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Profits, assets and hiring increase at T. Rowe Price
The number of employees at Baltimore asset manager T. Rowe Price Group Inc. increased 4 percent from the end of 2010 to the end of 2011, bringing the company almost […]
Severn Bancorp sees slight profit rise
Severn Bancorp Inc., of Annapolis, the parent company of Severn Savings Bank, reported first-quarter net income of $472,000, or zero cents per share, compared to net income of $447,000, or […]
Osiris’ fourth-quarter results improve
Osiris Therapeutics Inc., of Columbia, a biotechnology company that uses adult stem cell therapy to treat damaged tissue, reported fourth-quarter net income of $5 million, or 15 cents per diluted […]
Hanover-based Conmed reports strong fourth quarter
Conmed Healthcare Management Inc., of Hanover, a provider of health care services for correctional institutions, saw fourth-quarter profit and revenue increase as new contracts and a termination fee for a […]
Washington Post 4Q earnings down 22 percent
WASHINGTON — The Washington Post Co. on Friday reported a 22 percent drop in fourth-quarter net income. The media and education company reported net income of $61.7 million or $8.03 […]
Apple stock breaks $500 level, continuing rally
NEW YORK — Apple’s stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the […]
Colfax shows 4Q loss due to recent acquisitions
Colfax Corp., of Fulton, a manufacturer of industrial pumps and valves, reported a fourth-quarter net loss of $16.1 million, or 37 cents a share, compared with net income of $8.7 […]
W.R. Grace 4Q profit jumps 29 pct as prices rise
W.R. Grace & Co. on Wednesday said that its fourth-quarter profit rose 29 percent, driven by higher prices and sales volume. The Columbia-based chemical maker said net income rose to […]
Lower government spending shrinks Lockheed 4Q profit
Lockheed Martin Corp. said Thursday its fourth-quarter profit dropped 29 percent, as lower government spending reduced revenue at most of its businesses. The aerospace and defense contractor reported net income […]
McCormick & Co. 4Q net income falls, revenue up
Spice maker McCormick & Co.’s net income dipped 1 percent in its fiscal fourth quarter, weighed down by transaction costs related to an acquisition and joint venture. The Sparks-based company […]
McDonald’s 4Q net income jumps 11 percent
NEW YORK — McDonald’s says net income rose by 11 percent in the fourth quarter as the world’s largest burger chain continues to attract budget-conscious customers. Net income of $1.38 […]
Wells Fargo net rises on deposits, lending growth
NEW YORK — A steadier mortgage business, higher commercial lending and an increase in deposits lifted Wells Fargo & Co.’s fourth-quarter profit by 20 percent. The San Francisco-based bank reported […]
