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Financial Markets

A collection of news and information related to Financial Markets published by this site and its partners.

Top Financial Markets Articles see all

Displaying items 1-5
  • Legg restructures debt amid signs of turnaround

    Legg restructures debt amid signs of turnaround
    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.
  • SunTrust settlement to bring $33 million to Maryland

    SunTrust settlement to bring $33 million to Maryland
    Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...

    T. Rowe Price net income up nearly 26 percent for quarter

    T. Rowe Price net income up nearly 26 percent for quarter
    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...

    Investors wary and weary, but not panicked over debt ceiling standoff

    Investors wary and weary, but not panicked over debt ceiling standoff
    After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks. Investors clearly were...

    Former Towson broker found liable for clients' retirement losses

    Former Towson broker found liable for clients' retirement losses
    A former Towson-based financial advisor for Signator Investors Inc. was found liable, along with the firm, for losses of elderly clients' retirement funds, according to a decision Tuesday by arbitrators for a securities industry regulator. The Financial...