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Stock Market & Financial Investment News

News Breaks
February 5, 2014
05:06 EDTWDRWaddell & Reed upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Waddell & Reed citing flow outperformance following the company's Q4 results. Citi raised its price target for shares to $76 from $66.
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April 23, 2015
16:47 EDTWDRWaddell & Reed names Shawn Mihal as Chief Regulatory Officer
Waddell & Reed has appointed Shawn Mihal as SVP, Chief Regulatory Officer and Chief Compliance Officer of its two broker-dealer subsidiaries, Waddell & Reed and Ivy Funds Distributor. Mihal takes over for Terry Lister, who is retiring. Most recently Mihal was vice president and Chief Compliance Officer with Transamerica Financial Advisors.
April 22, 2015
17:52 EDTWDRWaddell & Reed COO Michael Strohm to retire May 15
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