Profit at McCormick & Co. Inc. fell off slightly in the second quarter as special charges cut into operating income and sales were hurt by unfavorable currency rates, the spice maker reported Wednesday.
McCormick & Co. Inc. saw sales grow 2 percent but profit slip 15 percent in the first three months of the year, as the Sparks-based flavoring and spice company continued to expand in China and prepared to launch a line of gourmet spices in the U.S.
Columbia-based specialty chemicals giant W.R. Grace & Co. announced Thursday that it would split into two independent companies, one focused on construction products and one focused on other materials and chemicals.
McCormick & Co. Inc. saw increases in third quarter sales and profits, led by greater demand from consumers in China and growth in Europe, the Middle East and Africa, the Sparks-based spice maker said Thursday.
According to county officials, the revitalization of downtown Columbia is not just about adding mouth-watering restaurants, high-end retail and arguably the nation's most coveted grocer. It's also about putting in the work and making downtown a thriving employment center.
Tribune is just the latest multimedia news company to split up its broadcasting and publishing assets, joining Rupert Murdoch's News Corp. and E.W. Scripps, which completed such a spinoff just last week. Such separation is gaining momentum as traditional media seek to adapt to the fast-evolving digital landscape.
Orbital Sciences Corp. and Alliant Techsystems Inc. plan to merge in a $5 billion deal, creating a new aerospace and defense company called Orbital ATK Inc. that will employ 4,000 people in Maryland and Northern Virginia.
Former Ravens center Matt Birk, the NFL¿s Walter Payton Man of the Year in 2012 and a Super Bowl champion, will be back in the Baltimore area this Thursday for a signing for his new book, ¿All-Pro Wisdom: The 7 Choices that Lead to Greatness.¿
The Dolan Co., owner of The Daily Record, has signaled financial distress by hiring a restructuring officer, deciding against paying a dividend for the last quarter and disclosing that it received a warning from the New York Stock Exchange over its low stock price.
The largest shareholder of The Men's Wearhouse Inc. is once again calling for the retailer to resume merger talks with Hampstead-based Jos. A. Bank Clothiers Inc. and hired a strategic adviser to help the effort.
Jos. A. Bank Clothiers Inc. withdrew its $2.3 billion offer for Men's Wearhouse on Friday, but left the door open for future merger talks. Meanwhile, Men's Wearhouse's largest single shareholder called a special shareholders meeting to consider removing directors from the retailer's board.
Under growing pressure over recently disclosed surveillance programs, the head of the National Security Agency told lawmakers on Tuesday that gathering telephone data and monitoring Internet use has helped to disrupt more than 50 "potential terrorist events" since the attacks of Sept. 11, 2001.
The 2012-13 Ravens will be well represented Wednesday when the team travels to the White House to be honored by President Barack Obama for its 34-31 victory over the San Francisco 49ers in Super Bowl XLVII on Feb. 3.
Wilde Lake High School senior Taylor Bruner has long had a penchant for money matters, and that insight has developed into a interest that may not only reap dividends after high school, but also helped her and three other like-minded students at Howard County's Applications and Research Lab capture a state finance competition.