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January 30, 2012

McCormick & Company, Incorporated (NYSE: MKC) was founded in 1889 and is the global leader in the manufacturing, marketing and distribution of spices, seasonings and flavorings to the entire food industry. It has its headquarters near Baltimore, Maryland. The company reported earnings on January 26, 2012, beat slightly on revenues and met expectations on earnings per share for the fourth quarter.

January 6, 2012

Can you tell us a little about yourself and your work at LCOR?

September 14, 2011

CSC said that it has purchased what is claimed to be the largest pure-play software testing and quality management service provider in the world.

Falls Church-based Computer Sciences Corporation (CSC) (NYSE: CSC), said that it has purchased what is claimed to be the largest pure-play software testing and quality management service provider in the world.

August 25, 2011

No one knows more about wasteful spending than the government, and healthcare is on top of most people’s list when it comes to wasteful spending. Since 2009 the focus has shifted towards bringing down the cost of healthcare spending.

July 12, 2011

Choice Hotels International, Inc (NYSE:CHH)  has completed a lease agreement to move its global corporate headquarters to Rockville.

The popular hotel management company will take up an entire building to be constructed at 121 Rockville Pike. The 130,000 square foot Class A office building is expected to break ground shortly, for a projected spring 2013 move in.

November 15, 2011

Primus reported a net loss of $10.0 million, or $-0.73 cents per basic and diluted common share

With its recent acquisition of Arbinet Corporation, McLean-based Primus Telecommunications Group, Incorporated (NYSE: PTGI) posted financial results with revenues increasing by the double digits from last year.

Primus reported $254.7 million in net revenue for the third quarter ended September 30, 2011 a year-over-year increase of 35.3% from the $188.2 million reported in the third quarter of 2010.

November 15, 2011

Prior to earnings, the stock had been trading below the 50Daily Moving Average (DMA), but...

Capital One Financial Corporation (NYSE: COF) is a U.S. based bank holding company based in Mclean and specializes in credit cards, home loans, auto loans, banking and savings products. The company was established in 1988 and grew into a Fortune 500 company within a few years by expanding its credit card market. The company got into the banking business with the fire-sale purchase of Chevy Chase Bank in February 2009 to the tune of approximately $520 million.

September 27, 2011

Bethesda-based Lockheed Martin Corporation (NYSE: LMT) has completed its acquisition of QTC Holdings Inc moving deeper into the healthcare industry.

Lockheed Martin originally broadcasted the intent to purchase QTC Holdings on August 22, 2011. The terms of the acquisition were not disclosed.

July 20, 2011

Bethesda based Eagle Bancorp, Inc, the parent company to EagleBank reported a 67% increase in net income second quarter of 2011.

Bethesda, Maryland based Eagle Bancorp, Inc, the parent company to EagleBank reported a 67% increase in net income for the three months quarter ended June 30, 2011.

EagleBank reported a record profit of $5.8 Million for the second quarter 2011, a big increase compared to a net income of $3.4 Million in same time last year. The jump in net income was the 10th consecutive increase for company.

July 18, 2011

Bethesda based Eagle Bancorp, Inc (Nasdaq:EGBN)has entered into an agreement with the United StatesSecretary of the Treasury to receive funding that will aid small businesses.

The parent of Eagle Bank issued 56,000 shares of Senior Non-Cumulative, Series B Preferred Stock with a  value of $1,000 per share.

The Series B shares were exchanged for $56,600,000 towards the United StatesSmall Business Lending Fund program.

July 13, 2011

Olney, Maryland based Sandy Spring Bank (Nasdaq:SASR) has continued its' expansion into Virginia with its' seventh branch in the state.

 The new full service office is located at 550 N. Quincy Street in the Ballston end of Arlington's Rosslyn-Ballston corridor.

This is the 44th branch opened by Sandy Spring Bank.