Quantcast

Author Archives: Staff and Wire Reports

Medifast Inc. quarterly sales top $46M

Medifast Inc., of Owings Mills, a provider of dietary supplements and weight-control programs, said its fourth-quarter per-share profit increased 200 percent, as it recorded strong growth across its distribution segments. The company reported net income of $3 million, or 21 ...

Read More »

Bavar Properties Group leases building to Neustar

Bavar Properties Group, a Timonium-based commercial real estate company, said it leased an entire, 92,000-square-foot building that it developed in Sterling, Va., to a telecommunications clearinghouse. Neustar Inc., a publicly traded provider of clearinghouse services to the global communications and ...

Read More »

Baltimore Jewish group launches data project

The ASSOCIATED: Jewish Community Federation of Baltimore has retained Ukeles Associates Inc., a New York City-based policy research and planning consulting firm, to coordinate a massive data-collection project examining the Greater Baltimore Jewish community. The purpose is to inform planning ...

Read More »

GP Strategies swings to 4Q profit

GP Strategies Corp., of Elkridge, a provider of training, e-learning, management consulting, engineering and technical services, reported earning $2 million, or 13 cents per diluted share, in the fourth quarter of 2009, a turnaround from its net loss of $931,000, ...

Read More »

Maryland transit gets $16M funding boost

The Maryland Transit Administration received more than $16 million from the U.S. Department of Transportation to improve MARC Commuter Rail, Howard Transit, Connect-A-Ride and Western Anne Arundel County transit services, Maryland’s two U.S. senators announced. MARC was awarded $6.8 million ...

Read More »

Sourcefire sales to government boost profit

Sourcefire Inc., of Columbia, a developer of network security technology, reported fourth-quarter net income of $6.7 million, or 23 cents per diluted share, versus net income of $2.3 million, or 8 cents per diluted share, for the year-ago period. Adjusted ...

Read More »

CapitalSource shaves 4Q loss

CapitalSource Inc., of Chevy Chase, a commercial lender to middle-market businesses, reported a fourth-quarter net loss of $244 million, or 76 cents per share, compared with a net loss of $301 million, or $1.08 per share, in the 2008 period. ...

Read More »

Md. bond sale reaps $8.6M in savings

Maryland saved $8.6 million in debt service by refinancing bonds sold to fund capital improvement projects, the Maryland State Treasurer’s office announced. At the Board of Public Works meeting Wednesday, state officials sold $195.3 million in tax-exempt refunding bonds and ...

Read More »

Merritt Properties releases iPhone application

Merritt Properties LLC said it has made its portfolio available as an application on the Apple iPhone. The release, the first by Woodlawn-based commercial real estate developer, makes Merritt’s 16 million square feet of commercial real estate easily accessible to ...

Read More »