mutual funds
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Bill Miller will buy out Legg's share of their jointly owned LMM, which oversees funds with $1.8 billion in assets under management.
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We should forgive the student debts of graduates who choose professions in social work, child care, elder care, nursing and teaching
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Wrong to suggest that 'corporation' is a dirty word in city charter school debate
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MarylandCAN isn't interested in kids but in pushing an anti-public school agenda
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The chief investment officer and chairman of T. Rowe Price will step down next year as portfolio manager of one of the company¿s biggest investment funds.
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The CEO of a Hunt Valley-based real estate investment trust, which has a porfolio of skilled nursing and assisted living facilities across the U.S., was awarded $7.3 million in compensation for 2013, a year that the firm's returns placed it among the top performing REITs in the country.
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New skatepark in Hampden, which draws about 100 people a day, many from out of town, holds its grand opening May 3. It's a big day for them, and for Stephanie Murdock, who raised money for seven years, and for the owners of Vu, a skateboard shop that opened on Falls Road around the corner from the skatepark.
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President Barack Obama unveiled a $3.9 trillion federal budget on Tuesday that calls for spending billions more on infrastructure, raising taxes on the wealthy and closing an income inequality gap the president has made a top target of his second term.
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Jane W. Dickinson, a retired executive secretary and community activist, died Feb. 13 from complications of a stroke at Blakehurst Retirement Community in Towson. She was 94.
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The state pension system is Maryland's financial Achilles heel. All bond rating services have noted that rising pension debt endangers the AAA bond rating, and the Pew Center on the States rates Maryland as one of the 10 most under-funded states. Perhaps it's time for Nancy Kopp to step down.
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The real estate investment trust, which caters to government and defense-related tenants, saw earnings per share hit 94 cents for the three months ended Dec. 31, compared to 16 cents during the same period in 2012.
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Men's Wearhouse said it might be willing to sweeten its bid for rival Jos. A. Bank Clothiers in a letter sent Thursday to Bank's independent directors that also urged them to form a committee to reconsider its offer to buy Bank for $1.6 billion cash.
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The banner year for the stock market brought good news to Baltimore money management firms, with leaders pointing to a rising tide that buoyed their funds and their companies' prospects.
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Investors are hoping to breathe new life into Jos. A. Bank Clothiers Inc.'s failed $2.3 billion bid for Men's Wearhouse Inc., pressuring other investors to join a campaign to re-start merger talks.
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Legg Mason Inc. reported Friday it earned $86.3 million in the second quarter, a 6.8 percent increase over a year ago.
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The darling of anti-school reformers, Diane Ravitch intensifies the education wars to the detriment of students.
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Maryland financial advisers and money managers say investors are concerned but not panicked yet by debt ceiling brinkmanship
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The reality-averse brigade in the GOP is pushing a showdown over the debt limit out of a refusal to be accept that facts trump politics.
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Maryland financial professionals look back on financial crisis and the repercussions still being felt
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Baltimore's Matthew Wyskiel co-founded fundraiser that sells tickets to evening with area stock pickers.
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Taymour Tamaddon discusses his first six months after becoming manager of Price's Health Sciences Fund.
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According to a study released last week by Fidelity Investments, 69 percent of parents of have started to save for college, the highest percentage since the company began polling families in 2007.
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John H. "Jack" Laporte, a longtime T. Rowe Price portfolio manager, philanthropist and one of the minority owners of the Orioles, died Aug. 12 of lymphoma at his Ruxton home. He was 68.
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Famed money manager Bill Miller's fund is once again beating the market, but analysts say its too early to know whether he's made a comeback.
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Steve C. Huber, the manager of the T. Rowe Price Strategic Income Fund, sits down for an interview with The Baltimore Sun.
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Baltimore's Legg Mason Opportunity Trust, co-managed by well-known stock-picker Bill Miller, is the top-ranked U.S. diversified stock fund for the third consecutive quarter, according to a Wall Street Journal ranking.
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Mark E. Stoeckle, CEO of Adams Express Co. and Petroleum & Resources Corp., answers questions from The Baltimore Sun.
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Baltimore's two major fund companies have joined a small but growing number of investment firms offering ultra short-term bond funds, which may become an alternative to the traditional money market fund.
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T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But during 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so.
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T. Rowe Price Group reported Wednesday that it earned $241.9 million in the first quarter, or 91 cents per share, on revenue of $815.7 million.
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Price holds annual meeting and discusses loss of top manager, ETFs and Obama tax proposal
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Kris H. Jenner, the manager of T. Rowe Price Health Sciences Fund until his resignation in February, has raised more than $100 million to launch a Baltimore-based hedge fund, Bloomberg News reported.
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Legg Mason Inc.'s new CEO, Joseph Sullivan, announced members of his executive team, as well as the exit of some top officials, including one who had been in the running for chief executive.
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