T. Rowe Price Group posts strong first quarter

Published April 27, 2007 4:00am ET



T. Rowe Price Group Inc., a Baltimore-based financial investment firm, announced a 21 percent boost in net revenue for the first quarter of 2007.

Reporting revenue of $508 million for the quarter, T. Rowe exceeded last year?s mark of $429 million. Net income rose $26 million to $143 million.

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