stock market
- With volatility in the stock market shaking up investors, Jonathan Murray, a financial adviser at Hunt Valley-based UBS Financial Services, says people should keep a long-term outlook and accept such corrections as normal.
- The Baltimore tech startup incubator continues to grow and shape the city's business landscape
- Summertime settled into Wall Street on Friday as major stock indexes drifted slightly higher going into the weekend.
- Banks and other financial firms tugged the stock market slightly lower Thursday as a mixed batch of economic reports and earnings results gave investors little reason to push the market up.
- Stifel Financial Corp said it would buy asset manager Legg Mason Inc's investment advisory unit to expand its wealth management business.
- First Mariner Bancorp's days of publicly traded stock are coming to an end.
- 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.
- Under Armour saw its profit soar 73 percent in the first quarter, driven by strong sales in apparel and footwear products.
- The Applications and Research Laboratory's Academy of Finance unveiled a new data center, which includes a New York Stock Exchange ticker, on Friday, March 21.
- The Daily Record's parent company plans to file for bankruptcy protection next week, the newspaper reported.
- Maryland Championship Wrestling is holding its "Tag Wars" Event this coming Saturday, featuring Colt Cabana, Jake "The Snake" Roberts and others.
- Michael Bernetti has been in the middle of all the success, as the Raiders now prepare for the upcoming region playoffs. In his second full season on varsity, Bernetti is averaging 15.7 points and 7.3 rebounds per game while bringing leadership and savvy to the Raiders' frontcourt.
- 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.¿
- Former Baltimore Colts sales executive Bob Leffler founded The Leffler Agency 30 years ago after the NFL team left town and its since grown into a leading sports marketing agency.
- 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.
- Millennial Media founder and CEO Paul Palmieri has left the Baltimore mobile advertising company for a position working with technology startups for a prominent local venture capital firm.
- 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 banner year for the stock market brought good news to Baltimore money management firms, with leaders pointing to a rising tide that buoyed their funds and their companies' prospects.
- After a year of record gains on Wall Street, it's time U.S. economic policies focused more on job growth and less on investor profits
- 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 Armour is planning a $150 million acquisition of fitness technology company MapMyFitness, known for mobile applications and websites under the MapMyRun and MapMyRide brands.
- Baltimore-based money manager T. Rowe Price sees its stake in Twitter soar in value to $536 million as the the social media site goes public.
- When Osiris Therapeutics disclosed an agreement last week resolving concerns from federal regulators, the Columbia biotech firm pitched it as a win. Some news stories — and at least one Wall Street analyst team — described the U.S. Food and Drug Administration agreement entirely differently.
- Shares in McCromick & Co. Inc. slipped more than 2 percent Thursday after the Sparks-based spice maker lowered its forecast for its 2013 fiscal year, citing weak demand from consumers and restaurants.
- Maryland financial professionals look back on financial crisis and the repercussions still being felt
- Millennial Media has struck a deal to acquire Boston-based competitor Jumptap in a mostly stock deal worth at least $209 million, the company said Tuesday.
- The Annapolis-based aerospace technology firm Arinc, Inc., which employs hundreds of people in Anne Arundel County, will be sold for $1.39 billion under an acquisition agreement announced Sunday.
- A loophole allows companies to deduct the cost of sky-high salaries, and the rest of us pay for it through higher taxes.
- Baltimore-based Under Armour now on pace to earn $2.25 billion in 2013
- 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.
- Columbia-based cybersecurity firm Sourcefire is being acquired by Cisco for $2.7 billion, the companies announced Tuesday.
- Corporate governance experts say celebrity directors can be highly beneficial, raising a company's profile and even its stock price. But that doesn't mean all boards should have a celebrity.
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- In honor of Loyola joining the Patriot League, City Council president Bernard C. "Jack" Young declared today Patriot League Day in Baltimore City.
- 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.
- Mildred Kern, an original resident of the North Oaks Retirement Community who had worked overseas for the United Nations, died of heart disease Sunday at her home. She was six days short of turning 105.
- 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.
- Robert Reich writes that as long as jobs and wages are stagnant, we shouldn't believe the hype about an economic recovery.
- T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But during 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so.
- 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.
- 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.
- Comic-book based line, fleece and running shoes helped drive growth for Baltimore's Under Armour