GO
Loading...

Maryland

More

  • The 2017 to 2022 drilling plan begins a process that could take many years before waters off the coasts of Virginia, North Carolina, South Carolina or Georgia are cleared for drilling. The administration canceled a lease sale there after BP Plc's deadly explosion and oil spill in the Gulf of Mexico that year. In addition, President Barack Obama took parts of...

  • Democrats put brakes on Iran sanctions bill Tuesday, 27 Jan 2015 | 10:20 AM ET

    WASHINGTON— Senate Democrats on Tuesday put the brakes on new Iran sanctions legislation, ending for now a looming showdown between Congress and President Barack Obama over negotiations to prevent Tehran from having the capability to make a nuclear weapon. At the same time, supporters of the bill say the letter signals the White House that Menendez and his...

  • Lockheed beats Street 4Q forecasts Tuesday, 27 Jan 2015 | 8:12 AM ET

    BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported fourth-quarter earnings of $904 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share. Analysts expected $11.87 billion, according to Zacks.

  • Shore Bancshares posts 4Q profit Monday, 26 Jan 2015 | 5:13 PM ET

    EASTON, Md. _ Shore Bancshares Inc. on Monday reported fourth-quarter earnings of $1.2 million. Shore Bancshares shares have fallen slightly since the beginning of the year. Keywords: Shore Bancshares, Earnings Report.

  • KANSAS CITY, Mo.— Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose, plaintiffs announced Friday. Federal officials earlier consolidated about 50 lawsuits filed since 2006 from consumers across the country in the U.S. District Court in Kansas...

  • WASHINGTON— U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure. Prices rose 3.3 percent in December compared with 12 months earlier, real estate data firm Zillow said Friday. Rental prices have risen 52...

  • WASHINGTON, Jan 22- Federal Reserve policymakers, already struggling to assure investors that they remain on track for a mid-year interest rate rise, will find the task has just become harder with their peers in Europe and elsewhere headed in the opposite direction. The European Central Bank's decision on Thursday to pump 60 billion euros a month into the...

  • Old Line Bancshares tops 4Q profit forecasts Thursday, 22 Jan 2015 | 4:54 PM ET

    BOWIE, Md. _ Old Line Bancshares Inc. on Thursday reported fourth-quarter earnings of $1.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Old Line Bancshares shares have dropped roughly 5 percent since the beginning of the year.

  • Wells Fargo, JPMorgan settle mortgage kickbacks probe Thursday, 22 Jan 2015 | 3:08 PM ET

    WASHINGTON— Wells Fargo and JPMorgan Chase have agreed to pay more than $35 million combined to resolve claims that loan officers at the two banks received kickbacks in exchange for steering mortgage borrowers to a Maryland title company. The Consumer Financial Protection Bureau said Thursday that JPMorgan and Wells Fargo each agreed to consent orders...

  • LONDON, Jan 22- European government borrowing rates plummeted to record lows, the euro weakened and stock markets rallied on Thursday after the European Central Bank launched a landmark bond-buying programme. The stubbornly stagnant euro zone economy and falling consumer prices in the currency bloc prompted the ECB to unveil a 60 billion euro a month...

  • Bill to leave cap-and-trade program sees little support Thursday, 22 Jan 2015 | 11:07 AM ET

    CONCORD, N.H.— There was little public appetite at a hearing Thursday for a bill that would pull New Hampshire out of a multistate effort to reduce carbon emissions. New Hampshire is one of nine states participating in the Regional Greenhouse Gas Initiative, a system where each state sells carbon emission allowances to producers. New Hampshire gets about $18...

  • Sandy Spring Bancorp misses Street 4Q forecasts Thursday, 22 Jan 2015 | 10:51 AM ET

    OLNEY, Md. _ Sandy Spring Bancorp Inc. on Thursday reported fourth-quarter earnings of $9.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Sandy Spring Bancorp shares have declined 4 percent since the beginning of the year.

  • LONDON, Jan 22- European government borrowing rates plummeted to record lows, the euro weakened and stock markets rallied on Thursday after the European Central Bank launched a landmark bond buying programme. The stubbornly stagnant euro zone economy and falling consumer prices in the currency bloc prompted the ECB to unveil a 60 billion euro a month...

  • NEW YORK, Jan 22- U.S. The ECB said it would buy government bonds from this March until the end of September 2016 despite opposition from Germany's Bundesbank and concerns in Berlin that it could allow spendthrift countries to slacken economic reforms. "It's pretty aggressive, slightly more than the market was looking for," said Wilmer Stith, a fixed income...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Community Financial posts 4Q profit Wednesday, 21 Jan 2015 | 7:24 PM ET

    WALDORF, Md. _ The Community Financial Corp. on Wednesday reported fourth-quarter net income of $1.5 million. The bank, based in Waldorf, Maryland, said it had earnings of 32 cents per share. The holding company for Community Bank of the Chesapeake posted revenue of $10.3 million in the period.

  • WASHINGTON, Jan 21- Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report. New Mexico and Indiana are...

  • Eagle Bancorp posts 4Q profit Wednesday, 21 Jan 2015 | 5:12 PM ET

    BETHESDA, Md. _ Eagle Bancorp Inc. on Wednesday reported fourth-quarter earnings of $14.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Eagle Bancorp shares have decreased nearly 8 percent since the beginning of the year.

  • US STOCKS-Wall St rises on report of ECB action; IBM falls Wednesday, 21 Jan 2015 | 12:25 PM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks rose in a volatile session on Wednesday on reports that new stimulative measures would be announced by the European Central Bank at its meeting tomorrow, though a tepid outlook from IBM limited the Dow's gains. "The timing and duration of bond purchases is just as important as the actual...

  • US STOCKS-Wall St rises on report of ECB action Wednesday, 21 Jan 2015 | 11:09 AM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks rose in a volatile session on Wednesday on reports that new stimulative measures would be announced by the European Central Bank at its meeting tomorrow, though a tepid outlook from IBM limited the Dow's gains. The Wall Street Journal reported that the ECB's Executive Board has proposed a...