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Fla. man pleads in Greenbelt in sale of misbranded drugs

A Florida man pleaded guilty this week in U.S. District Court in Greenbelt to selling more than $2 million in misbranded drugs with intent to defraud. Gavin Burns Smith, 45, of New Port Richey, Fla, pleaded guilty in connection with ...

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Amazon opens its first bookstore as extension of website

  SEATTLE — Online retail giant Amazon opened its first brick-and-mortar bookstore on Tuesday, two decades after it began selling books over the Internet and helped drive a number of shops out of business. The Seattle store, Amazon Books, will ...

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Sikorsky’s $9B sale to Lockheed by United Tech set to close

FARMINGTON, Conn. — The chief financial officer of United Technologies Corp. says the $9 billion sale of Black Hawk helicopter maker Sikorsky to Lockheed Martin Corp. is set to close Friday. CFO Akhil Johri told industry analysts Tuesday that the ...

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Intrexon to reveal 3Q numbers Nov. 9

Germantown-based Intrexon Corporation announced Tuesday it will release third quarter 2015 financial results after the market closes Nov. 9. The company will not host a conference call this quarter because of Intrexon’s Investor Day, which is scheduled for Nov. 12, which ...

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American Capital closes $450M CLO equity fund

Bethesda-based American Capital Ltd. announced Tuesday that it has closed American Capital CLO Fund I, LP, its new $450 million fund focused on investing in equity tranches of collateralized loan obligations. The transaction further expands American Capital’s asset management business and increases ...

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Md. agencies to host entrepreneurial training summit

The Maryland Department of General Services and the Department of Transportation will host Maryland businesses at the Business Opportunities & Entrepreneurial Training Summit Nov. 10 from 8 a.m. to 5 p.m. at the Turf Valley Conference Center in Ellicott City. ...

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HomeFree-USA opens Baltimore office

HomeFree-USA, one of the nation’s leading HUD-approved community based homeownership and financial counseling organizations, announced Tuesday the grand opening of its new office in Baltimore and the launch of Move Up in Maryland, a program intended to reinvigorate West Baltimore by reclaiming neighborhoods that have been ...

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SANS to host security summit

Bethesda-based SANS announced Tuesday its annual Security Leadership Summit and Training event will take place Dec. 3-10 in Dallas. Security leaders in attendance will have the opportunity to network with CISOs, SANS experts and peers to gain an in-depth understanding of what ...

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Transamerica to sell division to John Hancock

Baltimore-based Transamerica Financial Advisors Inc., and John Hancock Financial Network Inc., a distribution channel of John Hancock, announced Tuesday that they have entered into a definitive agreement for John Hancock to acquire certain assets of TFA, a full service, independent ...

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Adams Funds launches new website

Adams Funds, a closed-end fund platform comprised of two of the nation’s oldest closed-end equity funds, Adams Diversified Equity Fund Inc. and Adams Natural Resources Fund Inc., announced Tuesday the launch of its new website www.AdamsFunds.com. The new website combines in one location information ...

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