Money

  • Howard Bancorp added to Russell 2000 Index

    Howard Bancorp added to Russell 2000 Index

    Howard Bancorp Inc. has been named to the Russell 2000 stock index, which tracks 2,000 small-cap companies in the United States. Inclusion in the index reflects growth in the market value for the Ellicott City-based parent of Howard Bank, said President and CEO Mary Ann Scully. "But even more important...

  • Legg Mason launches two socially minded funds

    Legg Mason launches two socially minded funds

    Legg Mason announced Tuesday that its ClearBridge Investments unit in New York has launched two new exchange-traded investment funds focused on environmental, social and governance, or ESG, issues. Both funds will be actively by ClearBridge, one of the investment advisories owned by Baltimore-based...

  • Janney Montgomery Scott will be first tenant at Stadium Square

    Janney Montgomery Scott will be first tenant at Stadium Square

    Janney Montgomery Scott has become the first tenant to sign on at Stadium Square, a development of offices, stores and apartments in South Baltimore. The financial services company plans to move into the first completed office building, at 145 W. Ostend St., by the end of the summer, developer...

  • Sinclair Broadcast to buy Tribune Media for $3.9 billion

    Sinclair Broadcast to buy Tribune Media for $3.9 billion

    Sinclair Broadcast Group moved Monday to cement its position as the nation's largest broadcaster with a $3.9 billion agreement to buy Tribune Media Co., a deal made possible by a recent Federal Communications Commission decision to relax station ownership rules. The proposed sale immediately sparked...

  • T. Rowe Price doubles down on active management strategy at annual meeting

    T. Rowe Price doubles down on active management strategy at annual meeting

    William J. Stromberg, president and CEO of T. Rowe Price Group. Inc., offered a broad defense Wednesday of the asset manager's focus on active management of investors' money as individuals join institutions in seeking more passive management that costs less. The comments came during the company's...

How to buy investment property

There are a lot of pluses to owning rental real estate: diversifying from the usual investments of stocks and bonds; offering an alternative stream of income; and creating a potentially scalable business. But there are challenges, too — it requires capital, a time commitment and dealing with tenants....

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