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Franklin Resources, Inc. - BEN STOCK NEWS

Welcome to our dedicated news page for Franklin Resources (Ticker: BEN), a resource for investors and traders seeking the latest updates and insights on Franklin Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Franklin Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Franklin Resources's position in the market.

News
Lexington Partners Raises $22.7 Billion for Global Secondary Fund Providing Liquidity Solutions to Owners of Private Investments
Rhea-AI Summary
Lexington Partners (Lexington) has announced the successful completion of fundraising for Lexington Capital Partners X, L.P. (LCP X) with $22.7 billion of total capital commitments, surpassing its $15 billion target. LCP X is a 2022 vintage fund that is now more than 40% committed, with a diversified portfolio of more than 50 transactions. The fund strategy focuses on the acquisition of private equity and alternative asset partnership portfolios from large-scale investors, with significant growth expected in the global secondary market in the years ahead.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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Franklin Resources, Inc. to Announce First Quarter Results on January 29, 2024
Rhea-AI Summary
Franklin Resources, Inc. (BEN) will release its first quarter operating results on January 29, 2024. President and CEO, Jenny Johnson, along with other executives, will lead a live teleconference to discuss the results and answer questions. Access to the teleconference will be available via investors.franklinresources.com or by dialing (+1) 888-396-8049 in North America or (+1) 416-764-8646 in other locations. A replay of the teleconference can be accessed by calling (+1) 877-674-7070 in North America or (+1) 416-764-8692 in other locations after 2:00 p.m. Eastern Time on January 29, 2024 through February 5, 2024, or via investors.franklinresources.com.
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TIFIN and Franklin Templeton Join Forces to Introduce TIFIN @Work, An Innovative Financial Wellness Solution for Employees
Rhea-AI Summary
TIFIN and Franklin Templeton announce partnership to launch TIFIN @Work, a groundbreaking financial wellness solution designed to empower employees and enhance their financial well-being. The offering enables a white-labeled solution for plan advisers to deliver an AI-powered, actionable advice platform for workplace benefits and financial wellness. The partnership combines TIFIN's technological innovation in AI with Franklin Templeton's deep plan adviser network and expertise in the defined contribution industry to create a positive impact across the defined contribution and plan adviser ecosystems.
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0.71%
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Fiduciary Trust International Welcomes Matthew W. McKean as Wealth Director in Boca Raton Office
Rhea-AI Summary
Fiduciary Trust International (FTI) has announced that industry veteran Matt McKean has joined the firm as a wealth director based in its Boca Raton office. McKean specializes in multi-generational tax advice and tailored financial strategies for high-net-worth individuals and families, as well as sophisticated investment solutions for foundations and endowments. His addition is expected to drive further growth in the greater South Florida area, which has seen an influx of wealth and business relocation over the past decade.
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End-of-Day
-3.48%
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Franklin Templeton Completes Acquisition of Putnam Investments
Rhea-AI Summary
Franklin Resources, Inc. [NYSE:BEN] completes acquisition of Putnam Investments from Great-West Lifeco, Inc., accelerating growth in the retirement sector and increasing defined contribution AUM to over $100 billion.
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-1.68%
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acquisition
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Western Asset Inflation-Linked Opportunities & Income Fund (WIW or “the Fund”; CUSIP: 95766R104) Announces Notification of Sources of Distributions
Rhea-AI Summary
Western Asset Inflation-Linked Opportunities & Income Fund (WIW) announces estimated sources of distributions for December 29, 2023, and fiscal year 2023, including net investment income, realized capital gains, and return of capital.
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-0.9%
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Franklin Templeton Recognizes Employees for Contributions to the Community
Rhea-AI Summary
Franklin Templeton (FT) recognizes Prerna Nemali, Senior Analyst, Investment and Trade Client Services, with the 2023 Harmon E. Burns Award for her outstanding community service through the nonprofit With You, Spreading Smiles. The award, named after long-time employee Harmon Burns, honors employees making extraordinary contributions to their communities. Prerna's work with With You includes various social service initiatives, such as food and blood donation drives, providing necessities to the homeless, clearing pending school fees for underprivileged students, and fulfilling wishes of HIV-affected children. With You stands out for its diverse initiatives and unique approach of not fundraising but relying on the power of kind acts over cash.
Rhea-AI Impact
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End-of-Day
-1.68%
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Franklin Resources, Inc. Announces Quarterly Dividend and Addition to Stock Repurchase Program
Rhea-AI Summary
Franklin Resources, Inc. (NYSE:BEN) announced a 3.3% increase in its quarterly cash dividend to $0.31 per share, payable on January 12, 2024. The company has consistently raised its dividend every year since 1981 and has authorized the repurchase of up to 27.2 million additional shares of its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.11%
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Fiduciary Trust International’s Board of Directors Elevates Senior Executives
Rhea-AI Summary
Fiduciary Trust International (FTI) announces Gene Todd as the new President, Craig S. Richards as the COO, and Leslie Gillin Bohner as the General Trust Counsel. Todd, who joined in January 2020, will continue to lead regional offices and work on growing market share, revenue, and profitability. Bohner will oversee trust and estate operations and lead the Delaware business, while Richards will manage the delivery of wealth management services. The leadership changes reflect the company's commitment to growth and stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
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management
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Franklin Templeton Recognized in Pensions & Investments Best Places to Work in Money Management
Rhea-AI Summary
Franklin Templeton (BEN) and its investment managers, Clarion Partners and ClearBridge Investments, were recognized in the 2023 Best Places to Work in Money Management program by Pensions & Investments. Franklin Templeton was included in the Super Employers category, while Clarion Partners and ClearBridge Investments were included in the Large Employers category. The survey and recognition program aims to identify and honor the best employers in the money management industry. The companies were evaluated based on workplace policies, practices, philosophy, systems, demographics, and employee experience. Franklin Templeton's CEO emphasized the importance of inclusive values-based culture and empowering employees. The companies prioritize collaboration, continuous learning, total rewards, and professional development to support employee well-being. The recognition reflects their commitment to building and maintaining a strong workplace culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
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Franklin Resources, Inc.

NYSE:BEN

BEN Rankings

#668 Ranked by Market Cap
#2257 Ranked by Stock Gains
#650 Ranked by Dividends

BEN Stock Data

13.01B
313.06M
40.24%
48.81%
4.15%
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San Mateo

About BEN

franklin resources, inc. [nyse:ben] is a global investment management organization with subsidiaries operating as franklin templeton (www.franklinresources.com). the products, services, information and materials referenced in this site may not be available to residents in certain jurisdictions. consult with an investment professional or contact your local franklin templeton office for more information. this site and the information contained herein is not intended to constitute an offer to sell or an invitation or solicitation of an offer to buy any product or service by franklin templeton. nothing in this website should be construed as investment, tax, legal or other advice. all investments involve risks, including potential loss of principal.linkedin is owned by a third party unaffiliated with us. we are not responsible for linkedin’s privacy, security, or terms of use policies that control this service, nor their content, software, or tools (or those of any third party’s) that are