Franklin Resources Inc. News
Janus Henderson and Invesco Rise as Trian Buys Stakes
Trian Fund Management says it intends to encourage the asset managers to consider strategic options like a merger.
Franklin Resources to Buy Legg Mason for $4.5 Billion
Franklin Resources will buy rival asset manager Legg Mason for $50 cash per share.
Apple, Coronavirus, Walmart, Legg Mason and Pier 1 - 5 Things You Must Know Tuesday
Stock futures point lower after Apple issues a revenue warning because of the coronavirus outbreak in China; Walmart reports earnings; Franklin Resources reportedly is close to buying rival Legg Mason.
Mutual Funds, Eviscerated by ETFs, Face New Humiliation, Moody's Says
Moody's Investors Service predicts active stock- and bond-picking firms' share of the money-management industry will be overtaken as soon as 2021 by 'passive' vehicles like index-tracking mutual funds and exchange-traded funds.
T. Rowe Price, Franklin Resources Fall Following Earnings Dissapointments
Both companies were falling sharply Wednesday following their earning releases.
Breaking News
Disney Mobile Game Opens Up a New Universe
Familiar Disney characters populate an alternate reality in new interactive game.
Birth Control Stocks May Benefit From the Reversal of Roe v. Wade
The historic Supreme Court decision may force women to make different choices.
Barstool's Portnoy Takes a Surprising Stand on a Key Political Issue
The outspoken Republican with a platform voices his opinion on the state of democracy moving to the right.
McDonald's Brings Back a Classic Menu Item (with a Catch)
You never know what the fast-food chain might bring back or create a new version of.