1st Mariner Bank will remain in local hands after a last-minute deal Tuesday resulted in a reopened auction and the initial winning suitor withdrew.
Tagged with: 1st Mariner Bank Banks business news First Mariner maryland
Read More »April 15, 2014 1 Comment
1st Mariner Bank will remain in local hands after a last-minute deal Tuesday resulted in a reopened auction and the initial winning suitor withdrew.
Tagged with: 1st Mariner Bank Banks business news First Mariner maryland
Read More »April 15, 2014 Comments Off on World Relief, German nonprofit to link
World Relief, of Baltimore, the humanitarian arm of the National Association of Evangelicals, and Partner Aid, a German nonprofit that provides humanitarian aid in six countries in North Africa and Asia, announced that they will join together under the World Relief name.
Tagged with: Baltimore business news maryland Nonprofit
Read More »April 15, 2014 Comments Off on Bubbles burst: Coke’s global soda sales drop
Coca-Cola, the world's biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years.
Tagged with: business news Coca Cola Retail sales
Read More »April 14, 2014 Comments Off on Higher bid roils Chindex buyout offer
Chindex International Inc., of Bethesda, a provider of Western health care products and services in China, said it has received a higher bid for the company than one made in February by a group consisting of a Shanghai-based pharmaceutical maker, a private equity group and Chindex’s current CEO.
Tagged with: bethesda business news maryland mergers and acquisitions
Read More »April 14, 2014 Comments Off on Is hot market for IPOs cooling?
A hot market for initial public offerings may soon face a cooler reception from investors.
Tagged with: business news economic news ipo New York Stock Exchange stock market
Read More »April 14, 2014 Comments Off on Solar energy provider Vivint to expand presence in Maryland
Vivint Solar Inc., a residential solar energy provider that currently employs over 100 people at its branch office in Beltsville, announced it will hire another 85 in the North Baltimore and Frederick areas.
Tagged with: business news Energy hiring maryland Solar Power
Read More »April 14, 2014 Comments Off on Md. insurance administrator acquired
Selman & Co., a Cleveland, Ohio-based insurance administrator, announced it has acquired the business and assets of Association & Society Insurance Corp., of Rockville, a third-party administrator of Tricare Supplement insurance plans.
Tagged with: breaking news business news Insurance maryland
Read More »April 13, 2014 Comments Off on Golf course owners recover from slump
Oil executive Ben Kenny has spent two and a half years and $24 million improving his golf course along the banks of the Chattahoochee River, adding lakes, streams, a new putting green and driving range.
Tagged with: business news economic news golf course
Read More »April 13, 2014 Comments Off on Producer price index shows that inflation remains tame
The prices companies receive for their goods and services jumped in March, led by gains for food, clothing, jewelry and chemicals.
Tagged with: business news inflation services
Read More »April 12, 2014 Comments Off on Zoe’s Kitchen has strongest debut among IPOs
A Mediterranean-style restaurant chain, a maker of animal nutritional supplements and the owner of natural gas and oil pipelines rose in their stock market debuts Friday.
Tagged with: business news ipo New York Stock Exchange stock market
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