| Jul 10, 2013
Loyola University of Maryland Sellinger School of Business and Management graduate Matthew Marzicola, formerly of Bel Air, and now living in Frederick, didn't plan to achieve a 4.0 grade point average, the highest in his class of more than 800 people,...
| Jul 25, 2013
| 3:00 PM
Legg Mason Inc. reported better-than-expected earnings Thursday and its first quarter in years with more money flowing into its mutual funds than being withdrawn.
The Baltimore-based money manager posted a $47.8 million profit in the quarter April...
| Aug 7, 2013
| 8:47 AM
Legg Mason Inc. announced Wednesday it would be shutting down its London-based emerging markets boutique and returning money to investors.
Esemplia Emerging Markets manages $500 million in assets, not large enough to keep operating, Legg said. The firm,...
| Nov 27, 2012
| 5:46 PM
News that Citigroup is foreclosing on developer Patrick Turner's Westport Waterfront property did not alarm Keisha Allen, the leader of the Westport Neighborhood Association.
"To the average person, it looks like everything in Westport is tied up with...
| Jun 29, 2013
| 1:20 PM
The Legg Mason Capital Management Value Trust fund is doing something not seen in years: It's beating the stock market.
Under new manager Sam Peters, the fund is up 27.8 percent in the past 12 months, compared with 20.6 percent for the S&P 500 index....
| Nov 13, 2012
| 2:49 PM
Not even being arrested on federal fraud charges and placed under strict house arrest could keep Amiee Arora from cooking up new schemes.
The Washington man pleaded guilty Tuesday to a pair of plots — including one that netted him and a partner...
| Jun 18, 2013
| 3:00 AM
In principle, the National Security Agency's vast data collection operation is troubling, but in the age of Google and Facebook, it feels like having just one more Big Brother in a growing family of Big Brothers.
In response to the revelation that the...
| Jun 5, 2013
| 10:33 AM
Checks totaling more than $15 million will be sent beginning next week to more than 10,000 Maryland mortgage borrowers, Attorney General Douglas F. Gansler announced Wednesday.
The checks, roughly $1,480 each, will be sent between June 10 and June 17 to...
| Oct 2, 2012
| 1:15 PM
On Tuesday, five of the nation’s largest mortgage servicers became obligated to follow 304 “servicing standards” laid out in a national mortgage settlement earlier this year.
The settlement stemmed from allegations that the servicers...
| May 22, 2013
| 7:18 AM
Marylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday.
That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...
| Feb 1, 2013
| 3:54 PM
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...
| Oct 8, 2012
| 3:00 AM
Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...