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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...
Tags: Credit Ratings, Quarterly or Semiannual Financial Statements, Finance, Mutual Funds, T. Rowe Price Group Incorporated
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Sullivan named Legg Mason CEO and president
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...
Tags: Companies and Corporations, Politics, Morningstar Incorporated, Prices, Finance
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Ask Kim: What's happened to charitable donations from IRAs?
Kiplinger's Money PowerQ. Did Congress end up extending the law permitting tax-free transfers from IRAs to charity for 2012? A. Yes! After the last minute, Congress passed a law that allows people over age 70 1/2 to make such tax-free donations to charity for 2012 and 2013....Tags: Social Issues, Politics, Justice System, Crime, Law and Justice, Judges
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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...
Tags: Morningstar Incorporated, Bill Miller, Finance, Legg Mason, Inc., Economy, Business and Finance
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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-...
Tags: Newspaper and Magazine, Prices, Media Industry, Science and Technology, Bankruptcy
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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...
Tags: Sports, Canoeing and Kayaking, Groupon, Inc.
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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...
Tags: Baltimore County, T. Rowe Price Group Incorporated, Science and Technology
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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...Tags: Choice Hotels International Inc., Politics, Jos. A. Bank Clothiers Inc., Coventry Health Care Inc., Barack Obama
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T. Rowe Price to issue special dividend
Baltimore-based T. Rowe Price announced Thursday it will pay a special cash dividend before the end of the year, joining other companies that are declaring extra dividends in case taxes go up in 2013. Price will pay $1 per share on Dec. 28th to...Tags: Personal Income, U.S. Congress
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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...
Tags: Morningstar Incorporated, New Products, Research, Finance, Mutual Funds
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MarksJarvis: Economic news takes back seat to 'fiscal cliff'
If you were too busy to watch the stock market each day during the last week, you are fortunate. The week ended on an up note, but you might not have expected such a conclusion if you'd been focused on the politically induced spasms throughout the week....Tags: Economic Indicator, Democratic Party, John Boehner, Barack Obama, Macy's
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Saving for retirement possible prior to a job
Q: I'm 24, married with a child and in medical school. Thanks to my wonderful parents I will graduate with no debt. I'd like to start saving for retirement now. I don't have a job, so I can't use a 401(k) or Roth IRA. Is there another account I could...
Tags: Walmart, Finance, Retirement, Internal Revenue Service, Career and Workplace
Jan 29, 2013
|Story| Baltimore Sun
Feb 13, 2013
|Story| Baltimore Sun
Jan 24, 2013
|Story| Tribune Media Services
Jan 17, 2013
|Story| Baltimore Sun
Jan 12, 2013
|Story| Baltimore Sun
Dec 11, 2012
|Story| Baltimore Sun
Jan 3, 2013
|Story| Baltimore Sun
Jan 1, 2013
|Story| Baltimore Sun
Dec 7, 2012
|Story| Baltimore Sun
Jan 14, 2013
|Story| Baltimore Sun
Dec 2, 2012
|Column| Chicago Tribune
Nov 30, 2012
|Column| Chicago Tribune
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