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T. Rowe Price

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Top T. Rowe Price Articles

Displaying items 89-99
  • Shoe company trims the fat, closes stores, prepares for recovery

    About Brown Shoe Co. Inc. Ticker: BWS Exchange: NYSE What does the company do? Footwear wholesaler and retailer 2010 Financial report (Fiscal year ending in January 2011): Net sales: $2.5 billion Net income: $37 million Q. What's wrong with Brown...
  • October jobs report far better than expected

    October jobs report far better than expected
    WASHINGTON — All of a sudden, the American economy is looking very resilient — much more so than experts had thought. Despite forecasts that job growth would be sapped by the budget impasse and government shutdown, employers in the U.S....
  • GOP debt limit offer gives Wall Street its biggest gains of the year

    The stock market staged its best rally of the year as lawmakers inched toward a deal that would temporarily stave off a government debt default. The Dow Jones industrial average surged 323.09 points after congressional Republicans proposed increasing...
  • Investors wary and weary, but not panicked over debt ceiling standoff

    Investors wary and weary, but not panicked over debt ceiling standoff
    After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks. Investors clearly were...
  • T. Rowe Price continues to oppose Dell buyout offer

    T. Rowe Price continues to oppose Dell buyout offer
    With a shareholder vote just days away, T. Rowe Price, one of Dell Inc.'s major investors, reaffirmed its opposition to a $24.4 billion buyout offer for the personal computer manufacturer. "We continue to believe the proposed buyout does not reflect the...
  • Five questions for Steve C. Huber

    Five questions for Steve C. Huber
    Investors for years have poured money into bonds despite the low yields, viewing them as low-risk and reliable. The trend has been so dominant that some experts have warned of a so-called "safety bubble." But after the Federal Reserve indicated that...
  • T. Rowe Price raises safety concerns as it weighs headquarters options

    As T. Rowe Price weighs whether to remain at its Pratt Street headquarters in the heart of Baltimore, the safety of its employees is a key concern, the company's CEO said Wednesday. Employees of the Baltimore-based money manager have been harassed by...
  • T. Rowe Price's earnings rise 20 percent but stock plunges

    T. Rowe Price's earnings rise 20 percent but stock plunges
    T. Rowe Price Group reported a 20 percent increase in earnings for the second quarter Wednesday, but a decline in assets under management when investors withdrew money contributed to a sharp sell-off of the company's stock. The Baltimore-based money...
  • Commission may remove Mechanic's protected status

    Commission may remove Mechanic's protected status
    Members of the city's historical preservation commission indicated Tuesday that they favor demolishing theMorris A. Mechanic Theatre. "To me, it is obvious that the Mechanic is going to be demolished," said Larry Gibson, a member of the Planning...
  • Ex-Maine senator Olympia Snowe joins T. Rowe Price board

    Ex-Maine senator Olympia Snowe joins T. Rowe Price board
    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...
  • For juvenile detainees, 'Supper Club' brings stable connection

    For juvenile detainees, 'Supper Club' brings stable connection
    You empty your pockets of change, keys and pens, walk slowly through a metal detector and raise your arms above your head for a top-to-bottom frisking. A grim-looking security guard unlocks a metal door, then two more, closing each behind you with a...