| Jun 5, 2013
| 2:19 PM
Jos. A. Bank Clothiers Inc. said Wednesday its first-quarter earnings slid 45 percent as store sales slowed, inventory costs rose and the men's apparel chain sold more items at clearance prices.
Earnings of 29 cents per share for the three months that...
| Apr 30, 2013
| 2:38 PM
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...
| Apr 29, 2013
| 2:35 PM
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...
| Apr 25, 2013
| 12:52 PM
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...
| Jun 11, 2013
| 7:32 PM
The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money.
The state withdrew $2 million from the reserve June 1, cutting the fund's...
| Jun 15, 2013
| 1:15 PM
The Maryland Economic Development Corp. expects to fall short next year on payments to investors who bought the bonds that funded the Hyatt Regency Chesapeake Bay, a state-owned golf resort hotel and conference center on the Eastern Shore.
| Oct 15, 2012
| 3:44 PM
Baltimore television stations expected little in the way of political advertising this election year. Then the fight over expanded gambling in Maryland erupted, pitting deep-pocketed casino companies against each other.
The barrage of ads urging...
| Oct 8, 2012
| 12:45 PM
The threat of automatic spending cuts by the federal government caused companies to press the pause button on real estate expansion in the Baltimore region during the third quarter, according to analysts.
"It reflects the nature of the economic drivers...
| Oct 11, 2012
| 4:39 PM
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...
| Nov 5, 2012
| 1:50 PM
Baltimore-based Millennial Media Inc., a major player in the mobile advertising business, reported nearly a doubling of revenues and wider losses in the third quarter as it continued to ramp up spending on its technology infrastructure and overseas...
| Sep 11, 2012
| 4:45 PM
Less than five years after taking the helm of Legg Mason, Chairman and CEO Mark R. Fetting announced Tuesday that he would step down Oct. 1, possibly setting the stage for the sale of parts of the Baltimore-based money management firm.
Legg Mason has...
| May 30, 2012
| 6:53 AM
Jos. A. Bank Clothiers Inc. reported a nearly 17 percent drop in net income during the first quarter, prompting the Hampstead-based retailer to alter its marketing strategy, the company said Wednesday.
First-quarter net income decreased to $14.8 million,...