T. Rowe Price earnings rise 25 percent, beat...

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T. Rowe Price Group Inc.’s fourth-quarter profit surged more than 25 percent and beat analyst estimates, propelled by the strength of U.S. stocks. The Baltimore money manager reported net income of $379.8 million, or $1.50 per share, for the quarter ending Dec. 31. That compares to $303.2 million, or $1.17 per share, a year ago. T. Row’s net revenue rose to $1.1 billion, up 3.7 percent from $1.05 billion in the year-ago period. Analysts polled by Thomson Financial Network had projected earnings…