JACKSON, Wyo., May 29, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, today announced that Co-CEO Paul Chang will present at the Maxim Group’s 2024 Virtual Tech Conference (Charting the Course: Navigating the Intersection of TMT and Business in the AI Era). The presentation will take place virtually on Wednesday, June 5, 2024 at 12:30 p.m. ET. A live webcast and replay will be available on the Company's investor rel ...

maogg/E+ via Getty Images In mid-October of last year, I announced to a relatively disinterested world that I was going to hold off buying back into Franklin Resources, Inc. (NYSE:BEN) ahead of their final year earnings. Since then, the shares have returned about 4.14% against a gain of about 21.7% for the S&P 500. I thought I’d review the name yet again to see if it makes sense to buy back in. I’ve previously done relatively well on Franklin Resources, and I hope to repeat that performance. I don’t men ...

Investors seeking attractive dividend yields amid the current uncertain macroeconomic environment can consider Franklin Resources, Inc. (BEN) , a fundamentally solid investment manager.The majority of BEN’s operating revenues and net income is derived from offering investment management and related services to retail mutual funds, and institutional and high-net-worth investors in jurisdictions worldwide.It announced a 3.3% hike in the common stock dividend to 31 cents in December 2023. In the past five year ...

Going against the crowd isn’t easy. When everyone runs one way, it is hard to charge ahead in the other direction. Yet with the stock market, being a contrarian can be profitable. As Warren Buffett has said, be fearful when others are greedy, and greedy when others are fearful.Now it is quite difficult to get analysts to rate a stock as a sell. Whether it is because they don’t want their firms to lose out on potential fees from financings or just because the overall direction of the market is up so most sto ...

These three reliable dividend payers have historically high yields thanks to deep price declines.To be fair, it doesn't take a lot to offer a higher yield than the 1.3% investors are collecting today from the S&P 500 index. And yet investors looking for down-and-out stocks with high yields will still like what Realty Income (O 0.70%), Franklin Resources (BEN -1.66%), and Hormel Foods (HRL 0.68%) have to offer. But the story behind each stock is much bigger than just an attractive dividend yield.1. Realty In ...

Franklin Resources, Inc. (BEN) reported its preliminary assets under management (AUM) of $1.60 trillion as of Apr 30, 2024. This reflected a decrease of 2.5% from the prior month’s level.The decline in AUM balance was primarily due to the impact of negative markets and long-term net outflows, including $5.9 billion related to the $25 billion AUM received from the Great-West Lifeco acquistion.BEN recorded equity assets of $564.4 billion, which declined 4.8% from the previous month. Further, fixed income AUM ...

Franklin Resources Inc.’s (BEN) second-quarter fiscal 2024 (ended Mar 31, 2023) adjusted earnings of 56 cents per share missed the Zacks Consensus Estimate of 57 cents. The bottom line declined 8% year over year.BEN’s results have benefited from a rise in revenues and an improvement in the assets under management (AUM) balance. Also, the company’s balance sheet position remained robust in the quarter. However, higher expenses were headwinds.   Adjusted operating income was $419.6 million compared with the p ...

For the quarter ended March 2024, Franklin Resources (BEN) reported revenue of $2.15 billion, up 11.7% over the same period last year. EPS came in at $0.56, compared to $0.61 in the year-ago quarter.The reported revenue represents a surprise of +3.04% over the Zacks Consensus Estimate of $2.09 billion. With the consensus EPS estimate being $0.57, the EPS surprise was -1.75%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Franklin Resources (BEN) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.75%. A quarter ago, it was expected that this investment manager would post earnings of $0.57 per share when it actually produced earnings of $0.65, delivering a surprise of 14.04%.Over the last four quarters, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Delaware 13-2670991 (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-09318 FRANKLIN RESOURCES, INC. (Exact name of registrant as specified in its charter) (St ...