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T. Rowe Price

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Top T. Rowe Price Articles

Displaying items 73-84
  • 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...
  • 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...
  • Storied Legg Mason unit to merge into New York sister subsidiary

    Storied Legg Mason unit to merge into New York sister subsidiary
    Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York. Capital Management rose to fame under star...
  • Part one: Zell's big gamble

    Part one: Zell's big gamble
    Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
  • T. Rowe Price, Legg Mason get approval to launch active ETFs

    T. Rowe Price, Legg Mason get approval to launch active ETFs
    Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs up from regulators. The Securities and Exchange Commission approved Price's application earlier this month to be...
  • UMBC President Freeman A. Hrabowski III joins T. Rowe Price board

    UMBC President Freeman A. Hrabowski III joins T. Rowe Price board
    Freeman A. Hrabowski III, president of the University of Maryland, Baltimore County, has joined the board of T. Rowe Price Group as an independent director, the Baltimore-based investment firm announced Thursday. Hrabowski has led the university since...
  • U.S. stocks end higher despite negative news much of year

    U.S. stocks end higher despite negative news much of year
    Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors U.S. stocks rallied Monday in the last hours of trading...
  • Harford Ballet Company presents 'The Nutcracker'

    Harford Ballet Company presents 'The Nutcracker'
    The magic of the holiday season will be brought to life as Harford Ballet Company once again presents its performances of "The Nutcracker," this Saturday, Dec. 15, at 1 p.m. and 6 p.m. at Aberdeen High School. Harford Ballet Company, northern Maryland's...
  • T. Rowe Price substantially reduces its stake in Groupon

    T. Rowe Price substantially reduces its stake in Groupon
    T. Rowe Price had reduced its stake in daily deal website Groupon, while increasing its ownership in Kayak Software Corp., the travel comparison site, according to filings with the Securities and Exchange Commission. The Baltimore-based investment...
  • Hampden Family Center plays Santa to children who need help at holidays

    Hampden Family Center plays Santa to children who need help at holidays
    Blayr Callaway, 19, who is raising her 8-year-old niece as well as her 2-year-old daughter, was in a familiar setting, at the Hampden Family Center's annual Holiday Party. It's the center Callaway comes to throughout the year for social services ranging...
  • T. Rowe Price to issue special dividend

    Baltimore-based T. Rowe Price announced Thursday it will pay a special cash dividend before the end of the year, joining other companies that are declaring extra dividends in case taxes go up in 2013. Price will pay $1 per share on Dec. 28th to...