T. Rowe Price Group Inc.’s third-quarter profit rose 19 percent as the U.S. stock market continued to boom, leading to higher inflows of client assets and more investment advisory revenue. T. Rowe Price reported net income of $390.9 million, or $1.56 per share, for the quarter ending Sept. 30. In the same quarter a year ago, the Baltimore-based money manager had earnings of $327.8 million, or $1.28 per share. Net revenue for the quarter was $1.22 billion, up 11.8 percent compared to $1.09 billion…
from https://www.bizjournals.com/baltimore/news/2017/10/26/t-rowe-price-profit-rises-19-percent-on-stock.html?ana=RSS%26s=article_search
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