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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: T. Rowe Price, Finance, Economy, Business and Finance, Personal Investing, Morningstar Incorporated
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Bondholders spark U.S. legal drama over Argentine debt
Collection agencies profit by buying up old debt, chasing borrowers for payment and, when all else fails, using the courts to recover as much as they can. It's a business model polished and perfected over decades of litigation. But what if the...
Tags: Bonds, U.S. Department of Justice, Social Issues, Justice System, Cristina Fernandez de Kirchner
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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: Walter Hamilton, Money and Monetary Policy, Coca-Cola Co., Earnings, Economy, Business and Finance
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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, Yelp, Inc., Robert J. Lopez, Herbalife Limited, Media Industry
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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, Pension and Welfare, Economy, Business and Finance, Interior Policy, 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: Herbalife Limited, Carl Icahn, Accounting and Auditing, Skechers USA Incorporated, NYSE Euronext, Inc.
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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: Fraud, Herbalife Limited, Corporate Crime, Economy, Business and Finance, Skechers USA Incorporated
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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: Herbalife Limited, The Walt Disney Co., Companies and Corporations, Economy, Business and Finance, Africa
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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, Companies and Corporations, Finance, Economy, Business and Finance, Global Expansion
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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, Allianz AG Holding, Employment, Employment Opportunities
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Herbalife raises estimate of legal costs amid pyramid allegations
Herbalife Ltd. said its feud with billionaire hedge fund manager Bill Ackman has been more costly than it anticipated, prompting speculation that the company is bracing for potential government investigations. The Los Angeles nutritional products...
Tags: Lawyers, Fraud, Herbalife Limited, Corporate Crime, Justice System
May 27, 2013
|Story| Baltimore Sun
May 27, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
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
May 3, 2013
|Story| Los Angeles Times
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