earnings forecasts
- Chemical maker W. R. Grace & Co. said Wednesday its net income in the second quarter rose nearly 51 percent compared to last year, beating analyst estimates.
- Jos. A. Bank Clothiers Inc., likely a few weeks away from finalizing a $1.8 billion deal to be acquired by Men's Wearhouse, posted a $37.1 million first quarter loss stemming from merger-related expenses.
- Baltimore money manager Legg Mason Inc. reported that clients added more than $8 billion in cash to accounts there during its recently finished fiscal year, breaking a six-year streak of client cash going the wrong way — out.
- The spice company used digital marketing to build its brand and launched new products around the world.
- Under Armour's stock price surged over $100 a share Thursday after the company reported its profit jumped 28 percent in the fourth quarter, with strong sales driven by the growing popularity of the brand's cold-weather sports apparel.
- It could be a while before Jos. A. Bank Clothiers formally responds to the takeover offer from its rival Men's Wearhouse as executives focus on the key holiday retail selling season and other potential acquisitions.
- Jos. A. Bank Clothiers Inc. expects earnings per share to rise from 4 percent to 9 percent in the third quarter, the Hampstead-based retailer said Tuesday
- Sinclair Broadcast Group Inc. saw profits for the third quarter jump 38 percent, benefiting from strength in television advertising and growth in revenue from fees broadcasters charge cable TV companies to carry their signals.
- Under Armour's profits jumped 27 percent in the third quarter, with higher athletic apparel sales led by products designed to be worn in cold or rainy weather.
- Chemical maker W.R. Grace & Co. said Wednesday that its income in the third quarter fell 8 percent from a year earlier as it continues to deal with challenges in its catalysts business, which includes additives used by refineries.
- Men's retailer Jos. A. Bank Clothiers Inc. said profit fell 38 percent in the second quarter after the chain's promotions failed to lure shoppers.
- Many Maryland hospital CEOs received pay increases in recent years even as they complained about shrinking profit margins and warned about cutbacks unless they could increase rates paid by patients.
- Sinclair Broadcast Group Inc. said Wednesday second quarter net income fell 41 percent to $17.8 million, or 19 cents per share, from a net income of $30.1 million, or 37 cents per share in the comparable period a year ago.
- Legg Mason Inc. reported better-than-expected earnings Thursday and its first quarter in years with more money flowing into its mutual funds than being withdrawn.
- Columbia chemical maker W.R. Grace & Co. said Thursday that it took a hit to sales in the second quarter as a price increase prompted customers to jump ship.
- Jos. A. Bank Clothiers Inc. expects first quarter earnings of 27 cents to 30 cents per diluted share, down from 53 cents per share in the first quarter of 2012, the Hampstead-based retailer said Monday.
- Hunt Valley-based Sinclair Broadcast Group Inc. reported a 42 percent drop in profit for the first quarter, as operating and interest costs rose and revenue increased.
- T. Rowe Price Group reported Wednesday that it earned $241.9 million in the first quarter, or 91 cents per share, on revenue of $815.7 million.
- Chemical maker W.R. Grace & Co. on Wednesday announced preliminary first quarter net income of $52 million to $53 million, or 68 cents to 69 cents per diluted share.
- Sparks-based McCormick said Tuesday that it increased profits 2 percent in the three months ending in February, compared with the year-earlier period.
- As Jos. A. Bank Clothiers prepares to announce year-end and quarterly results this week, Zacks Investment Research has downgraded the retailer's stock to a strong sell rating, citing the company's January warning that fiscal year profit will be off 20 percent.
- The Hunt Valley-based TV station benefited from political and auto advertising.
- Spicemaker McCormick & Co.'s stock price swooned by more than $4 a share Thursday after the company's earnings forecast for the year fell short of what Wall Street analysts anticipated.
- For the first time since a recession gripped the country in 2008, Maryland is approaching a General Assembly session with good news about its operating budget: Neither tax increases nor drastic budget cuts are likely to be needed.
- KeyW Holding Corp., a Hanover-based technology and cybersecurity firm that contracts with U.S. intelligence agencies, reported a profit increase in the third quarter that matched Wall Street analysts' expectations.
- Chemical maker W.R. Grace & Co. said Wednesday that its third-quarter profits fell 7.1 percent to $75.5 million as sales shrank.
- The CEO pay disclosed this year by the 20 largest publicly traded companies in the Baltimore region offers plenty of fodder — as it does every year — to steam the ranks of workers with paychecks that barely budge.
- Spice maker McCormick & Co. Inc. said Thursday that profit grew more than 13 percent in the third quarter thanks to new products, acquisitions and strength in emerging markets.
- Millennial Media said Wednesday it had a lower-than-expected loss in its second quarter as revenues soared by more than 75 percent.
- T. Rowe Price Group reported that earnings rose slightly in the second quarter to $206.8 million on revenues of $736.8 million.
- Sports apparel maker Under Armour Inc. reported a 7 percent gain in second-quarter earnings Tuesday, beating Wall Street estimates as new offerings in women's apparel and footwear helped drive sales increases.
- The new organizers of the Baltimore Grand Prix said Tuesday they are prepared to lose money on the race this year, but pledged that no vendor or taxpayer would go unpaid.
- Sports apparel maker Under Armour reported Friday a 21 percent increase in first quarter earnings.
- Baltimore-based FTI Consulting said it increased profits by more than 50 percent last year, driven in part by strong growth in its business consulting divisions in Latin America and Asia.
- Baltimore-based Sinclair Broadcast Group said net income fell 31 percent in the fourth quarter, with earnings missing analysts' estimates by 4 cents per share.
- Sports apparel maker Under Armour Inc. reported a 42 percent gain in fourth-quarter earnings on Thursday, with net income of $33 million for the three months ending Dec. 31, compared with $23 million in the fourth quarter of 2010.
- Under Armour officials raise year-end revenue forecast.
- Corporate Office Properties Trust, a Columbia-based owner and developer of office parks, lowered its third quarter earnings expectations because of a loss on an investment in a cybersecurity firm, the company said Friday.
- U.S. employers added more jobs than forecast in July and wages climbed.
- Profits at the Sinclair Broadcast Group rose more than 7 percent in the second quarter as local auto dealers increased spending on television advertising, the Hunt Valley-based TV station owner reported Wednesday.
-
- Sports apparel company Under Armour raised its revenue outlook for the year as it reported strong second quarter earnings.
- T. Rowe Price Group, the Baltimore-based mutual fund and investment advisory company, reported net income of $204.7 million for the second quarter, a 29 percent increase over the corresponding quarter a year ago.
- Neither Democratic nor Republican proposals address $1 trillion in unnecessary annual spending on health care