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T. Rowe Price 2Q earnings rise, but miss estimates
Investment firm T. Rowe Price Group Inc. said Wednesday that its second-quarter net income rose almost 20 percent but operating expenses rose and assets under management fell during the quarter. […]
Md. casino revenue more than estimates for fiscal year
ANNAPOLIS — Maryland’s four casinos exceeded revenue estimates for the recently ended fiscal year by about 14 percent, according to numbers released by the Maryland Lottery on Friday. The casinos […]
2013 legislative session seen as business-friendly
Fresh off what top elected officials have called the most productive General Assembly session in memory, Gov. Martin O’Malley and the legislature’s presiding officers met Tuesday to celebrate the passage of numerous bills they say will spur economic development in Maryland.
State lowers revenue estimates
Weak sales and use tax receipts have contributed heavily to a downward revision of Maryland’s revenue estimates for the remainder of this fiscal year and the next.
State ups revenue estimates for FY ’13 and ’14
The Board of Revenue Estimates expects the state will generate a combined $161 million more than anticipated in fiscal years 2013 and 2014, a sign that the Maryland economy is growing.
U.S. corn estimate lowered to reflect harvest yields
DES MOINES, Iowa — The U.S. Department of Agriculture on Thursday slightly lowered its projection for the nation’s corn crop for a fourth straight month, reflecting worse-than-expected news about the […]
Facebook shares sink to new low after Q2 results
NEW YORK — Facebook’s stock hit a new low Friday after it reported lukewarm second-quarter results and didn’t give an outlook for the coming months. The stock fell $2.88, or […]
Omega Healthcare FFO, earnings rise
Omega Healthcare Investors Inc., of Hunt Valley, a real estate investment trust that invests in long-term care facilities, reported its fourth-quarter funds from operations, or FFO, available to common stockholders […]
Lockheed beats estimates, raises earnings guidance
Lockheed Martin Corp.’s profit slipped 10 percent in the second quarter as the aerospace and defense contractor dealt with severance pay matters and increased pension costs. But the company‘s results […]
NBC deal helps Comcast 1Q earnings beat estimates
NEW YORK — Comcast Corp., the country’s largest cable TV company, on Tuesday said earnings exceeded estimates for the first quarter, helped by healthy results both in its cable operations […]
Earnings of Daily Record parent fall short of estimates
Shares of The Dolan Company, parent of The Daily Record, fell more than 7½ percent Wednesday after the company announced fourth-quarter earnings that failed to meet analysts‘ estimates. Minneapolis-based Dolan […]
Revenue estimates for next two years go up
ANNAPOLIS — The state’s fiscal health is slowly improving, according to revenue estimates released Wednesday, but Gov. Martin O’Malley still predicts a year that “will feel a lot more painful […]
