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T. Rowe Price

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Top T. Rowe Price Articles

Displaying items 111-121
  • Industry experts suggest what Legg Mason's new CEO must do

    Industry experts suggest what Legg Mason's new CEO must do
    After more than four months without a permanent leader, Legg Mason Inc.'s search for a new CEO might finally be near the end. It probably can't come soon enough for employees and investors who have lived through months of uncertainty. "The longer it...
  • 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...
  • U.S. stocks end higher despite negative news much of year

    U.S. stocks end higher despite negative news much of year
    Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors U.S. stocks rallied Monday in the last hours of trading...
  • 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...
  • Price's Brian Rogers throws his support behind Jamie Dimon

    Price's Brian Rogers throws his support behind Jamie Dimon
    Brian Rogers, manager of the T. Rowe Price Equity Income Fund in Baltimore, won't be voting the fund's shares in support of splitting the role of CEO and chairman at JPMorgan Chase & Co. Jamie Dimon has been CEO at JP Morgan since 2005 and became...
  • Morton 'Jerry' Baum, education fund director

    Morton 'Jerry' Baum, education fund director
    Morton "Jerry" Baum, founder and executive director of the Fund for Educational Excellence and a retired clothing manufacturing executive who was a tireless champion of city public schools, died May 5 from complications of Parkinson's disease at his...
  • How to make Md.'s taxes more competitive

    In his remarks to the Greater Baltimore Committee's annual meeting Wednesday night, T. Rowe Price Chairman Brian C. Rogers noted a contradiction in how the world sees Maryland as a place to do business. On the one hand, it is universally recognized for...