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Monday 28 September 2015
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Stocks in the Spotlight: Franklin Resources, Inc. (NYSE:BEN), New Residential Investment Corp (NYSE:NRZ), NiSource Inc. (NYSE:NI), Nielsen Holdings PLC (NYSE:NLSN)

On Thursday, Franklin Resources, Inc. (NYSE:BEN)’s shares declined -0.72% to $37.27.

The Templeton Russia and East European Fund, Inc. (NYSE: TRF) (the “Fund”), which trades on the New York Stock Exchange, declared recently that the Fund’s Annual Meeting of Shareholders was adjourned until October 8, 2015, to permit further solicitation of proxies. The adjournment will give shareholders an additional opportunity to consider the matters being voted on and to exercise their voting rights. The Annual Meeting will be reconvened on October 8, 2015 at 12 Noon Eastern time at 300 S.E. 2nd Street, Fort Lauderdale, Florida.

The Fund’s investment manager, Templeton Asset Administration Ltd., is an indirect, wholly owned partner of Franklin Resources, Inc. (NYSE: BEN), a global investment administration organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment administration to retail, institutional and sovereign wealth clients in over 150 countries.

Franklin Resources, Inc. (Franklin), 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 management and related services under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names.

New Residential Investment Corp (NYSE:NRZ)’s shares dropped -1.56% to $14.50.

New Residential Investment declared the appointment of Nicola Santoro, Jr. as the Company’s new Chief Financial Officer.

Mr. Santoro joins New Residential from FXCM Inc., where he was the Chief Accounting Officer, overseeing the firm’s global financial reporting, tax and financial planning. Before his role at FXCM Inc., he was the Chief Financial Officer of Financial Guaranty Insurance Company. Mr. Santoro is a registered Certified Public Accountant.

Mr. Santoro succeeds Jonathan Brown, who has served as New Residential’s Interim Chief Financial Officer since October 2014. Mr. Brown will remain at New Residential and continue his role as Chief Accounting Officer.

New Residential Investment Corp. (New Residential) is a publicly traded real estate investment trust. The Company is focused on investing and managing residential real estate investments. Its portfolio consists of servicing related assets, residential securities and loans and other investments.

At the end of Thursday’s trade, NiSource Inc. (NYSE:NI)‘s shares surged 0.86% to $17.59.

NiSource was named to the Dow Jones Sustainability Index (DJSI) North America in recognition of the company’s sustainable business practices and performance for the second successive year.

The DJSI North America Index and respective subsets track the performance of the top 20 percent of the 600 largest Canadian and United States companies in the S&P Global Broad Market Index. In the Multi and Water Utilities category, 14 North American companies were evaluated and four were selected. Since its launch in 1999, NiSource has been named to the DJSI nine times.

NiSource Inc. (NiSource) is an energy holding company. The Company, through its subsidiaries provides natural gas, electricity and other products and services. It is also engaged in the distribution of natural gas.

Nielsen Holdings PLC (NYSE:NLSN), ended its Thursday’s trading session with -0.17% loss, and closed at $47.17.

Nielsen Holdings released Increasingly Affluent, Educated and Diverse: African-American Consumers - the Untold Story, the fifth installment in its Diverse Intelligence Series. This new report is inclusive of insights about affluent Black consumers with annual household incomes of $75,000 and higher and upends outdated stereotypes about African-Americans, from education and income to media consumption and social engagement. The report was released at a press conference during the Congressional Black Caucus Foundation, Inc.’s 45th Annual Legislative Conference in Washington, D.C.

Increasingly Affluent, Educated and Diverse: African-American Consumers - the Untold Story explores the evolution of upper-income Black Americans as the population continues to grow and change rapidly. At 45.7 million strong [1], the nation’s Black population grew at 17.7% from 2000 to 2014 — 35% faster than the total population and double the 8.2% growth rate of the White population. The growth rate of the Black population is partly attributed to the surge in Black immigration from the Caribbean, Africa and some European countries, making the overall population incredibly diverse. The number of foreign-born Blacks in the U.S. has quadrupled since 1980, accounting for 3.8 million of the nation’s Black population. Foreign-born Blacks are contributing to raised incomes in the African-American community: their median household incomes are 30% higher than U.S.-born Blacks.

Nielsen Holdings plc, formerly Nielsen N.V., is a performance management company. The Company operates through two segments: Buy, which include consumer purchasing measurement and analytics, and Watch, which provides media and advertising clients with total audience measurement services across all devices where content, including video, audio and text is consumed.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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