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	<title>Stock Blog Hub &#187; Franklin Resources Inc.</title>
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		<title>(AMP) Ameriprise Financial Beats The Street &#8211; Hikes Dividend</title>
		<link>http://www.stockbloghub.com/2012/04/30/amp-ameriprise-financial-beats-the-street-hikes-dividend/99564</link>
		<comments>http://www.stockbloghub.com/2012/04/30/amp-ameriprise-financial-beats-the-street-hikes-dividend/99564#comments</comments>
		<pubDate>Mon, 30 Apr 2012 17:57:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Ameriprise Financial Inc.]]></category>
		<category><![CDATA[AMP]]></category>
		<category><![CDATA[BAM]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Brookfield Asset Management Inc]]></category>
		<category><![CDATA[DAC]]></category>
		<category><![CDATA[Danaos Corporation]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99564</guid>
		<description><![CDATA[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 earnings of $1.33 per share. Operating earnings totaled $335 million in the reported quarter, down 3% from $344 million in the prior-year quarter. The downfall represented elevated tax rate and impact of low interest rates. Results improved on a modest rise in operating net revenues. Further, improvement in asset position as well as the ongoing capital deployment activities was impressive. However, elevated expenses slightly toned down the better-than-expected results. Also, sluggish growth in almost all its segments was another setback. After taking into consideration net realized gains or losses, integration charges, market impact on variable annuity guaranteed living benefits, amortization  of deferred acquisition ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/30/amp-ameriprise-financial-beats-the-street-hikes-dividend/99564/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason&#8217;s December Assets Under Management Perks Up</title>
		<link>http://www.stockbloghub.com/2012/01/13/lm-legg-masons-december-assets-under-management-perks-up/90150</link>
		<comments>http://www.stockbloghub.com/2012/01/13/lm-legg-masons-december-assets-under-management-perks-up/90150#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:09:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[IVZ]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90150</guid>
		<description><![CDATA[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 month-end AUM came in at $627.0 billion, up 1.0% from $620.6 billion at the end of November. Though equity AUM plummeted, fixed income AUM and liquidity AUM climbed compared with the prior month. Legg Mason’s equity AUM as of November inched down 1.6% from the prior month to $153.3 billion while fixed income AUM inched up 1.1% to $352.6 billion. The decrease in equity AUM coupled with a rise in fixed income, resulted in long-term AUM of $505.9 billion, down slightly compared with the prior month. Concurrently, liquid assets, which are convertible into cash, edged ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/lm-legg-masons-december-assets-under-management-perks-up/90150/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) Company News for January 12, 2012 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2012/01/13/aapl-company-news-for-january-12-2012-corporate-summary/90066</link>
		<comments>http://www.stockbloghub.com/2012/01/13/aapl-company-news-for-january-12-2012-corporate-summary/90066#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:00:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Eastman Kodak Company]]></category>
		<category><![CDATA[EK]]></category>
		<category><![CDATA[Elbit Imaging Limited]]></category>
		<category><![CDATA[EMITF]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[News Corporation]]></category>
		<category><![CDATA[NWSA]]></category>
		<category><![CDATA[Raymond James Financial Inc.]]></category>
		<category><![CDATA[Regions Financial Corporation]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[RJF]]></category>
		<category><![CDATA[SUPERVALU Inc.]]></category>
		<category><![CDATA[SVU]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90066</guid>
		<description><![CDATA[•    Raymond James Financial Inc. (NYSE:RJF) announced that it will acquire Morgan Keegan &#38; Co. Inc., the brokerage subsidiary of Regions Financial Corp. (NYSE:RF) for $930 million. Following this development, shares of Regions Financial advanced 2.13% •    Grocery store operator Supervalu Inc. (NYSE:SVU) reported a higher third quarter net loss due to continued high food prices and a turnaround plan costs. Share of the company fell 12.51% to finally settle at $7.34 a share •    Share prices of photography icon Eastman Kodak Co (NYSE:EK) surged 35.83% to close at $0.815 after the company filed a patent infringement suit against tech giant Apple (NASDAQ:AAPL) and HTC of Taiwan •    Israeli company Elbit Imaging Ltd.’s (NASDAQ:EMITF) U.S. listed share prices rocketed up more than 27% after the company announced it was selling ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/aapl-company-news-for-january-12-2012-corporate-summary/90066/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason&#8217;s August AUM Plunges Assets Under Management</title>
		<link>http://www.stockbloghub.com/2011/09/19/lm-legg-masons-august-aum-plunges-assets-under-management/83238</link>
		<comments>http://www.stockbloghub.com/2011/09/19/lm-legg-masons-august-aum-plunges-assets-under-management/83238#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:45:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[IVZ]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83238</guid>
		<description><![CDATA[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 AUM came in at $643.4 billion, down 1.8% from $655.4 billion at the end of July. Moreover, equity AUM and fixed income AUM both plummeted compared with the prior month, while liquidity AUM increased. Legg Mason’s equity AUM in August dipped 7.7% from the prior month to $162.6 billion while fixed income AUM inched down 0.9% to $367.2 billion. The decrease in equity AUM coupled with drop in fixed income, resulted in long-term AUM of $529.8 billion, down 3.1% compared with the prior month. On the other hand, liquid assets, which are convertible into cash, edged up ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/19/lm-legg-masons-august-aum-plunges-assets-under-management/83238/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BEN) Franklin Resources Analyst Downgrades Shares to Neutral</title>
		<link>http://www.stockbloghub.com/2011/07/07/ben-franklin-resources-analyst-downgrades-shares-to-neutral/78543</link>
		<comments>http://www.stockbloghub.com/2011/07/07/ben-franklin-resources-analyst-downgrades-shares-to-neutral/78543#comments</comments>
		<pubDate>Thu, 07 Jul 2011 17:06:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[IVZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78543</guid>
		<description><![CDATA[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 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 AUM, partially offset by increased operating expenses. Moreover, the results were ahead of earnings of $1.55 per share in the prior-year quarter and $2.23 per share in the prior quarter. Earlier in June, Franklin reported preliminary AUM of $735.8 billion at its subsidiaries for May. Results were up 0.4% from $733.1 billion as of April 30, 2011 and 28.5% from $572.7 billion as of May 31, 2010. Franklin’s closest competitor &#8211; Invesco Ltd. (IVZ) reported preliminary AUM of $661.4 billion for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/07/ben-franklin-resources-analyst-downgrades-shares-to-neutral/78543/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BEN) Franklin Resources Incorporated &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/05/23/ben-franklin-resources-incorporated-bull-of-the-day/74675</link>
		<comments>http://www.stockbloghub.com/2011/05/23/ben-franklin-resources-incorporated-bull-of-the-day/74675#comments</comments>
		<pubDate>Mon, 23 May 2011 13:59:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74675</guid>
		<description><![CDATA[Franklin Resources Inc.&#8217;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 under management (AUM), partially offset by increased operating expenses. Moreover, the results were ahead of earnings of $1.55 per share in the prior-year quarter and $2.23 per share in the prior quarter. Franklin&#8217;s global footprint is an exceptionally favorable strategic point, since its AUM is well diversified. This, coupled with a strong balance sheet and completion of recent acquisitions, is expected to cushion the company. Our six-month target price of $153.00 equates to about 17.4x our earnings estimate for 2011. We view $1.00 per share annual dividend as secure, implying an expected return of about 20.6% over that period. This ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/23/ben-franklin-resources-incorporated-bull-of-the-day/74675/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BEN) Franklin Resources Inc &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/05/18/ben-franklin-resources-inc-bull-of-the-day/74373</link>
		<comments>http://www.stockbloghub.com/2011/05/18/ben-franklin-resources-inc-bull-of-the-day/74373#comments</comments>
		<pubDate>Wed, 18 May 2011 18:09:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74373</guid>
		<description><![CDATA[Franklin Resources Inc.&#8217;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 under management (AUM), partially offset by increased operating expenses. Moreover, the results were ahead of earnings of $1.55 per share in the prior-year quarter and $2.23 per share in the prior quarter. Franklin&#8217;s global footprint is an exceptionally favorable strategic point, since its AUM is well diversified. This, coupled with a strong balance sheet and completion of recent acquisitions, is expected to cushion the company. However, regulatory restrictions could negatively impact the company&#8217;s AUM and increase its costs. Our six-month target price of $153.00 equates to about 17.4x our earnings estimate for 2011. We view $1.00 per share annual dividend ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/18/ben-franklin-resources-inc-bull-of-the-day/74373/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AMP) Stock Market News for March 10, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/10/amp-stock-market-news-for-march-10-2011-market-news/68495</link>
		<comments>http://www.stockbloghub.com/2011/03/10/amp-stock-market-news-for-march-10-2011-market-news/68495#comments</comments>
		<pubDate>Thu, 10 Mar 2011 17:35:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Ameriprise Financial Inc.]]></category>
		<category><![CDATA[AMP]]></category>
		<category><![CDATA[AMTD]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CIEN]]></category>
		<category><![CDATA[Ciena Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[Finisar Corporation]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[FNSR]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[JDS Uniphase Corporation]]></category>
		<category><![CDATA[JDSU]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[TD AMERITRADE Holding Corporation]]></category>
		<category><![CDATA[Texas Instruments Inc.]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TXN]]></category>
		<category><![CDATA[XOM]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68495</guid>
		<description><![CDATA[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&#38;P 500 has gained 95.4% since it slid to 676.53 on March 9, 2009. However, continuing unrest in the Persian Gulf and concerns over the conflict spreading to other oil rich nations continued to create apprehensions among investors. Technology stocks also weighed heavy on the indices following a weak outlook from Texas Instruments. The volatile fear gauge, CBOE Volatility Index rose above 20 and the advance decline ratio on the New York Stock Exchange was evenly balanced. On the NYSE, Nasdaq and AMEX, consolidated volumes were roughly 7.04 billion shares, below the daily average volumes of 8.47 billion of last year. The Dow ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/10/amp-stock-market-news-for-march-10-2011-market-news/68495/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AEO) Company News for March 10, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/03/10/aeo-company-news-for-march-10-2011-corporate-summary/68499</link>
		<comments>http://www.stockbloghub.com/2011/03/10/aeo-company-news-for-march-10-2011-corporate-summary/68499#comments</comments>
		<pubDate>Thu, 10 Mar 2011 17:34:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Apparel Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[AEO]]></category>
		<category><![CDATA[AeroVironment Inc.]]></category>
		<category><![CDATA[American Eagle Outfitters Inc.]]></category>
		<category><![CDATA[AVAV]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Catalyst Health Solutions Inc]]></category>
		<category><![CDATA[Ceradyne Inc.]]></category>
		<category><![CDATA[CHSI]]></category>
		<category><![CDATA[CRDN]]></category>
		<category><![CDATA[Finisar Corporation]]></category>
		<category><![CDATA[FNSR]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[NAV]]></category>
		<category><![CDATA[Navistar International Corporation]]></category>
		<category><![CDATA[Texas Instruments Inc.]]></category>
		<category><![CDATA[TXN]]></category>
		<category><![CDATA[WAG]]></category>
		<category><![CDATA[Walgreen Company]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68499</guid>
		<description><![CDATA[• 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 which makes remote controlled planes for the military, reported a 76% rise in its quarterly profit • Retailer American Eagle Outfitters (NYSE:AEO) said its Chief Executive Jim O’Donnell is retiring and also reported an increase in fourth-quarter profit • Catalyst Health Solutions Inc (NASDAQ:CHSI) announced its plans to buy Walgreen Co.’s (NYSE:WAG) pharmacy-benefit-management subsidiary Walgreens Health Initiatives for $525 million in cash • Ceramic product maker Ceradyne Inc (NASDAQ:CRDN) lifted its 2011 earnings forecast • Finisar Corporation (NASDAQ:FNSR), maker of fiber-optic equipment, reported a jump in its quarterly profits but offered a lower forecast below the Street’s expectations mainly because of slowing demand from China • Money manager Franklin Resources Inc (NYSE:BEN) ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/10/aeo-company-news-for-march-10-2011-corporate-summary/68499/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) Company News for October 12, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/10/12/aapl-company-news-for-october-12-2010-corporate-summary/54793</link>
		<comments>http://www.stockbloghub.com/2010/10/12/aapl-company-news-for-october-12-2010-corporate-summary/54793#comments</comments>
		<pubDate>Tue, 12 Oct 2010 14:26:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[Avon Products Inc.]]></category>
		<category><![CDATA[AVP]]></category>
		<category><![CDATA[BBY]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Best Buy Company Inc]]></category>
		<category><![CDATA[ESS]]></category>
		<category><![CDATA[Essex Property Trust Inc.]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JCI]]></category>
		<category><![CDATA[Johnson Controls Inc.]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54793</guid>
		<description><![CDATA[• Microsoft (NASDAQ:MSFT) took the veil off its new line of smartphones based on its Microsoft 7 operating system on AT&#38;T (NYSE:T) networks. Early reviews were positive • Wal-Mart (NYSE:WMT) announced plans to start selling Apple (NASDAQ:AAPL) iPads on Friday • Rumors surfaced that Avon Products (NYSE:AVP) could be acquired by L&#8217;Oreal for $44 per share • FBR maintained a &#8220;buy&#8221; rating on Best Buy (NYSE:BBY), with a price target of $35 • Johnson Controls (NYSE:JCI) issued its 2011 earnings and revenue guidance. The company said it sees earnings of $2.30 to $2.45 a share on revenues of $37 billion • FBR reiterated an &#8220;outperform&#8221; on Franklin Resources (NYSE:BEN), raising the price target from $127 to $130 • Goldman Sachs (NYSE:GS) upgraded Essex Property (NYSE:ESS) from &#8220;sell&#8221; to &#8220;neutral,&#8221; and lifted the price target from $85 to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/12/aapl-company-news-for-october-12-2010-corporate-summary/54793/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) Congressional Budget Office Reports on Deficits, Budget</title>
		<link>http://www.stockbloghub.com/2010/08/22/trow-congressional-budget-office-reports-on-deficits-budget/48689</link>
		<comments>http://www.stockbloghub.com/2010/08/22/trow-congressional-budget-office-reports-on-deficits-budget/48689#comments</comments>
		<pubDate>Mon, 23 Aug 2010 04:25:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48689</guid>
		<description><![CDATA[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 it projected last time it did the numbers in March. For 2011 and beyond, the CBO is required by law to assume that current law remains in place, which means that all of the tax cuts of 2001 and 2003 expire on schedule. That is unlikely to happen, as the current political fight is if we should extend all of the tax cuts, or just the tax cuts that impact 97% of all people. If all the tax cuts were to expire, we would see a dramatic decline ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/22/trow-congressional-budget-office-reports-on-deficits-budget/48689/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(BLK) BlackRock Announces Plans to Double Mexican Asset Portfolio</title>
		<link>http://www.stockbloghub.com/2010/06/18/blk-blackrock-announces-plans-to-double-mexican-asset-portfolio/40733</link>
		<comments>http://www.stockbloghub.com/2010/06/18/blk-blackrock-announces-plans-to-double-mexican-asset-portfolio/40733#comments</comments>
		<pubDate>Fri, 18 Jun 2010 17:49:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=40733</guid>
		<description><![CDATA[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) by many foreign and institutional investors. Black Rock’s major business interest in Mexico is the iShare group of ETFs. In December 2009, the company had acquired Barclays Global Investors and the iShare ETFs from Barclays plc (BCS), for $13.5 billion. Through the Mexican Stock Exchange&#8217;s (MSE) international system of quotations, BlackRock offers 133 ETFs and 12 are listed on the exchange. Half of these 12 ETFs are of the Mexican government and corporate-bond ETFs and the other half are of Mexican equities ETFs that also includes iShares Naftrac ETF. Last year, iShares had acquired Naftrac ETF, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/18/blk-blackrock-announces-plans-to-double-mexican-asset-portfolio/40733/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BEN) Franklin Resources Announced it Priced Notes Offerings</title>
		<link>http://www.stockbloghub.com/2010/05/24/ben-franklin-resources-announced-it-priced-notes-offerings/37616</link>
		<comments>http://www.stockbloghub.com/2010/05/24/ben-franklin-resources-announced-it-priced-notes-offerings/37616#comments</comments>
		<pubDate>Mon, 24 May 2010 21:09:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37616</guid>
		<description><![CDATA[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 principal amount of 3.125% notes due 2015 at an issue price of 99.890%, and $350 million aggregate principal amount of 4.625% notes due 2020 at an issue price of 99.889%. The proceeds from the offering, which is expected to close on May 20, 2010, is intended to be used for general corporate purposes. Moreover, Franklin may use the proceeds for the repayment of its previously issued commercial paper. As of March 31, 2010, Franklin’s debt consisted of commercial paper with a total face value of $286.0 million, which was issued at a weighted-average annualized interest rate ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/ben-franklin-resources-announced-it-priced-notes-offerings/37616/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(BEN) Franklin Resources Benefits from New Assets</title>
		<link>http://www.stockbloghub.com/2010/01/30/ben-franklin-resources-benefits-from-new-assets/26391</link>
		<comments>http://www.stockbloghub.com/2010/01/30/ben-franklin-resources-benefits-from-new-assets/26391#comments</comments>
		<pubDate>Sat, 30 Jan 2010 21:26:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26391</guid>
		<description><![CDATA[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 better-than-expected results reflected a greater inflow of cash in its funds. Total operating revenues increased 42.0% year-over-year to $1.4 billion, primarily led by higher investment management fees, underwriting and distribution fees. Total operating expenses increased 30.0% year-over-year to $910.4 million, mainly led by an increase in underwriting and distribution, higher compensation and benefits. Total assets under management (AUM) by the company’s subsidiaries were $553.5 billion, compared to $416.2 billion last year. Simple monthly average AUM during the quarter was $534.9 billion as compared to $438.7 billion in the same quarter a year ago. Franklin is healthy from a ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(BEN) Franklin Resources Quarterly Report is Well Ahead of Estimates</title>
		<link>http://www.stockbloghub.com/2009/10/28/ben-franklin-resources-quarterly-report-is-well-ahead-of-estimates/19054</link>
		<comments>http://www.stockbloghub.com/2009/10/28/ben-franklin-resources-quarterly-report-is-well-ahead-of-estimates/19054#comments</comments>
		<pubDate>Wed, 28 Oct 2009 22:14:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19054</guid>
		<description><![CDATA[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. Results were positively impacted by an increase in its portfolio funds by $12.2 billion. Total revenues declined 6% year over year to $1.2 billion. The decline was brought about by a decrease in investment management fees. Operating income for the quarter was $384.7 million, compared to $412.0 million last year. Operating expenses decreased 6% year over year to $854.2 million due to a decrease in compensation and benefits expenses and other expenses. Franklin’s assets under management increased 3% year over year to $523.4 billion. The increase is attributed to increased funds flow of $12.2 billion during ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/28/ben-franklin-resources-quarterly-report-is-well-ahead-of-estimates/19054/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BLK) BlackRock Gives “Ups” to the Dollar</title>
		<link>http://www.stockbloghub.com/2009/09/18/blk-blackrock-gives-%e2%80%9cups%e2%80%9d-to-the-dollar/15590</link>
		<comments>http://www.stockbloghub.com/2009/09/18/blk-blackrock-gives-%e2%80%9cups%e2%80%9d-to-the-dollar/15590#comments</comments>
		<pubDate>Fri, 18 Sep 2009 17:24:40 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15590</guid>
		<description><![CDATA[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 stated that they believe the U.S. dollar to be the best long-term currency to protect wealth. Coming from BlackRock, that’s a strong endorsement. Relatively unknown prior to the financial crisis, BlackRock advised a substantial group of “A-listers” on what to do during the collapse. The result is that BlackRock now counts itself as having the largest amount of funds under management. That’s $1.307 trillion. Asset manager behemoths like T. Rowe Price (Nasdaq: TROW), Franklin Resources (NYSE: BEN) and Morgan Stanley (NYSE: MS) must have been stunned to see ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PCE) Personal Savings Rate Dips in July</title>
		<link>http://www.stockbloghub.com/2009/08/28/pce-personal-savings-rate-dips-in-july/13823</link>
		<comments>http://www.stockbloghub.com/2009/08/28/pce-personal-savings-rate-dips-in-july/13823#comments</comments>
		<pubDate>Fri, 28 Aug 2009 22:55:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Family Dollar Stores Inc.]]></category>
		<category><![CDATA[FDO]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Gap Inc.]]></category>
		<category><![CDATA[GPS]]></category>
		<category><![CDATA[J. C. Penney Company]]></category>
		<category><![CDATA[JCP]]></category>
		<category><![CDATA[MAR]]></category>
		<category><![CDATA[Marriott International Inc.]]></category>
		<category><![CDATA[Pacific Office Properties Trus]]></category>
		<category><![CDATA[PCE]]></category>
		<category><![CDATA[UAL Corporation]]></category>
		<category><![CDATA[UAUA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13823</guid>
		<description><![CDATA[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 &#8212; except it was a decline of $4.6 billion, but that is also less than 0.1%. On the other hand, consumer spending, or personal consumption expenditures (PCE) Incorporatedreased by $25.0 billion or 0.2%. Well what happens if income is flat and spending rises?  The savings rate falls. In July, the savings rate dipped to 4.2% from 4.5% in June and from 6.0% in May. The rise in spending appeared to mostly be tied to the Cash for Clunkers program. Since it was only in effect for the last week of July, and for most of August, I would not ]]></description>
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		<slash:comments>0</slash:comments>
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	</channel>
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