| Jul 23, 2013
| 3:32 PM
Legg Mason Inc. announced the appointment of Dennis M. Kass, an independent director and former CEO, as its new chairman during the annual shareholders meeting Tuesday.
Kass, 62, joined the board of the Baltimore-based money manager in April and replaces...
| Jul 21, 2013
| 9:18 PM
Sinking money into real estate investment trusts is considered to be one of Wall Street's most complex investments.
Owning shares of REITs gives investors an opportunity to get investment exposure to real estate, including apartments, shopping centers...
| Jul 29, 2013
| 4:30 PM
The acquisition of Digital Domain 3.0 Saturday by a Hong Kong-based scrap-trading company is in reality just the public face of a complex, long-gestating deal financed by a mysterious Chinese investor whose name is rarely uttered by his associates and...
| Jun 24, 2013
| 6:09 PM
When reports surfaced that Jos. A. Bank Clothiers Inc. had bid for a designer jeans maker, CEO R. Neal Black said the company's board decided it had to go public with plans to pursue potential acquisitions.
While the Hampstead-based men's apparel...
| Oct 7, 2012
As pay raises go, it's hard to beat a fivefold increase.
That's the jump Hunt Valley-based Omega Healthcare Investors' CEO saw in compensation last year. After getting a thumbs down for its executive pay from a shareholder advisory firm, the company told...
| Aug 2, 2012
| 2:41 PM
Florida is back in the top 10 states for winning venture capital investment with South Florida enjoying half the money, according to Florida Chief Financial Officer Jeff Atwater.
From April to June, $94.8 million was invested in 11 business ventures in...
| Aug 10, 2012
| 2:59 PM
Albert C. Haeger, a veteran customhouse broker and freight forwarder who owned and operated the old William H. Masson Inc. brokerage, died Aug. 3 of pancreatic cancer at his Bel Air home. He was 85.
The son of a merchant marine engineer and a homemaker,...
| Oct 22, 2012
To say that Chicago-based luxury hotel investor Laurence Geller is captivated by all things Winston Churchill is something of an understatement.
As chairman of the Churchill Centre, a not-for-profit dedicated to preserving the legacy of the iconic...
| Jan 28, 2013
| 6:12 PM
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...
| Jan 21, 2013
| 2:54 PM
Uncertainty over the economy contributed to a nearly 27 percent drop last year in venture capital funding for young companies in Maryland, Washington and Northern Virginia, the first decrease since 2009, according to a new report from...
| Dec 28, 2012
| 7:53 PM
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...