T. Rowe Price to Acquire Stake in UTI Asset Management Company
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PR Newswire
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1 hour, 20 minutes ago
T. Rowe Price Group today announced that it has entered into definitive agreements to acquire a 26% stake in UTI Asset Management Company Limited and UTI Trustee Company Pvt. Ltd. for INR 6.5 billion .
2.
Blackstone profit tops view; sees more deals ahead
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Reuters
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Fri Nov 6
Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.
3.
Best of both worlds? Combined pension/401k plan
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AP
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Fri Nov 6
Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts. Even so, with the guaranteed income of traditional pensions disappearing, most investors have little choice.
4.
GAMCO Reports 3rd Quarter 2009 Fully Diluted Earnings Per Share of $0.53
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Business Wire
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Fri Nov 6
RYE, N.Y.----GAMCO Investors, Inc. announced third quarter 2009 earnings of $0.53 per fully diluted share versus $0.43 per fully diluted share in the third quarter 2008. Net income was $14.7 million in the third quarter 2009 compared to $12.0 million in the third quarter 2008.
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Fortress Investment posts wider 3rd-qtr loss
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AP
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Fri Nov 6
Alternative asset manager Fortress Investment Group LLC said Friday its third-quarter loss deepened as it cut expenses and recorded a big gain on affiliate investments.
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Canadian GLG Life Tech plans IPO in the US
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AP
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Fri Nov 6
Canadian sweetener supplier GLG Life Tech Corp. plans to offer 3.6 million common shares in a U.S. initial public offering.
7.
The Blackstone Group Reports Third Quarter 2009 Results
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Business Wire
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Fri Nov 6
NEW YORK----The Blackstone Group L.P. : Economic Net Income After Taxes was $275 million for the third quarter of 2009, up from $181 million for the second quarter of 2009 and a loss of $ million for the third quarter of 2008.
