Jan 29 T. Rowe Price Group Inc said Tuesday that its fourth-quarter net income rose 23 percent as investment advisory revenue increased.
The Baltimore asset manager on Tuesday reported net income of $232 million, or 88 cents per share, compared with net income of $188.4 million, or 73 cents per share, in the same period a year earlier.
Analysts surveyed by Thomson Reuters I/B/E/S on average had expected the company to earn 89 cents per share in the most recent quarter.
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.