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Morningstar Incorporated

A collection of news and information related to Morningstar Incorporated published by this site and its partners.

Top Morningstar Incorporated Articles

Displaying items 78-88
  • Pimco trustee assails exec's salary

    Pimco trustee assails exec's salary
    A longtime trustee for Newport Beach's $1.9-trillion Pimco funds lashed out at the reported $200-million annual salary of Bill Gross, the billionaire bond guru who co-founded the giant money manager in 1971 and remains its chief investment officer. "You...
  • Major union group sues to overturn Illinois pension law

    Major union group sues to overturn Illinois pension law
    SPRINGFIELD — Illinois’ largest government employee unions sued Tuesday to overturn Illinois’ new pension law, ripping the long sought, landmark money-saving changes as outright “theft” from workers that won’t pass a...
  • Chicago pension tab: $18,596 for every man, woman, child

    Chicago pension tab: $18,596 for every man, woman, child
    The much-discussed government worker pension debt in Chicago now has a price tag: $18,596 for every man, woman and child living in the city. That per-person figure is the highest among the nation’s 25 largest cities. It’s nearly double that...
  • T. Rowe Price net income up nearly 26 percent for quarter

    T. Rowe Price net income up nearly 26 percent for quarter
    Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, and customers added money to portfolios rather than taking cash out — reversing an...
  • Budgeting is a drag, but online personal financial management sites make the chore easier

    Online budgeting sites aim to take the tedium out of money management, and the latest entry even tries to make a game of it with cash prizes. Budgeting is such a turnoff that some financial professionals won't even use the term with clients. But some...
  • Apple sparks renewed interest in dividend-paying stocks

    Apple sparks renewed interest in dividend-paying stocks
    Apple made headlines again last week, but this time they weren't entirely about the new iPad. The tech behemoth announced that it would start paying a quarterly dividend worth $2.65 per share beginning in July. That amounts to nearly $10 billion to be...
  • As stock market breaks records, Legg Mason Inc.'s shares hit yearly high

    As stock market breaks records, Legg Mason Inc.'s shares hit yearly high
    Legg Mason Inc.'s stock, which has struggled to recover from the financial crisis, hit a new 52-week high last week. It could be a harbinger of a turnaround at the Baltimore-based money manager. Or Legg shares simply may be riding the recent record-...
  • T. Rowe Price-managed college savings plans take home gold

    T. Rowe Price-managed college savings plans take home gold
    Two college savings plans managed by T. Rowe Price rank among the best in the country — the eighth time that the Baltimore-based investment firm has been included in Morningstar's annual survey of top plans. Only once — the year after the...
  • What investors can expect in 2012

    If you had slept Rip Van Winkle-style through 2011, you'd be awakening now to find that your stock portfolio was much the same as you left it. Presuming you stayed awake, you endured a volatile year for equities. Market swings were so violent that by the...
  • The departure of Legg Mason's CEO raises questions about its future

    The departure of Legg Mason's CEO raises questions about its future
    The second CEO in Legg Mason's history announced last week he was stepping down, raising the question: What's next for the Baltimore-based money manager? Only the board — or more precisely, activist shareholder and Legg director Nelson Peltz &#...
  • Top 25 companies for work-life balance

    Top 25 companies for work-life balance
    If you want a better work-life balance, consider trying to land a job at Nestle Purina Petcare Company, where you can bring your dog into the office; MITRE, a technology-consulting organization that employees say is family-friendly; or SAS Institute, a...