| Feb 8, 2013
| 5:33 PM
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...
| Jan 17, 2013
| 5:00 PM
Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York.
Capital Management rose to fame under star...
| Jan 12, 2013
| 8:55 AM
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.
| Jan 14, 2013
| 4:53 PM
Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs up from regulators.
The Securities and Exchange Commission approved Price's application earlier this month to be...
| Jan 3, 2013
| 7:47 AM
Freeman A. Hrabowski III, president of the University of Maryland, Baltimore County, has joined the board of T. Rowe Price Group as an independent director, the Baltimore-based investment firm announced Thursday.
Hrabowski has led the university since...
| Jan 1, 2013
Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors
U.S. stocks rallied Monday in the last hours of trading...
| Dec 10, 2012
| 12:38 PM
The magic of the holiday season will be brought to life as Harford Ballet Company once again presents its performances of "The Nutcracker," this Saturday, Dec. 15, at 1 p.m. and 6 p.m. at Aberdeen High School.
Harford Ballet Company, northern Maryland's...
| Dec 11, 2012
| 4:16 PM
T. Rowe Price had reduced its stake in daily deal website Groupon, while increasing its ownership in Kayak Software Corp., the travel comparison site, according to filings with the Securities and Exchange Commission.
The Baltimore-based investment...
| Dec 10, 2012
| 7:09 AM
Blayr Callaway, 19, who is raising her 8-year-old niece as well as her 2-year-old daughter, was in a familiar setting, at the Hampden Family Center's annual Holiday Party.
It's the center Callaway comes to throughout the year for social services ranging...
| May 13, 2013
| 12:27 PM
Harbor East is moving farther east with baker-cum-developer John Paterakis Sr.'s announcement Friday that he will break ground this summer on a new, mega-Whole Foods and later on a new residential/retail building across Central Avenue from the...
| May 16, 2013
| 12:25 PM
Brian Rogers, manager of the T. Rowe Price Equity Income Fund in Baltimore, won't be voting the fund's shares in support of splitting the role of CEO and chairman at JPMorgan Chase & Co.
Jamie Dimon has been CEO at JP Morgan since 2005 and became...
| May 14, 2013
| 3:39 PM
Morton "Jerry" Baum, founder and executive director of the Fund for Educational Excellence and a retired clothing manufacturing executive who was a tireless champion of city public schools, died May 5 from complications of Parkinson's disease at his...