Affiliated Managers Group Inc. News
Affiliated Managers Group Expected to Earn $3.19 a Share
Affiliated Managers Group revenue expected to fall 9.9% to $540.7 million.
Affiliated Managers Group Drops After Swinging to First-Quarter Loss
The asset management company reports a loss of more than $200 million in the quarter.
Affiliated Managers Group Expected to Earn $3.26 a Share
Affiliated Managers Group revenue expected to fall 11.4% to $542.3 million.
BlackRock's ETF Dominance Enriches Investors as Mutual Funds Suffer
BlackRock continues to steal market share from mutual-fund competitors with its suite of exchange-traded funds. Analysts say investors' increasing preference for ETFs shows no sign of abating. But because of the low fees charged by ETFs, profit margins are shrinking.
As ETFs Gain on Mutual Funds, WisdomTree Emerges as Takeover Target
WisdomTree Investments, a specialist in exchange-traded funds, could be an attractive takeover candidate for big money managers looking to catch up in the fast-growing ETF industry, according to Credit Suisse.
Breaking News
Amazon May Take Small Stake in Meal Delivery Group Grubhub; Uber, DoorDash Stock Slide
"Amazon has redefined convenience with Prime and we're confident this offering will expose many new diners to the value of Grubhub+," said Grubhub CEO Adam DeWitt.
Crypto Crisis Brings Back Ghosts of Lehman Brothers
The crypto industry is going through an unprecedented crisis of confidence.
Alphabet Stock Is Setting Up for a Trade Ahead of Stock Split
Alphabet stock has an interesting setup before the tech giant splits the shares. Here's the trade to know.
Apple Stock Higher Amid Tech Boost; Goldman Price Target Cut Clouds MacBook News
Apple will begin shipping its new 13.6 inch liquid retina display MacBook Air laptop next week, the tech giant said Wednesday.