financing and stock offerings
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Apparel retailer DTLR Holding Inc. of Hanover said Friday that it has canceled its plans for an initial public offering, citing an unspecified "business development" as the reason. - DTLR Holding Inc., a Hanover apparel store, plans to raise up to $75 million in an initial public offering of its common shares, the company said in a regulatory filing on Friday.
- Columbia-based cybersecurity firm Sourcefire is being acquired by Cisco for $2.7 billion, the companies announced Tuesday.
- SafeNet selling government solutions business
- Maryland brokers and advisors say Facebook IPO sours investors on the stock market.
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- T. Rowe Price Group's stake in Facebook Inc. more than tripled in value as the social networking giant went public in the second biggest IPO in history on Friday.
- Millennial Media Inc., a Baltimore-based mobile advertising company that had an IPO in March, posted its first quarterly results as a public company — which included a $4 million loss — that were on track with Wall Street's expectations.
- Millennial Media releases first quarter financials today
- As part of its public offering roadshow, Facebook executives met Tuesday evening with managers of T. Rowe Price, which owns a $408 million stake in the social media company through its mutual funds.
- Baltimore's Millennial Media founded in 2006, now dominant in mobile ad market
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- Baltimore's Millennial Media Inc., one of the largest companies in the fast-growing mobile advertising industry, said it would launch its public offering on Thursday, with expectations of selling $132.6 million worth of shares on its first day on the New York Stock Exchange.
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- Frank Stronach plans IPOs for six racehorse-ownership companies, which would sell stock in thoroughbreds for $10 apiece.
- Millennial Media, a five-year-old mobile advertising firm based in Baltimore, has proposed an initial public offering of shares of its common stock in paperwork filed Thursday with the U.S. Securities and Exchange Commission.
- Jay Hancock: Baltimore's Prime Rib restaurant sold hundreds of thousands of dollars' worth of Groupon coupons one day last month, but restaurants such as Miss Shirley's, Charleston and Petit Louis are leery of online discounting.
