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T. Rowe Price

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Top T. Rowe Price Articles

Displaying items 61-72
  • Ex-Maine senator Olympia Snowe joins T. Rowe Price board

    Ex-Maine senator Olympia Snowe joins T. Rowe Price board
    Olympia J. Snowe, the former Republican senator from Maine, has joined T. Rowe Price Group's board of directors, the Baltimore-based money manager announced Thursday. Snowe served in the House of Representatives from 1979 to 1995, when she started...
  • For juvenile detainees, 'Supper Club' brings stable connection

    For juvenile detainees, 'Supper Club' brings stable connection
    You empty your pockets of change, keys and pens, walk slowly through a metal detector and raise your arms above your head for a top-to-bottom frisking. A grim-looking security guard unlocks a metal door, then two more, closing each behind you with a...
  • T. Rowe Price announces sale of its bank

    T. Rowe Price announces sale of its bank
    T. Rowe Price said it was selling its bank to New York financier Jacob M. Safra for about $24 million in light of new banking regulations that would limit other aspects of the Baltimore-based money manager's business. The bank was launched in 2000 as an...
  • T. Rowe Price announces new series of target-date retirement funds

    T. Rowe Price announces new series of target-date retirement funds
    T. Rowe Price plans to launch a new series of 11 target-date retirement funds later this summer, the Baltimore-based money manager said Wednesday. Target date funds automatically become more conservative as investors age. Price began offering such funds...
  • Doubts face a new proposal for prominent downtown parcel

    Doubts face a new proposal for prominent downtown parcel
    Developer J. Joseph Clarke has come up with a half-dozen ideas over the past 20 years — a hotel, corporate headquarters, residences, office space — for a prominent downtown site three blocks from the Inner Harbor. But none took hold. He...
  • Wall Street shrugs off sequester

    Wall Street shrugs off sequester
    The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline. When no deal was...
  • William D. Waxter III, securities analyst

    William D. Waxter III, securities analyst
    William Deal Waxter III, a retired securities analyst and World War II veteran, died of a stroke Feb. 11 at Broadmead Retirement Community. The former Roland Park resident was 88. Born in Baltimore and raised on Lombardy Place, he spent his summers at...
  • Neuman brings business experience to Anne Arundel County executive job

    Neuman brings business experience to Anne Arundel County executive job
    When Laura Neuman heard that an Annapolis salad dressing maker was planning to move his business out of state, she arranged to meet with him. Neuman listened to Greg Vetter's story and made some calls. "She just said, 'Dude, you are NOT leaving...
  • T. Rowe Price raises quarterly dividend

    T. Rowe Price raises quarterly dividend
    T. Rowe Price Group announced Thursday it was raising its quarterly dividend by 12 percent to 38 cents per share. The dividend will be paid March 27 to those who are shareholders as of March 13. The Baltimore-based money manager said it has increased its...
  • Sullivan named Legg Mason CEO and president

    Sullivan named Legg Mason CEO and president
    Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might be headed for a breakup that could have been bad news for the city. After a worldwide search for a new leader, Legg announced Wednesday...
  • T. Rowe Price loses fund manager and two analysts

    T. Rowe Price loses fund manager and two analysts
    The manager of one of T. Rowe Price's top funds and two analysts have resigned, effective Friday. Kris H. Jenner, 51, has managed the T. Rowe Price Health Sciences Fund since 2000. The fund, with $5 billion in assets, gained nearly 32 percent last year....
  • T. Rowe Price reports 23 percent increase in earnings in 4th quarter

    T. Rowe Price reports 23 percent increase in earnings in 4th quarter
    T. Rowe Price Group on Tuesday reported a $232 million profit for the fourth quarter, a 23 percent increase from a year earlier. The Baltimore-based investment firm earned 88 cents a share for the quarter ended Dec. 31. That's up from 73 cents a share a...