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Investment Service

A collection of news and information related to Investment Service published by this site and its partners.

Top Investment Service Articles

Displaying items 34-44
  • Investment outlook for 2013 clouded by uncertainty

    Usually by early December, investment professionals have mapped out their outlook for the next year. But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...
  • New CEO named for Adams Express and Petroleum & Resources funds

    Mark E. Stoeckle has been named CEO of Baltimore-based Adams Express Co. and Petroleum & Resources Corp., replacing Douglas G. Ober, who last year announced his intention to retire. Stoeckle, 56, has been the chief investment officer of the U.S. Equities...
  • Former Constellation CEO Shattuck retires from Exelon — but remains on its board

    Former Constellation CEO Shattuck retires from Exelon — but remains on its board
    Mayo A. Shattuck III, who coordinated the sale of two Baltimore institutions to out-of-state concerns and ran the region's power company for a volatile decade, has retired from the parent of Baltimore Gas and Electric Co. Chicago-based Exelon Corp. didn'...
  • County treasurer targets contributions to school bond campaigns

    Financial underwriters who want to do business with the County of Los Angeles must agree not to give political donations to school bond campaigns under new rules adopted this month by government finance officials. Because Los Angeles County is by far...
  • California to get $750 million in energy crisis settlement

     California to get $750 million in energy crisis settlement
    SACRAMENTO — A Canadian power company will pay California electricity ratepayers $750 million to settle allegations that it bought electricity from the state and then sold it back at a huge markup during the energy crisis of 2000 and 2001. The...
  • City poised to grant job-creation extension to Morgan Stanley

    City poised to grant job-creation extension to Morgan Stanley
    In return for the promise to bring another 650 jobs to Baltimore, city leaders are poised on Wednesday to give financial services giant Morgan Stanley more time to meet the terms of a $3.25 million loan forgiveness program. The Board of Estimates vote...
  • L.A. landlord Thomas Properties will be sold to Florida REIT

    L.A. landlord Thomas Properties will be sold to Florida REIT
    Los Angeles commercial landlord Thomas Properties Group Inc., which revived downtown's massive City National Plaza, is fading from the local landscape. The company has agreed to be sold to Parkway Properties Group Inc., a real estate investment trust...
  • BofA, Alcoa and HP are ousted from Dow Jones index

    NEW YORK — The stock market's all-star team has some new players. Leaving the Dow Jones industrial average is aluminum giant Alcoa Inc., computer-maker Hewlett-Packard Co. and financial behemoth Bank of America Corp. Joining the index of 30 blue-...
  • Memories of the financial crisis, five years later

    Memories of the financial crisis, five years later
    The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit. The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
  • Ex-KPMG partner was sting target

    It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal took place over coffee at a Starbucks in the San Fernando Valley, where the accountant at the center of the case was set up by his longtime friend. Scott London...
  • Elkridge apartment complex sells for $44.1 million

    Elkridge apartment complex sells for $44.1 million
    An Elkridge development of 208 apartments sold Tuesday for $44.1 million to a Los Angeles-based investment group, the brokerage firm handling the deal announced. JRK Investors Inc. will own and manage Belmont Station, said Jeff Coles, senior broker with...