| Jul 25, 2013
| 2:36 PM
July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
** Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote,...
| Aug 10, 2013
During the depth of the 2008 financial crisis when Bill Miller's funds were in free fall, a colleague advised him to get a dog.
"I needed to change my luck," said the Legg Mason money manager, famous for beating the market 15 years in a row. "I reasoned...
| Jan 4, 2014
| 7:16 AM
The stock market's banner year brought good news to Baltimore money management firms, with leaders pointing to a rising tide that buoyed their funds and their companies' prospects.
Market indices soared in 2013, with the S&P 500 up almost 30 percent,...
| Aug 22, 2013
| 1:25 PM
John H. "Jack" Laporte Jr., a highly regarded T. Rowe Price portfolio manager who was also a philanthropist and one of the minority owners of the Orioles, died Aug. 12 of complications from lymphoma at his Ruxton home. He was 68.
"Jack was one of the...
| Aug 25, 2013
Lisa Scott of Sparrows Point has seen young relatives graduate from college and struggle to keep up with $100,000 in education debt.
"Their current jobs do not allow them to pay that debt" said Scott, area marketing director for Chick-fil-A in Maryland....
| Sep 16, 2013
| 3:33 PM
A decade ago, Taymour Tamaddon was an MBA. student with a background in physics trying to convince Baltimore-based money manager T. Rowe Price to hire him as an intern.
Not only did Price give him the internship and hire him later as a health care...
| Sep 20, 2013
| 4:11 PM
Legg Mason's Bill Miller and other high-profile investors will share their top stock picks of the moment Wednesday— with the aim of raising money for area schoolchildren.
Tickets for the Baltimore Next Generation Investing Event, to be held at...
| Sep 22, 2013
The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit.
The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
| Oct 9, 2013
| 5:05 PM
The latest out of the extreme conservative wing of the Republican party is that a failure of the U.S. government to take the steps necessary to pay all its bills on time would be no biggie. They say we could juggle things around and avoid missing any...
| Oct 13, 2013
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...
| Oct 20, 2013
| 5:00 AM
Diane Ravitch is all the rage in education circles these days, but rage, unfortunately, is what's she's selling. There are many reasons why, despite decades of efforts, U.S. public schools continue to fail, especially for low-income and minority children....
| Oct 25, 2013
| 2:58 PM
Legg Mason Inc., which continues to struggle with money flowing out of its stock funds, reported Friday it earned $86.3 million in the second quarter ended Sept. 30, a 6.8 percent increase over a year ago.
On a per-share basis, the Baltimore-based...