There was some interesting news over at Franklin Resources, Inc. (NYSE:BEN) today. The company manages the Templeton Dragon Fund, Inc. (NYSE:TDF), a closed-end mutual fund run by legendary emerging market investment manager…
Douglas A. McIntyre These are not all of the analyst calls affecting shares, but these are the initial calls we are focusing on early this Friday morning: Alliance Data Systems (NYSE: ADS) Raised to Buy…
Goldman Sachs has issued a call on its asset manager universe, and says it’s time to go on the offensive. Its rating on the group is now attractive. The bulge bracket brokerage…
Late Friday there was an interesting form "RW" filed with the SEC for a "withdrawn securities registration." There was an original filing to bring Templeton Russia/Eurasia Fund public via an initial public…
Douglas A. McIntyre Goldman Sachs has lowered estimates on many financial services players this morning: AllianceBernstein (AB) (buy); AMBAC Financial (ABK) (neutral); Blackrock (BLK) (buy); Calamos Asset Mgmt. (CLMS) (neutral); CME Group (CME) (buy); Franklin…
ABK cut to Mkt Perform at FBR.ADVNA cut to Mkt Perform at FBR.BBY started as Mkt Perform at Wachovia.BEN cut to Mkt PErform at FBR.BG cut to Neutral at HSBC.CC started as…
AAP raised to Neutral at JPMorgan.ALDN cut to Mkt Perform at FBR.ALY started as Outperform at Wachovia.BEBE cut to Mkt Perform at FBR.BEN cut to Underweight at JPMorgan.BHP raised to Buy at…
The Blackstone Group L.P. has set its IPO terms for its 133,333,334 million limited partnership units in an initial range of $29.00 to $31.00 per unit. These are units rather than ‘shares’…
Barron’s did something very interesting this weekend: they covered companies that could be paying out much higher dividends. This is something investors should applaud as too many companies are determining that shareholders…
