Topic: Fidelity Investments

Fidelity cuts trade commissions to flat $7.95 fee

Fidelity cuts stock trading commissions to $7.95 for all customers; gets ETF pact with iSharesFidelity Investments on Tuesday undercut its brokerage rivals, reducing its online stock trading commission to a flat fee of $7.95, four weeks after Charles Schwab Corp. cut its price to $8.95. Fidelity's ...
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Fidelity Investments President Lawson to retire

Fidelity Investments President Rodger Lawson to retire; 79-year-old CEO staying for nowFidelity Investments President Rodger Lawson is retiring at the end of March after two-and-a-half years reorganizing a company that's now on better financial footing, but also about 9,000 employees smaller than when he arrived. Fidelity on Wednesday ...
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A look at Fidelity Investments

Fidelity Investments at a glanceA look at Fidelity Investments: HISTORY: Founded in Boston in 1946 by Edward C. Johnson II to act as investment adviser to the Fidelity Fund. TOP EXECUTIVE: Chairman and Chief Executive Edward C. "Ned" Johnson III, age 79, started at Fidelity as research analyst in 1957 ...
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Retiree Annuities May Be Promoted by Obama Aides

By Theo Francis [Bloomberg] -- The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged. The U.S. Treasury and Labor Departments will ask for public comment as soon as next ...
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