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T. Rowe Price profit rose 22 percent in first quarter
T. Rowe Price Group reported Wednesday that profit rose 22 percent in the quarter from a year ago to $241.9 million, buoyed by an uptick in the market that pushed assets under management to a new record. The Baltimore-based money manager earned 91...
Tags: Finance, James A.C. Kennedy, Economy, Business and Finance, T. Rowe Price, Earnings Forecasts
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The day ahead in business April 24
Reports: MBA mortgage index for week ended April 20, 6 a.m.; Durable goods orders for March, 7:30 a.m.; Crude inventories for week ended April 20, 9:30 a.m. Local earnings: Boeing Co., First Midwest Bancorp Inc., Horace Mann Educators Corp., Morningstar...
Tags: Qualcomm Inc., Avery Dennison Corporation, Daimler AG, Lilly Eli & Co, Boeing Co.
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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...Tags: T. Rowe Price
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T. Rowe Price CEO earned $8.4 million in 2012
The top executives of T. Rowe Price Group Inc. saw their compensation rise last year, the Baltimore-based investment firm reported. CEO James A.C. Kennedy earned $8.4 million in total compensation last year, a 7 percent increase over 2011 and Brian C....
Tags: James A.C. Kennedy, T. Rowe Price
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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...
Tags: Finance, Fiscal Cliff, Credit Ratings, Economy, Business and Finance, Personal Finance
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Workers, lacking time or money, leave vacation days unused
Tisa L. Silver-Canady, who counsels University of Maryland, Baltimore students about loan repayments and runs other financial education programs at the school, realized toward the end of last year that she had not used about a third of her vacation time....Tags: Career and Workplace, Conservation, Labor Legislation, Employment Opportunities, Corporate Office Properties Trust Inc.
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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...
Tags: Science and Technology, Baltimore County, T. Rowe Price
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T. Rowe Price reports profit of $247.3 million in third-quarter
Buoyed by rising assets under management and market gains, T. Rowe Price Group reported Wednesday that it earned $247.3 million, or 94 cents per share, for the third quarter. Revenue reached $769.7 million for the three months ending Sept. 30. A year...Tags: Finance, Career and Workplace, Consumer Confidence, Labor Legislation, Economy, Business and Finance
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Kamenetz's risky pension bet
Would you borrow money to pay off your mortgage and instead risk it in the market? That is in essence what Baltimore County Executive Kevin Kamenetz would like to do by floating $255 million of pension obligation bonds to fill the official hole in the...
Tags: Tom Quirk, Government, Martin O'Malley, Politics, Baltimore County
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T. Rowe Price reports $206.8 million profit for second quarter
T. Rowe Price Group said earnings rose to $206.8 million for the second quarter on record revenue of $736.8 million, results that fell below analysts' expectations and sent the company's shares tumbling Wednesday. On a per-share basis, the Baltimore-...Tags: European Debt Crisis, Finance, China, Economy, Business and Finance, T. Rowe Price
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T. Rowe Price sees Facebook investment more than triple in a year
T. Rowe Price Group's stake in Facebook Inc. more than tripled in value as the social networking giant went public Friday. At the close of the market Friday, T. Rowe's investment in Facebook was valued at $695.8 million. The Baltimore-based mutual fund...Tags: Social Media, Personal Finance, Groupon, Inc., Visa Inc., Media Industry
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T. Rowe closes its high-yield bond funds to new investors
T. Rowe Price Group closed its high-yield bond funds to new investors as of Monday, the Baltimore money manager announced Tuesday. They include the investor class shares and advisor class shares of the $9.2 billion High Yield Fund as well as the $2.5...Tags: Finance, Economy, Business and Finance, Bonds, Mutual Funds
Apr 24, 2013
|Story| Baltimore Sun
Apr 24, 2013
|Story| Chicago Tribune
Feb 21, 2013
|Story| Baltimore Sun
Mar 22, 2013
|Story| Baltimore Sun
Jan 29, 2013
|Story| Baltimore Sun
Jan 12, 2013
|Story| Baltimore Sun
Jan 3, 2013
|Story| Baltimore Sun
Oct 24, 2012
|Story| Baltimore Sun
Sep 25, 2012
|Column| Baltimore Sun
Jul 25, 2012
|Story| Baltimore Sun
May 18, 2012
|Story| Baltimore Sun
May 1, 2012
|Story| Baltimore Sun
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