Fidelity fee cuts all about strategy
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A lot of people got excited when Fidelity Investments announced recently that it was cutting fees on five index mutual funds. You heard talk about price wars with the Vanguard Group, of a new &quot;low-cost leader&quot; in fund investing and more.
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THE REGION Fidelity Investments is considering expanding a Texas facility, adding up to 1,500 jobs, a spokeswoman for the Boston mutual fund giant said. Anne Crowley confirmed reports in Texas newspapers that Fidelity is in talks with the town of Westlake, near Dallas, to expand a campus where it now has about 2,900 employees. One of Massachusetts' largest employers, Fidelity ...
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A lot of people got excited when Fidelity Investments said recently it was cutting fees on five index mutual funds. You heard talk about price wars with Vanguard Group, about a new ''low-cost leader&quot; in fund investing, and more.
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The mutual fund giant trims expense rates on some of its most popular funds.
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Investor's Business Daily - Fidelity Investment's shakeup in the organization of its mutual funds, begun 18 months ago, appears to be yielding results for the industry leader.
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Fidelity National Financial Inc., a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, announced it will take over InterCept Inc.
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The discount broker again cuts its price on online trades.
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The Vanguard Group said on Tuesday it  has lowered expense ratios on six portfolios in its 529 College  Savings Plan sponsored by the state of Nevada.
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Facing continued top-line weakness, the company may have to cut costs.
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A harsh reminder of why business-focused investing is the only strategy for your long-term dollars.
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With Dow Jones acquired, Rupert Murdoch is making strategic cuts.
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Participants in 401(k) plans may be losing thousands of dollars in retirement savings because of sponsor fees, a report said Thursday, in urging investors be given a clearer picture of the fees they pay.
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Online banking and brokerage firm  E*Trade Financial Corp. ET.N on Tuesday cut transaction fees  for small investors and some options trading accounts in a  strategy to attract more retail investors and options traders.
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Fidelity Investments, the world's  biggest mutual fund company, posted on Friday an 11.3 percent  drop in net income, its first profit decline in four years, as  it spent more to compete with rivals.
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Fidelity Investments on Thursday said two employees have been let go and 14 others have been disciplined for violating company policies covering gifts from brokers to the mutual fund giant&#39;s traders.
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Fidelity Investments is welcoming new shareholders into its venerable Magellan fund after shutting them out for a decade. But, should you accept the invitation?
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Fidelity Investments chairman and chief executive Edward C. "Ned" Johnson III is known for a rare attention to detail within his sprawling family enterprise. Example: Displeased with the style of sinks at a fitness center in the Fidelity-owned Seaport Hotel , he ordered them torn out and replaced. A faulty alarm at the South Boston hotel also prompted action: He ...