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T. Rowe Price

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Top T. Rowe Price Articles

Displaying items 111-121
  • T. Rowe Price announces new series of target-date retirement funds

    T. Rowe Price announces new series of target-date retirement funds
    T. Rowe Price plans to launch a new series of 11 target-date retirement funds later this summer, the Baltimore-based money manager said Wednesday. Target date funds automatically become more conservative as investors age. Price began offering such funds...
  • Doubts face a new proposal for prominent downtown parcel

    Doubts face a new proposal for prominent downtown parcel
    Developer J. Joseph Clarke has come up with a half-dozen ideas over the past 20 years — a hotel, corporate headquarters, residences, office space — for a prominent downtown site three blocks from the Inner Harbor. But none took hold. He...
  • T. Rowe Price, Legg Mason offering up ultrashort-term bond funds

    T. Rowe Price, Legg Mason offering up ultrashort-term bond funds
    Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...
  • T. Rowe Price sees unusual turnover in portfolio managers

    T. Rowe Price sees unusual turnover in portfolio managers
    T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But over 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so. Two left suddenly, with a star...
  • T. Rowe Price reports 23 percent increase in earnings in 4th quarter

    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...
  • Storied Legg Mason unit to merge into New York sister subsidiary

    Storied Legg Mason unit to merge into New York sister subsidiary
    Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York. Capital Management rose to fame under star...
  • Part one: Zell's big gamble

    Part one: Zell's big gamble
    Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
  • T. Rowe Price, Legg Mason get approval to launch active ETFs

    T. Rowe Price, Legg Mason get approval to launch active ETFs
    Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs up from regulators. The Securities and Exchange Commission approved Price's application earlier this month to be...
  • UMBC President Freeman A. Hrabowski III joins T. Rowe Price board

    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...
  • T. Rowe Price substantially reduces its stake in Groupon

    T. Rowe Price substantially reduces its stake in Groupon
    T. Rowe Price had reduced its stake in daily deal website Groupon, while increasing its ownership in Kayak Software Corp., the travel comparison site, according to filings with the Securities and Exchange Commission. The Baltimore-based investment...
  • Baltimore's new downtown

    Baltimore's new downtown
    Harbor East is moving farther east with baker-cum-developer John Paterakis Sr.'s announcement Friday that he will break ground this summer on a new, mega-Whole Foods and later on a new residential/retail building across Central Avenue from the...