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Southwest forecasts Q2 profit below estimates as higher fuel costs bite
Southwest Airlines forecast second-quarter earnings below Wall Street expectations and declined to update its full-year outlook.
Lockheed Martin Q1 profit falls as production delays weigh
Maryland-based Lockheed Martin reported a lower first-quarter profit, as high costs on fixed-price contracts and production slowdowns undercut its ability to cash in on soaring demand.
Netflix co-founder Hastings exits as streaming pioneer hunts for growth
Netflix Chairman Reed Hastings is quitting the streaming service he co-founded 29 years ago as the company searches for new avenues of growth.
Grocery Outlet closing 8 ‘underperforming’ stores in MD
California-based bargain retailer Grocery Outlet plans to shutter 36 “underperforming stores," including eight in Maryland.
Walmart to pay $100M to settle deceptive earnings charges, FTC says
Walmart agreed to pay $100 million to settle charges that it caused delivery drivers to lose tens of millions of dollars in earnings, the FTC said.
BGE parent Exelon sees strong 2026, tops quarterly estimates
BGE parent Exelon forecast full-year adjusted profit largely above analysts' expectations after beating fourth-quarter earnings estimates.
MD-based Marriott projects weak revenue growth on sluggish budget travel demand
Bethesda-based hotel operator Marriott International forecast 2026 room revenue growth below Wall Street estimates.
Under Armour lifts annual forecasts as reset strategy stems sales slide
Under Armour raised its annual forecasts after posting better‑than‑expected third‑quarter results on Friday.
Carlyle allays software fears, private-equity deals boost profit
Asset manager Carlyle Group, co-founded by Orioles owner David Rubenstein, slightly beat Wall Street estimates for fourth-quarter profit.
Northrop Grumman posts higher Q4 profit amid geopolitical uncertainty
Defense supplier Northrop Grumman, which has a strong presence in Maryland, posted higher fourth-quarter profit and revenue.
Verizon cutting 13,000 jobs as it works to ‘reorient’ entire company
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as it says it must “reorient” its entire company.
Bethesda-based Liquidity Services reports fiscal Q4 earnings
Bethesda-based Liquidity Services Inc. (LQDT) on Thursday reported earnings of $7.8 million in its fiscal fourth quarter.
