NEW YORK, February 21, 2017 /PRNewswire/ --
This morning, Stock-Callers.com has lined up the following equities for review: The Bank of New York Mellon Corp. (NYSE: BK), The Blackstone Group L.P. (NYSE: BX), Invesco Ltd (NYSE: IVZ), and Franklin Resources Inc. (NYSE: BEN). According to an article on Financial Times last Friday, February 17th, 2017, the Financial Conduct Authority mooted an overhaul of asset managers' fees as well as how funds are governed as part of a shake-up of the Asset Management industry proposed by the UK regulator last November. These are alongside other recommendations such as an all-in fee that would force investment houses to be more transparent about charges. Download the free research reports on these stocks today:
Bank of New York Mellon
New York headquartered The Bank of New York Mellon Corp.'s stock rose 0.15%, finishing last Friday's trading session at $47.14. A total volume of 3.67 million shares was traded. The Company's shares have gained 5.58% in the last month and 0.62% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.07% and 11.36%, respectively. Additionally, shares of Bank of New York Mellon, which provides financial products and services to institutions, corporations, and high net worth individuals in the US and internationally, have a Relative Strength Index (RSI) of 61.91. See our free and comprehensive research report on BK at:
Shares in New York-based The Blackstone Group L.P. ended at $30.22, down 0.59% from the last trading session. The stock recorded a trading volume of 3.92 million shares. The Company's shares have advanced 4.68% in the past month, 20.04% in the previous three months, and 13.51% on an YTD basis. The stock is trading 3.15% and 16.19% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Blackstone Group, which provides financial advisory services to its clients, have an RSI of 51.52.
On February 10th, 2017, Blackstone announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Aon PLC's technology-enabled benefits and human resources platform, currently part of Aon Hewitt, for cash consideration of up to $4.8 billion, including $4.3 billion at closing and additional consideration of up to $500 million based on future performance. The Company noted that the business is the largest benefits administration platform in the US, and serves approximately 15% of the US working population across more than 1,400 companies. BX free research report PDF is just a click away at:
On Friday, shares in Atlanta, Georgia-based Invesco Ltd recorded a trading volume of 2.12 million shares. The stock declined 0.03%, closing the day at $32.54. The Company's shares have gained 8.80% in the last one month, 3.29% over the previous three months, and 8.19% on an YTD basis. The stock is trading 5.52% above its 50-day moving average and 10.70% above its 200-day moving average. Additionally, shares of Invesco, which provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds, have an RSI of 66.15.
On February 16th, 2017, Invesco announced that it will hold its 2017 Annual General Meeting of Shareholders on May 11th, 2017 at 1:00 p.m. CT at the Langham Hotel located at 330 N. Wabash Avenue, Chicago, Illinois 60611. Invesco's shareholders of record as of the close of business on March 13th, 2017, are entitled to attend the Annual General Meeting and vote their shares. Sign up for your complimentary report on IVZ at:
At the close of trading on Friday, shares in San Mateo, California-based Franklin Resources Inc. recorded a trading volume of 2.35 million shares. The stock finished the session 0.57% higher at $42.53. The Company's shares have gained 6.70% in the past month, 11.02% over the previous three months, and 7.45% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.32% and 16.59%, respectively. Furthermore, shares of Franklin Resources, which through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships, have an RSI of 65.90.
On February 16th, 2017, Franklin Universal Trust, a closed-end investment Company managed by Franklin Advisers, Inc., announced a dividend of $0.032 per share, payable March 15th, 2017, to shareholders of record on February 28th, 2017. Register for free on Stock-Callers.com and download the latest research report on BEN at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA