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Daniel Baker, Alex. Brown partner
Daniel Baker, a former general partner at Alex. Brown & Sons who headed the firm's institutional sales department and in retirement managed a family farm, died May 19 from cancer at his Ruxton home. He was 82. "Dan was one of the true gentlemen in the...
Tags: Owings Mills (Baltimore, Maryland), Princeton University, Loyola University Maryland, Starbucks Corp., Corporate Officers
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To keep corporations here, fix the tax code
The report of Apple avoiding corporate income taxes the past four years signals it's time to overhaul the U.S. corporate tax code. Like many multinationals with strong intellectual property, Apple legally earns nearly all of its income offshore. The U....
Tags: Personal Income, Credit Ratings, Robert H. Smith, Earnings, Exxon Mobil Corporation
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Jos. A. Bank Clothiers' CEO earned $2.9 million in 2012
Jos. A. Bank Clothiers Inc.'s top executive, R. Neal Black, earned $2.9 million last year, a decrease from the $4 million in compensation Black earned in 2011, the Hampstead-based men's apparel retailer said. Executive compensation for CEO Black, who...
Tags: Corporate Officers, Earnings, Jos. A. Bank Clothiers Inc.
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Making it new in Maryland
Would it surprise you to learn that Fast Company magazine just ranked Maryland the third-most innovative state in the nation? Or that Maryland took the U.S. Chamber of Commerce's No. 1 spot for both innovation and entrepreneurship? It's a fact: In our...
Tags: Colleges and Universities, New Products, Under Armour Inc., Software Industry, Invention and Innovation
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5 questions … for Tracy Balazs, president and CEO of Federal Staffing Resources LLC
Tracy Balazs, the president and CEO of an Annapolis-based staffing firm, was named Entrepreneurial Success of the Year last month by the Baltimore district office of the U.S. Small Business Administration. She founded the company, Federal Staffing...
Tags: Small Businesses, Corporate Officers, Walter Reed National Military Medical Center, Nursing, Armed Forces
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Ocean City cigarette smuggling ring had ties to terror groups, police say
The Palestinian immigrant and his brother lived next door to each other in homes in West Ocean City, over the years opening a number of businesses throughout the area — three pizza shops, a Mexican restaurant, a liquor store, gas stations, and...
Tags: Bankruptcy, Heroin, Religious Festivals, Justice System, Worcester County
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Jos. A. Bank expects drop in 1Q earnings per share
Jos. A. Bank Clothiers Inc. expects first quarter earnings of 27 cents to 30 cents per diluted share, down from 53 cents per share in the first quarter of 2012, the Hampstead-based retailer said Monday. Sales for the quarter that ended May 4 dipped 3...
Tags: Marketing, Advertising, Jos. A. Bank Clothiers Inc., Earnings Forecasts
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Under Armour founder Kevin Plank sees himself as the underdog
Kevin Plank may have sold the first Under Armour shirts from the back of his car, but as his reach has grown, so too have his wheels: These days, he jets around the world, recently to five Asian cities in six days, but managed to get back home to...
Tags: High School Sports, Preakness Stakes, Colleges and Universities, Michael Phelps, Baltimore Ravens
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Baltimore Co. hopes to attract thousands of jobs to Sparrows Point
A new marine terminal could bring 9,000 jobs to the Sparrows Point peninsula, Baltimore County Executive Kevin Kamenetz said Friday as he laid out the county's vision for remaking the land around its closed steel mill. A terminal in the peninsula's...
Tags: University of Baltimore, Baltimore County, Bankruptcy, Port of Baltimore, Towson
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Three operators submit bids for license for Prince George's casino
Two more bidders emerged Friday to compete against MGM National Harbor for the right to build a casino in Prince George's County. Penn National Gaming submitted a proposal to the state's gaming control agency for a $700-million Hollywood Casino Resort at...
Tags: Prince George's County, Cecil County, Penn National Gaming, Corporate Officers, Gambling
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Legg Mason CEO awarded 500,000 in options to purchase stock
Legg Mason Inc.'s compensation committee awarded CEO Joseph A. Sullivan options to purchase a half million shares of the company stock at $31.46 per share, the Baltimore-based money manager announced in a regulatory filing. The company said the...
Tags: Corporate Officers, Legg Mason, Inc.
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Sourcefire taps board member as new CEO
Columbia cybersecurity firm Sourcefire Inc. named John Becker, a longtime member of its board of directors, as the company's new CEO on Monday. Becker comes to Sourcefire from a position as CEO of ScienceLogic, a Reston, Va., company that sells network...
Tags: Corporate Officers, Sourcefire, Inc.
May 24, 2013
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