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Railroad giant CSX said it has asked two nominees of activist hedge fund shareholders TCI and 3G Capital to join its board, but said it will await a vote review and court action before seating its two remaining members. ...more
July 26, 2008
CSX Corp. says preliminary results of the railroad's contentious board vote show that four of five directors nominated by activist hedge fund shareholders TCI and 3G Capital have been elected to its board. ...more
July 17, 2008
For the first time in a decade, new investors will be able to put money into a mutual fund that helped fuel Fidelity Investments' rapid growth in the 1980s and '90s, but has recently seen many retirement-age investors withdraw their cash. ...more
January 15, 2008
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