| 2024-11-19 | -1.47 % |
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| 2024-11-18 | +0.6 % |
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| 2024-11-14 | +0.28 % |
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| 2024-11-08 | -1.17 % |
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| 2024-11-07 | -1.11 % |
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| 2024-11-05 | +3.92 % |
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| 2024-11-04 | -3.26 % |
- Franklin Resources, Inc. (BEN) stock declined by 3.26% last night, following an announcement that Nisa Investment Advisors LLC reduced its stake in the company by 23.0% during the third quarter, amid broader negative sentiment reflected in recent price target reductions and ratings from several analysts.
- The article reports that Franklin Resources (BEN) stock fell by 3.26% due to a broad sell-off in the Indian stock market driven by concerns over global events, foreign fund outflows to China, and profit booking by foreign institutional investors ahead of significant upcoming U.S. elections.
- Franklin Resources (BEN) stock dropped by 3.26% recently, likely due to broader market concerns about rising living costs and a decline in investor confidence related to dividend cuts and inconsistent asset values in actively managed funds, as highlighted by trends observed in investment strategies discussed by individual investors in the financial community.
- Franklin Resources (BEN) stock fell by 3.26% due to broader sell-offs in the Indian equity markets amidst concerns over global events, heavy foreign fund outflows, and the anticipation of the upcoming U.S. presidential elections, which negatively impacted investor sentiment.
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| 2024-10-30 | +0.29 % |
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| 2024-10-28 | +2.01 % |
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| 2024-10-24 | +0.7 % |
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| 2024-10-23 | -1.42 % |
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| 2024-10-22 | -0.78 % |
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| 2024-10-18 | +1.5 % |
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| 2024-10-17 | +0.63 % |
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| 2024-10-16 | +1.43 % |
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| 2024-10-15 | +0.65 % |
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| 2024-10-14 | +0.05 % |
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| 2024-10-09 | +1.34 % |
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| 2024-10-08 | -1.17 % |
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| 2024-10-04 | +1.69 % |
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| 2024-10-01 | -2.18 % |
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| 2024-09-30 | -3.08 % |
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| 2024-09-27 | +0.68 % |
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| 2024-09-25 | -2.04 % |
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| 2024-09-19 | +2.35 % |
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| 2024-09-17 | +1.19 % |
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| 2024-09-13 | +1.17 % |
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| 2024-09-12 | +1.18 % |
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| 2024-09-11 | -0.31 % |
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| 2024-09-10 | -0.26 % |
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| 2024-09-05 | -1.76 % |
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| 2024-09-03 | -0.3 % |
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| 2024-08-30 | +1.35 % |
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| 2024-08-15 | +1.86 % |
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| 2024-08-02 | -1.62 % |
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| 2024-08-01 | -2.75 % |
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| 2024-07-23 | -1.4 % |
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| 2024-07-11 | +2.81 % |
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| 2024-07-03 | +0.94 % |
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| 2024-07-01 | -0.98 % |
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| 2024-06-24 | +1.49 % |
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| 2024-06-20 | +0.89 % |
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| 2024-06-17 | +1.51 % |
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| 2024-06-14 | -0.59 % |
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| 2024-06-13 | -2.75 % |
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| 2024-06-12 | -1.18 % |
- The article discusses Franklin Templeton's subsidiary, Fiduciary Trust International, expanding its team in New York with the addition of Erica B. Landeros as trust counsel, emphasizing her background in wealth planning. Franklin Resources (BEN) stock went down likely due to factors unrelated to this announcement, such as market conditions, overall financial performance, or external events affecting the stock market.
- The article discusses Franklin Templeton Institute’s Global Investment Management Survey that indicates professional investors are more optimistic about the U.S. economy, leading to positive signs in various aspects such as corporate earnings. However, despite these positive indicators, Franklin Resources (BEN) stock was down by 1.18% last night, attributed to the belief that there is no more upside for the S&P 500 Index due to the stock market being considered expensive based on the survey results.
- The article discusses the findings of Franklin Templeton Institute's Global Investment Management Survey, highlighting increased optimism among professional investors regarding the U.S. economy and various investment sectors. The Franklin Resources (BEN) stock was down by -1.18%, potentially influenced by concerns that there may be no further upside for the S&P 500 Index due to the expensive valuation of the stock market.
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| 2024-06-11 | -1.71 % |
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| 2024-06-07 | -1.42 % |
- The article provides unaudited financial data of ClearBridge MLP and Midstream Total Return Fund Inc., an investment company advised by Franklin Templeton Fund Adviser, LLC, a subsidiary of Franklin Resources, Inc. The stock of Franklin Resources (BEN) went down by -1.42% last night possibly due to market conditions or investor sentiment.
- The article discusses how Franklin Resources Inc., a hedge fund, increased its position in Olin Co., affecting the company's stock, which experienced a 1.42% decrease in value last night.
The reason the Franklin Resources Inc. increased its position in Olin Co. may have contributed to the decline in Franklin Resources' stock value, potentially reflecting a shift in their investment portfolio or market sentiment towards Olin Co.
- The Templeton Emerging Markets Income Fund announced a monthly distribution, but the article mainly discusses Franklin Resources (BEN) being a global investment management organization that aims to help clients achieve better outcomes through investment management expertise, wealth management, and technology solutions, with over $1.6 trillion in assets under management as of April 30, 2024. Franklin Resources (BEN) stock went down -1.42% due to various factors affecting the market, such as market fluctuations, investor sentiments, and company-specific news.
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| 2024-06-06 | -0.43 % |
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| 2024-06-05 | -0.55 % |
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| 2024-06-03 | -0.85 % |
- The article discusses the Franklin Resources (BEN) stock, which was down by -0.85% last night. The stock likely went down due to the fund's estimated distribution, suggesting potential returns of capital to shareholders rather than reflecting investment performance.
- The article provides an update on the portfolio management team of a Fund managed by Franklin Resources (BEN), and the stock was down by -0.85% last night. The reason for the stock going down was not specifically mentioned in the article, but stock prices of closed-end funds, like BEN, can fluctuate based on market conditions and may trade at a discount to their net asset value, increasing the risk of loss for investors.
- The article discusses Franklin Resources (BEN) stock being down by -0.85% last night, and the possible reason for this decline could be due to the fund's estimated distribution exceeding its income and net realized capital gains, leading to a portion of the distribution being a return of capital, which may impact investor sentiment.
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| 2024-05-31 | +2.34 % |
- The article discusses Franklin Resources Inc. increasing its position in Ball Co., with its stock rising by 2.34% last night, attributing the stock increase to various institutional investors and hedge funds buying and selling shares of the company, as well as insider acquisitions and sales, coupled with positive earnings results and a share repurchase plan by Ball.
- Summary: Franklin Resources Inc. increased its stake in Apartment Income REIT Corp. and this investment led to a rise in Franklin Resources' stock (BEN) by 2.34%.
Reason for Stock Increase: The article does not explicitly state the reason for the rise in Franklin Resources' stock (BEN); however, it can be inferred that the increase in stake in Apartment Income REIT Corp. by Franklin Resources Inc. and other institutional investors and hedge funds may have positively impacted market sentiment towards BEN, leading to the rise in its stock price.
- The article discusses Franklin Resources Inc. increasing its holdings in shares of Vanguard Total Stock Market ETF, with the stock rising by 2.34% last night, likely due to various large investors, including Franklin Resources Inc., boosting their positions in the ETF, which is reflective of a positive market sentiment towards the fund.
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| 2024-05-30 | +1.41 % |
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| 2024-05-23 | -2.65 % |
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| 2024-05-22 | -0.46 % |
- The article indicates that Franklin Resources stock (BEN) has been underperforming the market for the past year, leading to a recent 0.46% decrease, likely due to ongoing pessimism among Wall Street analysts about the company's future.
- The article discusses Franklin Templeton Fund Adviser, LLC's announcement of distributions for June, July, and August 2024, but does not indicate any specific reason why the Franklin Resources (BEN) stock went down by -0.46% last night.
- The article is about Franklin Templeton Fund Adviser, LLC declaring distributions for certain closed-end funds for June, July, and August 2024, and the estimated sources of cumulative fiscal year-to-date distributions for these funds. Franklin Resources' (BEN) stock went down by -0.46% last night possibly due to factors influencing market conditions and investor perceptions.
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| 2024-05-21 | -0.29 % |
- Summary: Franklin Resources (BEN) stock was down by -0.29% last night due to Meta shareholder Lisette Cooper, PhD, filing a resolution requesting Meta to adopt targets for reducing dangers to children on its social media platforms, leading to concerns about potential financial, legal, and regulatory penalties if child safety issues are not sufficiently addressed.
Reason for Franklin Resources (BEN) stock going down: The stock went down due to concerns related to the resolution filed by Meta shareholder Lisette Cooper, PhD, urging Meta to address dangers to children on its social media platforms, potentially leading to financial, legal, and regulatory consequences if child safety issues are not adequately tackled.
- The article provides details about ClearBridge MLP and Midstream Total Return Fund Inc.'s cash tender offer, with no direct mention of Franklin Resources (BEN) stock. Franklin Resources' stock may have gone down due to general market conditions, company-specific news, economic factors, or investor sentiment.
- The article discusses Franklin Resources, Inc. (BEN) announcing a quarterly cash dividend increase of 3.3%, leading to positive news for investors, yet the stock was down by 0.29% last night possibly due to other market factors or investor sentiment.
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