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Under Armour expected to report first-ever operating loss

Facing a weak U.S. apparel market, Under Armour is expected to show its first-ever operating loss as a public company when it reports financial results this week, a Stifel analyst said. Analyst Jim Duffy maintained a hold rating on the stock and a target price of $19 per share for the Baltimore-based...

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T. Rowe Price opens technology development center in NYC

T. Rowe Price Group has opened a technology development center in New York City as the Baltimore money manager looks to expand the role of technology in its investment strategies. The center will employ between 50 and 60 workers, including technical architects, data scientists, software engineers...

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