|Last Price$78.61||Day Change (%)-1.14%|
|Open Price$79.66||Day Change ($)-0.91|
|Day Range78.54–79.96||52-Week Range63.56–81.62|
As of Wed 12/11/2013 04:30 PM EST | USD
T . Rowe Price Group Adds Mark Bartlett As Independent Director
The U.S. stock rally that has extended over the past year is due for a correction of more than 5%, warned investment strategists at T . Rowe Price Group Inc . That doesn't mean it's a time for advisers to stick their heads in the sand, but to proceed with caution.
T . Rowe Price Group Inc ., the asset manager that posted a profit every quarter since going public in 1986, reported first-quarter revenue that missed analysts' estimates as institutional clients pulled money.
The T . Rowe Price Group has agreed to sell its banking unit to the investor Jacob Safra.
T . Rowe Price Group Inc ., the asset manager that has posted a profit every quarter since going public in 1986, said fourth-quarter earnings rose 23 percent as stock markets gained boosted assets and the fees they generate.
Today's Breakfast with Benjamin: T . Rowe Price warns of correction, Deutsche Bank bans chat rooms, the first-ever hedge fund ad debuts, big banks sweating over the looming Volcker rule, and EU Commission levies heavy fine for rate rigging.
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