AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS BRIEFS.(TO THE POINT)
FINANCE
Price war seen at brokerages
E-Trade Financial and AmeriTrade shares dipped 2.5% each after a report by Banc of America Securities suggested a price war on commission fees will slash the industry's bottom line. Charles Schwab, the nation's largest online brokerage, announced in October that it would cut its base online stock trading fee to $19.95 from $29.95 this month. AmeriTrade charges a flat fee of $10.99 for online orders. E-Trade offers a $9.99 flat fee to its most active traders, but those who use the online services more sporadically are charged $19.99.
Calpers president may be ousted
The head of the California Public Employees' Retirement System said he'll likely be replaced when his term expires early next year. Sean Harrigan, a union representative, used Calpers' $177 bil investment portfolio as leverage to push corporate reforms, including calling for the resignations of the CEOs of Disney and Safeway. Calpers Investment Committee Chairman Rob Feckner confirmed that ...
- Rob Feckner Elected CalPERS President; Robert Carlson Chosen V.P.
- Press release article from: Business Wire February 16, 2005 700+ words
...System Board of Administration today unanimously elected Rob Feckner as its President and Robert F. Carlson as Vice President...has been Board Vice President and Chairman of the Board Investment Committee for the past two years. Feckner is also a member of the...
- CalPERS 2003 Committee Chairs Chosen.
- Press release article from: Business Wire March 28, 2003 700+ words
...Administration committees. -- Investment Committee: Rob Feckner, Chair; Priya Mathur...Transit District. Other Investment Committee members are: Sidney Abrams...are: Philip Angelides, Rob Feckner, Sean Harrigan, Priya...
- CalPERS Board Elects 2004 Committee Chairs.
- Press release article from: Business Wire April 5, 2004 700+ words
...Administration committees. -- Investment Committee -- Rob Feckner, Chair; Priya Mathur...Transit District. Other Investment Committee members are: Sidney Abrams...are: Philip Angelides, Rob Feckner, Sean Harrigan, Priya...
- CalPERS Board Elects Committee Chairs.
- Press release article from: Business Wire March 17, 2005 700+ words
...Administration. -- Investment Committee - Charles Valdes, Chair...San Marcos. Other Investment Committee members are: Rob Feckner, Priya Mathur, Ronald...Kurato Shimada, Chair; Rob Feckner, Vice Chair. Shimada...
- CalPERS Calls on Safeway, Albertson's and Kroger to Settle with United Food and...
- Press release article from: Business Wire December 17, 2003 700+ words
...letters to the Chairmen and CEO's of Safeway, Inc., Albertson's Inc. and Kroger Company, CalPERS Investment Committee Chair Rob Feckner called on the three companies to negotiate in good faith with the UFCW to provide a health benefit package...
- ADVISORY/CalPERS Makes Important Announcement Regarding NYSE Operations.
- Press release article from: Business Wire December 15, 2003 700+ words
...Exchange (NYSE) and its operations. WHO: -- CalPERS President Sean Harrigan -- Vice President and Investment Committee Chair Rob Feckner -- State Controller Steve Westly -- State Treasurer Phil Angelides WHEN: Tuesday, December 16...
- CalPERS Adds the Philippines, India and Peru to Permissible Emerging Equity...
- Press release article from: Business Wire April 19, 2004 700+ words
...country has not elevated its score to 2.0, it requires that the System divest of its holdings. Investment Committee Chairman Rob Feckner expressed support for the emerging country evaluation process and said, "we can and will do more...
- REMINDER/CalPERS Makes Important Announcement Regarding NYSE Operations.
- Press release article from: Business Wire December 16, 2003 700+ words
...Exchange (NYSE) and its operations. WHO: -- CalPERS President Sean Harrigan -- Vice President and Investment Committee Chair Rob Feckner -- State Controller Steve Westly -- State Treasurer Phil Angelides WHEN: Tuesday, December 16...