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This is largely because the banks sold passive slices and ceded no formal control, which would have set off a federal review of the national security implications.
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Keizo Kawamura, Tokyo Metallic's spokesman, said the company might end up being acquired, although it also has plans to raise cash by selling shares to passive investors.
On Dec. 28 the company simply sold off a chunk of its passive investment in Dorsey Corp. stock for an aftertax profit of $2.3 million.
MRV COMMUNICATIONS, Chatsworth, Calif., sold its majority stake in Luminent's passive components division for about $29 million.
Direct 529 plans are sold by individual states and generally feature passive portfolios, so fees are much lower.
Mr Sandler suspects that independent financial advisers, who get more commission selling active funds than passive ones, push their customers into the former.Active and passive managers have fought for years over which is the better way to invest.
It's likely that any GPS information you make public (published or passive) will be collected and shared or sold, so keep that in mind.
The Electronics Marketing segment markets and sells semiconductors and interconnect; passive and electromechanical devices; and embedded products.
Passive asset management, where margins are thin and Deutsche lacks scale, may be sold; Mr Breuer has already bought two active asset managers, which promise richer pickings.
But now he plans to build passive houses to sell.
He calls it "acceleration therapeutics".The passive exerciser, which sells for $35,000, has been registered with the Food and Drug Administration as a medical device for therapeutic use.
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