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Fidelity Investments is in the Financial Services Industry
Latest News and Analysis
Daily Dispatch: Backdating Conviction, Apple, Microsoft, and Fidelity
Gregory Reyes became the first CEO convicted of criminal charges related to stock option backdating. The former CEO of Brocade Communications Systems was found guilty on all10 charges and faces up to 20 years in jail. Reyes's case sets a precedent not only for backdating-related convictions, but also...
Help Wanted: CEO for Multi-Billion Dollar Investment Company
Last week Warren Buffett said Berkshire Hathaway is looking for applicants (preferably a young-ish person) to replace him as chief executive and chief investment officer. "The Oracle of Omaha" says the search for CEO has been narrowed down to three internal candidates, but the company is still hunting for someone...
"Salary And Benefits" Exclusion In Fidelity Bonds Applies To Unearned As Well As To Earned Compensation
This article is about a fidelity bond, which does not afford coverage to employers for all losses resulting directly from fraudulent and dishonest employee conduct. Rather, the fidelity provision sets forth a subclass or type of dishonest or fraudulent conduct that may be covered under the bond. As the majority...
Salary And Benefits" Exclusion In Fidelity Bonds Applies To Unearned As Well As To Earned Compensation
A fidelity bond does not afford coverage to employers for all losses resulting directly from fraudulent and dishonest employee conduct. Rather, the fidelity provision sets forth a subclass or type of dishonest or fraudulent conduct that may be covered under the bond. Broken down into its components, the provision requires...
Workplace Management
Fidelity Investments has expanded its human resource and payroll outsourcing resources with a new online pay statement delivery service. With Fidelity's new PaperlessPay service, employers can now provide employees their earnings statements online, thereby eliminating printed paystubs. Through the new service, employees who use direct deposit automatically have access to...
Superior Customer Relationships: Best Practices of Eastman Kodak Co., Medrad Inc, and Fidelity Investment Services
Most organizations in a given marketplace want close customer relationships and pursue these relationships using advanced technologies, refined and aligned processes, and well-trained people. Unfortunately, competitors often wanting the same customers seek them with similar intensity and tactics. Competition affects industry profitability, and competitive advantage is the...
Salesforce Streamlines Sales Lifecycle at Fidelity National Information Services
Fidelity National Information Services (FIS), a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals, needed a way to consolidate customer and contact information in...
Additional Resources
Millionaires Expect Beginning of Economic Recovery Just a Year Away, According to Fidelity Survey
Group Sees Opportunities in Individual Stocks, Fixed-Income Products and Real Estate BOSTON -- Fidelity Investments today released new research on millionaires' investment attitudes and behaviors, which reveals that, while they currently have a negative view of the U.S. economy, they see a significant improvement one year from now....
New rewards programme for SkyMiles Members announced by Delta and fidelity investments
AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD Delta Air Lines (NYSE:DAL) and financial services provider Fidelity Investments have announced that SkyMiles members will now be offered mileage-earning opportunities when they open a new, non-retirement brokerage account at Fidelity. The airline said that, effective this month, SkyMiles members...
Bank of America Names Claire Huang to Head Marketing for Global Wealth & Investment Management
BOSTON, April 17 /PRNewswire/ -- Bank of America today announced Claire Huang has been named the head of marketing for its Global Wealth & Investment Management division. Huang is responsible for developing and executing marketing strategy for the company's businesses serving affluent, wealthy, ultra wealthy and institutional clients nationwide....
Allied Pilots Association Reaches out to Corporate Clients, Institutional Investors and Passengers to 'Help Us Fix American Airlines'
FORT WORTH, Texas -- Members of the Allied Pilots Association (APA), collective bargaining agent for the 12,000 pilots of American Airlines (NYSE:AMR), convened today in nine U.S. cities and London to voice concerns over the airline's reliability. APA members positioned themselves with informational signs and leaflets near the...
Upromise Investments Names Mark Chapleau President
NEWTON, Mass. -- Upromise Investments, Inc. today announced that Mark Chapleau has been named President. Mr. Chapleau has been part of the senior management team since 2002. "Upromise Investments has quickly grown into the leader in the 529 industry," said Mr. Chapleau. "It's a privilege to lead this...
Dimensional Fund Advisors Names John S. Romiza to Head up International Trading
SANTA MONICA, Calif. -- Dimensional Fund Advisors, a leading institutional asset manager, has named John S. Romiza to head up its international equity trading operations, working out of the company's London office. John will report jointly to Henry Gray, Head of Global Equity Trading, and to David Salisbury, Head of...
A.M. Best Assigns Ratings to fidelity investments Life Insurance Company and Its Subsidiary
OLDWICK, N.J. -- A.M. Best Co. has assigned issuer credit ratings (ICR) of "aa-" and affirmed the financial strength rating (FSR) of A+ (Superior) of Fidelity Investments Life Insurance Company (FILI) (Salt Lake City, UT) and its wholly owned subsidiary, Empire Fidelity Investments Life Insurance Company (EFILI) (New York, NY)....
Babson College Investment Management Association Hosts 'Investing in a Diverse Marketplace' Conference
To: EDUCATION EDITORS Contact: Michael Chmura, Babson PR, +1-781-239-4549,mchmura@babson.edu WELLESLEY, Mass., March 21 /PRNewswire-USNewswire/ -- The student-run Babson College Investment Management Association will host"Investing in a Diverse Marketplace" Conference on Friday, March 28,2008, in Olin Hall, Babson College, 11:30-6:00. To register, visithttp://www.babsonimc.com. Keynote speakers: Stephen D. Cutler: M '61,...
Fidelity® Nasdaq Composite® Index Tracking Stock Declares Quarterly Income Dividend
BOSTON -- Fidelity Investments([R]) announced today that the Fidelity([R]) Nasdaq Composite([R]) Index Tracking Stock (NASDAQ: ONEQ([R])) will pay a quarterly dividend of $0.10 per share from net investment income. The dividend will be paid on Friday, March 28, 2008, to shareholders of record at the close of business on Tuesday,...
Duke Realty Corporation Announces Earnings Conference Call; Thursday, May 1, 2008 at 3:00 p.m. EDT
INDIANAPOLIS -- Duke Realty Corporation (NYSE:DRE), will hold its quarterly conference call to discuss first quarter results on Thursday, May 1, 2008, at 3:00 p.m. Eastern Time. This call is being webcast by CCBN and can be accessed at Duke's web site at www.dukerealty.com. The webcast...
Progress Software Corporation Announces Fiscal 2008 First Quarter Earnings Conference Call
BEDFORD, Mass. -- Progress Software Corporation (NASDAQ: PRGS), a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, will hold its quarterly conference call to discuss the company's 2008 fiscal first quarter, on Thursday, March 20th, 2008 at 9:00 a.m. Eastern Daylight Time. ...
Regulators fine Fidelity $8M over perks
BOSTON -- Federal regulators on Wednesday fined Fidelity Investments $8 million and brought civil charges against former star money manager Peter Lynch and 12 others for receiving improper gifts from outside brokers vying to win Fidelity's lucrative trading business. The Securities and Exchange Commission's order settles a...
Psychiatrist and Trading Coach Ari Kiev Offers Trading Tips in Volatile Market
Kiev, author of new books Mastering Trading Stress and Hedge Fund Leadership, Addressed Fidelity Investments Trader's Expo NEW YORK, March 6 /PRNewswire/ -- Set your goal, get rid of losers and visualize outcomes Ari Kiev, M.D., renowned psychiatrist, trading coach and author, advised traders at a recent...
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