(RYE, N.Y.)Gamco Investors Inc. said Friday's its board of directors declared a special dividend of 90 cents per share to all class A and class B shareholders. The dividend is payable on Dec....READ MORE
(DES MOINES, Iowa)Shares of asset management firms fluctuated Friday as the market rebounded after two days of heavy losses but an analyst warned that the fourth quarter will prove challenging for m...READ MORE
(RYE, N.Y.)Gamco Investors Inc. on Tuesday said it expects its third-quarter profit will come in well ahead of Wall Street expectations, despite dropping sharply from last year.READ MORE
(NEW YORK)Goldman Sachs & Co. analyst Marc Irizarry on Tuesday reduced his earnings estimates and price targets on a handful of asset managers, citing expectations for a decline in assets un...READ MORE
(WASHINGTON)The Securities and Exchange Commission said Friday it will distribute more than $30 million to about 250,000 investors in a boutique mutual fund firm charged with allowing excess t...READ MORE