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Under Armour plans to hire hundreds of workers at its Locust Point headquarters this year, expand facilities on its campus and bring its brand of sports apparel and footwear to new markets in the U.S. and around the world. CEO Kevin Plank outlined the...
About 900 McCormick & Co. investors packed into a Hunt Valley ballroom Wednesday to hear about the company's performance, applaud its stock price gains and see how it is marketing its spices, recipe mixes and other goods worldwide. But mostly, they...
Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might be headed for a breakup that could have been bad news for the city. After a worldwide search for a new leader, Legg announced Wednesday...
After more than four months without a permanent leader, Legg Mason Inc.'s search for a new CEO might finally be near the end. It probably can't come soon enough for employees and investors who have lived through months of uncertainty. "The longer it...
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-...
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-...
As pay raises go, it's hard to beat a fivefold increase. That's the jump Hunt Valley-based Omega Healthcare Investors' CEO saw in compensation last year. After getting a thumbs down for its executive pay from a shareholder advisory firm, the company told...
The second CEO in Legg Mason's history announced last week he was stepping down, raising the question: What's next for the Baltimore-based money manager? Only the board — or more precisely, activist shareholder and Legg director Nelson Peltz ...
Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...
Baltimore County jurors returned a verdict for punitive damages against ExxonMobil Corp. on Thursday that raises the total award stemming from an underground gasoline leak in 2006 to more than $1.5 billion, a figure that a plaintiffs' lawyer says could...
A Baltimore County jury has ordered Exxon Mobil Corp. to pay more than $495 million to compensate a group of Jacksonville families and businesses for claims of lost property value, emotional distress and medical monitoring resulting from a 2006...
ExxonMobil Corp. has lost its bid to avoid paying punitive damages in a case stemming from an underground gasoline leak in northern Baltimore County in 2006, but how much the international company will have to pay remains to be seen as the case...
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