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T. Rowe Price

A collection of news and information related to T. Rowe Price published by this site and its partners.

Top T. Rowe Price Articles

Displaying items 61-72
  • T. Rowe Price's earnings rise 20 percent but stock plunges

    T. Rowe Price's earnings rise 20 percent but stock plunges
    T. Rowe Price Group reported a 20 percent increase in earnings for the second quarter Wednesday, but a decline in assets under management when investors withdrew money contributed to a sharp sell-off of the company's stock. The Baltimore-based money...
  • Wedded: Samantha Stern and Mark Pilon

    Wedded: Samantha Stern and Mark Pilon
    Wedding date: June 1, 2013 Her story: Samantha Stern, 29, grew up in Baltimore. She is a graduate of the University of Maryland, College Park, and an operations manager at T. Rowe Price. She is the eldest daughter of Cindy and Jerry Stern. His story:...
  • Harbor Point debate looks like deja vu all over again

    Harbor Point debate looks like deja vu all over again
    There are any number of ways to view last week's raucous City Council committee meeting, where by a 3-0 vote, members approved a $107 million public financing deal for the Harbor Point development. It was theater, for sure, with drama and high dudgeon...
  • 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...
  • T. Rowe Price, Legg Mason offering up ultrashort-term bond funds

    T. Rowe Price, Legg Mason offering up ultrashort-term bond funds
    Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...
  • T. Rowe Price sees unusual turnover in portfolio managers

    T. Rowe Price sees unusual turnover in portfolio managers
    T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But over 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so. Two left suddenly, with a star...
  • 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...
  • Industry experts suggest what Legg Mason's new CEO must do

    Industry experts suggest what Legg Mason's new CEO must do
    After more than four months without a permanent leader, Legg Mason Inc.'s search for a new CEO might finally be near the end. It probably can't come soon enough for employees and investors who have lived through months of uncertainty. "The longer it...