The number of federal securities litigation class actions hit a record low of 106 cases last year compared to 169 in 2005, although settlement values remained high, according to a PricewaterhouseCoopers study released today.
Claymore Securities Inc. of Lisle, Ill., today announced the launch of two new exchange traded funds: the Claymore/Clear Mid-Cap Growth Index ETF, and the Claymore/IndexIQ Small-Cap Value ETF.
Jefferies & Company Inc. today announced the appointment of Edward J. Craig as managing director and head of U.S. Cash Equities Trading.
The Vanguard Group Inc. today said it plans to simplify its account fees, and will also offer ways for investors to avoid them entirely.
Asset management firm Affiliated Managers Group Inc. said today that asset inflows and better performance from its funds lifted first-quarter profit by 4%.
T. Rowe Price Group today announced that its first-quarter earnings rose 22% and that its assets under management reached a new record.
Chicago Mercantile Exchange Holdings Inc. today reported a 32% hike in total revenues and a 42% increase in net income.
A group of banks led by the Royal Bank of Scotland today offered over $98 billion for ABN Amro, trumping the $90 billion offer by London-based Barclays PLC announced earlier in the week, according to published reports.
Aflac Inc.’s net income increased 10.9% in the first quarter, despite lagging sales in Japan, the Columbus, Ga.-based insurance company reported.
Mutual fund company Waddell & Reed Financial Inc. today reported that its first-quarter net income rose 16.7% and that assets under management reached $50 billion for the first time.
