Ports and rail

  • Judge upholds penalties against Towson 'Money Guys' firm

    Judge upholds penalties against Towson 'Money Guys' firm

    A Baltimore Circuit Court judge has upheld penalties the state attorney general’s office levied against the Towson firm behind the “Money Guys” commercials for fraudulently misrepresenting the risks of their investment strategy. In March, the securities division of Attorney General Brian E. Frosh’s...

  • T. Rowe Price names Céline Dufétel as next CFO

    T. Rowe Price names Céline Dufétel as next CFO

    T. Rowe Price Group on Tuesday named Céline Dufétel vice president and said she will serve as the firm’s next chief financial officer. The company announced in January that current CFO Kenneth V. Moreland planned to retire this year after more than a decade with the Baltimore-based money manager....

  • Sinclair Broadcast reports second-quarter drop in profits in 'defining year'

    Sinclair Broadcast reports second-quarter drop in profits in 'defining year'

    Sinclair Broadcast Group Inc. reported a decrease in profit for the second quarter but met Wall Street’s expectations during what the company called “a defining year” for the Hunt Valley-based TV station owner. Net income decreased to $44.6 million, or 43 cents per share, for the three months that...

  • Columbia cybersecurity firm receives $8 million in venture capital

    Columbia cybersecurity firm receives $8 million in venture capital

    Bricata Inc., a Columbia-based cybersecurity firm, has received $8 million in venture capital funding from Edison Partners, the firm announced Tuesday. Bricata, which develops software designed to hunt for network intrusions, will use the Series A funding to invest in marketing, research and development....

  • T. Rowe Price Group reports second-quarter profit

    T. Rowe Price Group reports second-quarter profit

    T. Rowe Price Group Inc. reported a profit of $373.9 million in the second quarter, up 84 percent from the April-to-June period last year. Earnings at the Baltimore-based investment management company rose to $1.50 per share, up 71 cents compared to the same quarter in 2016. Adjusted to remove...

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....