A strong stock market in the second quarter boosted T. Rowe Price Group Inc.’s financials, giving the Baltimore investment firm higher profits, revenue and assets under management. T. Rowe reported net income of $373.9 million, or $1.50 per share, for the quarter ended June 30. That’s compared to net income of $203.3 million, or 79 cents per share, in the year-ago quarter. The 2016 results included a nonrecurring operating charge of $166.2 million related to T. Rowe’s settlement over a proxy error…
from https://www.bizjournals.com/baltimore/news/2017/07/25/t-rowe-prices-strong-second-quarter-boosted-by.html?ana=RSS%26s=article_search
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