WILMINGTON, Del. — RG Steel LLC says it is close to resolving differences with creditors over plans to sell the bankrupt steelmaker’s assets. RG Steel, the nation’s fourth-largest flat-rolled steel manufacturer, sought bankruptcy protection in Delaware last month, citing liquidity ...

Tagged with: assets Bankruptcy creditors Financing RG Steel sale Sparrows Point

RICHMOND, Va. — The Roomstore Inc. plans to sell its assets at an auction, including the inventory at its stores. The Goochland County-based retailer filed for Chapter 11 bankruptcy protection last December. It has asked a federal Bankruptcy Court judge ...

Tagged with: assets auction Bankruptcy bankruptcy court chapter 11 inventory stores

ATLANTA — A bankruptcy court hearing is scheduled on Tuesday in Atlanta for former Baltimore Ravens running back Jamal Lewis. Lewis filed for bankruptcy in April, listing $14.5 million in assets and $10.6 million in debts. The 32-year-old Lewis retired ...

Tagged with: assets baltimore ravens Bankruptcy chapter 7 cleveland browns concussions investments lawsuit

A spokeswoman for RG Steel says the company is considering selling steel mills in three states, including the Sparrows Point plant outside Baltimore. RG Steel spokeswoman Bette Kovach on Monday confirmed reports that potential buyers have expressed interest in acquiring ...

Tagged with: assets Baltimore laid off maryland mill RG Steel Sparrows Point steel workers

WASHINGTON — Retailers are paying significantly less every time a customer swipes a debit card under a rule capping the fees that banks are allowed to charge. The Federal Reserve says in a report Tuesday that the average fee paid ...

Tagged with: assets Banks debit cards federal reserve Fees merchants national retail federation prices Retail retailers

Baltimore-based Legg Mason Inc. said Tuesday that its fiscal fourth-quarter profit increased 10 percent as it cut expenses to offset the impact of lower stock and bond assets. Net income rose to $76.1 million, or 54 cents a share, in ...

Tagged with: assets bonds earnings expenses fourth quarter funds investors Legg Mason mark fetting profits revenue stock trading

With 2011 now over, a lot of us are looking at our holdings and assessing what worked well and what didn’t. There were Blue Chips that did phenomenally well — way better than we expected — and boosted our profitability. ...

Tagged with: assets Business fantasy football finance industry sean somerville

WASHINGTON — The largest U.S. banks must show how they would break up their assets if they were in danger of failing, under a rule approved Tuesday. The Federal Deposit Insurance Corp. voted to require banks with $50 billion or ...

Tagged with: assets bailout Bank of America Banks Citibank FDIC Federal Deposit Insurance Corp. home prices PNC Bank Recession republicans Richard Cordray Unemployment wall street

Sandy Spring Bancorp Inc. of Olney will acquire CommerceFirst Bancorp of Annapolis, and its subsidiary, CommerceFirst Bank, under a definitive agreement signed by the two companies that was announced Tuesday. Sandy Spring will pay approximately $25.4 million in stock and ...

Tagged with: acquisition assets Banks Sandy Spring Bancorp stock

WASHINGTON — Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, federal regulators reported Tuesday. The Federal Deposit Insurance Corp. said the ...

Tagged with: assets Bank of America Banks citigroup credit card earnings Federal Deposit Insurance Corp. JPMorgan Chase loans revenue wells fargo