T. Rowe Price Earns $143 Million in First Quarter

Although T. Rowe Price’s profits rose 22% in the first quarter of the year to $143 million, up from $116.7 million in the first quarter of 2006, the profits were slightly below the $147.3 million analysts expected.

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The firm’s assets under management reached a record $349.9 billion, up 4.5% from the end of fiscal 2006.


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