The SEC says traders at Goldman Sachs netted a 2,000% profit off a bet placed before the takeover of Heinz Co. was announced. The Commission also says those traders must appear in court to explain their good fortune.
T. Rowe Price Group Inc., the asset manager that has posted a profit every quarter since going public in 1986, said fourth-quarter earnings rose 23 percent as stock markets gained boosted assets and the fees they generate.