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BUSINESS BRIEFS.(TO THE POINT)
STEEL
Benefit costs weigh on U.S. Steel
The steel maker reported a 4-cent loss in Q4 ex items vs. a 42-cent profit last year and a 37-cent loss expected. It blamed higher employee benefit costs for the loss. But revenue rose 41% to $2.68 bil, and it said demand and pricing for steel looks good; its Q1 domestic order book for sheet products is sold out, said its CEO. Shares rose 4%.
Anadarko misses, lowers outlook
The oil and gas company earned $1.17 a share ex item in Q4, down 5% from a year ago and a penny short of estimates. Revenue rose 15% to $1.28 bil, thanks to higher gas and natural-gas liquid sales. But sales were offset by a 26% increase in operating expenses. Anadarko cut its '04 forecast for oil and gas production growth to a 1%-4% range. Shares rose 2%.
MARKETS
NYSE CEO favors electronic trades
- T. Rowe Price to acquire Caterpillar unit funds.
- News wire article from: The America's Intelligence Wire February 17, 2006 700+ words
...Stories)) BOSTON (MarketWatch) -- T. Rowe Price Group Inc., a Baltimore-based investment...be merged into an equal number of T. Rowe Price funds. Jim Dugan, a spokesman for Peoria...totaling roughly $2.95 billion. T. Rowe Price spokesman Steven Norwitz declined to...
- T. Rowe Price Announces Participation in U.S. Treasury's Temporary Money Market...
- Press release article from: PR Newswire October 7, 2008 700+ words
...PRNewswire-FirstCall/ -- T. Rowe Price Associates, Inc. and the Boards of Directors of the T. Rowe Price money market funds have decided that...Edward Bernard, Vice Chairman of T. Rowe Price Group Inc. and Chairman of the T...
- T. ROWE PRICE AND USF&G CORPORATION ANNOUNCE PLANS FOR T. ROWE PRICE TO ACQUIRE...
- Press release article from: PR Newswire April 16, 1992 700+ words
T. ROWE PRICE AND USF&G CORPORATION ANNOUNCE PLANS FOR T. ROWE PRICE TO ACQUIRE SIX MUTUAL FUNDS BALTIMORE April 16 /PRNewswire/ -- T. Rowe Price Associates, Inc. ("T. Rowe Price") (NASDAQ: TROW) and USF&G Corporation...
- T. Rowe Price Elects Martin Wade A Director; Also Names Four New Managing...
- Press release article from: PR Newswire April 24, 2000 700+ words
...24 /PRNewswire/ -- The Board of T. Rowe Price Associates, Inc. (Nasdaq: TROW...chairman and chief executive officer of Rowe Price-Fleming International, which manages...almost $24 billion invested in the T. Rowe Price international mutual funds (as of March...
- T. Rowe Price Investment Chief M. David Testa to Retire in April 2004; Veteran...
- Press release article from: PR Newswire December 18, 2003 700+ words
T. Rowe Price today announced that, as part of a planned...will retire from the firm and the T. Rowe Price Group Board of Directors in April 2004...investment divisions will transition to T. Rowe Price Chairman and President George A. Roche...
- Several T. Rowe Price Stock Funds Set Performance Records in '99, But Managers...
- Press release article from: PR Newswire January 10, 2000 700+ words
...For the first time in T. Rowe Price's (Nasdaq: TROW) nearly 50...more than doubled in value: T. Rowe Price International Discovery (foreign...company stocks), up 155%; T. Rowe Price Japan, 112.7%; and T. Rowe...
- NEW T. ROWE PRICE VARIABLE ANNUITY SOFTWARE ATTRACTS STRONG INVESTOR INTEREST
- Press release article from: PR Newswire October 11, 1995 700+ words
...BALTIMORE, Oct. 11 /PRNewswire/ -- T. Rowe Price Associates, Inc. (Nasdaq-NNM: TROW...accumulate for retirement in the T. Rowe Price No-Load Variable Annuity with investments...of the accumulation phase of the T. Rowe Price No-Load Variable Annuity by entering...
- CyberSource and T. Rowe Price Team to Deliver Personal Financial Planning...
- Press release article from: PR Newswire August 10, 1998 700+ words
...convenient electronic delivery channel, T. Rowe Price and CyberSource Corporation today announced that T. Rowe Price's popular Retirement Planning Analyzer...secure online purchase and delivery. T. Rowe Price shareholders and prospects can now purchase...
- UPDATE 1-T. Rowe Price to acquire Caterpillar unit funds.
- News wire article from: The America's Intelligence Wire February 17, 2006 700+ words
...FELLER BOSTON (MarketWatch) -- T. Rowe Price Group Inc., a Baltimore-based investment...be merged into an equal number of T. Rowe Price funds. Jim Dugan, a spokesman for Peoria...totaling roughly $2.95 billion. T. Rowe Price spokesman Steven Norwitz declined to...
- T. Rowe buy out.(T. Rowe Price takes control of Rowe Price-Fleming)(Brief...
- Magazine article from: Baltimore Business Journal Rulison, Larry April 14, 2000 700+ words
T. Rowe Price Associates (www.troweprice.com...plans to take 100 percent control of Rowe Price-Fleming International, its long...manager Robert Fleming Holdings Ltd. T. Rowe Price will be working with The Chase Manhattan...
