Take a look at some of Wednesday's midday movers:» Read More
Take a look at some of Wednesday's midday movers:
Check out which companies are making headlines after the bell Monday:
May 16- T. Rowe Price Group Inc Chief Investment Officer Brian Rogers backed keeping JPMorgan Chase& Co's Jamie Dimon in his dual roles of chairman and chief executive, offering valuable support from a top shareholder as a key governance vote at the bank approaches next week.
BOSTON, May 15- Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.
Fidelity Investments received permission from U.S. regulators to open its own actively managed exchange-traded funds.
Boston- based Fidelity in December filed an application to set up a series of actively managed ETFs with the Securities and Exchange Commission, and the agency approved the request last week, spokesman Jeff Cathie said.
NEW YORK, May 13- Dell Inc's special board committee on Monday asked activist investor Carl Icahn for details of his plan to buy the computer maker, including how he would finance a cash payout to shareholders and who would run the company if his preferred slate of board directors was installed.
NEW YORK, May 13- Dell Inc's special board committee asked activist investor Carl Icahn on Monday for details of his plan to buy the computer maker, including how he would finance a cash payout for shareholders and who would run the company if his preferred slate of board directors was installed.
Last week Icahn and Southeastern Asset Management Inc offered $21 billion in cash for Dell, challenging founder Michael Dell's $24.4 billion bid to take the company private.
The special committee of Dell board of directors is seeking more details on Carl Icahn's proposed offer for the computer maker.
May 10- Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a $24.4 billion buyout led by founder Michael Dell that will take private the world's No. 3 PC maker.
WASHINGTON, May 8- Just when you may have thought that federal tax policy was set- that January's "fiscal cliff" deal meant you could go about your financial life with multi-year certainty- Washington is again talking of comprehensive tax reform.
Videogames and apps like the "Great Piggy Bank Adventure" promise to teach financial literacy. But some experts say schools may do a better job in spreading the knowledge.
April 25- T. Rowe Price Group Inc:. *RBC raises target price to $82 from $69; rating outperform. Reuters Station users, click. 1568.
April 25- T. Rowe Price Group Inc:. *Wells Fargo cuts to market perform- theflyonthewall.com. Reuters Station users, click. 1568.
April 25- T. Rowe Price Group Inc:. *Susquehanna cuts price target to $79 from $82; rating neutral. Reuters Station users, click. 1568.
WASHINGTON, April 23- By the time you are nearing the pre-retirement years, you've probably heard all that nose-to-the-grindstone advice hundreds of times: Work longer. Plow as much as possible into your 401 because you might live to be 100 and you'll need that money later. Most notably, those from fund and 401 company T. Rowe Price Group Inc..
The Baltimore company reported a net inflow of cash for the quarter of $3.3 billion, including inflows of $7.6 billion to its mutual funds. T. Rowe Price shares were down 4 percent to $73.19 in morning trading. T. Rowe Price has benefited from strong-performing funds and a growing retirement business.
Aggressive shareholders such as Carl Icahn, Nelson Peltz and Ralph Whitworth, who agitate for change at companies they believe to be sub-par, are increasingly getting a hearing with institutions ranging from the most staid mutual fund to the state-run pension fund.
Last November, CalSTRS teamed up with Ralph Whitworth's Relational Investors LLC to urge for a breakup of diversified manufacturer Timken Co, the first time the California pension plan has participated in this kind of activism.