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	<title>Stock Blog Hub &#187; T. Rowe Price Group</title>
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		<title>(ABV) Company News for December 15, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/12/15/abv-company-news-for-december-15-2010-corporate-summary/62404</link>
		<comments>http://www.stockbloghub.com/2010/12/15/abv-company-news-for-december-15-2010-corporate-summary/62404#comments</comments>
		<pubDate>Wed, 15 Dec 2010 21:04:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Brewers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[ABV]]></category>
		<category><![CDATA[ACL]]></category>
		<category><![CDATA[Agrium Inc.]]></category>
		<category><![CDATA[AGU]]></category>
		<category><![CDATA[Alcon Inc]]></category>
		<category><![CDATA[Companhia de Bebidas Das Americas (AMBEV)]]></category>
		<category><![CDATA[DYN]]></category>
		<category><![CDATA[Dynegy Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Icahn Enterprises L.P.]]></category>
		<category><![CDATA[IEP]]></category>
		<category><![CDATA[Joy Global]]></category>
		<category><![CDATA[JOYG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Novartis AG]]></category>
		<category><![CDATA[NVS]]></category>
		<category><![CDATA[R]]></category>
		<category><![CDATA[Ryder System]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=62404</guid>
		<description><![CDATA[• Joy Global (NASDAQ:JOYG) reported fiscal fourth quarter earnings of $1.39, ahead of the Zacks Consensus Estimate of $1.16, on revenues of $1.05 billion that topped the Zacks Consensus Estimate of $925.0 million. The firm provided upside 2011 guidance of $5.00-$5.30, above the Zacks Consensus Estimate of $4.17 • Novartis (NYSE:NVS) plans to accuire 22% of Alcon (NYSE:ACL), for $168 per share, or $12.9 billion • Agrium (NYSE:AGU) will sell their majority interest in AWB Ltd to Cargill for $870 million • Icahn Enterprises (NYSE:IEP) plans to buy Dynegy (NYSE:DYN) for $5.50 per share, or $665.0 million • Goldman Sachs (NYSE:GS) initiated coverage on T. Rowe Price (NASDAQ:TROW) from &#8220;neutral&#8221; rating to placing the company on its Conviction Buy list, upgrading  price target from $55 to $80 • JP Morgan (NYSE:JPM) upgraded AmBev (NYSE:ABV) from &#8220;neutral&#8221; ]]></description>
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		<title>(BLK) Company News for October 11, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/10/12/blk-company-news-for-october-11-2010-corporate-summary/54710</link>
		<comments>http://www.stockbloghub.com/2010/10/12/blk-company-news-for-october-11-2010-corporate-summary/54710#comments</comments>
		<pubDate>Tue, 12 Oct 2010 16:52:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[BRCM]]></category>
		<category><![CDATA[Broadcom Corporation]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[McMoRan Exploration Company]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MMR]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[Tesco Corporation]]></category>
		<category><![CDATA[TESO]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54710</guid>
		<description><![CDATA[• Microsoft (NASDAQ:MSFT) will unveil its Windows Phone 7 at a NY press event, initially thought to be offered on AT&#38;T&#8217;s (NYSE:T) network • Reports say Google (NASDAQ:GOOG) is testing its driverless car • China&#8217;s CNOOC (NYSE:CEO) is undertaking its first US deal since 2005, with an offer of up to $2.16 billion for a stake in Chesapeake Energy&#8217;s (NYSE:CHK) Eagle Ford Shale holdings in Texas • Deutsche Bank (NYSE:DB) upgraded EMC (NYSE:EMC) from &#8220;hold&#8221; to &#8220;buy,&#8221; taking the price target from $20 to $25 • Deutsche Bank (NYSE:DB) upgraded BlackRock (NYSE:BLK) from &#8220;hold&#8221; to &#8220;buy,&#8221; with a price target of $195. However, Deutsche Bank downgraded T. Rowe Price (NASDAQ:TROW) from &#8220;buy&#8221; to &#8220;hold&#8221; • FBR maintained an &#8220;outperform&#8221; rating on Tesco (NASDAQ:TESO), with a price target of $17 • Goldman Sachs (NYSE:GS) added Broadcom (NASDAQ:BRCM) to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/12/blk-company-news-for-october-11-2010-corporate-summary/54710/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(TROW) Congressional Budget Office Reports on Deficits, Budget</title>
		<link>http://www.stockbloghub.com/2010/08/22/trow-congressional-budget-office-reports-on-deficits-budget/48689</link>
		<comments>http://www.stockbloghub.com/2010/08/22/trow-congressional-budget-office-reports-on-deficits-budget/48689#comments</comments>
		<pubDate>Mon, 23 Aug 2010 04:25:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48689</guid>
		<description><![CDATA[The Congressional Budget Office projects that the budget deficit will total $1.342 trillion in fiscal 2010 (which is a pretty firm projection since the year ends on September 30th). That is $71 billion less than fiscal 2009, and $27 billion lower than what it projected last time it did the numbers in March. For 2011 and beyond, the CBO is required by law to assume that current law remains in place, which means that all of the tax cuts of 2001 and 2003 expire on schedule. That is unlikely to happen, as the current political fight is if we should extend all of the tax cuts, or just the tax cuts that impact 97% of all people. If all the tax cuts were to expire, we would see a dramatic decline ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/22/trow-congressional-budget-office-reports-on-deficits-budget/48689/feed</wfw:commentRss>
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		<item>
		<title>(MSFT) Company News for July 23, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/07/24/msft-company-news-for-july-23-2010-corporate-summary/44435</link>
		<comments>http://www.stockbloghub.com/2010/07/24/msft-company-news-for-july-23-2010-corporate-summary/44435#comments</comments>
		<pubDate>Sun, 25 Jul 2010 06:01:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Application Software]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[E*TRADE Financial Corporation]]></category>
		<category><![CDATA[ETFC]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[Ingersoll-Rand Company Limited]]></category>
		<category><![CDATA[IR]]></category>
		<category><![CDATA[Kimberly-Clark Corporation]]></category>
		<category><![CDATA[KMB]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MOS]]></category>
		<category><![CDATA[Mosaic Company]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[NCR]]></category>
		<category><![CDATA[NCR Corporation]]></category>
		<category><![CDATA[SanDisk Corporation]]></category>
		<category><![CDATA[SNDK]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44435</guid>
		<description><![CDATA[• Microsoft (NASDAQ:MSFT) posted fiscal fourth quarter earnings of 51 cents compared with Zacks estimate of 47 cents. Revenues were up 22.5% year over year to $16 billion compared with Zacks estimate of $15.3 billion • SanDisk (NASDAQ:SNDK) posted second quarter earnings of 18 cents, on revenues that moved up 61.5% from the year-ago period to $1.2 billion compared with equivalent Zacks estimate • NCR (NYSE:NCR) reported second quarter earnings of 35 cents compared with Zacks estimate of 31 cents; on revenues of $1.2 billion, up 4.7% from a year ago, compared with Zacks estimate of the same amount • Mosaic (NYSE:MOS) posted earnings of 89 cents with a 16.7% growth in revenues to $1.9 billion • E*Trade (NASDAQ:ETFC) earnings for the second quarter came in at 12 cents, on revenues of $534 million which ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/24/msft-company-news-for-july-23-2010-corporate-summary/44435/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) T. Rowe Price Group&#8217;s Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2010/05/23/trow-t-rowe-price-groups-earnings-scorecard/37595</link>
		<comments>http://www.stockbloghub.com/2010/05/23/trow-t-rowe-price-groups-earnings-scorecard/37595#comments</comments>
		<pubDate>Mon, 24 May 2010 04:27:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37595</guid>
		<description><![CDATA[T. Rowe Price Group Inc. (TROW) reported first quarter 2010 results on April 23, which fell short of the Zacks Consensus Estimate by 1 cent. However, results came in significantly above the prior-year quarter, driven by top-line growth and increased assets under management (AUM). Nevertheless, following the earnings announcement, the response from analysts covering T. Rowe Price has been mixed. While some of the analysts made upward revisions on the back of the company’s strong fundamentals with a debt-free position and higher return on earnings, others have revised downward, as higher compensation costs and continued layoffs suggest lower optimism about the near-term growth prospects. Additionally, the relative mutual fund performance remains a cause for concern. First Quarter Highlights Though T. Rowe Price’s first quarter 2010 earnings of 57 cents per ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CNX) CONSOL Energy Buys CNX Gas Corporation Stakes</title>
		<link>http://www.stockbloghub.com/2010/03/25/cnx-consol-energy-buys-cnx-gas-corporation-stakes/31588</link>
		<comments>http://www.stockbloghub.com/2010/03/25/cnx-consol-energy-buys-cnx-gas-corporation-stakes/31588#comments</comments>
		<pubDate>Thu, 25 Mar 2010 21:53:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[CNX]]></category>
		<category><![CDATA[CNX Gas Corporation]]></category>
		<category><![CDATA[CONSOL Energy Inc]]></category>
		<category><![CDATA[CXG]]></category>
		<category><![CDATA[D]]></category>
		<category><![CDATA[Dominion Resources Inc.]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31588</guid>
		<description><![CDATA[Coal and natural gas company, CONSOL Energy Inc. (CNX), has entered into an agreement to buy 9.5 million shares of CNX Gas Corporation (CXG) from stockholders represented by T. Rowe Price Associates (TROW). CONSOL Energy currently owns 83.3% of CNX Gas’ 151 million outstanding shares. The coal and natural gas company has agreed to pay $38.25 per share for the remaining 9.5 million CNX shares, representing roughly 37% of the stake. Under the agreement, CONSOL Energy has agreed to commence a tender offer for the remaining outstanding shares of CNX Gas it does not own by May 5, 2010. The contemplated tender offer price of $38.25 per share represents a 24% premium from the closing price of CNX Gas on March 19, 2010. In all, CONSOL will pay about $363 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/cnx-consol-energy-buys-cnx-gas-corporation-stakes/31588/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) T. Rowe Price Group to Buy a Stake in China&#8217;s Largest Fund Management Firm</title>
		<link>http://www.stockbloghub.com/2010/03/18/trow-t-rowe-price-group-to-buy-a-stake-in-chinas-largest-fund-management-firm/30720</link>
		<comments>http://www.stockbloghub.com/2010/03/18/trow-t-rowe-price-group-to-buy-a-stake-in-chinas-largest-fund-management-firm/30720#comments</comments>
		<pubDate>Thu, 18 Mar 2010 19:23:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30720</guid>
		<description><![CDATA[Investment firm T. Rowe Price Group Inc. (TROW) is in advanced talks to buy a stake in Asset Management Co. (“China AMC&#8221;) from its holding company Citic Securities. Citic Securities, which is aggressively seeking licenses for margin trading and short selling, has orders from the regulators to reduce its ownership in China AMC to 49% or below. Currently, it owns 100% of China AMC. To comply with regulators, Citic Securities must sell majority ownership of China AMC. The deal will be valued at approximately ¥9 billion ($1.32 billion). China AMC is China&#8217;s biggest fund management firm. It manages more than ¥260 billion ($38 billion) and is a big contributor to Citic Securities&#8217; revenue. Citic Securities is also considering selling a percentage of wholly-owned subsidiary, China Securities Co. T. Rowe Price ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/trow-t-rowe-price-group-to-buy-a-stake-in-chinas-largest-fund-management-firm/30720/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(TROW) T. Rowe Price Group Explores Asia &#8211; Taiwan Next</title>
		<link>http://www.stockbloghub.com/2010/02/25/trow-t-rowe-price-group-explores-asia-taiwan-next/29049</link>
		<comments>http://www.stockbloghub.com/2010/02/25/trow-t-rowe-price-group-explores-asia-taiwan-next/29049#comments</comments>
		<pubDate>Thu, 25 Feb 2010 23:21:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29049</guid>
		<description><![CDATA[Consolidating its base in Asia, T. Rowe Price Group Inc. (TROW) is all set to hit Taiwan’s retail markets by launching four equity funds through an electronic fund trading platform of Marbo Group, a Taiwanese corporation, Reuters reported on Wednesday. In order to sell to retail investors in Taiwan, foreign firms need to tie up with a local agent, known as a Securities Investment Consulting Enterprise. For the initial phase, T. Rowe sought approval for four equity funds, namely, an Asian ex-Japan fund, a US smaller companies fund, a US large-cap value fund and a global natural resources fund. Additionally, the company also intends to hire about 25 professionals in an attempt to ramp up its Asian presence. T. Rowe is mapping its business platform in Asia by penetrating the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) T. Rowe Price Group Price Results Improve</title>
		<link>http://www.stockbloghub.com/2010/01/30/trow-t-rowe-price-group-price-results-improve/26396</link>
		<comments>http://www.stockbloghub.com/2010/01/30/trow-t-rowe-price-group-price-results-improve/26396#comments</comments>
		<pubDate>Sat, 30 Jan 2010 21:12:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26396</guid>
		<description><![CDATA[T. Rowe Price Group, Inc.’s (TROW) fourth quarter 2009 earnings of 57 cents per share came in ahead of the Zacks Consensus Estimate of 55 cents due to higher-than-expected top-line growth and higher assets under management (AUM). Earnings per share were drastically up from 9 cents in the prior-year quarter. Net income applicable to common shareholders increased sevenfold to $152.5 million from $24.3 million in the fourth quarter of 2008. Net revenue increased 30.5% to $542.6 million from $415.9 million in the year-ago period and 8.9% from $498.1 million in the sequential quarter. The leap was primarily due to an increase in investment advisory fees that soared 40.0% year-over-year to $461.7 million. However, administrative fees declined 6.3% year-over-year to $80.1 million. Investment advisory revenues earned from the T. Rowe Price ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) T. Rowe Price Group Buys 26% of Unit Trust of India Asset Management Company Ltd</title>
		<link>http://www.stockbloghub.com/2010/01/25/trow-t-rowe-price-group-buys-26-of-unit-trust-of-india-asset-management-company-ltd/25903</link>
		<comments>http://www.stockbloghub.com/2010/01/25/trow-t-rowe-price-group-buys-26-of-unit-trust-of-india-asset-management-company-ltd/25903#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:48:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25903</guid>
		<description><![CDATA[On Jan 20, T. Rowe Price Group Inc. (TROW) announced the purchase of the 26% share of the Unit Trust of India Asset Management Company Ltd. (UTI AMC) and UTI Trustee Company Pvt. Ltd., for INR 6.5 billion or US$142.4 million. The deal was being mulled over by the management since Nov, 2009. The transaction was sealed post the Securities Exchange Board of India (SEBI) approval in India. As a part of the deal, State Bank of India, Life Insurance Corporation of India, Punjab National Bank and Bank of Baroda has divested 6.5% each in T. Rowe Price. Subsequent to the sale, these four sponsors will retain 18.5% each in India’s fourth-largest mutual fund company. T. Rowe Price appointed ICICI Securities Ltd., a division of ICICI Bank Ltd. (IBN), for ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>($TROW) T. Rowe Price Group &#8211; Strong Momentum and Solid Quarterly Results</title>
		<link>http://www.stockbloghub.com/2009/12/29/trow-t-rowe-price-group-strong-momentum-and-solid-quarterly-results/23804</link>
		<comments>http://www.stockbloghub.com/2009/12/29/trow-t-rowe-price-group-strong-momentum-and-solid-quarterly-results/23804#comments</comments>
		<pubDate>Tue, 29 Dec 2009 19:29:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23804</guid>
		<description><![CDATA[T. Rowe Price Group, Inc. (TROW) continues to outperform the market on strong fundamentals that include a return on equity (ROE) of 12.7% and a net profit margin of 17.5%. Company Description T. Rowe Price Group, Inc. is a global investment management organization that provides a broad array of mutual funds, subadvisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries. The company offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price&#8217;s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. Recent Upgrades T. Rowe Price has been the subject of brokerage upgrades, most recently from Stifel Nicolaus. Previously, the asset manager saw upgrades from Deutsche Bank and A Jefferies &#38; Co. Strong Momentum and Solid Quarterly ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/29/trow-t-rowe-price-group-strong-momentum-and-solid-quarterly-results/23804/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(TROW) T. Rowe Price Group &#8211; Shares Jump on Third Quarter Results</title>
		<link>http://www.stockbloghub.com/2009/12/03/trow-t-rowe-price-group-shares-jump-on-third-quarter-results-2/21823</link>
		<comments>http://www.stockbloghub.com/2009/12/03/trow-t-rowe-price-group-shares-jump-on-third-quarter-results-2/21823#comments</comments>
		<pubDate>Thu, 03 Dec 2009 23:01:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21823</guid>
		<description><![CDATA[T. Rowe Price Group, Inc. (TROW) is outperforming the market on a rising Zacks Consensus Estimate. The company recently announced that it will buy a stake in Indian asset manager and mutual fund company UTI Asset Management. Company Description T. Rowe Price Group, Inc. is a global investment management organization that provides a broad array of mutual funds, subadvisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries. The company offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price&#8217;s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. Recent Acquisition The company recently announced that it will buy a 26% stake in UTI Asset Management Company Limited and UTI Trustee Company Pvt. Ltd. for approximately $138 million ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/03/trow-t-rowe-price-group-shares-jump-on-third-quarter-results-2/21823/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(TROW) T. Rowe Price Group &#8211; Shares Jump on Third Quarter Results</title>
		<link>http://www.stockbloghub.com/2009/11/04/trow-t-rowe-price-group-shares-jump-on-third-quarter-results/19604</link>
		<comments>http://www.stockbloghub.com/2009/11/04/trow-t-rowe-price-group-shares-jump-on-third-quarter-results/19604#comments</comments>
		<pubDate>Wed, 04 Nov 2009 23:57:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19604</guid>
		<description><![CDATA[T. Rowe Price Group, Inc. (TROW) saw a nice spike after announcing third-quarter results. Earnings per share of 50 cents were below last year&#8217;s 56 cents but topped the Zacks Consensus Estimate by 9%. The company also reported a 16% increase in assets under management, totaling $366.2 billion. Company Description T. Rowe Price Group, Inc. is a global investment management organization that provides a broad array of mutual funds, subadvisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries. The company offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price&#8217;s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. Shares Jump on Third Quarter Results T. Rowe Price saw a nice spike after announcing third-quarter results. Earnings ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/04/trow-t-rowe-price-group-shares-jump-on-third-quarter-results/19604/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) T. Rowe Price Benefits from Higher Assets Under Management</title>
		<link>http://www.stockbloghub.com/2009/10/27/trow-t-rowe-price-benefits-from-higher-assets-under-management/18721</link>
		<comments>http://www.stockbloghub.com/2009/10/27/trow-t-rowe-price-benefits-from-higher-assets-under-management/18721#comments</comments>
		<pubDate>Tue, 27 Oct 2009 18:04:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18721</guid>
		<description><![CDATA[T. Rowe Price (TROW) reported third quarter 2009 net income, applicable to common shareholders, of $132.4 million or 50 cents per share compared to a net income of $152.4 million or 56 cents per share in the prior-year quarter. Results were ahead of the Zacks Consensus Estimate of 46 cents due to lower-than-expected operating expenses and higher assets under management. Revenue, however, fell 10.2% to $498.1 million from $554.8 million in the year ago period. The slide was primarily due to a 10.4% decline in investment advisory fees. Total operating expenses decreased 8.0% year-over-year to $290.8 million. The decline was primarily attributable to decreased compensation and related costs (down 6.9% year-over-year) resulting from reductions in average headcount, employee benefits costs and other employment expenses. At the end of Sep 30, ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(BLK) BlackRock Gives “Ups” to the Dollar</title>
		<link>http://www.stockbloghub.com/2009/09/18/blk-blackrock-gives-%e2%80%9cups%e2%80%9d-to-the-dollar/15590</link>
		<comments>http://www.stockbloghub.com/2009/09/18/blk-blackrock-gives-%e2%80%9cups%e2%80%9d-to-the-dollar/15590#comments</comments>
		<pubDate>Fri, 18 Sep 2009 17:24:40 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[T. Rowe Price Group]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15590</guid>
		<description><![CDATA[For those investors struggling to decide what currency to park their money in, or Americans concerned over the value of our dollar, the recent comments made by BlackRock (NYSE: BLK) should put them at ease. Lawrence Fink, Chairman and CEO of Blackrock stated that they believe the U.S. dollar to be the best long-term currency to protect wealth. Coming from BlackRock, that’s a strong endorsement. Relatively unknown prior to the financial crisis, BlackRock advised a substantial group of “A-listers” on what to do during the collapse. The result is that BlackRock now counts itself as having the largest amount of funds under management. That’s $1.307 trillion. Asset manager behemoths like T. Rowe Price (Nasdaq: TROW), Franklin Resources (NYSE: BEN) and Morgan Stanley (NYSE: MS) must have been stunned to see ]]></description>
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		<slash:comments>0</slash:comments>
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