Top News & Analysis Maryland

More

  • A congressional review of more than 300,000 pages from Turing Pharmaceuticals and Valeant Pharmaceuticals reveals how executives planned to maximize profits while fending off negative publicity over the price hikes. Elijah Cummings, D- Maryland, released the information Tuesday ahead of a hearing Thursday to examine exorbitant price spikes.

  • NEW YORK, Feb 1- Travel insurance sales for trips to Latin America have surged as vacationers consider scrapping their plans to avoid the rapidly spreading Zika virus, one of the top U.S. providers, RoamRight, told Reuters on Monday. The Maryland- based company, part of insurer Arch Capital Group Ltd, said revenue jumped 81 percent in January from a year ago for its "...

  • American Capital Agency posts 4Q profit Monday, 1 Feb 2016 | 4:44 PM ET

    BETHESDA, Md. _ American Capital Agency Corp. on Monday reported fourth-quarter net income of $588 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. American Capital Agency shares have declined 2.5 percent since the beginning of...

  • Dawn Bennett, chief executive officer of Bennett Group Financial Services LLC., in Washington, DC, and her lawyers have skipped the proceeding, which began last Wednesday and ends on Monday, following testimony from a final SEC witness. The SEC filed civil charges against Bennett last year alleging that she used her paid radio program to grossly inflate the...

  • Trump holds Iowa lead as caucus vote nears Sunday, 31 Jan 2016 | 10:13 AM ET
    Donald Trump

    Donald Trump has widened his edge against rival Ted Cruz in Iowa, according to poll that shows the billionaire gaining momentum.

  • NEW YORK, Jan 29- Amazon.com Inc shares' unusual roller-coaster move before and after the world's No. 1 online retailer reported quarterly results on Thursday helped some traders make money shorting the stock. In between, the stock was all over the place, hitting a Thursday high of $638.06 and falling to a low of $540 in the action after Thursday's close.

  • The Baltimore, Maryland- based company forecast full-year 2016 sales of $4.95 billion and operating income growth of 23 percent. The company's net income rose 20.4 percent to $105.6 million, or 48 cents per share, in the fourth quarter ended Dec. 31, higher than the average analyst estimate of 46 cents per share. Revenue rose 31 percent to $1.17 billion, above...

  • Jan 27- The International Monetary Fund and World Bank are discussing possible financing aid for oil exporter Azerbaijan to help it cope with mounting currency and budget pressures from a steep drop in crude prices, the institutions said on Wednesday. "The World Bank and the IMF are in active dialogue with the Government of Azerbaijan, discussing both...

  • WASHINGTON, Jan 26- Lockheed Martin Corp on Tuesday said commercial helicopter sales for its Sikorsky Aircraft unit this year were expected to be about $375 million, half the level projected last summer, due to the sustained drop in world oil prices. Lockheed expected the unit's commercial helicopter sales to be about $750 million, down from a 2014 peak of $1.5...

  • Robert Califf, is a cardiologist and researcher who joined the FDA a year ago as a deputy commissioner. Califf's extensive ties to the pharmaceutical industry give me no reason to believe that he would make the FDA work for ordinary Americans, rather than just the CEOs of pharmaceutical companies, "Sanders said in a statement. Peter Pitts, a former associate...

  • LOS ANGELES, Jan 24- With a blizzard hammering the East Coast, Leonardo DiCaprio's "The Revenant" topped a subdued U.S. box office with $16 million at 3,711 locations this weekend, according to Sunday estimates. Winter Storm Jonas shut down theaters Saturday in New York City, Washington D.C., Baltimore, and Philadelphia, cutting the nation's overall moviegoing for...

  • LOS ANGELES, Jan 24- With a blizzard hammering the East Coast, Leonardo DiCaprio's "The Revenant" topped a subdued U.S. box office with $16 million at 3,711 locations this weekend, according to Sunday estimates. Winter Storm Jonas shut down theaters Saturday in New York City, Washington D.C., Baltimore, and Philadelphia, cutting the nation's overall moviegoing for...

  • NEW YORK/ WASHINGTON, Jan 23- A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing Washington to a standstill and forcing the closure of roads, bridges and tunnels into New York until Sunday morning. It ranked No. 3 in terms of snowfall accumulation in New York City history with at least 25.1 inches, and was among Washington's...

  • NEW YORK/ WASHINGTON, Jan 23- A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing Washington to a standstill and forcing the closure of roads, bridges and tunnels into New York until Sunday morning. At least 13 people have been killed in weather-related car crashes in Arkansas, North Carolina, Kentucky, Ohio, Tennessee and...

  • NEW YORK/ WASHINGTON, Jan 23- A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing the nation's capital to a standstill and forcing the closure of roads, bridges and tunnels into New York, the largest city in the country. At least 13 people have been killed in weather-related car crashes in Arkansas, North Carolina, Kentucky, Ohio,...

  • NEW YORK/ WASHINGTON, Jan 23- A monster blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday as it barreled into New York City, forcing the closure of all bridges and tunnels into the largest U.S. city and prompting a travel ban on area highways. At least 13 people have been killed in weather-related car crashes in Arkansas, North Carolina,...

  • *Record tides cause major flooding in New Jersey, Delaware. NEW YORK/ WASHINGTON, Jan 23- A monster blizzard that has paralyzed the U.S. East Coast intensified on Saturday afternoon as it barreled into New York City, prompting a travel ban on area highways as high winds whipped up record-setting tides in New Jersey and Delaware. New York Governor Andrew Cuomo...

  • NEW YORK, Jan 22- Legg Mason Inc said on Friday it bought a stake in a company re-engineering exchange-traded funds in the hope of improving the performance of the popular investment products. Legg's stake in Precidian Investments also gives the Baltimore money manager a new foothold in a campaign by legacy mutual fund brands to enter the ETF market.

  • NEW YORK, Jan 21- Former pharmaceutical executive Martin Shkreli was on a collision course with Congress on Thursday as lawmakers warned he could be prosecuted for contempt if he does not appear next week for a hearing about drug prices. A lawyer for Shkreli informed the U.S. House Committee on Oversight and Government Reform of his intent not to answer...

  • NEW YORK, Jan 20- In a beaten-up stock market, Intuitive Surgical Inc stands out as the best-performing large-cap U.S. healthcare stock that is not an acquisition target. Intuitive's signature product, the $1.5 million da Vinci robotic system used in gynecological and prostate surgeries, has been used in more procedures and the company has seen improving...