| // 08-27-2010 |
T. Rowe Price, the global investment management company, announced that it is adding equity investment management and research capabilities in its Sydney office to enhance local coverage of Australian equities. The firm has hired Randal Jenneke, an Australian investments industry veteran, to oversee and build its local Australian equity team in the coming months with the hiring of additional analysts. T. Rowe Price has been operating an institutional sales and client service office in Sydney since 2004.
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| // 08-09-2010 |
T. Rowe Price, the global investment management company, announced that it is adding equity investment management and research capabilities in its Sydney office to enhance local coverage of Australian equities. The firm has hired Randal Jenneke, an Australian investments industry veteran, to oversee and build its local Australian equity team in the coming months with the hiring of additional analysts. T. Rowe Price has been operating an institutional sales and client service office in Sydney since 2004.
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| // 06-21-2010 |
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced that its Board of Directors has declared a quarterly dividend of $0.27 per share payable June 28, 2010 to stockholders of record as of the close of business on June 14, 2010.
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| // 06-18-2010 |
T. Rowe Price Group (NASDAQ: TROW) announced that it closed its Mid-Cap Growth and Mid-Cap Value Funds to maintain the integrity of the funds' investment strategies and to protect the interests of existing shareholders. The mutual funds will continue to accept additional investments from existing shareholders and direct rollovers from qualified retirement plans into new IRAs offered through T. Rowe Price.
|
| // 05-03-2010 |
Only 19% of Parents Grade Themselves an 'A' When it Comes to Their own Financial Comprehension
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| // 02-05-2010 |
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) reported its fourth quarter 2009 results, including net revenues of $543 million, net income of $153 million, and diluted earnings per common share of $.57. On a comparable basis, net revenues were $416 million in the fourth quarter of 2008 when net income was $24 million and diluted earnings per common share was $.09.
|
| // 01-01-2010 |
Miller, Awaiting Final U.S. Senate Approval on her Treasury Department Nomination, To Step Down After Distinguished 26-Year Career with the Firm
|
| // 12-20-2009 |
T. Rowe Price Group announced that Mike Gitlin, currently the firm's global head of trading, will succeed Mary J. Miller as director of the firm's Fixed Income Division, which manages nearly $100 billion in assets for clients. Mr. Gitlin joined T. Rowe Price in 2007 and has more than 16 years of global capital markets experience, including multi-year assignments in Hong Kong and Singapore.
|
| // 11-19-2009 |
Cooperative relationship with Indian investment management firm offers growth opportunities in the rapidly developing Indian market
BALTIMORE (November 9, 2009) – T. Rowe Price Group (NASDAQ-GS: TROW) today announced that it has entered into definitive agreements to acquire a 26% stake in UTI Asset Management Company Limited and UTI Trustee Company Pvt. Ltd. for INR 6.5 billion (approximately $138 million based on current exchange rates). The transaction is subject to receipt of requisite regulatory approvals and is expected to close in the fourth quarter of 2009.
UTI Asset Management Company (UTI) is the fourth largest asset manager in India and the country's oldest mutual fund institution. With approximately US $17.2 billion in average assets under management in October (10.1% market share of the mutual fund industry in India), UTI serves more than 9.75 million individual and institutional investor accounts in India and offers a broad array of domestic fixed-income and equity mutual fund strategies. T. Rowe Price is acquiring its stake from the existing stockholders.
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| // 11-02-2009 |
T. Rowe Price Group, Inc. (NASDAQGS:
TROW) today
reported third quarter 2009 results, including net revenues of $498.1 million, net income of
$132.9 million, and diluted earnings per common share of $.50. Net revenues in the 2008 third
quarter were $554.8 million when net income was $152.8 million and diluted earnings per
common share was $.56.
Investment
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| // 10-16-2009 |
T. Rowe Price has created a new and enhanced Web site for financial intermediaries. Available at troweprice.com/fi, the new site replaces T. Rowe Price's previous site for financial intermediaries. Its launch represents a continuation of the firm's effort to deliver more robust and streamlined resources to intermediaries.
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| // 05-22-2009 |
Interactive Experience at INNOVENTIONS and Online Virtual Board Game Offer Key Financial Lessons, Provide 'Teachable Moments' to Empower Parents to Discuss Saving and Investing Principles
BALTIMORE (May 19, 2009) – T. Rowe Price, in collaboration with Walt Disney Imagineering and Walt Disney Parks and Resorts Online, today launched The Great Piggy Bank AdventureSM—two interactive financial education and entertainment experiences that offer lessons on the key financial themes of setting goals, saving and spending smartly, staying ahead of inflation, and diversifying your assets. The Great Piggy Bank AdventureSM comes to life through a hands-on, interactive experience at INNOVENTIONS at Epcot® at the Walt Disney World® Resort in Florida, and through an online virtual board game at www.thegreatpiggybankadventure.com.
|
| // 05-11-2009 |
|
| // 04-23-2009 |
T. Rowe Price Group, Inc. (NASDAQGS:
TROW)
reported its first quarter 2009 results, including net revenues of $384.5 million, net income of
$48.2 million, and diluted earnings per share of $.19. These results include noncash
charges of
$35.6 million for the “other than temporary” impairment of certain of the firm’s investments in
sponsored mutual funds. This nonoperating
charge, after related tax benefits, reduced by $.08
what would have been diluted earnings per share of $.27 in the first quarter. Net revenues in the
first quarter of 2008 were $559.1 million when net income was $151.5 million and diluted
earnings per share was $.55.
|
| // 04-17-2009 |
At its annual meeting today, stockholders of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) reelected all nine nominees to the Board of Directors. Stockholders also ratified the reappointment of KPMG LLP as the Company's independent registered public accounting firm.
There was no discussion of first quarter 2009 earnings during the meeting; earnings will be released before the market opens on Wednesday, April 22, 2009.
|
| // 04-07-2009 |
T. Rowe Price, the global investment management organization, today announced that it has signed a sponsorship agreement to create an innovative financial education and entertainment experience at Epcot®. Designed in collaboration with Walt Disney Imagineering, The Great Piggy Bank AdventureSM is scheduled to open this spring at INNOVENTIONS at Epcot® at the Walt Disney World® Resort in Florida. This interactive exhibit will bring basic saving and investing concepts to life in a fun and captivating way. The experience will entertain and empower families, while encouraging them to engage in regular dialogue about the importance of saving and how to manage money responsibly.
|
| // 02-12-2009 |
|
| // 01-15-2009 |
New mutual fund offers globally diversified approach to fixed-income investing
|
| // 12-29-2008 |
Global Large-Cap and Global Real Estate Strategies Expand Global Investment Opportunities
|
| // 12-09-2008 |
T. Rowe Price (NASDAQ-GS: TROW) has expanded its global investment opportunities by launching the Global Large-Cap and Global Real Estate strategies. Individual and institutional investors can invest in the strategies through a retail fund and institutional strategy. Additionally, Advisor Class shares are available through financial intermediaries.
|
| // 11-27-2008 |
T. Rowe Price opened a new walk-in Investor Center in Paramus to provide a wide array of personal investment services to investors in the northern New Jersey market. The center is the third in the New York City metro area for the firm, which also has Investor Centers in Short Hills, N.J., and Garden City, N.Y.
|
| // 11-26-2008 |
T. Rowe Price (NASDAQ-GS: TROW) has expanded its global investment opportunities by launching the Global Large-Cap and Global Real Estate strategies. Individual and institutional investors can invest in the strategies through a retail fund and institutional strategy. Additionally, Advisor Class shares are available through financial intermediaries.
|
| // 11-24-2008 |
Global Investment Management Firm Offers Personal Guidance and Service From Investment Counselors
|
| // 11-03-2008 |
|
| // 10-28-2008 |
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.24 per share payable December 30, 2008 to stockholders of record as of the close of business on December 18, 2008.
|
| // 10-26-2008 |
|
| // 10-09-2008 |
T. Rowe Price Associates, Inc. and the Boards of Directors of the T. Rowe Price money market funds have decided that its eligible taxable and tax free money market funds will participate in the U.S. Treasury Department’s temporary money market fund guarantee program.
|
| // 09-30-2008 |
T. Rowe Price (NASDAQ-GS: TROW) has introduced a new retirement planning tool on its web site that enables those planning for, transitioning to, or in retirement to estimate their monthly retirement income with inflation adjustments.
|
| // 09-16-2008 |
|
| // 09-08-2008 |
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share payable September 29, 2008 to stockholders of record as of the close of business on September 15, 2008
|
| // 07-29-2008 |
|
| // 07-11-2008 |
T. Rowe Price Investor provides personal finance strategies and insights that you can continually depend on to make or validate intelligent investment decisions.
|
| // 06-16-2008 |
The Board of Directors of T. Rowe Price Group (NASDAQ-GS: TROW) today approved a 15 million share increase in the company’s authorization to repurchase its common stock. This brings the total repurchase authorization to more than 21.1 million shares.
|
| // 05-19-2008 |
Investment Firm Advocates a Blended Board
|
| // 04-11-2008 |
BALTIMORE (April 10, 2008) ?At its annual meeting today, stockholders of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) reelected all nine nominees to the Board of Directors. Stockholders also approved a charter amendment to increase the authorized shares of common stock of the company from 500,000,000 to 750,000,000, and ratified the reappointment of KPMG LLP as the Company抯 independent registered public accounting firm
|
| // 02-26-2008 |
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors declared a quarterly dividend of $0.24 per share which will be paid on March 28, 2008 to stockholders of record as of the close of business on March 14, 2008.
|
| // 01-29-2008 |
Expansion Supports Continued Growth of Firm抯 Retail and Retirement Plan Businesses
|
| // 01-16-2008 |
Global investment management firm T. Rowe Price today officially opens its second building at its Colorado Springs campus, doubling its capacity here and positioning the firm to support anticipated growth needs. Located at 2220 Briargate Parkway, T. Rowe Price’s expanded facilities include a 145,000 square foot, three-story building and an additional parking structure and will accommodate 650 associates, bringing capacity at the Colorado Springs campus to nearly 1,400 associates.
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