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Utz to return to private ownership in $2.9B deal
Utz, Hanover's iconic snack food company, is returning to private ownership following a nearly $3 billion partnership with a European snack manufacturer.
Bethesda pharma firm India Globalization Capital raises $1M
India Globalization Capital Inc., a cannabis pharmaceutical business and infrastructure business based in Bethesda, recently raised $1 million from a Hong Kong investment fund.
Md. REIT rings NYSE bell on Friday to celebrate listing
A Maryland firm rang the New York Stock Exchange‘s ceremonial bell on Friday to signal the start of trading. Representatives of Condor Hospitality Trust Inc. of Bethesda rang the bell to […]
Medifast to offer sports nutrition line, rings bell at NYSE
Medifast is moving into the “sports nutrition space” this year by offering a line of shakes and bars, said Chairman and CEO Michael MacDonald. Owings Mills-based Medifast will be partnering […]
Glitch halts trading on NYSE; other exchanges unaffected
NEW YORK — The New York Stock Exchange stopped trading in the late morning Wednesday because of a technical issue, though shares continued to trade on other exchanges. U.S. indexes […]
Appeals court deals blow to U.S. in insider trading cases
A federal appeals court dealt a blow to the government's success in insider trading prosecutions Wednesday by reversing two convictions with a decision that also jeopardizes a third — and attempts to further define how far prosecutors can push the law in their quest to clean up Wall Street.
Alibaba shares surge in debut on NYSE
Alibaba's stock is rising 36 percent in the Chinese e-commerce powerhouse's debut as a publicly traded company.
Alibaba seeks to raise up to $24.3B in IPO record
China's Alibaba Group is seeking to raise up to $24.3 billion in its upcoming IPO — an amount that would be the most raised by a company in a stock market debut.
Universal Security warned by NYSE
Universal Security Instruments Inc., of Owings Mills, said it received a letter from the New York Stock Exchange warning that it faces disciplinary action for failing to comply with the exchange’s listing standards governing filing of financial reports.
U.S. companies post most jobs in 7 years in May
U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.
U.S. employers add 217K jobs; rate stays at 6.3 pct
U.S. employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
Is hot market for IPOs cooling?
A hot market for initial public offerings may soon face a cooler reception from investors.
