The Baltimore Sun

Martek posts slight 1Q earnings gain

Martek Biosciences Corp., the Columbia-based maker of nutritional oils for foods and baby formula, said its first-quarter earnings increased slightly as it moved beyond the infant formula market. The company reported net income of $9.6 million, or 29 cents per diluted share, for the quarter ended Jan. 31. That compared with $8.7 million, or 26 cents per diluted share, during the corresponding period a year ago. Revenues were $87.4 million, up 5 percent from a year ago. Martek expects second-quarter revenues to be between $87 million and $92 million and net income between $8.9 million and $10.3 million.

Andrea K. Walker

BWI creates Twitter account for travelers

Baltimore-Washington International Thurgood Marshall Airport has created a Twitter account so fliers can access airport status reports and travel information on their portable electronic devices and cell phones. Users can register as BWI Marshall Airport "followers" at or at the airport Web site at Airport officials said Twitter was useful during this week's snow because it allowed the airport to deliver up-to-the-minute information about weather conditions and flight delays.

Andrea K. Walker

Ford offering cash, stock to debtholders

DEARBORN, Mich.: Ford Motor Co. said yesterday it will try to eliminate up to $10.4 billion of its debt by offering debtholders cash and stock as the troubled automaker continues to restructure amid a severe automotive sales downturn. The company is putting up $2.2 billion in cash and about 500 million shares of stock.

Associated Press

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