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Gap back in style as 1Q profit jumps 43 percent
NEW YORK — After years of struggle, Gap is back in style. Gap Inc., which owns The Gap, Old Navy and Banana Republic clothing chains, on Thursday reported a 43 […]
Dell’s 1Q earnings fall 79 pct as PC sales sag
ROUND ROCK, Texas — Dell’s first-quarter earnings plunged 79 percent as the shift to smartphones and tablets reduced demand for the company’s personal computers. The dismal performance announced Thursday actually […]
Synthetic Biologics reports larger loss
Synthetic Biologics Inc., of Rockville, which develops and commercializes medicines for the treatment of serious infectious diseases, reported its first-quarter net loss totaled $2.2 million, or 5 cents per diluted share, compared with a net loss of $1.2 million, or 4 cents per diluted share, for the year-ago period.
Rockville-based EntreMed cuts loss in first quarter
EntreMed Inc., of Rockville, a clinical-stage pharmaceutical company developing drugs for the treatment of cancer, reduced its net loss in the 2013 first-quarter, reporting a loss of $1.1 million, or 5 cents per diluted share versus a net loss of $2.5 million, or 23 cents per diluted share, for the same period last year.
GSE Systems reports loss, lower revenue
GSE Systems Inc., of Sykesville, reported a first-quarter net loss of $1.2 million, or 6 cents per diluted share, on revenue of $12.4 million, versus net income of $530,000, or 3 cents per diluted share, on revenue of $13.4 million in the prior-year period.
1st Mariner sees money-losing quarter
After reporting profitability for several consecutive quarters, Baltimore-based 1st Mariner Bancorp, parent company of financially struggling 1st Mariner Bank, posted a money-losing first quarter of 2013.
DiamondRock’s FFO rises in 1st quarter
DiamondRock Hospitality Inc., of Bethesda, a real estate investment trust that owns 27 upscale and luxury hotels, said first-quarter funds from operations — a key measure of a REIT’s financial performance —totaled $26.8 million, compared to $25.5 million for the same period in 2012, a rise of nearly 5 percent.
Chindex sees improved quarterly results
Chindex International Inc., of Bethesda, reported a decreased first-quarter loss.
Retailers report modest gains for April
NEW YORK — Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and […]
Discovery’s 1Q revenue tops forecasts
Buoyed by strong growth at its international networks, Silver Spring-based Discovery Communications Inc. reported first-quarter financial results that outpaced Wall Street’s forecast for revenue, but fell short on net earnings.
With debut of table games, a record month for Md. casinos
With dice rolling and cards being shuffled for the first time at Maryland’s largest commercial casino, statewide gambling revenue ticked up to $59 million in April, a new record that may also have indicated the evolving market has started to settle.
U.S. casino revenue up nearly 5 percent in 2012
ATLANTIC CITY, N.J. — Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. […]
