BEN

Franklin Templeton Establishes a Strategic Partnership with Power Corporation of Canada and Great-West Lifeco

Retrieved on: 
Wednesday, May 31, 2023
Finance, Business, Banking, Professional Services, Insurance, FactSet, GWO, Partnership, Mackenzie Investments, Franklin, IGM, Empower, Calendar, CAD, Golden Power Group, BEN, Canada Life, PanAgora Asset Management, Organization, POW, AUM, Retirement, Investment, Power Corporation of Canada, Willkie Farr & Gallagher, TSX, Growth, EPS, Irish Life, NYSE, Putnam Investments, Rockefeller Capital Management, Security (finance), Financial adviser, Cryptocurrency, Franklin Templeton Investments, Power

Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO].

Key Points: 
  • Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO].
  • Great-West will become a long-term strategic shareholder in Franklin Resources, Inc., with an approximate 6.2% stake, consistent with Great-West’s continuing commitment to asset management.
  • The strategic partnership aligns with Franklin Templeton’s focus to further grow insurance client assets, and significantly broadens the relationship between Franklin Templeton and the Power Group of Companies in key areas of retirement, asset management and wealth management.
  • In addition, Franklin Templeton will pay up to $375 million in contingent consideration tied to revenue growth targets from the partnership.

Mars Logistics Team Develops Innovative Warehouse Management System Driving Efficiencies and Saving Millions of Dollars

Retrieved on: 
Thursday, May 25, 2023
Cloud, WMS, Food, Trainer, Snack, Life, Senior, Quality, BEN, Associate, Pancasila (politics), Family, Empowerment, Warehouse, Interior design, Gypsum, Mutuality, Mars, Supply

MCLEAN, Va., May 25, 2023 /PRNewswire/ -- Here's some sweet news: Mars, Incorporated – maker of some of the world's most loved confectionery, snacking, food, and pet care brands, including M&M'S®, SNICKERS®, BEN'S ORIGINAL™, PEDIGREE®, and IAMS® – has implemented a new warehouse management system (WMS) that was developed, tested and implemented across 10 North American Mars warehouse sites in just eight months.

Key Points: 
  • As one of the world's leading treats, snacks and food manufacturers, Mars processes massive volumes of ingredients, packaging materials and finished products.
  • "It is because of this novel idea and commitment to excellence from Carlos and his team that this brand-new system came to life."
  • Mars built its new system to include:
    Cloud operating capabilities: Cloud capabilities offer cost savings since there's no need to maintain physical data centers.
  • As Mars continues to optimize the system, other parts of the Mars business stand to benefit.

Mars, Incorporated Will Showcase Innovations That Inspire More Moments of Everyday Happiness At 2023 Sweets & Snacks Expo

Retrieved on: 
Thursday, May 18, 2023
Cream, Dark, Food, Snack, Ice cream, Practice, BEN, Pulse, Love, CST, Happiness, Coffee, Candy, Dumle, System, M&M, News, Baking, Mars

NEWARK, N.J., May 18, 2023 /PRNewswire/ -- Mars, Incorporated - a leader in confectionery, snacking, food, and pet care products and services and the maker of some of the world's most-loved brands, including M&M'S®, SNICKERS®, BEN'S ORIGINAL™, PEDIGREE®, and IAMS®, will be at the Sweets & Snacks Expo in Chicago, IL. May 22-25, talking about evolving its treats and snacks portfolio to ensure cultural relevancy and sampling the newest innovations from its iconic brands.

Key Points: 
  • May 22-25, talking about evolving its treats and snacks portfolio to ensure cultural relevancy and sampling the newest innovations from its iconic brands.
  • "Mars has been driving innovation in the treating and snacking categories through our iconic brands for over a century," said Tim LeBel, President of Sales at Mars Wrigley.
  • To ensure product innovations continue to surprise and delight shoppers at retail, Mars consistently keeps a pulse on what motivates consumers.
  • If you're planning to be at the Sweets & Snacks Expo, stop by booth # 11504.

Essence Ventures Announces Key Executive Hires

Retrieved on: 
Friday, May 12, 2023
Senior, Marketing, AP, Brooks Brothers, Afrofuturism, Advertising, EV, Quibi, BEN, Essence Music Festival, Organization, Essence, Netflix, Interim, Target Corporation, Refinery29, HuffPost, CMO, Target, Complex, Editing, ESPN, Public Communications Inc., Manufacturers Alliance for Productivity and Innovation, Branded Entertainment Network, CCO, COS, Community, Ecosystem, Health, Management, Culture, The Walt Disney Company

NEW YORK, May 12, 2023 /PRNewswire/ -- Essence Ventures (EV) is deepening their commitment to building Black culture, health, and wealth through its bold mission and strategic hires that will strengthen and stretch the bounds of Black capital, community, and capacity.

Key Points: 
  • Stabilizing the portfolio of brands within EV – Essence Communications Inc., AFROPUNK, BeautyCon, and Essence Studios – has been the focus of Essence Ventures President and CEO, Caroline Wanga, and Richelieu Dennis, Founder and Chairman of Sundial Group of Companies, the parent company under which EV lives.
  • Caroline Wanga, President and Chief Executive Officer (CEO) joined Essence Ventures in 2020 as Chief Growth Officer and Interim CEO of Essence Communications Inc. from the Target Corporation, in addition to extensive experience in the nonprofit sector.
  • Pauline Malcolm-Thornton joined Essence Ventures in 2022 as Chief Revenue Officer (CRO) from Branded Entertainment Network (BEN), an entertainment AI company that integrates brands into content.
  • Since joining, Erika has invested in brand awareness and driving record numbers of impressions across the Essence Ventures portfolio of businesses.

Franklin Resources, Inc. Announces Month-End Assets Under Management

Retrieved on: 
Tuesday, May 9, 2023
Other Professional Services, Asset Management, Professional Services, Finance, AUM, Franklin Templeton Investments, NYSE, BEN, Financial adviser

Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1,420.7 billion at April 30, 2023, compared to $1,422.1 billion at March 31, 2023.

Key Points: 
  • Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1,420.7 billion at April 30, 2023, compared to $1,422.1 billion at March 31, 2023.
  • This month’s AUM reflected the positive impact of markets and flat long-term net inflows which include a low-fee $3.2 billion equity mandate, offset by cash management net outflows.

MARS UNDERSCORES COMMITMENT TO CREATING A BETTER WORLD FOR PETS AS IT RECOGNIZES NATIONAL PET MONTH WITH ITS CHARITABLE PARTNERS

Retrieved on: 
Friday, May 5, 2023
Love, Partnership, Second Chance, Hong Kong Classic Cup, Parole, Parent, Calendar, VCA Animal Hospitals, Cancer, BEN, Organization, Brad Paisley, Banfield Pet Hospital, National Pet Month, PETS, Pet, City, Pedigree Petfoods, Charitable organization, VCA, Behavior, Bottled water, Pharmaceutical industry, Hunting, Pet industry, Dog, Mars

MCLEAN, Va., May 5, 2023 /PRNewswire/ -- As pet parents and pet lovers across the country celebrate National Pet Month in May, Mars, Incorporated, home to some of the most-loved brands for people and pets including PEDIGREE®, ROYAL CANIN®, GREENIES™, M&M'S®, and BEN'S ORIGINAL™, is recognizing the efforts of its pet care and veterinary health businesses and their affiliated charitable partners as they help end pet homelessness; provide quality pet health care services where it's needed most, and enable pet friendliness in cities across the country.

Key Points: 
  • One hundred percent of donations will support the VCA Charities Ready for Rescue grant program, which supports shelters with adoption-readiness efforts and veterinary care and resources.
  • This summer, the Banfield Foundation, in partnership with Banfield Pet Hospital™ Associates and select nonprofit partners, will host a Mars Ambassador Program assignment to bring veterinary care to vulnerable populations of pets alongside two nonprofit partners.
  • Last year, Banfield Foundation, with support from Mars Associates, helped care for more than 2,000 pets by spaying/neutering, vaccinating, microchipping and/or treating for illness and injury.
  • Grants are given to organizations that share the goal of ending pet homelessness and helping dogs find their forever homes.

Mars Takes Home 2023 North American SABRE Award For Innovative 5® Gum Marketing Campaign

Retrieved on: 
Wednesday, May 3, 2023
Corporate Affairs, Happiness, Food, All Pink Inside, Partnership, Gen, Snack, Internet, Weeping Angel, Masterpiece, Eye, Provocation, Pretty Cure All Stars DX2: Light of Hope - Protect the Rainbow Jewel!, EBay, Generation Z, BEN, White card (digital campaign), SABRE, Candy, Rainbow, Love, Jewellery, PSA, Pink, Music, Mars

NEWARK, N.J., May 3, 2023 /PRNewswire/ -- Mars - a leader in confectionery, snacking, food, and pet care products and services and the maker of some of the world's most-loved brands, including M&M'S®, SNICKERS®, BEN'S ORIGINAL™, PEDIGREE®, and IAMS®, had an impressive showing at PRovoke's 2023 North America SABRE Awards. On Tuesday night the treats and snacks manufacturer took home a SABRE award for the best Digital Campaign for its 5 Gum 'Masterpieces' program.

Key Points: 
  • On Tuesday night the treats and snacks manufacturer took home a SABRE award for the best Digital Campaign for its 5 Gum 'Masterpieces' program.
  • "The Mars team is thrilled to have 5 GUM, SKITTLES, and STARBURST recognized at the annual PRovoke North America SABRE awards, highlighting achievements in keeping brands relevant and talkworthy," said Jessica Adelman, Vice President of Corporate Affairs at Mars Wrigley North America.
  • "The awards illustrate Mars' exceptional ability to engage consumers with innovative, first of its kind creative that resonates."
  • For more information on Mars' portfolio of brands its award-winning work to engage consumers, visit Mars.com .

Franklin Templeton Acquires Managed Options Capabilities for Advisors Serving Wealth Management and Institutional Clients

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Finance, Consulting, Asset Management, Personal Finance, Accounting, SMA, WhiteBoard Product Solutions, Spinal muscular atrophies, Risk management, Paradiso, History, BEN, Investment, Franklin Templeton Investments, Risk, NYSE, Franklin, Financial services

Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced that it has acquired volScout, an early-stage business delivering managed options strategies to advisors serving wealth management and institutional clients, and has hired its founding partners, Brad Berggren, Jon Orseck and Roger Weber.

Key Points: 
  • Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced that it has acquired volScout, an early-stage business delivering managed options strategies to advisors serving wealth management and institutional clients, and has hired its founding partners, Brad Berggren, Jon Orseck and Roger Weber.
  • With this transaction, Franklin Templeton, a leading separately managed account (SMA) provider with approximately $110 billion in SMA assets under management, adds managed options strategies to its comprehensive suite of custom solutions capabilities.
  • “Managed options strategies are a highly complementary addition to Franklin Templeton’s expanding menu of custom solutions, which advisors increasingly require to address the sophisticated needs of their clients,” said Roger Paradiso, Head of Product Solutions for Franklin Templeton.
  • “Our team will also benefit from leveraging Franklin Templeton’s global infrastructure to enhance risk management, compliance, operations and technology capabilities.

MARS JOINS FORCES WITH BREAD FOR THE CITY AND HUMANE RESCUE ALLIANCE TO HELP PEOPLE AND PETS IN NEED IN SOUTHEAST D.C. NEIGHBORHOOD

Retrieved on: 
Monday, April 17, 2023
Vaccine, Council of the District of Columbia, Senior, Partnership, Food, Public affairs, HOPE, SEEDS, HRA, Communication, Bread for the City, Bread, Vegetable, BEN, Organization, City, Banfield Pet Hospital, Animal, Outreach, Council, Pet, Community engagement, Eat Out to Help Out, Bottled water, Grocery store, Birth control, Mars, Incorporated, D.C

WASHINGTON, April 17, 2023 /PRNewswire/ -- Saturday, Mars, Incorporated, a leader in confectionery, snacking, food, and pet care products and services and the maker of some of the world's most-loved brands, including M&M'S®, SNICKERS®, BEN'S ORIGINAL™, PEDIGREE®, and IAMS®, partnered with Bread for the City, a Washington D.C. nonprofit providing services to D.C. residents living with low incomes, and Humane Rescue Alliance, an animal rescue and adoption organization, to host a free community market event for local residents and their pets. In total, the event provided food to more than 100 families and veterinary services to nearly 150 pets, with nearly 40 pets receiving microchips and 268 pet vaccinations provided.

Key Points: 
  • Mars has worked closely with Humane Rescue Alliance since 2012 and Bread for the City since 2018 through event partnerships, volunteer and Board service, as well as monetary and product donations.
  • "Thank you to Bread for the City and the Human Rescue Alliance for ensuring that those who need help are able to get the support they deserve."
  • "Over the years, Bread for the City has worked separately and closely with Mars and HRA.
  • It's community partnerships like these that make our work to help animals by supporting the people who love them possible."

Franklin Resources, Inc. to Announce Second Quarter Results on May 1, 2023

Retrieved on: 
Wednesday, April 12, 2023
Asset Management, Professional Services, Finance, CFO, BEN, NYSE, Management, Eastern Time Zone

On Monday, May 1, 2023 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the “Company”) [NYSE:BEN] will release its second quarter operating results.

Key Points: 
  • On Monday, May 1, 2023 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the “Company”) [NYSE:BEN] will release its second quarter operating results.
  • A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time.
  • Access to the teleconference will be available via investors.franklinresources.com or by dialing (+1) 888-396-8049 in North America or (+1) 416-764-8646 in other locations using access code 14027917.
  • A replay of the teleconference can also be accessed by calling (+1) 877-674-7070 in North America or (+1) 416-764-8692 in other locations using access code 027917# after 2:00 p.m. Eastern Time on May 1, 2023 through May 7, 2023, or via investors.franklinresources.com.