New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2014
06:35 EDTTROW, BLKLarge money managers looking to influence companies, NY Times says
Mutual funds and other major money managers are collaborating with hedge funds behind the scenes to influence the decisions of publicly traded companies, according to The New York Times. T. Rowe Price (TROW) now has a reputation of trying to convince hedge funds to launch activist campaigns, while BlackRock's (BLK) portfolio managers reportedly give hedge funds some ideas, the newspaper stated. Reference Link
News For TROW;BLK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 26, 2014
16:18 EDTTROWT. Rowe urges Allergan to drop bid for Salix, has 'growing concern', FT says
T. Rowe Price (TROW), the third largest shareholder of Allergan (AGN), has urged the company to not partake in any acquisitions that would thwart Valeant's (VRX) hostile takeover plan, The Financial Times reports, citing senior business correspondent David Crow. Allergan is currently mulling the possibility of acquiring Salix Pharmaceuticals (SLXP), which may effectively squash Valeant's potential hostile takeover of Allergan. T. Rowe Price said in a statement, "Over the past several months, we have been watching with growing concern the corporate governance practices of the Allergan board. In our view, the issues to be voted on at the special meeting of shareholders on December 18 are of such importance that they impose a special duty on the board to refrain from approving any significant, irreversible commitments by the company between now and then unless shareholders are offered the opportunity to vote on them. We believe this should apply even in the event of all-cash acquisitions that do not ordinarily require a shareholder vote." Reference Link
September 24, 2014
15:04 EDTBLKGoldman, other banks near deal to buy Bloomberg messaging alternative, WSJ says
Subscribe for More Information
September 22, 2014
08:51 EDTTROWT. Rowe Price should be owned into Q4, says Bernstein
Subscribe for More Information
September 17, 2014
07:39 EDTBLKMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
07:37 EDTBLKMorningstar to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use