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Dow continues to sizzle, topping 15,000 for the first time
NEW YORK — Another day, another milestone on Wall Street. The red-hot Dow Jones industrial average barreled past 15,000 to close Tuesday at its highest point in history. It marked the 16th record close for the blue-chip index this year and...
Tags: Coca-Cola Co., Money and Monetary Policy, Apple Inc., NASDAQ, Economy, Business and Finance
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Rebel shareholder buying more Apple stock following buyback plans
Just months after leading a shareholder revolt against Apple, hedge fund manager David Einhorn revealed on Tuesday that he's been buying more stock in the company. In a conference call with investors of Greenlight Capital, Einhorn confirmed that the...
Tags: Greenlight Capital Inc., Tim Cook, David Einhorn, Economy, Business and Finance, Companies and Corporations
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T. Rowe Price sees unusual turnover in portfolio managers
T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But over 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so. Two left suddenly, with a star...
Tags: Personal Investing, T. Rowe Price, Economy, Business and Finance, Stock Market, Morningstar Incorporated
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Former top T. Rowe Price manager to launch Baltimore hedge fund
Kris H. Jenner, the manager of T. Rowe Price Health Sciences Fund until his resignation in February, has raised more than $100 million to launch a Baltimore-based hedge fund, Bloomberg News reported. The hedge fund, which will be called Rock Springs...
Tags: Bloomberg L.P., T. Rowe Price
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In KPMG insider trading case, crime and blunders alleged
It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...Tags: Lawyers, Robert J. Lopez, Skechers USA Incorporated, Scott London, Economy, Business and Finance
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Shift in investment thinking has some folks keeping their retirement funds in stocks
Not too many years ago, many retirees believed it was OK to be a stock market investor in your working years, but after retiring, it was critical to keep assets safely away from the market's inherent risk and volatility. Today, for many reasons, many...
Tags: Politics, Financial and Business Services, Economy, Business and Finance, Pension and Welfare, Financial Markets
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Herbalife is rocked by new crisis
This was the last thing Herbalife Ltd. needed. Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....Tags: Skechers USA Incorporated, Stock Market, Carl Icahn, NYSE Euronext, Inc., Manhattan (New York City)
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Fired KPMG auditor can't explain 'lapse of judgment'
Scott London, a Los Angeles partner in one of the nation's largest accounting firms, says it began four years ago. By his account, a friend with money trouble was poking around for information on Herbalife Ltd. and Skechers USA Inc., two Los Angeles-...Tags: Skechers USA Incorporated, Economy, Business and Finance, Stuart Pfeifer, Career and Workplace, Justice System
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Herbalife CEO was paid $10.3 million in 2012, down 58%
Herbalife Ltd. Chief Executive Michael O. Johnson was paid $10.3 million in 2012, a 58% cut from the $24.6 million he received in 2011, Herbalife said in a regulatory filing. Johnson, 58, a former Walt Disney Co. executive, has served as chief of the...
Tags: Fuel-efficient Vehicles, Africa, The Walt Disney Co., Economy, Business and Finance, Companies and Corporations
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Legg Mason CEO shuffles executive team
Legg Mason Inc.'s new CEO, Joseph A. Sullivan, announced Tuesday a shake-up of his executive team and the exit of some top officials, including one who had been in the running for chief executive. Sullivan, a Legg insider who was named CEO and...
Tags: Bill Miller, Economy, Business and Finance, Global Expansion, Companies and Corporations, Corporate Officers
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MarksJarvis: Not all is lost if you save
More than a quarter of women earning $200,000 or more are afraid they are going to end up as bag ladies, and about half of women with paychecks around $100,000 fear the same fate. Among all Americans, a mere 13 percent are very confident they are...
Tags: Retirement, Science and Technology, Career and Workplace, Employment Opportunities, Employee Benefits
May 7, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 27, 2013
|Story| Baltimore Sun
Apr 16, 2013
|Story| Baltimore Sun
Apr 11, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 8, 2013
|Story| Chicago Tribune
Apr 10, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Los Angeles Times
Apr 2, 2013
|Story| Baltimore Sun
Apr 3, 2013
|Column| Chicago Tribune
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