All Posts Tagged With: "BEN"
(AMP) Ameriprise Financial Beats The Street – Hikes Dividend
Ameriprise Financial Inc. (AMP) reported first-quarter 2012 operating earnings of $1.45 per share surpassing the Zacks Consensus Estimate of $1.38. This also compared favorably with the year-ago quarter’s...
(LM) Legg Mason’s December Assets Under Management Perks Up
Baltimore-based Legg Mason Inc. (LM) experienced a rise in its assets under management (AUM) in December on a sequential basis. This was preceded by a decline in November and a rise in October AUM.
Preliminary...
(AAPL) Company News for January 12, 2012 – Corporate Summary
• Raymond James Financial Inc. (NYSE:RJF) announced that it will acquire Morgan Keegan & Co. Inc., the brokerage subsidiary of Regions Financial Corp. (NYSE:RF)...
(LM) Legg Mason’s August AUM Plunges Assets Under Management
Baltimore-based Legg Mason Inc. (LM) experienced a decline in its assets under management (AUM) in August on a sequential basis. This was preceded by a drop in both July and June.
Preliminary month-end...
(BEN) Franklin Resources Analyst Downgrades Shares to Neutral
We have downgraded our recommendation on Franklin Resources Inc. (BEN) to Neutral from Outperform apprehending costly regulatory issues in a volatile economic environment.
However, Franklin’s second-quarter...
(BEN) Franklin Resources Incorporated – Bull of the Day
Franklin Resources Inc.’s (BEN) second quarter 2011 earnings of $2.25 per share outpaced the Zacks Consensus Estimate of $2.00 per share. Results reflected robust growth in revenue and higher assets...
(BEN) Franklin Resources Inc – Bull of the Day
Franklin Resources Inc.’s (BEN) second quarter 2011 earnings of $2.25 per share outpaced the Zacks Consensus Estimate of $2.00 per share. Results reflected robust growth in revenue and higher assets...
(AMP) Stock Market News for March 10, 2011 – Market News
The second anniversary of the market’s Bull Run ended on a weak note as markets pared gains of the earlier trading day and closed marginally lower. The S&P 500 has gained 95.4% since it slid to 676.53 on March 9, 2009. However, continuing unrest in the Persian Gulf and...
(AEO) Company News for March 10, 2011 – Corporate Summary
• Navistar (NYSE:NAV) reported Q1 EPS of $0.16, ex-items, lower than the Zacks Consensus Estimate of $0.20 per share
• AeroVironment Inc (NASADQ:AVAV), a company...
(AAPL) Company News for October 12, 2010 – Corporate Summary
• Microsoft (NASDAQ:MSFT) took the veil off its new line of smartphones based on its Microsoft 7 operating system on AT&T (NYSE:T) networks. Early reviews were positive
• Wal-Mart (NYSE:WMT) announced plans to start selling Apple (NASDAQ:AAPL) iPads on Friday
• Rumors...
(TROW) Congressional Budget Office Reports on Deficits, Budget
The Congressional Budget Office projects that the budget deficit will total $1.342 trillion in fiscal 2010 (which is a pretty firm projection since the year ends on September 30th). That is $71 billion less than fiscal 2009, and $27 billion lower than what...
(BLK) BlackRock Announces Plans to Double Mexican Asset Portfolio
On Wednesday, BlackRock, Inc. (BLK) said that the company intends to double its $13 billion asset portfolio in Mexico in the next three years. The company enjoys huge demand for Exchange Traded Funds (ETFs)...
(BEN) Franklin Resources Announced it Priced Notes Offerings
Franklin Resources Inc. (BEN) announced on Monday that it has priced its public offering of $300 million aggregate principal amount of 2% notes due 2013 at an issue price of 99.823%, $250 million aggregate...
(BEN) Franklin Resources Benefits from New Assets
Franklin Resources Inc’s (BEN) first-quarter earnings of $1.54 per share were ahead of the Zacks Consensus Estimate of $1.47. Results were also ahead of the prior-year period’s earnings of 52 cents. The...
(BEN) Franklin Resources Quarterly Report is Well Ahead of Estimates
Franklin Resources Inc. (BEN) fourth-quarter earnings came in at $1.60 per share, ahead of the Zacks Consensus Estimate of $1.32 per share. Last year, the company had reported a profit of $1.28 per share....
(BLK) BlackRock Gives “Ups” to the Dollar
For those investors struggling to decide what currency to park their money in, or Americans concerned over the value of our dollar, the recent comments made by BlackRock (NYSE: BLK) should put them at ease.
Lawrence Fink, Chairman and CEO of Blackrock...
(PCE) Personal Savings Rate Dips in July
In July, personal income was essentially unchanged (up by $3.8 billion, or less than 0.1%). If one subtracts out taxes to get disposable personal income (DPI), it was also essentially unchanged — except it was a decline of $4.6 billion, but that is also less than 0.1%.
On...