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Business
Legg Mason plans to close a deal to restructure $650 million in debt this month, 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.
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Editorial
Baltimore County Executive Kevin Kamenetz's budget plan may not solve all of county schools' problems, but it represents a welcome new effort to address them.
Business
The city-owned Hilton Baltimore spent nearly all of the $2.8 million in hotel occupancy taxes the city set aside last year to help the struggling convention center hotel make its debt payments, officials said.
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Harford County
Harford County government announced it has received top ratings from the nation's three major municipal bond rating agencies in advance of a $40 million bond sale scheduled for March 11.
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Harford County
Harford County officials plan to postpone by a month a planned sale of bonds to finance two key public safety-related projects and other capital improvements.
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Harford County
Quite simply, County Executive Craig must live up to his small government mantra by first holding himself accountable for reducing unnecessary increases and irresponsible expenditures in the departments which he currently manages.
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Baltimore City
City officials on Monday will consider issuing $35 million in bonds for the massive Harbor Point development — among the final steps before construction can begin on the $1.8 billion waterfront project. Some are urging the board not to approve the financing until all environmental concerns associated with the former chemical plant site are alleviated.
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Maryland financial advisers and money managers say investors are concerned but not panicked yet by debt ceiling brinkmanship
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Home sales in the Baltimore region continued to rise at a double-digit pace in September, numbers released Thursday show.
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The debt ceiling, why it's important and what you need to know about it.
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Editorial
Hopkins needs to take a second look at why it ordered the removal of a blog post critical of the NSA
Baltimore County
Towson political and business leaders lack direction, will, and incentive to preserve open space. Why not raise the tax rate a few cents to build a fund to buy land that could be set aside as open space? How about a bond issue to finance the acquisition of open space? Bond issues give the citizens the right to vote whether we are willing to pay to preserve open land.
Harford County
New Harford County Public Schools Superintendent Ray Keech had been on the job not even two weeks 25 years ago this week and already he was butting heads with Harford County Executive Habern Freeman. The two were having a back and forth about the need for new schools
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Business
Baltimore officials are reviewing ways to improve the finances of the city's money-losing convention center hotel as they brace for the likelihood that they will be forced to dip into the city's general fund to cover debt payments next year.
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Business
A failure to make bond payments may influence investors' scrutiny of MEDCO, a company created by the General Assembly to aid economic development through Maryland, it will not affect the state's credit rating, experts say.
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Business
The state-owned Hyatt Regency Chesapeake Bay hotel is continuing to mine a reserve fund to meet semiannual debt payments, including a draw of more than $2 million earlier this month.
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Business
Baltimore's two major fund companies have joined a small but growing number of investment firms offering ultra short-term bond funds, which may become an alternative to the traditional money market fund.
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Politics
A bill to finance $1 billion in school construction in Baltimore won approval through the efforts of many people, including a General Assembly leader who wanted to support his members as well as his hometown.
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Legg Mason says investors'expectations on bonds don't match market reality
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Harford County
An ambitious, $2.6 million plan to renovate the Havre de Grace opera house on Union Avenue would include joining the former city hall building with the neighboring firehouse, installing a first floor theater and making the entire building accessible to handicapped people.
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Harford County
Harford County officials raised nearly $115 million through two bond sales Tuesday to finance existing and new capital projects and to pay off previous bond issues.
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Business
Joseph A. Sullivan, who has served as interim leader of Legg Mason Inc. for more than four months, has been named CEO and president of the Baltimore-based money manager, the company announced this morning.
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Maryland could lose one of its prized AAA bond ratings if the U.S. government fails to find a way out of its debt and budget problems in the coming months, state Treasurer Nancy K. Kopp has warned.
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High finance has an exciting ring to it, but it's mainly the mundane story of how we owe ourselves money and pay it back as time goes by.
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Harford County officials are preparing to sell $116.9 in bonds on Feb. 19.
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Business
Years later, the big winners in Tribune Co.'s Chapter 11 case are the investment firms that profit from the boom-and-bust cycles of Wall Street.
A rash of robberies plagued Harford County this week in 1963
Politics
Baltimore voters were casting ballots Tuesday on four charter amendments, including one to move city elections to the same years that the nation chooses a president.
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Business
T. Rowe Price Group reported this morning a $247.3 million profit, or 94 cents per share, for the third quarter. Revenues reached $769.7 million.
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Baltimore County
Baltimore County Executive Kevin Kamenetz wants to borrow $255 million and repay it over the next 30 years to help fund the county's retirement system, a move that would carry risk but that the administration says could benefit taxpayers in the long run.
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The Board of County Commissioners last week approved enrollment in the Maryland Department of Housing and Community Development's "On Behalf of Local Governments" housing program, designed to aid first-time home buyers.
Emily Gill, a 19 year old from White Hall who raises dairy cows and Welsh ponies, was named Miss Harford County Farm Bureau for 2012 at the Farm Fair Thursday evening.
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Anne Arundel
The reopening of Annapolis' Market House, set for this October, is likely to be delayed.
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After sinking millions of dollars into the dream of a world-class tourist destination in the mountains of Western Maryland, the state is poised to cut its losses and turn the Rocky Gap hotel and conference center over to a private company that will open a casino at the lakeside resort.
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Editorial
A new funding stream for school construction represents a promising start for Baltimore — if city and state officials can maximize its impact
Business
T. Rowe Price Group has closed its high-yield bond funds to new investors, effective Monday, the Baltimore money manager announced Tuesday.
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Op-ed
President Obama managed to double gas prices during his first term; will a second term bring us $8 a gallon?
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Politics
Baltimore's top elected officials are battling over whether the city should seize homes due to unpaid water bills after a recent audit found widespread billing errors.
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Harford County's good credit rating and competent fiscal management means there will be money available for several public works projects at a time when employment resulting from such projects is sorely needed. Just think how much better off we would be as a nation if the federal government could do the same thing.
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