earnings
- Executives at Columbia-based Corporate Office Properties Trust said Friday that strong leasing should lift performance in the rest of the year, as second-quarter earnings rose to positive digits, up from losses during the same period in 2013.
- Profits at T. Rowe Price Group Inc. increased 23 percent for the three-month period that ended last month, as a rising stock market pushed the amount of client money managed by the firm to a record high.
- 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 County Executive Kevin Kamenetz and Baltimore County Public Schools launched Team BCPS Clean Green Litter 15 Challenge, a county-wide anti-litter and clean-up campaign, on Thursday at Lutherville Laboratory Elementary School.
- 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 CEO of a Hunt Valley-based real estate investment trust, which has a porfolio of skilled nursing and assisted living facilities across the U.S., was awarded $7.3 million in compensation for 2013, a year that the firm's returns placed it among the top performing REITs in the country.
- The real estate investment trust, which counts the U.S. government and major defense contractors as its biggest clients, reported no earnings per share in the first quarter of 2014, compared to 11 cents during the same period last year. Its funds from operations per share held steady year-over-year at 48 cents, and came in one penny higher than the company's previously issued guidance
- Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, as revenue from investment advisory fees grew by more than $120 million.
- Jos. A. Bank Clothiers saw its earnings slide in the fourth quarter as the menswear retailer attempted to fight off a takeover by Men's Wearhouse.
- Jos. A. Bank Clothiers saw its earnings slide in the fourth quarter as the menswear retailer attempted to fight off a takeover by Men's Wearhouse.
- Maryland's personal income growth was among the smallest nationwide last year as federal budget cuts rippled through the wider region, affecting Virginia and the District of Columbia as well, the U.S. Department of Commerce estimated.
- If Harford County funded emergency medical services the way EMS leaders want to be funded, county EMS services would lose about $1.7 million annually, according to a recent audit.
- The real estate investment trust, which caters to government and defense-related tenants, saw earnings per share hit 94 cents for the three months ended Dec. 31, compared to 16 cents during the same period in 2012.
- The most important impact of living wage proposals is not a transfer of income from the employer to the employee, but from the employer to the government in the form of lower costs of government safety net programs.
- 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.
- T. Rowe Price Group's stock soared Tuesday after the firm reported fourth quarter earnings up 24 percent compared to the year before, beating analyst expectations.
- The Howard County Board of Education last week cancelled open negotiations with the Howard County Education Association after a judge ordered them to preliminarily uphold the labor board's ruling that negotiations must be closed.
- Coming off a solid third quarter, men's retailer Jos. A. Bank Clothiers is turning its attention to prospects for growth, and that might or might not include a merger with rival Men's Wearhouse.
- 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.
- 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.
- 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.
- A loophole allows companies to deduct the cost of sky-high salaries, and the rest of us pay for it through higher taxes.
- Chris Cuomo, one of the hosts of "New Day," sounds like someone who has thought a lot about his TV image and what he's getting into as the point man in trying to make mornings matter at CNN.
- Jos. A. Bank Clothiers Inc. said Wednesday its first quarter earnings slid 45 percent as store sales slowed, inventory costs rose and the men's apparel chain sold more items at clearance prices.
- Roughly switching the business and personal rates would create better incentives without a net loss of income
- Jos. A. Bank Clothiers Inc.'s top executive, R. Neal Black, earned $2.9 million last year, a decrease from the $4 million total compensation Black earned in 2011, the Hampstead-based men's apparel retailer said.
- Micros Systems Inc., a maker of software for the hospitality and retail industries, reported third-quarter net income of $44.3 million Thursday, a 2.4 percent increase compared with the same period in 2013 and a record for a third quarter.
- Chemical maker W.R. Grace said Wednesday that its net income in the first quarter fell 13 percent from the year-earlier period, in line with its warning to investors and analysts earlier in the month.
- 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.
- 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.
- Record high Dow is welcome news but the stock market uptick is no endorsement of Washington's dysfunctional budgetary policies
- KEYW Holding Corp., a Hanover cybersecurity company, said Wednesday that it had $1 million in profit last year, nearly double its profit of $535,000 in 2011.
- Under Armour CEO Kevin Plank, bolstered by fourth-quarter and year-end revenue numbers that exceeded projections, made bold promises about the future of his Baltimore-based company during its fourth-quarter earnings call Thursday.
- 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.
- The men's retailer said profits took a more than 11 percent dive in the third quarter.
- 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.
- 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.
- Baltimore County's retirement board has lowered its projections on how much it will earn on investments, a move that will cost the county an additional $15 million annually starting next year.
- Jos. A. Bank reports a nearly 17 percent drop in net income in first quarter.
- Maryland is one of the best states in the country for positive economic mobility, a new study says.
- Chicago-based Exelon Corp. reported Friday a 70 percent drop in quarterly profit due to warmer-than-normal winter weather, lower power prices and costs related to the acquisition of Constellation Energy Group.
- The Baltimore County Department of Environmental Protection and Sustainability revealed the results to a year-long study that aims to improve the local watershed and the environment.