BETHESDA, Md.-- Lockheed Martin Corp. said Wednesday its third-quarter net income rose 4 percent, as lower pension-related costs helped offset a drop in revenue. The results beat Wall Street predictions and the Bethesda, Md.- based aerospace and defense contractor also raised its full-year profit and revenue predictions.
BALTIMORE-- A Maryland health advocacy group is releasing a study on the effects of tax increases on small cigars and smokeless tobacco products. The Maryland Health Care For All Coalition is releasing the study on Wednesday in Baltimore. The tax increases were approved this year.
BALTIMORE-- Financial services firm T. Rowe Price Group Inc. reported a better-than-expected 25 percent increase in third-quarter profit Wednesday, buoyed by stock-market gains that resulted in a big jump in revenue from investment advisory fees.
SILVER SPRING, Md.-- United Therapeutics Corp. said Tuesday that the U.S. Food and Drug Administration declined its application for an extended-release tablet version of its pulmonary arterial hypertension drug treprostinil.
PROVIDENCE, R.I.-- An auction of items from former Red Sox pitcher Curt Schilling's failed video game company has begun, with early bidders snatching up swords, lamps and even a wheelchair left behind when 38 Studios collapsed. Rhode Island lured 38 Studios from Massachusetts with a $75 million loan guarantee.
BALTIMORE-- A federal judge has ruled that Baltimore County's pension system discriminated against beneficiaries because older workers were required to pay more toward their retirement than younger workers. District Judge Benson Everett Legg agreed that the county system violated the Age Discrimination in Employment Act.
PORTLAND, Maine-- Southwest Airlines Co. says it will fly to Baltimore-Washington International Airport when it begins service next spring out of Portland, Maine. The airline says it will initially offer nonstop flights each day between Portland International Jetport and Baltimore-Washington when it starts flying out of Portland on April 14.
ROCHESTER, N.Y.-- Wegmans Food Markets Inc. says it's recalling a brownie mix after reports from two consumers about allergic reactions to undeclared milk in the product.
NEW YORK-- New York City Mayor Michael Bloomberg is poised to spend $500,000 of his personal fortune on gay marriage campaigns in Maine, Minnesota and Washington state, he said Monday, following up on a major political spending push the billionaire businessman-turned-politician announced last week.
BOSTON-- Shares of companies that own Medicare- supported health care facilities fell on Tuesday after an analyst reduced ratings on two of the stocks, citing the potential for cuts to the federal health program. Jefferies& Co. analyst Omotayo Okusanya cut his ratings of Ventas Inc. and Omega Healthcare Investors Inc. to "Hold" from "Buy."
CLEVELAND-- Unemployment rates fell last month in nearly all of the battleground states that will determine the presidential winner, giving President Barack Obama fresh fodder to argue that voters should stick with him in an election focused squarely on the economy.
NEW YORK-- The fungus found in tainted steroid shots matches the one behind the national meningitis outbreak that has killed 20 people, federal health officials said Thursday.
BALTIMORE-- A Maryland chicken farmer at the center of a pollution lawsuit that could affect the state's poultry industry said Thursday that the battle has been stressful for his family and has made him paranoid. Alan Hudson, who raises chickens for poultry giant Perdue, is being sued by a New York- based environmental group.
BALTIMORE-- Organizers of a weeklong commemoration of the War of 1812 in Baltimore's harbor say it drew more than 1.5 million visitors and generated $166 million in economic impact. Dozens of tall ships and naval warships from around the world traveled to Baltimore for June's "Star-Spangled Sailabration."
ROCKVILLE, Md.-- Shares of Novavax Inc. surged in premarket trading, after the company said an experimental vaccine for bird flu appeared safe and effective in early-stage testing. Novavax said preliminary results from two studies enrolling 666 adults showed no serious side effects related to the vaccine.
ROCKVILLE, Md.-- Nabi Biopharmaceuticals Inc. said Wednesday that its anti-smoking vaccine NicVAX failed in another clinical trial, as a combination of NicVAX and Pfizer's smoking-cessation pill Chantix was no better than Chantix alone in helping patients quit. Nabi has been developing the drug through a partnership with GlaxoSmithKline PLC.
JACKSON, Miss.-- A federal appeals court has upheld the more than 14- year sentence George Coe Jr. received for his role in a telemarketing scam case in Mississippi. Prosecutors said the scam netted tens of thousands of dollars from victims in California, Illinois, Kansas, Maryland, Michigan, Mississippi, New Hampshire and Vermont.
The Atlantic City Alliance, the new marketing arm of the casinos, says its multimillion-dollar advertising campaign shows people in New Jersey, New York, Pennsylvania and Baltimore, Md., are improving their perceptions of Atlantic City. That money is now being used to promote Atlantic City more aggressively than ever before.
BOSTON-- Investors, concerned about PNC Financial Services Group Inc.' s ability to grow profit amid record-low interest rates and increasing expenses, drove down the bank's shares Tuesday after its third-quarter results.