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Top News & Analysis Maryland

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  • TEXT-Fitch cuts 9 classes of ML-CFC 2006-1 Friday, 12 Oct 2012 | 4:33 PM ET

    Oct 12- Fitch Ratings downgrades nine classes and affirms five classes of ML-CFC Commercial Mortgage Trust, series 2006-1. A detailed list of rating actions follows at the end of this press release. As of the September 2012 distribution date, the pool's aggregate principal balance has decreased 38.2% to $1.32 billion from $2.14 billion at issuance.

  • *Worries persist over whether Spain will request aid. Treasuries prices advanced on Friday as data showed muted underlying U.S. inflation, with investors looking ahead to a key European Union leaders' summit, a possible bailout request from Spain and more data in the coming week.

  • DiamondRock 3Q results improve, cuts 2012 forecast Friday, 12 Oct 2012 | 3:23 PM ET

    BETHESDA, Md.-- DiamondRock Hospitality's fiscal third-quarter results improved as room rates climbed, but the company lowered its 2012 adjusted funds from operations forecast and issued fourth-quarter guidance below Wall Street's view.

  • Oct 12- Wells Fargo& Co's independent brokerage business has expanded in Florida and Oregon with veteran adviser teams that joined the company from rival firms UBS Wealth Management Americas and Bank of America's Merrill Lynch.

  • Oct 12- The deadly outbreak of fungal meningitis expanded to 12 states with the first case confirmed in Texas, the Centers for Disease Control and Prevention said on Friday, bringing the total of cases to 184..

  • TREASURIES-Prices up on muted inflation; Spain eyed Friday, 12 Oct 2012 | 2:02 PM ET

    *Worries persist over whether Spain will request aid. Treasuries prices rose on Friday as data showed muted underlying U.S. inflation, with investors looking ahead to a key European summit, a possible bailout request from Spain and more data in the week ahead. Some analysts said Spain could put off asking for help.

  • Such a move would force the new Astoria plant to boost its offer price for capacity, leading to major power price increases that would harm consumers, the New York Public Service Commission said in a release Thursday.

  • Baucus, Tester urge EPA to finish Libby risk study Friday, 12 Oct 2012 | 10:56 AM ET

    Max Baucus and Jon Tester said residents of Libby have grown frustrated waiting for a pending risk study to be completed. The company mined asbestos-containing vermiculite in Libby for decades. They blasted Grace for weighing in against the EPA proposal and alleged company officials had "traded profits for lives" in Libby.

  • Group opposed to gay marriage releases TV ads Friday, 12 Oct 2012 | 10:45 AM ET

    OLYMPIA, Wash.-- The group fighting to overturn Washington's gay marriage law started running its first TV ads in the state on Thursday. Referendum 74 asks voters to either approve or reject the state's gay marriage law that was passed by the Legislature and signed by Gov.

  • Man headed to prison in NYC Torah fraud case Friday, 12 Oct 2012 | 8:33 AM ET

    NEW YORK-- A Jewish charity co-founder who billed himself as a "Jewish Indiana Jones" bent on rescuing vintage Torahs across the globe was sentenced to more than four years in prison on Thursday for conning donors out of about $1 million. Menachem Youlus told a judge in federal court in Manhattan that he was ashamed of his scam, but still hoped for leniency.

  • CDC: Meningitis outbreak growing, 14 people dead Friday, 12 Oct 2012 | 8:30 AM ET

    J. Todd Weber of the Centers for Disease Control and Prevention said as the death toll reached 14.. The other case is an ankle infection discovered in Michigan; steroid shots also can be given to treat aching knees, shoulders or other joints.

  • *Worries persist over whether Spain will request aid. NEW YORK, Oct 12- U.S. Worries on whether Spain will ask for a full-blown bailout to help its struggling economy stoked safety bids for Treasuries, while the Federal Reserve's latest bond purchase added to gains in longer-dated debt, analysts said.

  • *Minnesota woman sues pharmacy in federal court. WASHINGTON/ BOSTON, Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal investigation, as the national death toll climbed to 14..

  • By David Morgan and Tim McLaughlin. WASHINGTON/ BOSTON Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal probe, as the national death toll climbed to 14..

  • WASHINGTON, Oct 11- As many as 14,000 people- more than previously thought- received possibly tainted steroid injections tied to a deadly U.S. meningitis outbreak and patients should watch for symptoms for several months, health officials said on Thursday.

  • Shares of WR Grace hit all-time high Thursday, 11 Oct 2012 | 5:42 PM ET

    NEW YORK-- Shares of W.R. Grace& Co. hit an all-time high Thursday, a day after an analyst said that the specialty chemicals and materials company is building up its businesses as it prepares to emerge from bankruptcy protection.

  • Oct 11- Mutual fund manager ClearBridge Advisors LLC said on Thursday it would drop the name of its struggling parent company, Legg Mason, from all of its U.S. funds over the next several months. With $58 billion of assets under management, New York- based Clearbridge is the largest manager of equity funds at Legg Mason.

  • WASHINGTON, Oct 11- U.S. health authorities said on Thursday that more people than previously thought received possibly tainted steroid injections and that some 14,000 patients could be at risk of contracting meningitis in an unprecedented outbreak of the disease.

  • TREASURIES-Bond prices gain as Europe worries continue Thursday, 11 Oct 2012 | 3:44 PM ET

    *U.S. sells $13 billion in 30- year bonds. By Richard Leong and Luciana Lopez. Treasuries prices advanced on Thursday in choppy trade as fears about the euro zone's health after a downgrade of Spain's debt rating and uncertainty around November's U.S. election outweighed a muted sale of 30- year debt.

  • TREASURIES-Prices rise as Europe worries continue Thursday, 11 Oct 2012 | 2:16 PM ET

    *U.S. sells $13 billion in 30- year bonds. By Richard Leong and Luciana Lopez. Treasuries prices rose on Thursday in choppy trading as worries about the health of the euro zone after a downgrade of Spain's debt and uncertainty around November's U.S. election outweighed a lackluster sale of 30- year debt.