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Franklin's October AUM Balance Declines Sequentially on Net Outflows
ZACKS· 2024-11-12 18:31
Franklin Resources, Inc. (BEN) reported its preliminary assets under management (AUM) of $1.63 trillion as of Oct. 31, 2024. This reflected a decrease of 2.9% from the prior month.The decline in the AUM balance was due to the impacts of negative markets and long-term net outflows of $18.5 billion, including the previously disclosed $17.8 billion of long-term net outflows at Western Asset Management.Break Down of BEN’s AUM Based on Asset ClassBEN recorded equity assets of $618.2 billion, which fell 2.2% from ...
BEN INVESTOR NEWS: Lost Money on Your Franklin Resources, Inc. Investment? Contact BFA Law about its Ongoing Securities Fraud Investigation (NYSE:BEN)
GlobeNewswire News Room· 2024-11-12 13:31
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better know ...
BEN INVESTOR UPDATE: Did Franklin Resources, Inc. Mislead Investors Causing Losses? Contact BFA Law about its Pending Securities Fraud Investigation (NYSE:BEN)
GlobeNewswire News Room· 2024-11-10 12:11
NEW YORK, Nov. 10, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better know ...
BEN Appoints Walid Khiari as New CFO and COO, Driving Growth and Innovation
GlobeNewswire News Room· 2024-11-08 13:30
JACKSON, Wyo., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), a global leader in secure and reliable conversational AI solutions, proudly announces the appointment of Walid Khiari as Chief Financial Officer (CFO) and Chief Operating Officer (COO), effective November 18, 2024. This strategic leadership addition underscores BEN’s commitment to growth, innovation, and financial excellence. Walid Khiari, newly appointed CFO and COO of Brand Engagement Network Inc. With ...
BEN INVESTOR NEWS: Franklin Resources, Inc. Investors with Losses May have been Affected by Fraud; Contact BFA Law (NYSE:BEN)
GlobeNewswire News Room· 2024-11-08 11:35
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better know ...
BEN Announces Date of Third Quarter 2024 Financial Results Conference Call
GlobeNewswire News Room· 2024-11-07 21:15
JACKSON, Wyo., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), a leading provider of safe, intelligent, and scalable customer engagement AI, announced today that it will release its financial results for the third quarter, which ended on September 30, 2024. The results will be announced on Thursday, November 14, 2024, after the market close. The company will host a conference call to discuss these results at 5:00 p.m. ET on the same day. CEO Paul Chang and CFO Bill Wi ...
BEN STOCK REPORT: Franklin Resources, Inc. Investors are Notified to Contact BFA Law about the Securities Fraud Investigation after CFTC Announces Inquiry (NYSE:BEN)
GlobeNewswire News Room· 2024-11-06 11:41
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better know ...
BEN BREAKING NEWS: The CFPB Announces an Investigation into Franklin Resources, Inc.; Investors that Lost Money are Urged to Contact BFA Law
GlobeNewswire News Room· 2024-11-04 21:09
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better know ...
Franklin Q4 Earnings Miss on Higher Costs, AUM Rises Sequentially
ZACKS· 2024-11-04 18:16
Franklin Resources Inc. (BEN) reported fourth-quarter fiscal 2024 (ended Sept. 30) adjusted earnings of 59 cents per share, which missed the Zacks Consensus Estimate of 60 cents. Also, the bottom line decreased 29.7% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.BEN’s results were affected by a rise in its operating expenses. However, an increase in assets under management (AUM) balances, along with rising revenues, offered support. Net loss was $84.7 m ...
Franklin Resources(BEN) - 2024 Q4 - Earnings Call Transcript
2024-11-04 17:26
Call Start: 11:00 January 1, 0000 12:00 PM ET Franklin Resources, Inc. (NYSE:BEN) Q4 2024 Earnings Conference Call November 04, 2024 11:00 AM ET Company Participants Selene Oh - Chief Communications Officer & Head of Investor Relations Jenny Johnson - President & Chief Executive Officer Matt Nicholls - Chief Financial Officer & Chief Operating Officer Adam Spector - Head, Global Distribution Conference Call Participants Bill Katz - TD Cowen Benjamin Budish - Barclays Dan Fannon - Jefferies Michael Cyprys - ...