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The Chief Financial Officer of Hanover, Md-based Ciena Corporation (NYSE: CEIN) filed the following stock transaction dated July 15, 2015 with the SEC.

James E. Moylan Jr., Senior Vice President and Chief Financial Officer of Ciena Corporation disposed of 1,000 common stock shares at an average price of $24.57 on July 15, 2015. Moylan held 390,227 shares after the transaction.

The sold shares are valued at approximately $24,570. The transaction adheres to a trading plan dated 10/15/14 under Rule 10b5-1.

Bethesda-based DiamondRock Hospitality Co (NYSE: DRH) Chairman of the Board filed with the SEC stock transactions that occurred the same day.

On July 14, 2015, William W. McCarten acquired 54 common stock shares of DiamondRock Hospitality. The transaction is part of additional deferred stock units awarded in connection with the reinvestment of a dividend as required by the terms of the deferred stock units.

The amount of shares held McCarten after the reported transaction is now 357,424.

The Wal-Mart (NYSE: WMT) located at the Woodyard Crossing (formerly Clinton Plaza) Shopping Center in Clinton, Maryland, could see its expansion plans come to a halt if the Prince George's  planning department recommendation of disapproval are accepted by the planning board.

Wal-Mart wants to turn its existing 134,241 square-foot store into a 171,634 square-foot Wal-Mart Supercenter that would include a grocery section, general merchandise, and a garden center.

Bruce L. Claflin is better known as Advanced Micro Devices, Inc (NASDAQ:AMD) chairman of the board, but the technology chipmaker chairman also acts as one the directors for Hanover, Md-based Ciena Corporation.

Claflin filed an SEC transaction form on July 13, 2015, for a transaction involving Ciena corp stock on the same day. 400 shares of the company stock was disposed of at an average price of $23.92 per share. Claflin held 61,362 shares of network technology maker's stock after the transaction.

The total value of the shares was $9,568.

Next week the Montgomery County Planning Department will review several new additions proposed for the Milestone Businesses Park in Germantown. The developer Matan has big changes planned for surface parking and empty lots at the office complex.

Despite having major leasing success for the office buildings in the northern edges of Montgomery County, Matan wants to introduce new use types that would drastically change the environment.

Germantown, Md-based Qiagen Sciences (NASDAQ: QGEN) has received Food and Drug Adminstration approval to market it's therascreen EGFR testing kit in the United States.

Rockville-based developer, Federal Realty Investment Trust (NYSE: FRT) has lured an experiential entertainment company to open it's first location in Maryland.

Ifly Indoor Skydiving will be landing at The Avenue at White Marsh. A newly constructed 6,000 square foot building will become Ifly's new base in Baltimore County and is expected to open mid-2016.

All Ifly locations have a unique building design and locations reach as far as Australia. White Marsh would be the Austin-based company's 28th facility.

Washington, D.C.-based Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) announced that the European Union (EU) has approved its HETLIOZ (tasimelteon) drug to be used to treat non-24-hour sleep-wake disorder, also known as Non-24, in totally blind adults.

Non-24 is a chronic, circadian rhythm disorder. It disturbs the normal human sleep-wake cycle and mostly affects totally blind people. Disturbed sleep can lead to stress and also affects coordination. In the EU, around 130,000 people have been affected by this disorder.

In a increasingly competitive D.C. Area office market – for landlords, Bethesda-based, First Potomac Realty Trust (NYSE: FPO) (NYSE: FPO-PA) managed to sign four new small lease transactions totaling 19,073 square feet, all within Washington, D.C.