Stocks Watch

April 28, 2004

LOCALLY

T. Rowe Price

Group Inc.

Shares rose $2.54 to $52.79 after the Baltimore-based mutual fund firm reported that net income nearly doubled in the first quarter. Earnings per share climbed 87 percent in the quarter as assets under management rose to a record $201 billion.

NATIONALLY

Exxon Mobil

The world's largest publicly traded oil company led a surge in energy stocks after the president of the Organization of the Petroleum Exporting Countries said the official oil-price target may be increased to $32-$34 a barrel in an effort to compensate for a weaker dollar. The company's shares climbed 74 cents to $43.75.

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