's [see profile
] assets and earnings are on the rise. Yesterday Franklin Resources reported
fiscal fourth quarter 2010 earnings of $1.65 per diluted share, up from $1.58 in Q3 2010 and $1.59 in Q4 2009. Its assets climbed from $523.4 billion on September 30, 2009, to $570.5 billion on June 30, 2010 and $644.9 billion on September 30, 2010.
Yet Franklin fell short of analysts' expectations of earning $1.74, Dow Jones reported
For more details, check out the earnings call
for the San Mateo, California-based mutual fund firm.
Neil Anderson, Managing Editor
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