Top News & Analysis Maryland


  • 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.

  • Oct 11- Fitch Ratings has affirmed MGM Resorts International's. Fitch also affirms all of MGM's and MGM Grand Paradise's transaction ratings, which are listed at the end of the release. The above considerations should improve MGM's credit profile in terms of liquidity, FCF and leverage to be more consistent with a' B' IDR over the next several quarters.

  • TREASURIES-Prices fall before 30-year bond auction Thursday, 11 Oct 2012 | 11:59 AM ET

    *U.S. to sell $13 billion in 30- year bonds. *Rating cut on Spain cushions bonds' price drop. "This suggests some improvement in the labor market," fueling selling in Treasuries, said David Keeble, global head of interest rate strategy at Credit Agricole Corporate& Investment Bank in New York.

  • Where have 'Today' show viewers gone? Thursday, 11 Oct 2012 | 11:45 AM ET

    When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.

  • In meningitis scare, charges firm misled US regulators Thursday, 11 Oct 2012 | 8:19 AM ET

    On Wednesday, Idaho became the 11th state to report a case of the rare illness, which has been linked to tainted steroids produced by a specialty pharmacy in Massachusetts. The case in Idaho is the first discovered in the western United States.

  • BRIEF-Balfour Beatty wins U.S water contracts Thursday, 11 Oct 2012 | 2:09 AM ET

    LONDON, Oct 11- Balfour Beatty PLC:. *Balfour Beatty water and wastewater strategy delivers contracts over  £185. * £45 million, three year contract at the Galveston main water and wastewater.

  • *Lawmakers seek tighter regulation of compounding companies* Outbreak has sickened 138 people in 11 states, killed 12* Senator Brown to return contributions from NECC owners By Tim McLaughlin and Toni Clarke.

  • By Tim McLaughlin and Toni Clarke. BOSTON, Oct 10- A Massachusetts specialist pharmacy linked to a company at the center of a major health scare closed temporarily on Wednesday and a state regulator clamped down on such operations in the wake of a meningitis outbreak that has claimed a dozen lives.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • NASHVILLE, Tenn., Oct 10- Pressure mounted for greater regulation of a little known corner of the pharmaceuticals industry in response to a meningitis scare that widened to 11 states on Wednesday with the first case confirmed in Idaho.

  • DC shows off new trains, upgrading 1970s look Wednesday, 10 Oct 2012 | 2:59 PM ET

    WASHINGTON-- The nation's capital city is showing off a sleek new design for its subway trains, the biggest visible change to the cars since the system opened in the late 1970 s. Improvements on the new trains will be noticeable to anyone who has traveled the nation's second-busiest subway system.

  • Biden to play 'hardball' in VP debate Wednesday, 10 Oct 2012 | 1:55 PM ET

    WASHINGTON-- Four years ago, Joe Biden was careful not to appear overly aggressive in his vice presidential debate with Sarah Palin, then a newcomer to the national stage. Now, as he prepares to debate Paul Ryan, a 14- year House veteran and the top Republican budget writer, Biden is less concerned about looking like a bully.

  • *May take to early Nov. to identify all stricken in Tennessee. Oversight committees in both the Senate and House hope to learn more about the outbreak before Oct. 12 from staff members of the Food and Drug Administration and the CDC, aides said.

  • Oct 10- Danaher Corp and Cooper Industries will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core assets.

  • Oct 10- Danaher Corp and Cooper Industries agreed to sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining the growing trend among U.S. conglomerates to shed non-core assets.

  • Host Hotels & Resorts 3Q FFO improves, rates climb Wednesday, 10 Oct 2012 | 7:20 AM ET

    BETHESDA, Md.-- Room rates continued to climb during Host Hotels& Resorts' third quarter and occupancy improved as the lodging real estate investment trust's funds from operations climbed 12 percent. Funds from operations rose to $127 million, or 17 cents per share, for the period ended Sept. 7.

  • Danaher, Cooper to sell tool making JV for $1.6B Wednesday, 10 Oct 2012 | 6:55 AM ET

    Danaher Corp. and Cooper Industries said Wednesday that they will sell a tool making business they created two years ago as a joint venture for about $1.6 billion to private equity firm Bain Capital.