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Rating:Profit Up at Janus, Down at Franklin Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 25, 2008

Profit Up at Janus, Down at Franklin

by: Armie Margaret Lee

The Wall Street Journal's Greg Morcroft devoted the Friday Fund Track column to the report cards delivered by Janus Capital Group and Franklin Templeton on Thursday. Denver-based Janus saw second quarter earnings rise 36 percent to $66.3 million on revenue of $304.2 million. San Mateo, California-headquartered Franklin, meanwhile, posted a 14 percent drop in profit, earning $403.3 million in its third quarter. Revenue came in at $1.52 billion. 

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