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.
Joseph A. Sullivan, who has served as interim leader of Legg Mason Inc. for more than four months, has been named CEO and president of the Baltimore-based money manager, the company announced this morning.
Republican Rep. Roscoe G. Bartlett, who has represented Maryland's 6th District for nearly two decades, lost his bid for an 11th term Tuesday to a Democratic businessman who cast the closely watched race as a battle of different economic visions for the country.
The CEO pay disclosed this year by the 20 largest publicly traded companies in the Baltimore region offers plenty of fodder — as it does every year — to steam the ranks of workers with paychecks that barely budge.
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.
One week after Baltimore County's retirement system lowered its long-term expectations of how much it will earn on investments, the state system faces a similar decision Tuesday – one with potentially significant consequences for current and future retirees and Maryland taxpayers.
The developers of National Harbor announced Friday they have reached an agreement with Las Vegas giant MGM Resorts International to develop a luxury casino at the proposed gambling site on the Potomac River.