LATICONOMICS (Free subscription) | 24/11/2009
Fed Officials Said Low Rates May Fuel Speculation (Update3) By Craig Torres Nov. 24 (Bloomberg) -- Federal Reserve officials said record-low interest rates might fuel “excessive” speculation in financial markets and possibly dislodge expectations for low inflation, according to minutes of their meeting released today. “Members noted the possibility that some negative side effects...
Philadelphia Inquirer (Free subscription) | 15/11/2009
James S. Riepe spent 40 years wrestling investment markets as an executive at mutual fund giants T. Rowe Price Group Inc. and Vanguard Group Inc.
Boston Globe (Free subscription) | 10/11/2009
$138 million deal will add to its global presence T. Rowe Price Group has agreed to purchase a 26 percent stake in India's oldest mutual fund firm for $138 million, giving the Baltimore money manager a big presence in a growing market and expanding its global footprint.
The Telegraph India (Free subscription) | 09/11/2009
Mumbai, Nov. 9: T. Rowe Price Group Inc, the US-based fund house, today acquired a 26 per cent stake in UTI Asset Management Company (UTIAMC) for around Rs 650 crore.
Boston Globe (Free subscription) | 09/11/2009
T. Rowe Price Group has agreed to purchase a 26 percent stake in India's oldest mutual fund firm for $138 million, the Baltimore company announced Monday.
Baltimore Sun (Free subscription) | 09/11/2009
T. Rowe Price Group has agreed to purchase a 26 percent stake in India's oldest mutual fund firm for $138 million, the Baltimore company announced Monday.
Market Watch (Free subscription) | 09/11/2009
NEW YORK (MarketWatch) -- T. Rowe Price Group said Monday that it has agreed to buy a 26% stake in India's UTI Asset Management Co. Ltd. for roughly $138 million. UTI, which has about $17 billion in assets under management, is India's fourth-largest asset manager and its oldest mutual-fund institution. The firm has a 10% share of the Indian mutual-fund market. "The UTI investment reflects our...
PR News Wire (Free subscription) | 09/11/2009
BALTIMORE, Nov. 9 /PRNewswire-FirstCall/ -- T. Rowe Price Group (Nasdaq: TROW) today announced that it has entered into definitive agreements to acquire a 26% stake in UTI Asset Management Company Limited and UTI Trustee Company Pvt. Ltd. for INR 6.5 billion (approximately $138 million based on current exchange rates). The transaction is subject to receipt of requisite regulatory approvals and is expected...
The Earth Times Online Newspaper (Free subscription) | 04/11/2009
CHICAGO - Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Mome
Business Wire (Free subscription) | 04/11/2009
CHICAGO--(BUSINESS WIRE)--Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. The four highlighted picks are: Compellent Technologies, Inc. (NYSE: CML), T....
Market Wire (Free subscription) | 30/10/2009
NEW DELHI, INDIA (MARKET WIRE) Wallstsense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. Our analysts have issued complimentary analysis on the following six companies: ViroPharma Inc. (NASDAQ: VPHM), DARA BioSciences Inc. (NASDAQ: DARA), United Community Banks Inc. (NASDAQ: UCBI), T. Rowe Price Group Inc. (NASDAQ:...
Radon Mitigation Pittsburgh (Free subscription) | 27/10/2009
October 27, 2009 (FinancialWire) (Investrend Research Syndicate) ValuEngine, Inc. has upgraded T Rowe Price Group Inc (NASDAQ: TROW) to a 53 rating, the services highest. The ValuEngine Rating is an overall assessment of a stocks attractiveness. It combines the following five factors: ValuEngines proprietary valuation, risk-return tradeoff, momentum, market capitalization and ValuEngines proprietary...
Baltimore Sun (Free subscription) | 26/10/2009
T. Rowe Price Group is in talks to buy a 26 percent interest in India's UTI Asset Management Company Ltd. and an affiliate, according to documents filed with the Securities and Exchange Commission last week.
Market Watch (Free subscription) | 26/10/2009
BOSTON (MarketWatch) -- Pali Research analyst Douglas Sipkin on Monday upgraded shares of T. Rowe Price Group Inc. to neutral from sell, saying the asset manager's third-quarter earnings of 50 cents a share were well ahead of his estimate on better revenue, lower compensation and slimmer marketing costs. T. Rowe, which reported quarterly results on Friday, posted net inflows of $7.4 billion into its...
Radon Mitigation Pittsburgh (Free subscription) | 24/10/2009
( EMAILWIRE.COM , October 24, 2009 ) Dallas, TX - Amazon.com, Inc. (NASDAQ:AMZN) was one of the gainers of todays trade and rallied 26.80% or $25.04 to close at $118.49 on over 58.07 million shares after the company reported a third quarter EPS of $0.45, coming 12 cents above the EPS analyst estimate of $0.33, while revenue was $5.45 billion, which compares to the consensus of $5.03 billion. The EPS...
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