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TROW

T. Rowe Price Group, Inc.

5/20/2013, 8:02 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Tuesday, May 14, 12:00 PM Mutual funds want in on ETFs and Fidelity joins T. Rowe Price (TROW) and Franklin Resources (BEN) as the latest to get regulatory approval to launch its own series of actively-traded ETFs. The company is expected to open a line focused on various sectors of U.S. equities, but hasn't provided anything specific yet. 1 Comment
Wednesday, April 24, 7:38 AM T. Rowe Price (TROW): Q1 EPS of $0.91 beats by $0.02. Net Revenue of $815.7M misses by $1.23M. (PR) Comment! [Earnings, Breaking News, Financials]
Wednesday, April 24, 12:05 AM Notable earnings before Wednesday’s open: ABB, ABX, ASH, ATI, AVY, BA, BYD, CFR, CKSW, COR, CP, CS, CVE, DPS, EDU, ELN, EMN, ERIC, F, FDML, GD, GLW, GRA, HCBK, HES, ICON, LAD, LL, LLY, LO, MDCO, MSI, MTH, NDAQ, NOC, NS, NVS, NYCB, OC, OCR, OSIS, PG, PLD, PX, RES, ROK, S, SO, SVU, TEL, TKR, TMO, TROW, TUP, USG, VLY, VMED, WAB, WHR, WLP, WM, WYN Comment! [Earnings]
Tuesday, April 23, 5:30 PM Notable earnings before Wednesday’s open: ABB, ABX, ASH, ATI, AVY, BA, BYD, CFR, CKSW, COR, CP, CS, CVE, DPS, EDU, ELN, EMN, ERIC, F, FDML, GD, GLW, GRA, HCBK, HES, ICON, LAD, LL, LLY, LO, MDCO, MSI, MTH, NDAQ, NOC, NS, NVS, NYCB, OC, OCR, OSIS, PG, PLD, PX, RES, ROK, S, SO, SVU, TEL, TKR, TMO, TROW, TUP, USG, VLY, VMED, WAB, WHR, WLP, WM, WYN Comment! [Earnings]
Tuesday, April 23, 1:33 PM T. Rowe Price Group, Inc. (TROW) declares $0.38/share quarterly dividend, in line with previous. Forward yield 2.00%. For shareholders of record June 13. Payable June 27. Ex-div date June 11. (PR) Comment! [Dividends]
Friday, April 5, 10:33 AM T. Rowe Price (TROW -1.7%) has its Buy rating reiterated at Jefferies as the firm raises its price target on the shares to $85 from $78 on anticipation of a solid earnings season for asset managers. "Domestic equity market gains and higher flow assumptions" have led Jefferies to move their estimates "modestly higher" for the group. Comment! [Financials]
Wednesday, March 13, 4:43 PM Today's BlackRock (BLK)/Fidelity deal confirms U.S. Commodity Funds CEO John Hyland's thesis of the ETF industry moving into its "3rd era." Era #1 began with the launch of the SPY, and era #2 started with the GLD. The new era is "all about distribution" and reaching retail investors individually and via 401(k)s. For late entries into the ETF space who lack true distribution capabilities - BEN, TROW, EV - the ship may have already sailed. Comment! [Financials]
Tuesday, March 5, 12:31 PM Stock fund inflows have had a good 2013, but the 12-month totals continue to run highly negative, notes Ryan Detrick. They're minus $130B through February, marking 6 consecutive years of outflows. 3 Comments
Thursday, February 21, 3:48 PM T. Rowe Price Group, Inc. (TROW) declares $0.38/share quarterly dividend, 12% increase from prior dividend of $0.34. Forward yield 2.12%. For shareholders of record Mar. 13. Payable Mar. 27. Ex-div date Mar. 11. (PR) Comment! [Dividends]
Tuesday, February 12, 3:24 PM ETFs are likely to displace mutual funds within the next 15 years, says financial advisor Ric Edelman, preaching to the choir at IU's Inside ETFs conference. Mutual funds are a "pencil and paper" business model in a high-tech world, he says, reminding ETFs are still a very young investment vehicle, with just a 3% rate of U.S. ownership. 7 Comments [Financials]
Thursday, January 31, 3:14 PM U.S. stock mutual funds took in $6.35B in new money in the week ended Jan. 23, according to ICI, the 3rd consecutive week of inflows. A little less than half the money went into funds investing in foreign stocks. Thus far this year, about $30B has poured into stock funds. Comment! [Financials]
Tuesday, January 29, 10:53 AM More on T. Rowe Price (TROW -1.6%) Q4 earnings: AUM increased to $576.8B from $574.4B in Q3, but only thanks to market gains as a net $4.2B was withdrawn from the company's funds. The firm's stock-picking ability remains, with 74% of its funds outperforming Lipper averages in 2012. (PR) Comment! [Financials, Earnings, On the Move]
Tuesday, January 29, 7:51 AM T. Rowe Price (TROW): Q4 EPS of $0.88 in-line. Revenue of $787.3M misses by $12.11M. (PR) Comment! [Earnings, Breaking News, Financials]
Tuesday, January 29, 12:05 AM Notable earnings before Tuesday’s open: AKS, ARLP, ASH, BSX, BTU, CIT, CP, DHI, EDU, EMC, F, GLW, GNTX, HOG, HRS, HW, IP, ITW, JBLU, KLIC, LLY, LXK, NEE, NUE, PFE, PHG, PII, PNR, TROW, TUP, TYC, VLO, WRB, X Comment! [Earnings]
Monday, January 28, 5:30 PM Notable earnings before Tuesday’s open: AKS, ARLP, ASH, BSX, BTU, CIT, CP, DHI, EDU, EMC, F, GLW, GNTX, HOG, HRS, HW, IP, ITW, JBLU, KLIC, LLY, LXK, NEE, NUE, PFE, PHG, PII, PNR, TROW, TUP, TYC, VLO, WRB, X Comment! [Earnings]
Sunday, January 27, 9:18 AM The money management business inspires a lively exchange at the Barron's Roundtable, with Brian Rogers' liking of Legg Mason (LM) as either a value or takeover play getting the thumbs up from Mario Gabelli, but a razzing from Bill Gross who says the stock-picking industry is in secular decline thanks to ETFs. Gabelli to Gross: "If you want to preach in favor of mindless investing, we don't have to stand by." 39 Comments [Financials, Quick Ideas]