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Author Archives: Staff and Wire Reports

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 ...

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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. ...

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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 ...

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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 ...

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Mobile ad firm Millennial Media to acquire TapMetrics

Millenial Media Inc., a developer of mobile advertising, said it will acquire TapMetrics, a San Francisco-based mobile analytics firm. TapMetrics’ software suite provides detailed analytics to help mobile phone application developers better manage their sales and revenue. Baltimore-based Millenial Media ...

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Builder told to pay $290K

Home at Last LLC, an Upper Marlboro-based home builder, has been ordered by the state’s Consumer Protection Division to pay $290,000 in restitution and penalties for failing to build homes paid for by consumers. The company and its principal, Jacquelyn ...

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A Monster of a deal

Alkane Inc., of Lutherville, a manufacturer and distributor of alternative fuels and additives for motor vehicles, said it signed a sponsorship deal with JD Motorsports LLC to feature its Monster Diesel product name on a race car in at least ...

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