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With Michael Phelps on hand, Under Armour pledges new jobs, growth
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...
Tags: Non-durable Goods Industry, Annual and Special Corporate Meetings, Under Armour Inc., Weaponry, Swimming
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McCormick's shareholder meeting draws a crowd — as always
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...
Tags: Steaks, Charles Coleman Jr., Annual and Special Corporate Meetings, Foods and Beverages, Citigroup Incorporated
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Sullivan named Legg Mason CEO and president
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...
Tags: University of Pennsylvania, Prices, Harbor East, Finance, Legg Mason, Inc.
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Industry experts suggest what Legg Mason's new CEO must do
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...
Tags: Harbor East, Finance, Legg Mason, Inc., College Park (Prince George's, Maryland), T. Rowe Price
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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: Banking, Mergers, Acquisitions and Takeovers, Yahoo! Inc., Media Industry, Michigan Avenue
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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: Banking, Mergers, Acquisitions and Takeovers, County Bank Corporation, Finance, Restructuring and Recapitalization
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CEO pay rises at most local public companies
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...
Tags: CEO Pay, Land Price, Exelon Corp., Earnings Forecasts, Interior Policy
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The departure of Legg Mason's CEO raises questions about its future
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 &#...
Tags: Sales, Business, Finance, Morningstar Incorporated, Financial Markets
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First Mariner's Hale retires
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...Tags: Glen Burnie, Finance, Canton (Baltimore, Maryland), Inner Harbor, BWI Thurgood Marshall Airport
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Damages in Balto. Co. Exxon leak suit rise to $1.5 billion
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...Tags: Peter G. Angelos, Trials, Headaches, Lawyers, Downstream Oil and Gas Activities
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$495 million award from Exxon in Balto. Co. gas spill could grow
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...Tags: Peter G. Angelos, Business, Trials, Lawyers, Downstream Oil and Gas Activities
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Verdict sealed in Exxon gas spill trial; proceedings continue
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...Tags: Peter G. Angelos, Business, Trials, Business Enterprises, Lawyers
Apr 30, 2013
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Dec 7, 2012
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Sep 14, 2012
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Dec 23, 2011
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Jul 1, 2011
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Jun 29, 2011
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Jun 28, 2011
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