Killing of 6 children being re-tried 25 years later

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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...

  • Legg Mason reports $51.4 million profit for third quarter of fiscal 2017

    Legg Mason reports $51.4 million profit for third quarter of fiscal 2017

    Legg Mason Inc. reported late Wednesday that it earned $51.4 million in its third fiscal quarter, up from a loss of $138.6 million in the same October-to-December period a year ago. The Baltimore-based money management firm reported earnings per share of 50 cents, compared to a loss of $1.31 per...

  • Under Armour shares plunge on sales and earnings miss

    Under Armour shares plunge on sales and earnings miss

    Under Armour's long streak of eye-popping gains in sales ended abruptly during the all-important holiday season, the company reported Tuesday, sending its stock down 26 percent. The Baltimore-based athletic apparel brand blamed a sluggish holiday season, a shifting retail landscape and merchandise...

  • KEYW shares plunge on earnings outlook, offering price

    KEYW shares plunge on earnings outlook, offering price

    Shares of KEYW Holding Corp. plunged Friday after the Hanover-based cybersecurity company said its earnings would be on the low end of what it expected and it priced a stock offering below the trading price. KEYW, which provides a variety of cybersecurity services, primarily to the government,...

  • Howard Bancorp raises $36 million in oversubscribed stock offering

    Howard Bancorp raises $36 million in oversubscribed stock offering

    Howard Bancorp Inc. raised $36 million in its public stock offering as investors bought more shares than the Ellicott-City based banking company had planned to sell. The parent of Howard Bank announced plans on Wednesday to raise $30 million in the offering, but said Friday it wound up being oversubscribed....

  • Baltimore Development Corp. seeks higher price from developer for Pratt Street parcel

    Baltimore Development Corp. seeks higher price from developer for Pratt Street parcel

    The board of the Baltimore Development Corp. voted Thursday to seek a higher price for a roughly half-acre parcel on Pratt Street, which the city is considering selling for redevelopment. New York-based Carlyle Development Group proposed paying the city $275,000 for the property, a strip located...

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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