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Credit Ratings

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Displaying items 1-5
  • 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...

    America's real business leaders want to save capitalism [Commentary]

    America's real business leaders want to save capitalism [Commentary]
    A few weeks ago I was visited in my office by the chairman of one of the country's biggest high-tech firms. He wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it. I asked him...

    T. Rowe closes capital appreciation fund

    T. Rowe closes capital appreciation fund
    Baltimore-based investment firm T. Rowe Price closed one of its biggest mutual funds to new investors Monday, saying it is concerned about keeping pace with its rapid rate of growth. The Capital Appreciation Fund, which invests about 60 percent in...

    Warning signs for Md.'s budget [Editorial]

    Warning signs for Md.'s budget  [Editorial]
    Gov. Martin O'Malley's decision to seek $77 million in cuts to a budget that's barely 24 hours old is a sobering reminder that the state's economic recovery is tenuous at best. Maryland experienced no gross domestic product growth last year, and job...