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Top News & Analysis Maryland

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  • BALTIMORE _ Legg Mason Inc. on Friday reported fiscal first-quarter profit of $94.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. Legg Mason shares have fallen 8.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2 percent.

  • EDINBURG, Va. _ Shenandoah Telecommunications Co. on Friday reported second-quarter earnings of $10.5 million. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $85.7 million in the period. Shenandoah Telecom shares have climbed 2 percent since the beginning of the year.

  • MIAMI— U.S. presidential candidate Hillary Rodham Clinton on Friday will call on Congress to end the trade embargo the U.S. has imposed against Cuba since 1962.. The position, which the Democrat outlined already in her 2014 book "Hard Choices," puts her in line with President Barack Obama, who moved in December to establish diplomatic relations with Cuba and has...

  • ANNAPOLIS, Md. _ Chesapeake Lodging Trust on Thursday reported a key measure of profitability in its second quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 67 cents per share. For the current quarter ending in September, Chesapeake Lodging expects its per-share funds from operations to...

  • BETHESDA, Md. _ First Potomac Realty Trust on Thursday reported a key measure of profitability in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 24 cents per share. First Potomac Realty Trust expects full-year funds from operations in the range of 93 cents to 98 cents per share.

  • ANNAPOLIS, Md. _ TeleCommunication Systems Inc. on Thursday reported second-quarter profit of $717,000. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. Three analysts surveyed by Zacks expected $90.1 million.

  • SILVER SPRING, Md.— Hillary Rodham Clinton on Thursday offered some support for a proposal in the Senate that would raise the federal minimum wage to $12 an hour, hinting that the higher rate sought by labor unions doesn't have enough support. Patty Murray that would increase the rate to $12 an hour by 2020, which is several dollars less than the $15 backed by labor...

  • President Barack Obama's healthcare reform law has helped fuel adoption of these arrangements. Baltimore- based CareFirst said growth in overall medical spending slowed to a rate of 2 percent, compared with annual increases averaging 7.5 percent before the program began in 2011.. CareFirst's medical home program covers just under 1.1 million people,...

  • MADRID, July 30- Spanish bank Santander said on Thursday former U.S. banking regulator Sheila Bair had resigned from its board after being named rector of Washington College in Maryland. Bair, who ran the Federal Deposit Insurance Corporation from 2006 to 2011, was appointed to the board of the euro zone's biggest bank, which is making a big push in the United...

  • President Barack Obama's healthcare reform law has helped fuel adoption of these arrangements. Baltimore- based CareFirst said growth in overall medical spending slowed to a rate of 2 percent, compared with annual increases averaging 7.5 percent before the program began in 2011.. CareFirst's medical home program covers just under 1.1 million people,...

  • GP Strategies misses Street 2Q forecasts Thursday, 30 Jul 2015 | 9:36 AM ET

    COLUMBIA, Md. _ GP Strategies Corp. on Thursday reported second-quarter profit of $4.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. GP Strategies shares have decreased 7.5 percent since the beginning of the year.

  • Host Hotels reports 2Q results Thursday, 30 Jul 2015 | 6:15 AM ET

    The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of 45 cents per share. Eight analysts surveyed by Zacks expected $1.47 billion. Host Hotels expects full-year funds from operations in the range of $1.52 to $1.55 per share.

  • American Capital Mortgage posts 2Q loss Wednesday, 29 Jul 2015 | 6:09 PM ET

    BETHESDA, Md. _ American Capital Mortgage Investment Corp. on Wednesday reported a second-quarter loss of $40 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. American Capital Mortgage shares have fallen 15 percent since the...

  • Earlier this week, U.S. crude prices hit four-month lows and Brent, the more important global benchmark, neared a six-month trough as a global oil glut, resurgent dollar and stock market tumble in top energy consumer China took a toll. "I see a rebound of about five bucks off the recent lows in the most likely scenario," said Chris Jarvis at Caprock Risk Management, an...

  • Marriott beats 2Q profit forecasts Wednesday, 29 Jul 2015 | 4:39 PM ET

    BETHESDA, Md.— Marriott International Inc. on Wednesday reported second-quarter earnings of $240 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. Six analysts surveyed by Zacks expected $3.72 billion.

  • *Crude futures rise $1 before ending off highs on strong dollar. NEW YORK, July 29- Oil settled higher on Wednesday, recovering from multi-month lows, after U.S. government data showed a surprisingly large crude stockpile draw that signaled the market may have been wrong in predicting slumping demand for energy. Crude futures lost more than $10 a barrel over the...

  • *Crude futures rise over $1 a barrel before consolidating. NEW YORK, July 29- Oil prices jumped about 2 percent on Wednesday, springing from near six-month lows, after U.S. government data showed a surprisingly large crude stockpile draw that signaled the market may have been wrong in predicting slumping demand for energy. Crude futures have lost over $10 a barrel...

  • NEW YORK, July 29- Danielle Faust, 33, is six weeks into wearing braces to fix her crooked teeth and is pretty happy about the process, but not the price. While the $5,000 for Invisalign clear aligners in South Florida where she is a freelance writer is $1,000 less than a friend is paying in New York, she is kicking herself because she missed out on a Groupon that would...

  • Choice Hotels beats Street 2Q forecasts Wednesday, 29 Jul 2015 | 8:21 AM ET

    ROCKVILLE, Md. _ Choice Hotels International Inc. on Wednesday reported second-quarter profit of $35.8 million. Choice Hotels expects full-year earnings to be $2.18 to $2.22 per share. Choice Hotels shares have fallen roughly 7 percent since the beginning of the year.

  • W.R. Grace beats 2Q profit forecasts Wednesday, 29 Jul 2015 | 6:33 AM ET

    COLUMBIA, Md. _ W.R. Grace& Co. on Wednesday reported second-quarter net income of $57.4 million. W.R. Grace expects full-year earnings in the range of $5.15 to $5.25 per share. W.R. Grace shares have risen roughly 3 percent since the beginning of the year.