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Egg on Face(book)
There will be investigations and already there are lawsuits over the rollout of Facebook's overhyped IPO last week, but no investigation is necessary into the reason for the outrage over the stock's rapid fall. It's called human nature. It is the same...
Tags: Social Media, Mark Zuckerberg, Initial Public Offerings, Morgan Stanley Dean Witter & Company, Media Industry
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Friday Buffet: Bravo, 8-bit 'Community'
News Roundup •••• Former major league pitcher Curt Schilling’s 38 Studios, which released “Kingdoms of Amalur: Reckoning” in February, is in financial hot water with the state of Rhode Island. Taking cash from the...
Tags: National Hockey League, Auction Service, NBC (tv network), Concerts, Snow Storms
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FTI Consulting's stock falls on first-quarter earnings miss
FTI Consulting Inc.'s stock price hit a 12-month low Wednesday after the business services company fell short of financial analysts' expectations for first-quarter earnings. The company, which has its corporate headquarters in Baltimore, said it earned...Tags: FTI Consulting Inc., Prices, Companies and Corporations
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Millennial Media today to release first quarterly financial results since IPO
Millennial Media Inc., which operates one of the largest mobile ad networks, is expected to release financial results for its first quarter of 2012 -- the first quarterly report from the company since going public on March 29. The release will come after...
Tags: NYSE, Social Media, Accounting and Auditing, Media Industry, Facebook
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Human Genome Sciences rebuffs $2.6 billion offer from GlaxoSmithKline
Shares of Human Genome Sciences doubled in Thursday morning trading on news that a major British biopharmaceutical company offered to buy it for $2.6 billion, which the Rockville company rejected as too low. Human Genome, which uses the human DNA...Tags: Benlysta (drug), Food and Drug Administration, Diabetes, Chemicals, Cancer
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Consolidation wave poised to hit state's health care services, biopharma sectors
Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals. Both homegrown companies — Human Genome Sciences Inc. and Catalyst...Tags: Benlysta (drug), Express Scripts Incorporated, AstraZeneca Plc, Chemicals, Montgomery (Kane, Illinois)
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The crisis in public morality
Republicans have morality upside down. They're condemning gay marriage, abortion, access to contraception, and the wall separating church and state. But the moral crisis in America isn't a breakdown in private morality. It's a breakdown in public...
Tags: Values, Goldman Sachs, Health Treatments, Abortion, Ethics
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Financier Delaney running as outsider in 6th District
Banker John Delaney knew that Maryland's ruling Democrats had someone else in mind to become the state's next 6th District congressman.
But the 48-year-old multimillionaire from Potomac jumped into the race anyway. And despite early missteps, Delaney's...Tags: Annapolis, Parties and Movements, Columbia University, Frederick (Frederick, Maryland), Bill Clinton
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Apple sparks renewed interest in dividend-paying stocks
Apple made headlines again last week, but this time they weren't entirely about the new iPad.
The tech behemoth announced that it would start paying a quarterly dividend worth $2.65 per share beginning in July. That amounts to nearly $10 billion to be...Tags: Money and Monetary Policy, Charles Schwab, PepsiCo Inc., Finance, Consolidated Edison Incorporated
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Millennial Media readies for IPO Thursday
Baltimore's Millennial Media Inc., one of the largest companies in the fast-growing mobile advertising industry, said it would launch its public offering on Thursday, with expectations of selling $132.6 million worth of shares on its first day on the...Tags: Google Inc., NYSE, Apple Inc., Verizon Wireless, Advertising
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Four Baltimore startups named to join new accelerator
Four Baltimore startups were chosen to participate in the inaugural accelerator program launched by the Emerging Technology Center, the city's main technology business incubator. The news, announced Thursday, couldn't come at a better time for the city's...Tags: NYSE, Business, Startups, Abell Foundation, Companies and Corporations
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Millennial Media's shares nearly double at IPO opening
Millennial Media Inc., a Baltimore-based mobile advertising company, broke a years-long IPO drought in the city's technology sector and went public today on the New York Stock Exchange with an opening share price of $13. Shares immediately shot up to...Tags: NYSE, Verizon Wireless, Advertising, Financing and Stock Offerings, Companies and Corporations
May 29, 2012
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May 18, 2012
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May 9, 2012
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Mar 25, 2012
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Mar 28, 2012
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Mar 29, 2012
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Mar 29, 2012
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