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Tag Archives: revenue

McCormick’s profit slips in 1st quarter

McCormick & Co. Inc., of Sparks, an international producer of spices, seasonings, flavorings and specialty foods, reported net income for its fiscal first quarter ending Feb. 29 of $74.5 million, or 55 cents per diluted share, versus $76.8 million, or ...

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Senate passes bill to expand gaming, add casino

ANNAPOLIS — The Maryland Senate has passed legislation to legalize table games such as blackjack and roulette and cleared the way for a 4,750 slot-machine casino in Prince George’s County. The measure, which passed 35-11 Tuesday, is the most significant ...

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Gay wedding bonanza?

ANNAPOLIS – John Stowell sees dollar signs when he thinks about gay marriage becoming legal in Maryland. Stowell, the director of sales and marketing at The Intercontinental Harbor Court hotel in the Inner Harbor, says the hotel’s reception hall is ...

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O’Malley pitches gas tax to legislative committees

ANNAPOLIS — Maryland Gov. Martin O’Malley warned that failing to enact his gas tax proposal could mean added costs to the state and more traffic congestion. O’Malley, a Democrat, testified before committees in the House of Delegates and Senate on ...

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EntreMed sees earnings, revenue drop

EntreMed Inc. of Rockville, a clinical-stage pharmaceutical company developing therapeutics for the treatment of cancer, reported fourth-quarter net income of $1 million, or 6 cents per diluted share, versus net income of $1.1 million, or 7 cents per diluted share, ...

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Small retailers don’t want tobacco tax hike

ANNAPOLIS – Raising tobacco taxes in Maryland may only force smokers across state lines, where neighboring states and Washington, D.C., impose lower levies, a lobbyist for small retailers told a Senate panel Wednesday. Senate Bill 526 would raise taxes on ...

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Board of Revenue Estimates notes drop in income tax revenue

ANNAPOLIS — Maryland’s Board of Revenue Estimates has revised state revenue projections downward by about $80 million for the current fiscal year and $50 million for the next one. The board released the new estimates Wednesday. The revisions are largely ...

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