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Legg Mason reports $29.2M fourth-quarter profit, loss for year
Legg Mason Inc. reported Tuesday that it earned $29.2 million in its fourth quarter, down about 62 percent from a year earlier due to added real estate expenses. The Baltimore-based money manager's results still beat analysts' expectations, and its stock...
Tags: Hurricane Sandy (2012), Finance, Companies and Corporations, Quarterly or Semiannual Financial Statements, Legg Mason, Inc.
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Exelon donations in Maryland made as agreed
In the year since Exelon Corp. acquired Baltimore's Constellation Energy Group, the company has donated more than $300,000 to first-responders in the region. It is handing out thousands of free trees to Baltimore Gas and Electric Co. customers. It is...
Tags: Baltimore Symphony Orchestra, Martin O'Malley, Personal Income, Civil and Public Service, Constellation Energy Group
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Sinclair will acquire Fisher Communications for $373.3 million
Sinclair Broadcast Group Inc.'s shopping spree continued Thursday with the announcement of a $373.3 million deal that extends its television reach to a third of U.S. viewing households. Sinclair will gain 20 additional stations in eight markets by...
Tags: CBS Corp., Sinclair Broadcast Group Inc., Banking, Radio Industry, Companies and Corporations
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Former Constellation CEO Shattuck retires from Exelon — but remains on its board
Mayo A. Shattuck III, who coordinated the sale of two Baltimore institutions to out-of-state concerns and ran the region's power company for a volatile decade, has retired from the parent of Baltimore Gas and Electric Co. Chicago-based Exelon Corp. didn'...
Tags: Electricity Production and Distribution, Banking, Constellation Energy Group, Companies and Corporations, Deutsche Bank AG
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Defense, technology and intelligence job fair set Feb. 28 in Aberdeen
The Susquehanna Workforce Network will be hosting a defense, technology and intelligence job fair at Ripken Stadium in Aberdeen Feb. 28, from 2 to 6 p.m. This is a major workforce recruitment activity for more than 30 companies looking to fill positions....Tags: Air Transportation Industry, Computing and Information Technology Industry, Employment Opportunities, Employment, Business
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Baltimore's R2integrated receives investment from Dallas private equity company
Dallas-based Orix Private Equity announced Wednesday it has invested an undisclosed amount in Baltimore-based R2integrated, which the digital marketing and technology company hopes to use to expand rapidly in the next few years. Founded in 2005, R2i...
Tags: Microsoft Corporation, Orix Corporation, Under Armour Inc., Companies and Corporations, Black & Decker
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Part one: Zell's big gamble
Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
Tags: JPMorgan Chase & Co., Michigan Avenue, Newspaper and Magazine, Music, Private Equity
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Columbia-based Arbitron to be acquired by Nielsen
The company that helps TV networks determine what shows get canceled or live for another season is buying the Columbia-based company that helps radio stations decide whether to change formats. Nielsen Holdings of TV ratings fame announced Tuesday that it...
Tags: Antitrust Issues, Radio Industry, Companies and Corporations, Marketing, Global Expansion
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Maryland's smaller banks may be headed for a wave of mergers
It's the billion-dollar question for Maryland banks: Do they need at least that much in assets to survive? "Who knows what the magic number is? A billion, $1.5 billion, $750 million?" said Ronald Paul, chairman of Eagle Bancorp, parent of the second-...Tags: Frederick (Frederick, Maryland), Shareholders, Banking, Carrollton, Companies and Corporations
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Former Oriole Doug DeCinces indicted on insider trading charges
Former Orioles third baseman Doug DeCinces was indicted Wednesday, along with three friends, by a federal grand jury in California on securities fraud charges, for allegedly cashing in on inside information about the acquisition of an Orange County...
Tags: Prosecution, Criminals, Punishment, Companies and Corporations, Securities
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Vertis Holdings files for bankruptcy reorganization, agrees to sell firm
Baltimore-based Vertis Holdings Inc., at one time the largest U.S. producer of advertising inserts in newspapers, plans to sell itself to a Wisconsin printing company for $258.5 million through an auction in U.S. Bankruptcy Court. Vertis filed for...Tags: Bankruptcy, Companies and Corporations, Employees, Chicago Tribune, Labor Legislation
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KEYW to sell stock to fund debt relief, acquisition
KEYW Corp., a Hanover-based defense contractor that offers cybersecurity and counterterrorism solutions to government agencies, said Monday that it will sell 6.5 million shares of stock in a new public offering to raise money to pay down debt and complete...Tags: National Security Agency, National Government, Companies and Corporations, Annapolis, Government
Apr 30, 2013
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Dec 18, 2012
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Dec 7, 2012
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Nov 28, 2012
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Oct 11, 2012
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Sep 17, 2012
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