| Jul 11, 2014
| 7:49 PM
It's a small property tied to the fate of a much bigger one.
The Inner Harbor merry-go-round, which has struggled for years, sits next to Rash Field, a roughly 7-acre expanse of volleyball pits and muddy field ringed by gray concrete, that city and...
| Jul 5, 2014
| 10:35 AM
Legg Mason plans to close a deal this month to restructure $650 million in debt, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
The money raised from...
| Jun 30, 2014
| 4:11 PM
Baltimore-based investment firm T. Rowe Price closed one of its biggest mutual funds to new investors Monday, saying it is concerned about keeping pace with its rapid rate of growth.
The Capital Appreciation Fund, which invests about 60 percent in...
| Jun 28, 2014
| 6:20 AM
Whenever Baltimore-area companies sell themselves to out-of-state firms, economists and local leaders alike bemoan the loss. Another headquarters gone. Fewer corporate decision-makers here. Possible job cuts.
But Silicon Valley's deals for two...
| Jun 28, 2014
| 6:32 AM
Dozens of low-income middle schoolers at Baltimore's St. Ignatius Loyola Academy are getting a head start on money management, thanks to Legg Mason employees.
Volunteers from the Baltimore-based money management firm regularly visit the Jesuit boys'...
| Jun 20, 2014
| 2:14 PM
Micros Systems Inc. plans to close on a $59.5 million purchase of its Columbia headquarters next month, according to a filing with the Securities and Exchange Commission.
The company, which supplies point-of-sale technology to the hospitality and...
| Jun 10, 2014
| 12:07 PM
Joshua Cain felt miserable as his Engine 58 crew gathered in the kitchen of their Annapolis Road firehouse after a brutal blaze that ripped through several rowhouses and took hours to control.
Only two months into the job as a Baltimore firefighter, he...
| Jun 3, 2014
| 9:03 AM
The chief investment officer and chairman of T. Rowe Price will step down next year as portfolio manager of one of the company’s biggest investment funds.
Brian C. Rogers, who has managed the Equity Income Fund since its start in 1985, will remain...
| May 28, 2014
| 2:57 PM
Baltimore money manager T. Rowe Price announced Wednesday it has started a new fund focused on companies located in Asia to match investor interest in the increasingly important economic region.
The new Asia Opportunities Fund will pick companies...
| Apr 29, 2014
| 1:06 PM
Beatty Development Group President Michael Beatty has sold the Thames Street Wharf office building in Harbor Point to a California-based real estate company for $89 million.
At $341 per rentable square foot, Monday's sale of the 8-story building to...
| Apr 24, 2014
| 3:33 PM
Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, and customers added money to portfolios rather than taking cash out — reversing an...
| Apr 24, 2014
| 9:00 PM
When Gary and Mary Beth Bassford first talked to a financial planner six years before they retired, they were shocked.
"I looked at him, and I said, 'How in the world are we going to do that?' " recalled Mary Beth Bassford when she was told how much...