Federated Investors (FII) benefited from lower expenses in Q3. However, revenues declined due to a fall in non-operating income.
Franklin Resources came out with earnings per share of 76 cents, beating the Zacks Consensus Estimate of 72 cents.
VASCO Data Security International (VDSI) is continuing with its pursuit to develop innovative products that significantly reduces the risk of losses due to fraud and data theft.
Asset inflows and a rise in assets under management might support investment managers' revenue growth while higher expenses remain a headwind.
Waste Management (WM) expects volumes to be down due to lower national counts as it strives for improved margin growth and pricing.
S&P Global (SPGI) has been consistently making strategic investments in businesses to facilitate long-term profitability.
Xerox Corporation (XRX) is reprioritizing investments and accelerating its restructuring actions and services to improve revenues and margins.
A marginal improvement in underwriting fees is expected to support Raymond James' (RJF) Q4 earnings while trading slowdown and mounting costs might hurt bottom line.
Legg Mason's (LM) Q2 earnings are expected to be supported by a rise in performance fees and lower non-operating expenses.
Franklin Resources (BEN) is expected to report revenue growth and lower expenses in Q4 results.
T. Rowe Price (TROW) witnesses a 1.5% rise in its September AUM, when compared with the prior month.
Invesco (IVZ) witnesses a rise of 1.2% in its AUM for September, driven by higher Money Market AUM and favorable market returns.
T. Rowe Price (TROW) announced a slight rise in its AUM for August 2017.
Invesco's (IVZ) August 2017 AUM rises. The increase mainly reflects the AUM acquired with the completion of Source deal.
Preliminary assets under management (AUM) of $747.4 billion of Franklin Resources (BEN) for August 2017 recorded around 1% fall from July 2017 on account of lower equity assets.
Franklin Resources came out with earnings per share of 73 cents, in line with the Zacks Consensus Estimate. Lower revenues and higher operating expenses were recorded.
Franklin Resources (BEN) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.