PERSONAL FINANCE

RedOwl reports $4.6 million in new financing

RedOwl reports $4.6 million in new financing

Baltimore data analysis firm RedOwl Analytics announced Tuesday it has raised $4.6 million in new capital from investors, including several San Francisco-based venture capitalists and Under Armour CEO Kevin Plank.

T. Rowe Price opens second fund focused on Asia

Baltimore money manager T. Rowe Price announced Wednesday it has started a new fund focused on companies located in Asia to match investor interest in the...

First Mariner swung to loss in 2013

First Mariner Bancorp's losses mounted last year before the parent of 1st Mariner Bank filed for bankruptcy protection in February.

MORE HEADLINES

T. Rowe Price to remain in downtown Baltimore through 2027

T. Rowe Price, an anchor institution in downtown Baltimore for decades, said Thursday that it plans to remain in its Pratt Street...

Year-end tax planning important for upper income households

A year ago, it was difficult for taxpayers to do last-minute tax planning because of uncertainty surrounding expiring tax breaks from the...

T. Rowe Price invests in Redfin

Portfolios managed by Baltimore-based T. Rowe Price participated in a $50 million mezzanine investment in Redfin, an online real estate...

T. Rowe Price rides Twitter IPO to huge gain

The New York Stock Exchange debut of Twitter offered a huge boost to five funds managed by Baltimore-based T. Rowe Price.

T. Rowe Price reports 9 percent increase in profit for third quarter

T. Rowe Price reported a $270.3 million profit in the third quarter Thursday, up 9.3 percent from the previous year, although the Baltimore-...

SEC suspends trading of MuniMae over late, missing filings

The U.S. Securities and Exchange Commission suspended trading of the shares of Municipal Mortgage & Equity LLC, a Baltimore firm known...

From intern to T. Rowe Price portfolio manager

A decade ago, Taymour Tamaddon was an MBA. student with a background in physics trying to convince Baltimore-based money manager T. Rowe...

Legg Mason Inc. to incur about $20 million in costs over six months

Baltimore-based money manager Legg Mason Inc. will incur charges of $10 million in each of the last two quarters of this year for paying...

Treasury Department to auction securities in Severn Bancorp, five other banks

The Treasury Department announced it intends to sell securities of six banks, including Severn Bancorp Inc. of Annapolis, as it winds down...

Small banks, credit unions try to lure customers with rewards program

Most checking accounts pay little or no interest, and fewer and fewer are free.

BUSINESS MARKET NEWS

Verizon revenues top estimates on wireless surge

(Reuters) - Verizon Communications Inc, the largest U.S. wireless telecommunications company, on...

Herbalife shares rally during Ackman presentation

NEW YORK (Reuters) - Billionaire investor William Ackman fired another volley on Tuesday in his 19-...

Wall Street up on data, mixed earnings

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal...

McDonald's profit falls on weak U.S., Europe sales

(Reuters) - McDonald's Corp reported a lower-than-expected quarterly profit as comparable sales in...

JPMorgan begins to provide consumer help under $13 billion settlement

WASHINGTON (Reuters) - JPMorgan Chase & Co has begun to provide the debt forgiveness and other...

Futures rise on earnings, tension falling in Ukraine

NEW YORK (Reuters) - U.S. stock index futures rose on Tuesday on hopes for an easing of tensions...

Stocks rebound as Ukraine rebels offer black boxes

NEW YORK (Reuters) - Global equity markets and the dollar rode a rebound in risk appetite on...

Taiwan battens down as second typhoon threatens region

TAIPEI/MANILA (Reuters) - The Taiwan military was collecting and distributing sandbags to guard...

Netflix's Europe expansion seen eating into profits

(Reuters) - Netflix Inc's planned expansion in Europe will set the video streaming company up for...

Fund managers unconvinced by Apple rebound

NEW YORK/SAN FRANCISCO (Reuters) - Apple, once a can't-miss stock, is finding it tough to persuade...

Chipotle traffic jumps even after price hike

(Reuters) - Chipotle Mexican Grill Inc, one of the top-performing U.S. restaurant operators, on...

U.S. panel rules Seagate, Avago's LSI do not violate Realtek patent

WASHINGTON (Reuters) - Avago Technologies Ltd's LSI and Seagate Technology do not violate patented...

Barclays' dark pool trading volume falls after lawsuit

NEW YORK/LONDON (Reuters) - Trading activity has slumped in Barclays Plc's BARC.L U.S. share trading...

Barclays' 'dark pool' volumes drop in wake of lawsuit, data shows

(Reuters) - Volume in Barclays Plc's private U.S. trading venue, or "dark pool," fell 79 percent...

Juniper Networks shares could climb 30 percent: Barron's

NEW YORK (Reuters) - Shares in network equipment maker Juniper Networks Inc. could rise 30...

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Fort Meade reluctant to promote gambling

Studies show disproportionately high rates of gambling addiction among veterans.

Harford County still waiting on a base-driven boom in Aberdeen

'BRAC happened inside the gate,' developer says.

UMUC offers discount tuition to federal workers

Deal comes as OPM deals with declining satisfaction in training options, but so far interest is...

After scathing report, Social Security overhauls its equal opportunity program

Of 2,292 complaints over four years, none resulted in a finding of discrimination.

Missing Md. guard airman found dead

A member of the Maryland Air National Guard who had been missing since Monday has been found dead...