Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn

Do You Like Swing Trading?
Learn how we win with easy 3-5 day holds.
Be 'active' in the market while NOT being tied to your desk.
100% secure: your email is never shared, and you may opt out at any time.

Franklin Resources - BEN - Special cash dividend; Boyd Gaming - BYD - Approval To Acquire Peninsula Gaming

Monday, November 19, 2012 12:19 PM
Franklin Resources, Inc. (NYSE: BEN) announced a special cash dividend in the amount of $3.00 per share payable on December 20, 2012 to stockholders of record holding shares of common stock at the close of business on December 6, 2012. Franklin Resources, Inc. (BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $753 billion in assets under management as of October 31, 2012. About Franklin Resources - BEN Franklin Resources, Inc. (BEN) is a holding company. Franklin together with its various subsidiaries (collectively, the Company), is referred to as Franklin Templeton Investments, is a global investment management organization offering investment choices under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names. The Company operates in two segments: investment management and related services, and banking/finance. Its investment management and related services provides services to investment funds in jurisdictions globally, which include the United States- and non-the United States-registered open-end and closed-end funds, unregistered funds, and institutional, high net-worth and separately-managed accounts. Its banking/finance segment provides clients with select retail banking, private banking and consumer lending services through its banking and finance subsidiaries. In November 2012, it acquired a majority stake in K2 Advisors Holdings LLC. Boyd Gaming Receives Final Regulatory Approval To Acquire Peninsula Gaming Boyd Gaming Corporation (NYSE: BYD) announced that the Kansas Racing and Gaming Commission has approved the Company's proposed acquisition of Peninsula Gaming, LLC. Boyd Gaming has now received all required regulatory approvals required to proceed with the acquisition.  The transaction is expected to close on November 20, 2012. "This is a significant milestone, and we look forward to welcoming the Peninsula team to Boyd Gaming," said Keith Smith, President and Chief Executive Officer of Boyd Gaming.  "The acquisition of Peninsula Gaming will strengthen our Company financially by diversifying our operations, nearly doubling our free cash flow and delivering substantial value for our shareholders." About Boyd Gaming - BYD Headquartered in Las Vegas, Boyd Gaming Corporation (BYD) is a leading diversified owner and operator of 17 gaming entertainment properties located in Nevada, New Jersey, Mississippi, Illinois, Indiana, and Louisiana. Boyd Gaming Corporation (BYD) is a multi-jurisdictional gaming company. The Company is an operator of 16 wholly owned gaming entertainment properties and one controlling interest in a limited liability company. It has gaming operations in Nevada, Illinois, Louisiana, Mississippi, Indiana and New Jersey.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

E&Y Japan arm launches internal probe of Toshiba auditE&Y Japan arm launches internal probe of Toshiba audit
TOKYO (Reuters) - The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker`s $1.2 billion accounting s...
China July factory growth unexpectedly stalls: official PMI surveyChina July factory growth unexpectedly stalls: official PMI survey
BEIJING (Reuters) - Growth at China`s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that ...
China official manufacturing PMI falls to 50.0 in July, below forecastsChina official manufacturing PMI falls to 50.0 in July, below forecasts
SHANGHAI (Reuters) - Growth in China`s vast manufacturing sector stalled in July, missing market expectations for slight growth, an official survey showed on Saturday. The official Purchasing Manage...
Goldman tentatively agrees to pay $270 million to settle lawsuit: sourceGoldman tentatively agrees to pay $270 million to settle lawsuit: source
(Reuters) - Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter. Pension funds led by NECA-IBE...
Yahoo buys fashion website PolyvoreYahoo buys fashion website Polyvore
(Reuters) - Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings. Yahoo, which did not disclose terms of the deal,...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.