Denver Post (Free subscription) | 25/11/2008
George Soros, Citadel Investment Group and T. Rowe Price Group are snapping up coal- mining shares, taking advantage of the cheapest valuations in five years as demand for electricity rises.
Boston Globe (Free subscription) | 21/11/2008
T. Rowe Price Group Inc., the Baltimore-based money manager of $345 billion, opened two worldwide stock funds for U.S. investors. Global Large-Cap Fund and Global Real Estate Fund each will invest at least 40 percent of their money outside the U.S., T. Rowe Price said in a statement yesterday. Global Large-Cap will be managed by Scott Berg and Global Real Estate by David Lee. The funds represent T....
Baltimore Sun (Free subscription) | 25/10/2008
Money manager has first quarterly decline in 5 years, down 12.6% as skittish clients pull back Baltimore's T. Rowe Price Group saw its quarterly profit drop for the first time in five years as continued market volatility hurt the value of its assets and clients pulled back on making new investments.
The Baltimore Business Journal (Free subscription) | 24/10/2008
T. Rowe Price Group Inc. saw its profit drop by nearly 13 percent in the third quarter, but still met expectations set by Wall Street. (TROW)
Market Watch (Free subscription) | 24/10/2008
The chief executive of mutual-fund giant T. Rowe Price Group Inc. on Friday encouraged individuals to stick with their long-term investment plan and resist the urge to sell despite the panic roaring through global markets.
Reuters UK (Free subscription) | 24/10/2008
BOSTON, Oct 24 (Reuters) - T. Rowe Price Group Inc will buy back its stock opportunistically and sees current conditions as a "great" time for buying back its stock, the U.S. asset manager's chief executive said on Friday.
Teresa Lo | InVivoAnalytics.com (Free subscription) | 22/10/2008
A stock scan performed after the close on Tuesday for “the cross” found one stock that might be instructive. There were no ‘golden crosses’ with today’s market action: T. Rowe Price Group, Inc. (NASD:TROW) The 50/200 “Cross” The thesis goes something like this: the up or “golden” cross (50-day MA moves above 200-day MA) is supposed [...]
Seeking Alpha China (Free subscription) | 14/10/2008
Ockham Research submits: T. Rowe Price Group (TROW) is yet another example of a stock that was overvalued two weeks ago, and is now undervalued as of this last weekend ( SunTrust (STI) and Bank of America (BAC) are in a similar boat). Now, I know that Ockham Research boasts a long term perspective, but give us a little slack in this environment. When stocks are jumping back and forth at ten percent...
EmailWire.Com (Free subscription) | 14/10/2008
(EMAILWIRE.COM, October 14, 2008 ) DALLAS, Texas Beacon Equity Research announces the release of a Trade Alerts covering asset management stocks: Franklin Resources Inc. (NYSE: BEN), Brookfield Asset Management Inc. (NYSE: BAM), T. Rowe Price Group Inc. (Nasdaq: TROW), Invesco Ltd. (NYSE: IVZ),...
Baltimore Sun (Free subscription) | 09/10/2008
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 program, for which the sign-up deadline was yesterday. Edward Bernard, chairman of Price's money market funds, said they are highly liquid and well-diversified....
The Baltimore Business Journal (Free subscription) | 08/10/2008
Money manager T. Rowe Price Group Inc. will participate in the federal government’s program to guarantee the share value of money market funds. (TROW) (LM)
News On Women (Free subscription) | 16/08/2008
Calamos Asset Management Inc. appointed Cristina Wasiak Senior Vice President and Chief Financial Officer and Treasurer. Cristina, who holds an MBA from Harvard, had previously been CFO at T. Rowe Price Group. Read about it in the prnewswire press release...
The Baltimore Business Journal (Free subscription) | 12/08/2008
A T. Rowe Price Group Inc. subsidiary is offering a product designed to "ladder" certificates of deposit, providing investments in CDs that mature at different times. (TROW)
Baltimore Sun (Free subscription) | 26/07/2008
Money manager Price gains while streaky Legg Mason struggles Baltimore-based T. Rowe Price Group's plain vanilla approach to investing led it to a $162.2 million quarterly profit, while its flashier crosstown peer, Legg Mason Inc., reported a $31.3 million loss as its star fund managers continued to struggle in a bear market, the companies reported yesterday.
The Baltimore Business Journal (Free subscription) | 25/07/2008
T. Rowe Price Group Inc. continued to weather a turbulent economy, reporting flat second-quarter earnings. (TROW)
