T. Rowe Price profit jumps 25 percent in first quarter on rise in fee revenue
April 24, 2014 at 08:52 AM EDT
Nasty winter weather didn’t seem to affect the mutual fund industry. T. Rowe Price Group Inc. (NASDAQ: TROW) on Thursday reported a 25 percent jump in first-quarter profit, in part due to an increase in investment advisory fee revenue and the sale of investments...