T. Rowe Price Group Incorporated

T. Rowe Price Group Inc., the Baltimore-based money manager of $345 billion, opened two worldwide stock funds for U.S. investors. Global Large-Cap Fund and Global Real Estate Fund each will invest at least 40 percent of their money outside the U.S., T....

Baltimore's T. Rowe Price Group said this morning that its third-quarter profit dropped nearly 13 percent to $152.8 million, or 56 cents per diluted share, from $174.8 million, or 63 cents per diluted share, in the year-ago period. The money manager said...

With next week's slots vote coming at a time of economic upheaval, state leaders are acknowledging that they might have to sweeten incentives for gambling companies to attract quality developers. MGM Mirage, one of the biggest brands in the casino...

Baltimore's T. Rowe Price Group saw its quarterly profit drop for the first time in five years as continued market volatility hurt the value of its assets and clients pulled back on making new investments. The money manager, which analysts said still...

First, it was the banks. Now the Federal Reserve has come to the aid of money-market funds as the government seeks to break the credit logjam that threatens the global economy. A week after the government announced it would spend $250 billion to buy...

First, it was the banks. Now the Federal Reserve has come to the aid of money market funds as the government seeks to break the credit logjam that threatens the global economy. A week after the government announced it would spend $250 billion to buy...

Stocks rallied yesterday to a huge comeback after suffering their worst week ever. The Dow Jones industrial average climbed 936 points - the biggest one-day gain in its 112-year history - as several countries took concerted steps to ease the financial...

As U.S. financial markets imploded and credit dried up in recent weeks, there seemed to be a haven abroad. But with financial turmoil spreading beyond America's borders, businesses and investors are likely to face daunting challenges as they tap into...

Shares of Baltimore's Legg Mason Inc. suffered the largest one-day percentage drop in its history as a public company yesterday and plunged to their lowest price in almost 10 years. Legg's shares fell nearly 25 percent, or $6.25, to $19 in a broad market...

Reminiscent of dot-com buyouts of another era, Timonium-based Bill Me Later agreed yesterday to be sold to auction giant eBay for $945 million - amply rewarding its founders, investors and 300 employees for building the technology start-up into a major...

Baltimore's T. Rowe Price Group will participate in a temporary federal guarantee program to prop up the $3.4 trillion money market fund industry. Price joins Legg Mason Inc., Fidelity Investments and Vanguard Group Inc. among others in applying for the...

Imagine you're a business student and you've been eyeing career prospects on Wall Street. But then the financial turmoil gets worse and events of the past few weeks - the bankruptcy of Lehman Brothers and the sale of Merrill Lynch, Washington Mutual and...