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Sinclair prices sale of common stock
Sinclair Broadcast Group Inc., of Hunt Valley, a diversified television broadcasting company, said it has priced an underwritten public offering of 18 million shares of common stock at $27.25 per share.
Big IPO for Baltimore tech firm Millennial Media
NEW YORK— Shares of Millennial Media nearly doubled in the mobile advertising company’s market debut Thursday, as the IPO market heats up this spring. Millennial’s quick ascent follows pasta maker Annie Inc.’s splash Wednesday. Shares jumped 89 percent in Annie’s debut, which had been the biggest opening day since jobs networking site LinkedIn Corp. went […]
Craig A. Thompson: Stories have the power to change lives
“The story I have, nobody could steal” Super Bowl XXII MVP Doug Williams Let me tell you a story. Those six words have captured our attention since our youth, and provided us with an initial reason to listen to whatever words followed. As we have grown, a fight for our attention has taken place. But […]
T Rowe Price raises quarterly dividend by 4 cents
Investment firm T. Rowe Price Group Inc. said Thursday its board declared a quarterly dividend of 31 cents, an increase of 4 cents, or 15 percent, from its previous dividend. The dividend is payable March 29 to stockholders of record at the close of business March 15. Company shares fell 6 cents to $70.43 in […]
Baltimore-based Metastorm to be acquired by Canadian firm
Canadian business software maker OpenText has entered into an agreement to buy Metastorm Inc., with the Baltimore-based software firm becoming a subsidiary. Metastorm stockholders will receive $182 million under the terms of the cash deal. A majority of the privately held company’s stockholders have already signed off on the deal. “We are excited by the […]
