| Mar 18, 2013
| 2:30 AM
Only six bond funds make a list of the 100 mutual funds with the most assets in 401(k) plans. Two are index funds: Fidelity Spartan U.S. Bond Index (symbol FBIDX) and Vanguard Total Bond Market Index (VBMFX). Two more are designed to protect investors...
| Mar 8, 2013
| 4:30 PM
The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline.
When no deal was...
| Feb 18, 2013
| 2:30 AM
Price's collaborative and collegial investing culture, combined with moderate fees, explains why so many of its more than 100 mutual funds top the charts. These seven are especially noteworthy.
-- Blue Chip Growth (symbol TRBCX). Since the fund's 1993...
| Feb 20, 2013
| 1:56 PM
William Deal Waxter III, a retired securities analyst and World War II veteran, died of a stroke Feb. 11 at Broadmead Retirement Community. The former Roland Park resident was 88.
Born in Baltimore and raised on Lombardy Place, he spent his summers at...
| Feb 22, 2013
| 6:52 PM
When Laura Neuman heard that an Annapolis salad dressing maker was planning to move his business out of state, she arranged to meet with him.
Neuman listened to Greg Vetter's story and made some calls.
"She just said, 'Dude, you are NOT leaving...
| Feb 21, 2013
| 4:34 PM
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...
| Jun 20, 2013
| 2:39 PM
Olympia J. Snowe, the former Republican senator from Maine, has joined T. Rowe Price Group's board of directors, the Baltimore-based money manager announced Thursday.
Snowe served in the House of Representatives from 1979 to 1995, when she started...
| Jun 7, 2013
| 7:38 PM
Dear Liz: My husband and I have been putting 5% and 6%, respectively, into our 401(k) accounts to get our full company matches. We're also maxing out our Roth IRAs.
The CPA who does our taxes recommended that we put more money into our 401(k)s even if...
| Feb 13, 2013
| 4:06 PM
Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might be headed for a breakup that could have been bad news for the city.
After a worldwide search for a new leader, Legg announced Wednesday...
| Feb 14, 2013
| 5:18 PM
The manager of one of T. Rowe Price's top funds and two analysts have resigned, effective Friday.
Kris H. Jenner, 51, has managed the T. Rowe Price Health Sciences Fund since 2000. The fund, with $5 billion in assets, gained nearly 32 percent last year....
| Jan 29, 2013
| 3:30 PM
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...