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McCormick will spice up Harbor

BY: Maria Zilberman
POSTED: February 7, 2012
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When McCormick and Co. Inc. ventures into retail this summer, launching its first store at the Light Street Pavilion at Harborplace, the longtime local icon will bring with it a glimpse of Poland, Canada and France.
Though McCormick is still finalizing what will be sold in the store, Kathleen Haley, the company’s director of global branding [...]


Omega Healthcare FFO, earnings rise

BY: Daily Record Staff
POSTED: February 7, 2012
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Omega Healthcare Investors Inc., of Hunt Valley, a real estate investment trust that invests in long-term care facilities, reported its fourth-quarter funds from operations, or FFO, available to common stockholders rose to $46.3 million or 45 cents per diluted share, on revenue of $76.3 million, compared to FFO of $28.4 million or 29 cents per [...]


Colfax shows 4Q loss due to recent acquisitions

BY: Associated Press
POSTED: February 7, 2012
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Colfax Corp., of Fulton, a manufacturer of industrial pumps and valves, reported a fourth-quarter net loss of $16.1 million, or 37 cents a share, compared with net income of $8.7 million, or 20 cents a share, in the prior-year period.
Excluding one-time charges, earnings would have totaled 40 cents per share, below analysts’ forecasts of 45 [...]


Downtown Baltimore’s Holiday Inn changes hands

BY: Daily Record Staff
POSTED: February 7, 2012
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The Procaccianti Group, a Providence, R.I.-based, privately held, real estate investment and management company, announced that it has completed the acquisition of the Holiday Inn Baltimore Inner Harbor.
The 365-room hotel at 301 W. Lombard St. is close to the Inner Harbor, the National Aquarium, downtown business district, the Baltimore Convention Center, professional baseball and football [...]


D.C. wax museum adds Harriet Tubman to collection

BY: Jon Sham
POSTED: February 7, 2012
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WASHINGTON — Descendants of famed abolitionist Harriet Tubman have unveiled a wax statue of the woman who led hundreds of slaves to freedom at The President’s Gallery by Madame Tussauds in Washington.
Tubman’s great-great-great-grand-nephew Charles E.T. Ross and Tubman’s great-great-grand-niece Valery Ross Manokey visited the wax museum Tuesday with eight others as the statue joins a [...]


McCormick to launch first retail store at Inner Harbor

BY: Maria Zilberman
POSTED: February 7, 2012
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Sparks-based McCormick and Co. Inc. is venturing into retail, launching its first store this summer in the Light Street Pavilion at Harborplace.
The “McCormick World of Flavors” 3,800-plus square foot-center will showcase the company’s products as well as hold cooking demonstrations by McCormick’s chefs and celebrity chefs using the firm’s products. There will be a gift [...]


Delaware company focused on rebates goes global

BY: Associated Press
POSTED: February 7, 2012
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BRANDYWINE HUNDRED, Del. — A Delaware business group, grown on high-tech innovations to ease customer frustrations with mail-in rebates, is taking its nationwide service area to the global level.
The Ohana Companies of Brandywine Hundred, focused on Internet-based rebates and marketing, has acquired Rebate Delivery LLC of Atlanta, an electronic rebate provider serving software companies worldwide. [...]


Ocean City tourism director resigns after 6 years

BY: Associated Press
POSTED: February 7, 2012
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OCEAN CITY — Ocean City’s tourism director has announced she is resigning after six years on the job.
The Daily Times of Salisbury reports that Deborah Turk offered her resignation to town officials on Monday night. Turk is leaving to take da position as a sales manager for Comcast Corporation.
Turk will continue to work for the [...]


Movers & Shakers, 2/7: Jones to lead KatzAbosch Consulting

BY: Wayne Countryman
POSTED: February 7, 2012

Andrew Jones

Andrew Jones has been hired to lead KatzAbosch Consulting LLC, a new wholly-owned subsidiary of KatzAbosch, a certified public accounting and consulting firm based in Timonium. Jones is a Chartered Accountant, Certified Information Systems Auditor and a Certified Government Financial Manager. He previously started Manpower Public Sector Inc., where he was vice president and managing [...]


Official says bankruptcy a possibility for Harrisburg

BY: Associated Press
POSTED: February 6, 2012
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HARRISBURG, Pa.— The state official in charge of figuring out how to fix an enormous financial shortfall in Pennsylvania’s capital city said in a proposed recovery plan released Monday that “significant and difficult” steps lie ahead, and Harrisburg may end up seeking bankruptcy protection.
Receiver David Unkovic, appointed by Gov. Tom Corbett in November, said he [...]


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A worker removes holiday decorations high above Hamilton Avenue on Friday in Baltimore City. (The Daily Record/Maximilian Franz)[More..]