emerging market
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Baltimore-based money manager Legg Mason Inc. will be paying out about $10 million in each of the last two quarters of this year as part of severance and other expenses related to streamlining its business, according to regulatory filings - Legg Mason Inc. announced Wednesday it would be shutting down its London-based emerging markets boutique and returning money to investors.
- Steve C. Huber, the manager of the T. Rowe Price Strategic Income Fund, sits down for an interview with The Baltimore Sun.
- 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.
- McCormick & Co. Inc. has appointed an Eli Lilly and Co. executive to its board of directors, the Hunt Valley spice and flavoring company said.
- McCormick & Co. has signed an agreement to buy Chinese company Wuhan Asia-Pacific Condiments for $114 million, the Sparks-based firm announced Monday.
- McCormick & Co. has signed an agreement to buy Chinese company Wuhan Asia-Pacific Condiments for $114 million, the Sparks-based firm announced Monday.
- Businesses in China and India, the emerging markets that Gov. Martin O'Malley has been trawling for trade relationships, are beginning to bite.
- Spice maker McCormick & Co. is planning to make more acquisitions, especially in emerging markets in Eastern Europe and Asia, where sales are expected to make up 13 percent of the firm's overall revenue this year.
- As world economies knit ever closer together, the debt woes and economic slowdown in Europe are sending ripples across the Atlantic — giving pause to Maryland companies anxious about recessionary contagion and offering business opportunities to others.
- Long known for spicing up American food, McCormick & Co. is taking its food flavorings abroad, with plans to peddle masala powder in the open-air markets of India and borscht seasoning in the stores of Eastern Europe.
