T. Rowe Price Group (TROW) Declares $0.57 Quarterly Dividend; 2.8% Yield
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August 22, 2017 8:37 AM EDT
T. Rowe Price Group (NASDAQ: TROW) announced today that Céline Dufétel will join the firm as vice president by December of this year and assume the roles of chief financial officer (CFO) and treasurer in the first quarter of 2018.
Céline, who will join T. Rowe Price from Neuberger Berman, previously served as partner and head of the North American Asset Management practice at McKinsey & Company.
She will succeed Ken Moreland, who will continue as CFO until no later than the filing of the Form 10-K for the 2017 fiscal year in... More
August 18, 2017 7:14 AM EDT
By Ross Kerber
BOSTON (Reuters) - Top Tesla Inc (NASDAQ: TSLA) investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year.
Sellers included Fidelity funds like Fidelity OTC Portfolio, which sold 1.62 million shares, or 43 percent of its position during the quarter, as well as funds managed by T. Rowe Price Group (NASDAQ: TROW), including T. Rowe Price Growth Stock Fund , which sold 1.33 million shares... More
