Franklin Templeton Pares Workforce By 5% As Customers Pull Money For 4th Straight Year

Legg Mason Inc. saw its profit increase in fiscal fourth quarter despite the Covid-19 pandemic, which CEO Joseph A. Sullivan said "reinforced the importance" of the company's planned sale to Franklin Templeton. The Baltimore-based money manager's p.....»»

Hedge fund investors continued to pull out their money in December, marking the second-straight month of outflows and quickening the pace of annual redemptions......»»

Hedge fund investors continued to pull out their money in December, marking the second-straight month of outflows and quickening the pace of annual redemptions......»»

Community Health Systems Inc. announced Thursday it will raise more than $1 billion as it previewed its year-end revenue figures. Franklin-based CHS will offer $1.02 billion of senior secured notes with the intent to use proceeds to buy $1 billion of.....»»

For Florida, an economic boost. Florida netted $16 billion in adjusted gross income from in 2018, making it the country’s top beneficiary for the sixth straight year, according to Internal Revenue... To view the full story, click the title link......»»

The chamber of commerce attributed the $1.35 million loss to one-time payments, including $720,000 in severance to former CEO Joe Reagan......»»

A wave of social unrest across developing countries this year has caught many investors off-guard and is challenging models designed to gauge political risk for investors, prompting some to pull money out......»»

Franklin Templeton Investments, the global investment firm looking to track shares of a money market fund on the Stellar blockchain, has tapped wallet service provider Curv to help safeguard its shares......»»

Asset manager Franklin Templeton plans to use the Stellar blockchain to record shares in a new money market fund......»»

The Greater Twin Cities United Way plans to rely less on its longtime workplace-based campaigns and find new ways to raise money, as revenue fell for the fourth straight year. The Star Tribune reports on the strategy shift by the Minneapolis-ba.....»»

This article was originally published on ETFTrends.com......»»

Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. .....»»

Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. .....»»

DETROIT/SEOUL (Reuters) - General Motors' South Korean unit said on Friday its annual net loss widened to $1.1 billion, its fourth straight year in the red after GM's decision to pull its Chevy brand from Europe led to reduced exports......»»

Buffalo-area insurance agencies, which handle billions of dollars worth of premium volume each year, say a rebounding economy is improving business - and that means customers should reconsider if they're spending enough to meet their needs......»»

Franklin Templeton's $38 billion Global Bond Fund is suffering from its weakest start to a year since 2005, trading at it lowest price since January 2017 amid a slump in local debt of Brazil, Mexico, and Argentina - three of its bigg.....»»

New York will invest $3 million this year for businesses to partner on apprenticeships with the State University of New York system and the state Department of Labor. The money will go toward creating up to 2,000 training positions in advanced manufactur.....»»

The president's net worth reportedly slipped to $2.8 billion over the last year......»»

Without a tuition increase in more than five years and little growth in state funding, Florida’s state and community colleges are seeking more than $220 million in new money for next academic year. The college system, which includes 28 schools ac.....»»

In an internet age, why are companies pouring so much money into brick-and-mortar shops? Because the customers are still coming......»»