T. Rowe Price Group Incorporated

As U.S. financial markets imploded and credit dried up in recent weeks, there seemed to be a haven abroad. But with financial turmoil spreading beyond America's borders, businesses and investors are likely to face daunting challenges as they tap into...

Shares of Baltimore's Legg Mason Inc. suffered the largest one-day percentage drop in its history as a public company yesterday and plunged to their lowest price in almost 10 years. Legg's shares fell nearly 25 percent, or $6.25, to $19 in a broad market...

Shares of Baltimore's Legg Mason Inc. suffered the largest one-day percentage drop in its history as a public company today and plunged to their lowest price in almost 10 years. Legg's shares fell nearly 25 percent to $19 in a broad market sell-off...

Baltimore's T. Rowe Price Group will participate in a temporary federal guarantee program to prop up the $3.4 trillion money market fund industry. Price joins Legg Mason Inc., Fidelity Investments and Vanguard Group Inc. among others in applying for the...

Reminiscent of dot-com buyouts of another era, Timonium-based Bill Me Later agreed yesterday to be sold to auction giant eBay for $945 million - amply rewarding its founders, investors and 300 employees for building the technology start-up into a major...

Imagine you're a business student and you've been eyeing career prospects on Wall Street. But then the financial turmoil gets worse and events of the past few weeks - the bankruptcy of Lehman Brothers and the sale of Merrill Lynch, Washington Mutual and...

If you're at the point where you aren't sure you can take any more of this, you have plenty of company. Worldwide. One year into this stock market slide, we've reached a new level of despair. Many investors now have lost about a third of their stock...

Stocks plunged yesterday with the Dow Jones industrial average falling nearly 780 points - the biggest one-day point drop ever - after federal lawmakers failed to pass a $700 billion plan to bail out the financial system. The vote by the House of...

Warren Buffett's advice to "look on market fluctuations as your friend" sounds good in a finance textbook, but it might give pause when your finger is about to click "buy" on a day the Dow falls 500. Still, that's what many financial pros recommend...

Baltimore based Cordish Cos., which has built signature projects in the Inner Harbor and casinos in Florida, might compete for a slots license in Maryland if voters approve a November referendum legalizing the gambling machines, officials said. In an e-...

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 since...

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....