A surge in violent crime has forced Baltimore's mayor into a quandary: Corralling the police and reining in crime, The NY Times reports.» Read More
BETHESDA, Md. _ American Capital Agency Corp. on Monday reported second-quarter earnings of $512 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. American Capital Agency shares have dropped 14 percent since the beginning of the year.
WASHINGTON— State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling with high costs and disappointing enrollment. Hawaii's marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. Twelve states and the District of Columbia fully control their markets.
WASHINGTON— As President Barack Obama faces pressure to discuss human rights in his first official visit to Ethiopia this weekend, a unique lawsuit back home is challenging whether the African country can spy on an American by turning his computer into a giant recording device. But the man, born in Ethiopia and now a U.S. citizen, isn't wanted for a crime.
NEW YORK— Verizon workers in nine states have voted to go on strike if necessary over a dispute about a new contract, a union official said at a rally Saturday. At the rally in New York, the CWA announced that 86 percent of Verizon workers who voted in a recent poll backed strike action if required. The contract covers employees the nine states from Massachusetts to...
WASHINGTON— Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service. The Transportation Department sent letters on Friday to Delta, American, United,...
SALT LAKE CITY— Most people are gathering Friday in Utah to celebrate the state's Mormon heritage at Pioneer Day parades featuring floats, carriages and women in prairie dresses. A few gathered on patios and lawns near the parade route in Salt Lake City, sipping beer and munching on pies in a nod to the roots of the faux holiday that began 10 to 15 years ago.
NEW YORK— Hillary Rodham Clinton wants to shift the mindset of corporate America from "quarterly capitalism" to a more long-term approach to the economy and plans to unveil proposals to hike capital gains taxes, review executive compensation rules and warn that shareholder activism can sometimes go too far. Her speech at New York University's Stern School of...
EASTON, Md. _ Shore Bancshares Inc. on Thursday reported second-quarter earnings of $1.6 million. Shore Bancshares shares have climbed 3 percent since the beginning of the year. Keywords: Shore Bancshares, Earnings Report.
BETHESDA, Md. _ Pebblebrook Hotel 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 69 cents per share. Pebblebrook Hotel expects full-year funds from operations in the range of $2.47 to $2.55 per share.
BALTIMORE _ T. Rowe Price Group Inc. on Thursday reported second-quarter net income of $329.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share. Five analysts surveyed by Zacks expected $1.06 billion.
BALTIMORE— Under Armour Inc. on Thursday reported second-quarter net income of $14.8 million. Under Armour expects full-year revenue of $3.84 billion. Under Armour shares have climbed 32 percent since the beginning of the year, while the Standard& Poor's 500 index has risen roughly 3 percent.
ANNAPOLIS JUNCTION, Md. _ Colfax Corp. on Thursday reported second-quarter profit of $53.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
BETHESDA, Md. _ Eagle Bancorp Inc. on Wednesday reported second-quarter profit of $20.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. Eagle Bancorp shares have increased 30 percent since the beginning of the year.
BETHESDA, Md. _ LaSalle Hotel Properties on Wednesday reported a key measure of profitability in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 89 cents per share. Seven analysts surveyed by Zacks expected $345.1 million.
Bernie Sanders is pressing Democratic presidential front-runner Hillary Rodham Clinton to support a federal minimum wage of $15 an hour as he pushes legislation to boost pay. His bill would phase in increases in the minimum wage to $15 an hour by 2020. While it's unlikely to pass in the Republican-controlled Congress, it puts pressure on Clinton to support...
ANNAPOLIS, Md.— The main contractor in Maryland's initially flawed health care exchange website has agreed to repay $45 million to avoid legal action over its performance, officials announced Tuesday. Maryland's website crashed right after opening Oct. 1, 2013, as part of President Barack Obama's health care law, and it wasn't the only state to have problems.
July 21- Novavax Inc said its experimental Ebola vaccine induced a substantial immune response to the deadly infection in an early-stage trial involving 230 healthy adults. Potential partners include the Biomedical Advanced Research and Development Authority, a division of U.S. Department of Health and Human Services, which Novavax is already working...
July 21- Novavax Inc said its experimental Ebola vaccine induced a substantial immune response to the deadly infection in an early-stage trial involving 230 healthy adults. Vaccines being developed by Bavarian Nordic, GlaxoSmithKline and Johnson& Johnson have entered mid-stage studies. Gaithersburg, Maryland- based Novavax's shares have risen more than...
WALDORF, Md. _ The Community Financial Corp. on Monday reported second-quarter profit of $1.7 million. The Waldorf, Maryland- based bank said it had earnings of 37 cents per share. The holding company for Community Bank of the Chesapeake posted revenue of $10 million in the period.
The company plans to sell as many of its 296 stores as possible and said in a filing with U.S. Bankruptcy Court in New York that it has bidders for 120 of those operations with expected proceeds of $600 million. The Stop& Shop Supermarket Co., owned by supermarket giant Ahold, said that it has struck a deal to buy 25 A&P stores in the greater New York area for $146 million.