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A Maryland company that focuses on open source software governance and security has received an $80 million investment.
Tagged with: fulton Howard County investment Sonatype Inc.
Read More »Maryland cyber firm Sonatype raises $80M
Md. university system to divest from some fossil fuels
The University System of Maryland Foundation says it will no longer directly invest in certain fossil fuel sources. Leonard Raley, president and CEO of the foundation, which oversees the system’s $1 billion endowment, tells The Baltimore Sun that they are concerned ...
Tagged with: Education fossil fuels investment
Read More »Retail Properties of America makes $27M Hagerstown investment
Retail Properties of America Inc. has purchased the Shoppes at Hagerstown for $27 million. The 113,000-square-foot retail property is currently 93 percent occupied and includes tenants such as Best Buy, Starbucks and Dollar Tree. “We are very pleased to start ...
Tagged with: investment maryland Retail Properties of America Inc.
Read More »Could Chinese investment boom come to Baltimore?
The Baltimore area isn’t necessarily a hot spot for Chinese investment. It wasn’t until June of 2014 that investors first took advantage of a 1990 law that creates what’s known as EB-5 when Oriental Dolphins, through its regional investment center’s subsidiary, loaned ...
Tagged with: Baltimore commercial real estate investment
Read More »Md. firm’s JV partner gets $7 million S. Korean investment
A Rockville-based pharmaceutical company is expecting to speed up development of an eye drop after its joint venture partner secured $7.28 million in South Korean investments. RegeneRx Biopharmaceuticals Inc. announced Monday that its partner and licensee, G-treeBNT Co. Ltd., will ...
Tagged with: investment RegeneRx Biopharmaceuticals south korea
Read More »Court: Franchisee can’t blame bank for bad investment
Don’t expect a bank to save you from yourself, the Court of Special Appeals said in rejecting a franchisee’s claim that Sandy Spring Bank negligently loaned him the money to invest in The Coffee Beanery Ltd. in Annapolis.
Tagged with: Annapolis bank franchisee investment loan Maryland Court of Special Appeals sandy spring bank
Read More »Legg Mason profit jumps 51 percent
Thanks in part to strategic acquisitions and restructuring efforts completed or announced over the past several months, Legg Mason Inc.’s net income jumped 51 percent during the quarter that ended June 30 compared to the comparable period last year.
Tagged with: assets under management Baltimore earnings investment Legg Mason
Read More »$12M available for biotech investors
State officials are continuing their efforts to make biotechnology big business in Maryland.
Tagged with: biotech investment Martin O'Malley maryland startup tax credits
Read More »1st Mariner sale closes, bank recapitalized
1st Mariner Bank announced Wednesday that it had closed the sale of the bank to a group of local investors.
Tagged with: 1st Mariner Bank investment maryland sale
Read More »Investors still waiting on Fed to make moves
When Federal Reserve officials gather this week and Fed Chair Janet Yellen speaks with reporters, investors will be seeking clues to two big questions:
Tagged with: economy news federal reserve investment
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