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Top News & Analysis Maryland

  • Aug 1- Under Armour Inc's shares hit a record low after it trimmed its full-year sales forecast, and said it would cut 2 percent of its workforce and shutter facilities amid fierce competition in North America. Shares of Under Armour, which has been ceding market share to Nike Inc and Germany's Adidas AG in North America, fell about 10 percent to $16.27 on Tuesday.

  • Shares of Under Armour, which has been ceding market share to Nike Inc and Germany's Adidas AG in North America, fell 6 percent to hit a record low. While brands like Nike, Adidas and Puma are thriving from retro revivals and casual looks, UA has struggled to develop an appealing shoe, " Jane Hali, CEO of retail investment research firm Jane Hali& Associates LLC, wrote in a...

  • AWARDED SEABED LEASES Massachusetts- Vineyard Wind: Avangrid- Bay State Wind: Danish former oil major DONG Energy, New England ultility Eversource- Cape Wind: Boston- based Energy Management Inc.- Deepwater Wind Energy Center: Deepwater Wind. Maryland- Skipjack: Deepwater Wind- Maryland Project: US Wind New York- New York Wind Energy Area: Statoil.

  • Late entrants to the offshore wind game in Europe, which began with a project off Denmark 25 years ago and is now approaching maturity, they are looking across the Atlantic at what they view as a huge and potentially lucrative new market. Norway's Statoil has won a licence to develop a wind farm of the New York coast, is marketing its new floating turbine to...

  • President Donald Trump speaks during a lunch meeting with Senate Republicans to discuss healthcare at the White House in Washington, July 19, 2017.

    U.S. President Donald Trump will sign legislation that imposes sanctions on Russia, the White House said on Friday.

  • President Donald Trump will sign legislation that imposes sanctions on Russia, the White House said on Friday, after Moscow ordered the United States to cut hundreds of diplomatic staff and said it would seize two U.S. diplomatic properties in retaliation for the bill. The U.S. Senate had voted almost unanimously on Thursday to slap new sanctions on Russia,...

  • *Russia hits back after U.S. Senate sanctions vote. President Donald Trump will sign legislation that imposes sanctions on Russia, the White House said on Friday, after Moscow ordered the United States to cut hundreds of diplomatic staff in retaliation for the measures and said it was seizing two U.S. diplomatic properties. The legislation was in part a response...

  • *Russia hits back after U.S. Senate sanctions vote. MOSCOW, July 28- Russia on Friday ordered the United States to cut hundreds of diplomatic staff in retaliation for a new round of U.S. sanctions, and said it was seizing two U.S. diplomatic properties. The legislation was in part a response to conclusions by U.S. intelligence agencies that Russia meddled in the 2016...

  • NEW YORK, July 28- A U.S. judge on Friday said investors may pursue part of their nationwide antitrust lawsuit accusing 12 of the world's biggest banks of conspiring to rig the $275 trillion market for interest rate swaps. District Judge Paul Engelmayer in Manhattan said 11 of the banks, including Bank of America Corp and JPMorgan Chase& Co, must defend against...

  • MOSCOW, July 28- Russia on Friday ordered the United States to cut hundreds of diplomatic staff in retaliation for a new round of U.S. sanctions, and said it was seizing two U.S. diplomatic properties. Moscow's decision, which had echoes of the Cold War, was announced by the Foreign Ministry a day after the U.S. Senate overwhelmingly approved new sanctions on Russia.

  • *Russia hits back after U.S. Senate sanctions vote. MOSCOW, July 28- Russia on Friday ordered the United States to cut hundreds of diplomatic staff in retaliation for a new round of U.S. sanctions, and said it was seizing two U.S. diplomatic properties. Moscow's decision, which had echoes of the Cold War, was announced by the Foreign Ministry a day after the U.S. Senate...

  • Seven other senators are co-sponsoring it: Ben Cardin of Maryland, Kamala Harris of California, Richard Blumenthal of Connecticut, Cory Booker of New Jersey, Kirsten Gillibrand of New York, Richard Durbin of Illinois and Ed Markey of Massachusetts. The EPA considered whether to ban it for roughly a decade before Trump appointed EPA Administrator Scott Pruitt, a...

  • Seven other senators are co-sponsoring it: Ben Cardin of Maryland, Kamala Harris of California, Richard Blumenthal of Connecticut, Cory Booker of New Jersey, Kirsten Gillibrand of New York, Richard Durbin of Illinois and Ed Markey of Massachusetts. The EPA considered whether to ban it for roughly a decade before Trump appointed EPA Administrator Scott Pruitt, a...

  • Seven other senators are co-sponsoring it: Ben Cardin of Maryland, Kamala Harris of California, Richard Blumenthal of Connecticut, Cory Booker of New Jersey, Kirsten Gillibrand of New York, Richard Durbin of Illinois and Ed Markey of Massachusetts. The EPA considered whether to ban it for roughly a decade before Trump appointed EPA Administrator Scott Pruitt, a...

  • LONDON, July 19- U.S. spices maker McCormick& Co Inc has won the battle to buy Reckitt Benckiser Group's North American food business, paying a higher than expected $4.2 billion to add extra seasonings and sauces. London- listed Reckitt said in April it was reviewing options for the unit, which includes French's mustard and Frank's RedHot sauce, to cut debt...

  • *Genoa- base group confirms 2017 guidance. MILAN, July 19- Italian rail-signalling company Ansaldo STS is looking for small acquisitions to offset a sector slowdown though it sees no quick solution to its row with activist funds holding almost a third of the group, its chief executive told Reuters. Owned by U.S. hedge fund manager Paul Singer, Elliott is vocal in...

  • LONDON, July 19- U.S. spices maker McCormick& Co Inc has won the battle to buy Reckitt Benckiser Group's North American food business, paying a higher than expected $4.2 billion to add extra seasonings and sauces. London- listed Reckitt said in April it was reviewing options for the unit, which includes French's mustard and Frank's RedHot sauce, to cut its debt...

  • WASHINGTON, July 19- Advocacy groups launched petitions and sent letters on Wednesday urging two of the biggest U.S. public pension funds to divest from an investment fund unless it stops paying one of President Donald Trump's companies to run a New York hotel. Reuters reported on April 26 that public pension funds in at least seven U.S. states periodically send...

  • July 18- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, on Tuesday reported better-than-expected quarterly profit and said it expects increased defense spending under U.S. U.S. demand for F-35 jets has increased with the Pentagon announcing on July 10 that it would add 13 jets to its planned purchase of F-35s, but a detailed delivery schedule was...

  • July 18- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, on Tuesday reported a better-than-expected quarterly profit, helped by higher sales of its F-35 fighter jets, and nudged its full-year profit forecast higher. The Pentagon announced on July 10 that it would add 13 jets to its planned purchase of F-35s, but a delivery schedule was not released.