During Wednesday’s Current trade, Shares of Franklin Resources, Inc. (NYSE:BEN), lost -0.23% to $39.36.
Templeton Global Income Fund (GIM) declared its regular monthly dividend from net investment income of $0.025 per share, payable on September 30, 2015, to shareholders of record on September 16, 2015 (Ex-Dividend Date: September 14, 2015).
The Fund’s investment manager, Franklin Advisers, Inc., is a 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. Through specialized teams, the company has expertise across all asset classes — counting equity, fixed income, alternative and custom solutions. The company’s more than 600 investment professionals are supported by its integrated, worldwide team of risk administration professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and over $854 billion in assets under administration as of July 31, 2015. For more information, please visit franklintempleton.com.
Franklin Resources, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its auxiliaries.
Shares of NextEra Energy Inc (NYSE:NEE), inclined 0.08% to $95.43, during its current trading session.
FPL is a partner of Juno Beach, Fla.-based NextEra Energy, Inc. (NEE), Florida Power & Light Company (FPL) declared recently that it is planning to reduce electric rates again in 2016 as the company’s long-term investments in efficiency, in addition to low fuel prices, continue to generate savings for customers.
FPL filed a request with the Florida Public Service Commission (PSC) to reduce rates, which will save a typical 1,000-kWh residential customer about $2.50 a month on average in 2016 contrast with current rates. Businesses will also see lower rates, with anticipated savings in the range of about 2 to 6 percent for typical business customers, depending on rate class and type of service.
Recently, FPL’s typical residential customer pays about 30 percent less for electricity than the national average. The company’s 1,000-kWh residential bill is also the lowest among reporting utilities in Florida.
FPL customers are benefiting from the company’s planned decision to phase out older power plants and invest in advanced clean-energy centers that use less fuel to generate electricity. For example, the effectiveness of the company’s investments since 2001 in high-efficiency natural gas energy alone have produced more than $7.5 billion in fuel savings for customers. These efficiency savings are in addition to savings from low market prices for natural gas in recent years.
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
Hartford Financial Services Group Inc (NYSE:HIG), during its Wednesday’s current trading session gained 0.98% to $45.17.
The Hartford has expanded its administration and professional liability insurance for asset administration firms with a blended liability policy offering new and extended coverage to address key cyber and regulatory risks.
“Recently’s asset administration firms operate in an increasingly complex regulatory environment and face an unprecedented array of liability risks,” said Steve Prymas, vice president of administration and professional liability insurance at The Hartford. “With the SEC’s heightened focus on cybersecurity preparedness and threats in the securities industry, it is more critical than ever for asset administration firms to have appropriate insurance for these types of risks.”
The Hartford Financial Services Group, Inc., through its auxiliaries, provides insurance and financial services to individual and business customers primarily in the United States. The company’s Commercial Lines segment offers workers compensation, property, automobile, marine, umbrella, liability, and livestock coverages, in addition to customized insurance products and risk administration services, counting professional liability, bond, and specialty casualty coverages. Its Personal Lines segment provides standard automobile, homeowners, and personal umbrella coverages to individuals.
Finally, Tyson Foods, Inc. (NYSE:TSN), gained 0.89%, to $41.77.
The Board of Directors of Tyson Foods, Inc. (TSN), at a meeting on July 30, 2015, declared the quarterly dividend of $0.10 per share on Class A common stock and $0.09 per share on Class B common stock, payable on December 15, 2015, to shareholders of record at the
Tyson Foods, Inc., together with its auxiliaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. The company breeds and raises chickens; and processes live chickens into fresh, frozen, and value-added chicken products. It also processes live fed cattle, and live market hogs and allied products; fabricates pork and dressed beef carcasses into primal and sub-primal cuts and case-ready products; and sells hides and meats.
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