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T. Rowe’s earnings up, but assets under management down

While reporting a profit of $185.5 million for the quarter, T. Rowe Price Group Inc. said Tuesday that its assets under management dropped $67.4 billion from June to September due to worldwide market volatility. Shares of T. Rowe Price fell $4.91, or nearly 8.8 percent, to close at $51.08. The shares have traded as high as ...

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