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TROW / T. Rowe Price cuts 2% of staff or about 150 people

T. Rowe Price Group Inc. TROW, -0.21% has reduced its global head count by 2%, or about 150 people, a spokesperson for the firm confirmed to MarketWatch. The job cuts took place last week, said the layoffs were a “difficult decision” and that the departing employees had provided “many contributions to our firm. Read More

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Posted: Jul 27 2023, 10:29

Author Name: Market Watch

TROW News

By Zacks Investment Research
October 30, 2023

Strong Investment Advisory Fees Aid T. Rowe's (TROW) Q3 Earnings

Higher investment advisory fees (representing around 90% of net revenues) drive T. Rowe's (TROW) Q3 earnings.

By Zacks Investment Research
October 27, 2023

T. Rowe Price (TROW) Q3 Earnings Beat Estimates, AUM Rises Y/Y

T. Rowe Price's (TROW) Q3 earnings beat estimates on increased net revenues and AUM. An appreciation in cash and cash equivalents will help the compan

By Zacks Investment Research
October 27, 2023

T. Rowe (TROW) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for T. Rowe (TROW) give a sense of how the business performed in the quarter ended September 2023, it could be

By Seeking Alpha
October 25, 2023

T. Rowe Price: Is The Dividend Safe?

TROW has a robust asset management business that pumps out cash, keeping dividend investors well-fed. That said, its core business could be faced with

By Zacks Investment Research
October 24, 2023

What's in Store for T. Rowe Price (TROW) in Q3 Earnings?

T. Rowe Price (TROW) is expected to have witnessed an AUM dip in the third quarter of 2023 due to the equity market's decline and net outflows.

By Zacks Investment Research
October 20, 2023

Analysts Estimate T. Rowe Price (TROW) to Report a Decline in Earnings: What to Look Out for

T. Rowe (TROW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with t

By The Motley Fool
October 14, 2023

Dividend Investors Need to Remember the Bad News as They Read the Good News About This High Yield Stock

Assets under management (AUM) is a key metric to watch at T. Rowe Price.

By Zacks Investment Research
October 6, 2023

Expansion Efforts Aid T. Rowe Price (TROW) Amid Rising Expenses

Rising revenues, backed by AUM growth and strategic buyouts, are likely to support T. Rowe Price (TROW).

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