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Credit Ratings

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  • Africa: an investment opportunity [Commentary]

    When President Barack Obama convenes nearly 50 African leaders in Washington next week for the U.S.-Africa Leaders Summit, the grand scale of the event could fill television screens for days. The real action, however, will be the behind-the-scenes, headlong rush by both Africans and Americans to capitalize on a new economic reality: Africa is on the move. And America's businesses and investors have just as many reasons to bring their business cards to the summit as Africans do.
  • Legg Mason continues growth after years of withdrawals

    Legg Mason continues growth after years of withdrawals
    Legg Mason Inc. reported Thursday its quarterly profit grew 51 percent, thanks to a strategy that has diversified the money manager's investment portfolio. The Baltimore-based company said it earned $72.2 million, or 61 cents per share, in the three...

    Baltimore's bond rating raised to highest level in years, signaling city's improved fiscal health

    Baltimore's bond rating raised to highest level in years, signaling city's improved fiscal health
    Standard & Poor's raised Baltimore's bond rating to its highest level in years — a move that reflects growing confidence in the city's fiscal health and will lead to potentially millions of dollars in savings for the city budget. The city's new AA...

    Maryland gets AAA rating from bond houses

    Maryland gets AAA rating from bond houses
    Maryland kept its coveted AAA bond rating this week, an accomplishment that allows it to continue borrowing cash more cheaply than most states. Gov. Martin O'Malley heralded the rating from New York bond agencies Tuesday as proof of his sound fiscal...

    Craig begins record 10th year as Harford county executive

    Craig begins record 10th year as Harford county executive
    David R. Craig marked the start of his 10th year as Harford County executive on Tuesday, adding to his record length of service in Harford's top elected post. On July 8, 2005, Craig held his first cabinet meeting in the morning of his first full day...