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As stock market breaks records, Legg Mason Inc.'s shares hit yearly high
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-...
Tags: Legg Mason, Inc., Economy, Business and Finance, Stock Market, T. Rowe Price, Finance
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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'...
Tags: Mayo A. Shattuck III, Companies and Corporations, Deutsche Bank AG, Energy, Banking
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Sooner or later, bear market will growl back
Could it happen again? Could your retirement plans end up in shambles, and your college savings tattered? As investors see the stock market repeatedly climbing to new records lately, some people want to know that they will be safe this time. They'd...Tags: Financial Planning, Economy, Business and Finance, Stock Market, Finance
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Hostess Finds Savior In Greenwich Billionaire
Dean Metropoulos may not be a household name, but the food industry veteran's reach extends from the pantry to the refrigerator to the freezer. Metropoulos, who works with his sons Daren and Evan, has teamed up with longtime partner Apollo Global...
Tags: Greenwich, Companies and Corporations, Blackstone Group, L.P., Economy, Business and Finance, Consumer Goods Industries
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Exchange-traded funds gain on traditional mutual funds
In the early 1990s, executives of the now-defunct American Stock Exchange hatched a revolutionary idea: a hybrid mutual fund-type investment that would trade like a stock. But in an era when hot-handed mutual fund managers had rock-star status, the...
Tags: Harrisburg (Dauphin, Pennsylvania), Financial and Business Services, 401K, Charles Schwab, Investments
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Applying a steady hand as 'private-sector' colleges face scrutiny
Daniel Hamburger is quick to whip out his business card. One side of the card is standard — white background, corporate logo, contact information for the headquarters in Downers Grove. The flip side is dramatic, painted ripe-tomato red with...
Tags: Companies and Corporations, Graduation, Science and Technology, MSNBC (tv network), CNBC (tv network)
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Legg Mason reports loss of nearly $454 million
Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets. On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...
Tags: Legg Mason, Inc., Corporate Officers, Companies and Corporations, Quarterly or Semiannual Financial Statements, Citigroup Incorporated
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MarksJarvis: 'Just trust me' allure of hedge funds gives way to 'buyer beware'
The magic is gone … the infatuation over. Wealthy investors who thought a few years ago that brainy hedge fund managers would show them the money have shed their rose-colored glasses. Individuals are no longer enamored with the funds, and for...
Tags: Bernard Madoff, Credit Ratings, Mutual Funds, Economy, Business and Finance, Stock Market
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Possible winter changes shoveled to the back burner by Pa. council
waynesboro@herald-mail.comChanging regulations about shoveling and sledding in the Borough of Waynesboro likely will not go into effect this winter. The Waynesboro Borough Council on Wednesday tabled its decisions about sledding at Memorial Park and fines for sidewalks that...Tags: Fines, Washington, DC, Punishment, Waynesboro (Waynesboro, Virginia)
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Rosenthal: Who will lead office-supply tango?
"Dancing is not my forte," OfficeMax Chief Executive Ravi Saligram said on an analyst call with Office Depot CEO Neil Austrian to discuss the merger of the office supply retailers. "Notwithstanding this, I joined Fred Astaire Dance School, and lo and...Tags: Companies and Corporations, Office Depot Inc., Boca Raton, Sales, Business
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Never too early to plan for college expenses
Look at your cute baby, and imagine the little tyke wearing a high school cap and gown about 17 years from now. Picturing the child holding a diploma, when he or she can't even hold a rattle yet, is probably next to impossible. But that day will come....
Tags: Tuition Planning Services, Students, David Letterman, Colleges and Universities, Academic Progress
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Sullivan named Legg Mason CEO and president
Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might be headed for a breakup that could have been bad news for the city. After a worldwide search for a new leader, Legg announced Wednesday...
Tags: Prudential Financial Incorporated, Companies and Corporations, Real Estate Buyers, Harbor, Prices
Mar 15, 2013
|Story| Baltimore Sun
Mar 15, 2013
|Story| Baltimore Sun
Mar 15, 2013
|Column| Chicago Tribune
Mar 13, 2013
|Story| Reuters
Apr 5, 2013
|Story| Los Angeles Times
Feb 4, 2013
|Story| Chicago Tribune
Feb 1, 2013
|Story| Baltimore Sun
Jan 30, 2013
|Column| Chicago Tribune
Feb 20, 2013
|Story| Herald Mail
Feb 24, 2013
|Column| Chicago Tribune
Feb 3, 2013
|Column| Chicago Tribune
Feb 13, 2013
|Story| Baltimore Sun
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