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Stock Market & Financial Investment News

News Breaks
March 12, 2014
04:55 EDTWETF, WETF, WDR, WDR, PFG, PFG, FII, FII, AB, AB, NDAQ, NDAQ, FXCM, FXCMCitigroup to host a conference
2014 Asset Manager, Broker Dealer & Exchanges Conference is being held in New York on March 12-13.
News For WETF;WDR;PFG;FII;AB;NDAQ;FXCM From The Last 14 Days
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September 30, 2014
16:02 EDTPFGPrincipal Financial unit increases stake in Columbus Circle Investors
The Principal Financial Group announced its subsidiary, Principal Global Investors has agreed to increase its stake in Columbus Circle Investors from 70% to 95%. Principal Global Investors acquired a 70% stake in the Stamford, Conn.-based equity management firm in 2005 as part of its multi-boutique strategy. Since the initial acquisition, assets under management at Columbus Circle Investors have more than quadrupled, going from $3.9B in 2005 to $17.5B as of June 30. “Our investment in Columbus Circle Investors has greatly exceeded our mid-teens return threshold expectations,” said Jim McCaughan, CEO of Principal Global Investors. “We’re pleased to be able to increase our ownership stake at an opportune time. This investment ensures continued success at Columbus Circle Investors and is in line with our capital deployment strategy and efforts to further enhance shareholder value.”
September 19, 2014
07:22 EDTFXCMFXCM price target raised to $18 from $15 at UBS
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September 18, 2014
10:46 EDTWETFWisdomTree management to meet with Jefferies
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07:33 EDTFXCMUBS to hold a conference
FinTech Conference to be held in New York on September 18.
September 17, 2014
07:39 EDTABMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
07:37 EDTWETFMorningstar to hold a conference
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