T. Rowe Price Group Incorporated

Shares of Baltimore's Legg Mason fell 10 percent yesterday after one analyst downgraded the stock, noting several risks burdening the company. The stock lost $4.77 to close at $42.60 on the New York Stock Exchange. Shares are down nearly 41 percent...

Wall Street rebounded yesterday, rising sharply as oil prices fell and investors took advantage of bargains in financial stocks after two straight days of heavy declines. Crude backtracked as traders realized that demand for fuel is still falling....

Baltimore-based T. Rowe Price Group's plain vanilla approach to investing led it to a $162.2 million quarterly profit, while its flashier crosstown peer, Legg Mason Inc., reported a $31.3 million loss as its star fund managers continued to struggle in a...

Wall Street tumbled yesterday as further troubles in the financial sector, higher unemployment and lackluster retail sales touched off fresh concerns about the economy. The stock market's pullback erased most of the 370-point gain the Dow Jones logged...

Wall Street shot higher yesterday, gaining back the previous session's sharp losses and then some, after a drop in oil prices and a rise in consumer confidence gave investors some hope for a letup in Americans' financial woes. "The thinking is that oil...

Millions of participants in 401(k)-style retirement plans would receive more information about the costs of those programs, a move that could help boost savings, under a rule proposed by the Labor Department yesterday. The additional information will...

Wall Street abruptly ended an earnings-driven rally and closed sharply lower yesterday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell...

Wall Street at least temporarily shrugged off some of its many concerns yesterday and bounded higher thanks to a drop in oil prices. Investors also found relief in a decision by Wells Fargo & Co. to boost its dividend that helped counter some of the...

Wall Street finished sharply higher yesterday as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. Speeches by Federal Reserve Chairman Ben S. Bernanke,...

The second quarter started out with investor optimism that the worst of the credit crisis would soon be over. But June gave way to record-high oil prices, heightened concerns of inflation and predictions about more losses at major financial institutions....

Sourcefire Inc. rejected a counteroffer from a California anti-spam firm that wants to acquire the struggling Columbia security-software company. The company said yesterday that Barracuda Networks Inc.'s sweetened $8.25-a-share bid - 10 percent higher...

The Dow Jones industrial average closed under 12,000 yesterday for the first time since mid-March as stocks tumbled on escalating worries about the financial and automotive sectors and rebounding oil prices. The major indexes fell by more than 1¿...