Tag Archives: earnings

T. Rowe grows assets under management, profit in Q4, 2019

January 29, 2020 Comments Off on T. Rowe grows assets under management, profit in Q4, 2019

T. Rowe Price CEO and President William Stromberg. (The Daily Record / Maximilian Franz)

T. Rowe Price Group Inc. rode bond and stock market surges to post strong fourth-quarter results, especially compared to 2018’s fourth quarter, where the markets performed much worse. The Baltimore-based money manager grew its assets under management and increased profits ...

Tagged with: earnings T. Rowe Price Group

Trump asks SEC to consider ending required quarterly reports

August 17, 2018 Comments Off on Trump asks SEC to consider ending required quarterly reports

To achieve a Republican takeover of federal appellate courts, President Donald Trump will have to wait for Democrat-appointed judges to retire or die. Of 164 active appeals judges, 22 are older than 75. (Carolyn Kaster/AP file photo)

President Donald Trump says he's asking federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense.

Tagged with: earnings reports securities and exchange commission

Southwest Airlines says passengers are slow to return after Flight 1380 death

June 4, 2018 Comments Off on Southwest Airlines says passengers are slow to return after Flight 1380 death

Southwest Airlines planes. (The Daily Record / Maximilian Franz)

Southwest Airline's first passenger fatality is still costing the company money and expected to drag down sales well into the summer travel season.

Tagged with: earnings passengers sales Southwest Airlines Co.

Under Armour: Q1 loss can’t obscure ‘solid progress’

May 1, 2018 Comments Off on Under Armour: Q1 loss can’t obscure ‘solid progress’

Under Armour CEO Kevin Plank in 2016. (File)

Under Armour announced a $29 million operating loss ahead of its first quarter earnings call on Tuesday.

Tagged with: earnings first quarter Under Armour

Stromberg: T. Rowe’s strong quarter shows its ability to manage volatility

April 25, 2018 Comments Off on Stromberg: T. Rowe’s strong quarter shows its ability to manage volatility

A T. Rowe Price report issued Tuesday cited lessening fears over slow global growth, the potential for rising inflation and interest rates in the U.S. and lingering concerns about China as key indicators that the year’s difficult start into a more promising finish. (File photo)

T. Rowe Price Group Inc. grew its assets under management during the first quarter despite a volatile stock market over the last several months.

Tagged with: earnings T. Rowe Price Group William Stromberg

T. Rowe’s Stromberg: Still hope for Trump’s goals after uncertain first 100 days

April 25, 2017 Comments Off on T. Rowe’s Stromberg: Still hope for Trump’s goals after uncertain first 100 days

President Donald Trump has not had much of an effect on the financial markets so far, T. Rowe Price’s CEO said Tuesday. “I don’t think there’s been a lot of impact,” William J. Stromberg said after the Baltimore-based money manager ...

Tagged with: Donald Trump earnings federal reserve bank fiduciary rule government shutdown t. rowe price group inc. William Stromberg

McCormick holds steady in Q1 of 2017

March 28, 2017 Comments Off on McCormick holds steady in Q1 of 2017

A shopper reaches toward a display of McCormick spices and flavorings. (Tim Fadek/Bloomberg News.)

McCormick & Co. Inc.’s sales increased 1 percent in the first quarter of its 2017 fiscal year compared to the same point last year, the company announced Tuesday. Sales for the Sparks-based spice giant grew 4 percent in constant currency, which accounts ...

Tagged with: earnings McCormick & Co. Inc. sales

Under Armour wants to ‘get big fast’ but investors worried about slowdown

October 25, 2016 Comments Off on Under Armour wants to ‘get big fast’ but investors worried about slowdown

Kevin Plank, speaking at a stockholders meeting in 2016 with a slide behind him that shows that the company is projecting $7.5 billion in revenue by 2018. (Maximilian Franz)

With Under Armour on track to finish the year as a nearly $5 billion company, the Baltimore sports brand wants, as CEO Kevin Plank put it, “get big fast.” And with the company’s sights set on expanding its retail market ...

Tagged with: 3Q earnings Under Armour

McCormick beats investor expectations with Q3 earnings

September 30, 2016 Comments Off on McCormick beats investor expectations with Q3 earnings

With the support of more than 10,000 employees worldwide, McCormick made significant progress across critical impact areas and will continue to push its CSR agenda with ambitious goals set for 2019. The strategic focus and future reporting efforts will concentrate on seven Tier 1 social, environmental and economic issues that are material to McCormick and its stakeholders, including product safety, occupational safety and health, diversity and inclusion, environmental management systems, supply chain risk assessment, farmer livelihoods and supplier engagement. (File photo)

McCormick & Co. Inc. beat investor expectations in its third-quarter performance with $1.03 earnings per share, an $0.18 increase from the year-ago period, the company announced Friday. Sales also increased 3 percent in the quarter compared to the prior year. ...

Tagged with: earnings McCormick & Co. Inc.

Under Armour gets mixed reviews ahead of Q1 earnings call

April 18, 2016 Comments Off on Under Armour gets mixed reviews ahead of Q1 earnings call

Under Armour will be going into its first-quarter earnings call on Thursday with mixed reviews from analysts. Following golfer and Under Armour athlete Jordan Spieth’s unsuccessful showing at the Masters last week, the Baltimore sports apparel brand’s stock declined by ...

Tagged with: earnings first quarter Under Armour

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