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Two state senators recommend spinoff of BGE
A top Exelon Corp. executive said Thursday that separating Baltimore Gas and Electric Co. from parent Constellation Energy Group would be a "deal breaker" for the proposed $7.9 billion merger between the two energy giants. Exelon Chief Operating...Tags: Mergers, Acquisitions and Takeovers, Constellation Energy Group, Finance, Exelon Corp., Management Change
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From submarines to sculptures, turning real life digital
Bit by bit, Michael Raphael's company is digitizing the real world.
Direct Dimensions, the Owings Mills firm he founded, scans items, buildings and even people and turns the results into 3-D computerized models. It has trained its equipment on everything...Tags: Black Swan (movie), Hospitals and Clinics, Abraham Lincoln, Movies, Sculpture
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Keeping the tech fires burning
SunSpot StaffAs executive director of the Greater Baltimore Technology Council, Penny Lewandowski is charged with promoting and cultivating the region's technology community. The former Northern Virginia resident recently discussed the council's role and the prospects...Tags: Montgomery (Montgomery, Alabama), Layoffs and Downsizing, Ciena Corporation, Marketing, Montgomery County (Maryland)
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Flipping the switch
SunSpot StaffEnergy news hit with a ferocious one-two punch in recent weeks. First, Constellation Energy Group canceled plans to spin-off BGE and become a riskier, faster growing player in energy markets. Then, power trading giant Enron was driven into bankruptcy by...Tags: Retirement, Constellation Energy Group, Goldman Sachs, Energy, Companies and Corporations
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UPDATE 4-Sears to spin off big chunk of Canada unit
Reuters* Will cut Sears Canada stake to 51 pct, from 95 pct * Q1 adj loss 31 cents/shr vs Street View loss 67 cents * Sears shares up 11.1 percent in morning trading By Phil Wahba May 17 (Reuters) - Sears Holdings Corp said on Thursday it plans to spin off a...Tags: Mutual Funds, Sears Canada Inc., Thomson Corporation, Target, Wal-Mart Stores, Inc.
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FACTBOX-William Ackman's record as activist investor
ReutersMay 17 (Reuters) - Canadian Pacific Railway Ltd Chief Executive Fred Green's resignation on Thursday was a victory for activist investor William Ackman and his Pershing Square Capital Management. Ackman, one of the hedge fund industry's most closely-...Tags: Canadian Pacific Railway Limited, Target, Ceridian Corporation, Real Estate Buyers, Bonds
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Filing signals Sears' intent to spin off hardware, outlet stores
Aiming to raise up to $500 million in liquidity for the struggling retailer,Sears Holdings Corp.filed registration documents Monday with the Securities and Exchange Commission indicating it plans to spin off its hardware and outlet stores. According to...
Tags: Kmart, Sears Holdings Corp., Companies and Corporations
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Consumers starting to flex muscle
Consumers are feeling pretty beat up these days.
They have endured four years of a bruising housing crash and its aftermath. The white-knuckle stock market has left its mark. And the scars from unemployment will run deep for years.
That's why the high-...Tags: Prices, Bank of America Corp., Netflix Inc., Coca-Cola Co., Stock Market
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GOP Questions Malloy's Plan For Jackson Lab; Sen. Len Suzio Says Subsidy Of $291 Million Is "Stupid, Unbelievably Reckless'' By The State
Gov. Dannel P. Malloy announced with much fanfare recently that a research laboratory will be coming to Farmington with the state's help, but the plan is running into a buzzsaw of criticism from Republican legislators who say there are too many unanswered...Tags: Hospitals and Clinics, Genes and Chromosomes, Mergers, Acquisitions and Takeovers, Executive Branch, Democratic Party
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The Mouse That Roared: Maine-Based Jackson Lab Seeking To Come To Farmington; Bipartisan Jobs Package To Cost $516 Million In Bonding
State legislators expressed both high praise and sharp skepticism Thursday during day-long hearings as they debated the nonprofit Jackson Laboratory's plan to bring 300 jobs to Farmington over the next 10 years.
The proposal represents the centerpiece of...Tags: Genes and Chromosomes, Mergers, Acquisitions and Takeovers, Labor Markets, Executive Branch, L. Scott Frantz
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ITT to spin off defense business as separate company
Assignment ManagerITT will spin off its defense business as a separate company by the end of the month. The new company, called ITT Exelis, will continue to employ about 1,400 people in the Roanoke Valley. ITT has had a presence in the Roanoke Valley for about 50 years. ...Tags: Mergers, Acquisitions and Takeovers, Roanoke County, Roanoke (Roanoke, Virginia), Companies and Corporations
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The 'Battlestar Galactica' movie picks up a screenwriter
Show TrackerWhile the "Arrested Development" refugees dream of a movie and "Buffy" stars hope a big screen version gets staked, the "Battlestar Galactica" movie project forges ahead. Not only has Bryan Singer signed on to direct, but the movie now has a...
Nov 3, 2011
|Story| Baltimore Sun
Dec 12, 2010
|Story| Baltimore Sun
Jul 9, 2001
|Story| Baltimoresun.com
Dec 3, 2001
|Story| Baltimoresun.com
May 17, 2012
|Story| Reuters
May 17, 2012
|Story| Reuters
Apr 30, 2012
|Story| Chicago Tribune
Nov 3, 2011
|Column| Orlando Sentinel
Oct 17, 2011
|Story| Hartford Courant
Oct 20, 2011
|Story| Hartford Courant
Oct 21, 2011
|Story| WDBJ7
Oct 20, 2011
| Los Angeles Times
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