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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...
Hunt Valley-based Sinclair Broadcast Group Inc. reported a 42 percent drop in profit for the first quarter, as operating and interest costs rose and revenue increased but fell short of analysts' expectations. The television station owner and operator...
Higher airfares and lower fuel prices combined to give Southwest Airlines $59 million in first-quarter net profits, or 8 cents a share, beating Wall Street's predictions. The Dallas-based airline's earnings fell 40 percent from $98 million, or 13...
Chemical maker W.R. Grace & Co. on Wednesday announced preliminary first-quarter net income of $52 million to $53 million, or 68 cents to 69 cents per diluted share. Grace, based in Columbia, will report full earnings April 24 for the quarter that ended...
With Jos. A. Bank Clothiers Inc. likely poised to announce year-end and fourth-quarter results this week, investors and analysts wonder just how bad it will be. So far this year, stock in the Hampstead-based men's apparel chain has sat out the stock...
The city will be forced to dip into its general fund for $1 million to help the city-owned Hilton Baltimore make debt payments this year, city officials said Wednesday. Harry E. Black, Baltimore's director of finance, said the hotel needs the money to...
T. Rowe Price Group on Tuesday reported a $232 million profit for the fourth quarter, a 23 percent increase from a year earlier. The Baltimore-based investment firm earned 88 cents a share for the quarter ended Dec. 31. That's up from 73 cents a share a...
Under Armour CEO Kevin Plank, bolstered by fourth-quarter and year-end revenue numbers that exceeded projections, made bold promises about the future of his Baltimore-based company during its fourth-quarter earnings call Thursday. Amid a reorganization...
UPDATE (1 a.m.) at end of post with review of NFL Network's excellent post-game show and comment on Flacco profanity after game. It was a fabulous day and night for TV football, with the Ravens winning the Super Bowl, 34-31. But little thanks for that...
Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets. On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...
Legg Mason's board of directors is expected to meet Tuesday to discuss — and possibly decide — who will be its next CEO, according to two people familiar with the situation. The Baltimore-based mutual fund company has whittled its list of...
Tags: Corporate Officers, Elections, BNP Paribas, Finance
Men's retailer Jos. A. Bank Clothiers Inc. said profits took a more than 11 percent dive in the third quarter, hurt by extra markdowns that drove the apparel sales and by Hurricane Sandy's strike to the East Coast. Net income fell to $13.3 million in the...
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