER MANAGEMENT AND RELATED EARNINGS".  Full Article

Franklin Resources Reports A Passive Stake Of 12.4% In Chesapeake Energy Corporation As Of Sept 30 - SEC Filing
Wednesday, 9 Oct 2019 

Oct 8 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES REPORTS A PASSIVE STAKE OF 12.4% IN CHESAPEAKE ENERGY CORPORATION AS OF SEPT 30 - SEC FILING.  Full Article

Franklin Resources Preliminary Month-End AUM $690.6 Bln At August 31
Wednesday, 11 Sep 2019 

Sept 10 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. ANNOUNCES MONTH-END ASSETS UNDER MANAGEMENT.FRANKLIN RESOURCES INC - PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT OF $690.6 BILLION AT AUGUST 31, 2019, COMPARED TO $709.5 BILLION AT JULY 31, 2019.FRANKLIN RESOURCES INC - PRELIMINARY AVERAGE ASSETS UNDER MANAGEMENT FOR QUARTER, THROUGH AUGUST 31, 2019, WERE $705.1 BILLION..  Full Article

Franklin Resources Q3 Earnings Per Share $0.48
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. ANNOUNCES THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.48.Q3 EARNINGS PER SHARE ESTIMATE $0.62 -- REFINITIV IBES DATA.TOTAL ASSETS UNDER MANAGEMENT ("AUM") WERE $715.2 BILLION AT JUNE 30, 2019.QTRLY OPERATING REVENUES $1,476.7 MILLION, DOWN 5%.Q3 REVENUE VIEW $1.49 BILLION -- REFINITIV IBES DATA.  Full Article

Franklin Resources Appoints Matthew Nicholls As CFO
Monday, 18 Mar 2019 

March 18 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. APPOINTS MATTHEW NICHOLLS AS CHIEF FINANCIAL OFFICER; 30-YEAR VETERAN KEN LEWIS TO RETIRE FROM THE COMPANY.FRANKLIN RESOURCES INC - NICHOLLS WILL SUCCEED KEN LEWIS.FRANKLIN RESOURCES INC - KEN LEWIS WILL RETIRE FROM COMPANY AS CFO ON MAY 6, 2019.  Full Article

Franklin Resources Inc Announces First Quarter Results
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. ANNOUNCES FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.54.Q1 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.TOTAL ASSETS UNDER MANAGEMENT ("AUM") WERE $649.9 BILLION AT DECEMBER 31, 2018, DOWN $67.2 BILLION OR 9 PCT DURING QUARTER.QTRLY OPERATING REVENUE $1,411.5 MILLION VERSUS $1,615.5 MILLION REPORTED LAST YEAR.Q1 REVENUE VIEW $1.44 BILLION -- REFINITIV IBES DATA.FRANKLIN RESOURCES - "DESPITE NUMEROUS UPS AND DOWNS OF MARKET, WE'RE SEEING EXAMPLES OF STRENGTHENING INVESTMENT PERFORMANCE".  Full Article

Franklin Resources Announces Quarterly Dividend
Wednesday, 12 Dec 2018 

Dec 11 (Reuters) - Franklin Resources Inc ::FRANKLIN RESOURCES, INC. ANNOUNCES QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 13 PERCENT TO $0.26PER SHARE.  Full Article

UPDATE 1-Trian Fund Management takes 9.9% stakes in Invesco, Janus Henderson

Oct 1 Activist investment firm Trian Fund Management LP has taken a 9.9% stake each in asset management firms Invesco Ltd and Janus Henderson Group Plc, totaling about $900 million, people familiar with the matter said.