SAN MATEO, Calif. _ Franklin Resources Inc. on Thursday reported fiscal third-quarter net income of $446.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. Franklin Resources shares have decreased slightly more than 5 percent since the beginning of the year, while the Standard& Poor's...
Goldman Sachs has told staff at its asset management division GSAM to tighten their belts amidst poor performance, the FT reports.
Jim Cramer lays out why talk of a rate hike is hurting the home of the Big Mac.
Is it time to look for investment opportunities among big asset management firms? Mike Santoli takes a look.
The decline in junk bonds is putting pressure on higher quality corporate debt in an energy "daisy chain," billionaire Wilbur Ross tells CNBC.
U.S. stock futures were sharply higher this morning, after Monday's strong gains on Wall Street.
Goldman Sachs released a report that discusses the high-yield market's impact on asset managers.
Sovereign wealth funds in the Gulf have been pulling money out of asset managers at the fastest rate on record, the Financial Times reports.
CNBC senior markets commentator Michael Santoli lists out-of-favor stocks that may make them attractive to underperforming money managers.
Delphi Management founder Scott Black says the S&P 500 is already "fully valued," while small- and mid-cap companies are "overvalued."
Susan Byrne, founder and chairman of Westwood Holdings, is making a bet that eBay will likely issue a dividend following the spin off of PayPal.
Delphi's Scott Black takes a very diversified approach to the Squawk Box Platinum Portfolio.
Susan Byrne, a member of the "Squawk Box" Portfolio Challenge, likes three companies that raised their dividends three times each over the last decade.
Franklin Resources on Monday reported fiscal fourth-quarter profit of $640.6 million.
Mutual funds that hold municipal bonds in Puerto Rico are suing the commonwealth over its newly passed law dealing with bankruptcy.
Michael Hasenstab said that Japan's easy money policy will bolster global liquidity, but he warned that debt conditions there are worrisome.
U.S. stock index futures pointed to a higher open on Monday, after Pfizer confirmed it had made a second bid for AstraZeneca.
US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.
U.S. mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt to meet investor redemption demands.
Check out which companies are making headlines after the bell Thursday: