| Jun 28, 2014
| 6:20 AM
Whenever Baltimore-area companies sell themselves to out-of-state firms, economists and local leaders alike bemoan the loss. Another headquarters gone. Fewer corporate decision-makers here. Possible job cuts.
But Silicon Valley's deals for two...
| Jun 28, 2014
| 6:32 AM
Dozens of low-income middle schoolers at Baltimore's St. Ignatius Loyola Academy are getting a head start on money management, thanks to Legg Mason employees.
Volunteers from the Baltimore-based money management firm regularly visit the Jesuit boys'...
| Jun 30, 2014
| 4:11 PM
Baltimore-based investment firm T. Rowe Price closed one of its biggest mutual funds to new investors Monday, saying it is concerned about keeping pace with its rapid rate of growth.
The Capital Appreciation Fund, which invests about 60 percent in...
| Jun 18, 2014
| 10:30 AM
The concept of target date funds (TDFs) seemed like a swell idea when they were introduced in the 1990's. Beleaguered retirement plan participants no longer needed to put themselves through the head-scratching process of selecting the "correct" allocation...
| Jun 20, 2014
| 2:14 PM
Micros Systems Inc. plans to close on a $59.5 million purchase of its Columbia headquarters next month, according to a filing with the Securities and Exchange Commission.
The company, which supplies point-of-sale technology to the hospitality and...
| Jun 3, 2014
| 9:03 AM
The chief investment officer and chairman of T. Rowe Price will step down next year as portfolio manager of one of the company’s biggest investment funds.
Brian C. Rogers, who has managed the Equity Income Fund since its start in 1985, will remain...
| Aug 29, 2014
| 2:30 AM
What in the world would Gloria Steinem think?
That was my first reaction -- to call the famed women's rights activist -- after reading a new survey from the T. Rowe Price investment firm entitled "Boys and Girls Not Equally Prepared for Financial Future....
| Aug 7, 2014
| 6:30 PM
Mayor Stephanie Rawlings-Blake appointed two-term City Councilman William H. Cole IV on Thursday to lead the Baltimore Development Corp., the quasi-public agency charged with revitalizing the city.
The appointment came as BDC President Brenda McKenzie...
| Jul 30, 2014
| 9:45 AM
Here's what bothers me about the Ray Rice punishment: Don't we already have a criminal-justice system?
I agree entirely with Mike Preston ("NFL misses its chance to send a message, July 25) that "Men shouldn't be allowed to physically abuse women and...
| Mar 15, 2013
| 4:14 PM
Legg Mason Inc.'s stock, which has struggled to recover from the financial crisis, hit a new 52-week high last week.
It could be a harbinger of a turnaround at the Baltimore-based money manager. Or Legg shares simply may be riding the recent record-...
| Mar 8, 2013
| 4:30 PM
The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline.
When no deal was...