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Franklin Resources Inc

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  • June 30- Puerto Rico's troubles continued to worsen on Monday after mutual funds holding about $1.7 billion in its debt sued the commonwealth while other investors sold the bonds on concerns the island's finances could deteriorate further.

  • June 30- U.S. mutual funds holding about $1.7 billion in Puerto Rico debt have sued the cash-strapped commonwealth, accusing it of passing a law modeled after the U.S. bankruptcy code that could undermine the rights of American investors.

  • June 30- U.S. mutual funds holding about $1.7 billion in Puerto Rico debt have sued the cash-strapped commonwealth, accusing the Caribbean island of passing an act modeled after the U.S. bankruptcy code in what could be a potential threat to American investors. Puerto Rico is one of the largest issuers of debt in the U.S. municipal bond market.

  • BOSTON, April 16- Templeton bond fund manager Michael Hasenstab, a major investor in Ukraine debt, maintained his exposure to the crisis-torn country in one of his small emerging-market funds.

  • BOSTON, April 9- Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, says he is confident the country can flourish over the next decade and that the international community can put together a reform package to solve any short-term liquidity and solvency issues.

  • BOSTON, April 9- Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, expressed confidence in newly released commentary that the country can flourish over the next decade and the international community can put together a reform package to solve any short-term liquidity and solvency issues.

  • Redemptions force funds to unload Puerto Rico debt Saturday, 8 Feb 2014 | 10:42 AM ET
    A vacant building in the Santurce neighborhood of San Juan, Puerto Rico.

    US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.

  • BOSTON, Feb 7- 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, taking heavy losses after a year-long slide in prices.

  • Jan 30- Franklin Resources Inc said on Thursday its quarterly profit rose 17 percent as market gains drove up assets, helping the fund manager beat analysts' expectations and sending its shares up 2 percent in early trading.

  • Franklin Resources profit rises 17 percent Thursday, 30 Jan 2014 | 8:42 AM ET

    Jan 30- Fund manager Franklin Resources Inc said on Thursday its quarterly profit rose 17 percent as market gains drove up assets. For the first quarter ended Dec. 31, the San Mateo, California- based company reported net income of $603.8 million, or 96 cents per share, up from $516.1 million, or 81 cents per share, a year earlier.

  • After-hours buzz: Ulta, United Natural & more Thursday, 12 Sep 2013 | 4:34 PM ET

    Check out which companies are making headlines after the bell Thursday:

  • Lightning Round: AT&T, Seadrill & More Tuesday, 30 Jul 2013 | 6:44 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • U.S. stock index futures ticked lower on Monday, ahead of the Federal Reserve meeting and another heavy week for second quarter earnings.

  • Gold Mining Stocks ‘Too Cheap’: Rick Rule Tuesday, 2 Jul 2013 | 6:11 PM ET

    The winning gold trade isn't directly in the precious metal, Rick Rule says.

  • Check out which companies are making headlines after the bell Thursday:

  • SEC Blesses Fidelity's First Actively Managed ETFs Tuesday, 14 May 2013 | 11:54 AM ET
    Fidelity Investments

    Fidelity Investments received permission from U.S. regulators to open its own actively managed exchange-traded funds.

  • ‘The Story Is Stocks’: Laszlo Birinyi Thursday, 28 Mar 2013 | 1:27 PM ET

    The rally makes it crucial to pick cream-of-the-crop stocks, Laszlo Birinyi of Birinyi Associates says.

  • Special Dividends? These Names Could Pop: Pros Tuesday, 13 Nov 2012 | 5:55 PM ET

    A looming increase in taxes could force the hand of some companies to issue special dividends before year end, making it a record year for payouts, but which ones?

  • Oct 25- Two big asset managers reported quarterly revenue declines on Thursday as investors moved into lower-fee fixed-income funds. Janus Capital Group said its third-quarter revenue had fallen 12 percent to $209 million, mostly because it had added more performance fees for its mutual funds.

  • Oct 25- Asset manager Franklin Resources Inc said on Thursday its quarterly profit rose and just beat Wall Street expectations, but revenue fell and expenses increased. For its fiscal fourth quarter ended Sept. 30, Franklin said net income rose to $492.1 million, or $2.31 per share, from $416 million, or $1.88 per share, in the same period a year earlier.