EdgeWater 1/15/2011 1:13:36 AM
News / Business

Asset Management Stocks Ended Higher (The Bank of New York, ACAS, JNS, BEN)

Asset Management Stocks Ended Higher

The Bank of New York Mellon Corporation (NYSE:BK) gained 3.16% to $31.66. The Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company.

The stock has average daily volume of 6. 45 million shares. At today’s closing market price, the market capitalization of the company stands at $39.27 billion.

American Capital Ltd. (NASDAQ:ACAS) added 4.21% to $8.48. American Capital, Ltd. is an equity firm and a global asset manager.

The stock opened at $8.31 and is trading within the range of $8.28-$8.51.

Janus Capital Group Inc. (NYSE:JNS) went up 3.66% to $13.60. The stock has a 52-week range of $8.63-$15.72. The stock has average daily volume of 3.31 million shares. At today’s closing market price, the market capitalization of the company stands at $2.50 billion.

Janus Capital Group Inc. provides investment management, administration, distribution and related services to individual and institutional investors through mutual funds, separate accounts and subadvised relationships (collectively referred to as investment products) in both domestic and international markets.

Franklin Resources, Inc. (NYSE:BEN) gained 1.86% to $118.01. The stock opened at $116.91 and is trading within the range of $116.66-$118.09.

Franklin Resources, Inc. 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 choices under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names. 

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