In The News
August 07, 2007
Surprise Management Change at Fidelity
In a surprise and surprising announcement, Ellyn McColgan announced she is leaving Fidelity to pursue new opportunities. Ellyn had been viewed as a likely heir apparent when Ned Johnson steps down from his current role (sometime in the next several
July 16, 2007
Fidelity makes a smart move
It has been several months since we updated the Fido Files blog. In fact, the last time was to report the departure of Bob Reynolds. Now we are reporting on his replacement. As announced today by Fidelity, Rodger Lawson, a
April 20, 2007
Changes at the Top
Fidelity announced on April 19, 2007 that Bob Reynolds, its COO and second-in-command, is retiring and Ned Johnson is assuming a more proactive role while Abigail Johnson (Ned’s daughter and heir apparent) will be joined by rising star Ellyn McColgan
April 17, 2007
Fidelity Retirement Survey for Married Couples
Fidelity announced today that there is yet another topic that married couples can disagree on. It’s not parenting styles, what movie to watch on Friday night, or whether or not to buy a pool table. It’s retirement finance. In a
April 12, 2007
How much money do you need to save for retirement? The 2007 Retirement Confidence Survey by the Employee Benefit Research Institute and Matthew Greenwald & Associates reported yesterday that nearly half of workers surveyed have only $25,000 – or less
March 07, 2007
March 6, 2007 NBR Interview
You can read the transcript from the Nightly Business Report from March 6th at http://www.pbs.org/nbr/site/onair/transcripts/070306c/. You can also watch the video file, but that will only be available until about 9PM today when it will be replaced by the March
February 27, 2007
Dow drops 3.29%
To post a comment, scroll down to the end of the post and click on "comments." This will take you to a comments screen. Today all our major market indices lost more than 3% on the day – the worst
February 05, 2007
FI Manager Rankings Portfolio
The February newsletter came out at the end of the day on Thursday, and I've already heard from a few of you regarding my suggestion for a Manager Rankings Portfolio. If you haven't already, log onto the Fidelity Investor website,