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February 12, 2015

Screams of foul play have echoed from the county to state level in the ranks of the democratic leadership. The opposition is aimed squarely at the brand new republican Governor of Maryland, Larry Hogan.

‘Mass Exodus’ has been the word on the political streets for the past two weeks in Maryland’s state capital Annapolis. Screams of foul play have echoed from the county to state level in the ranks of the democratic leadership. The opposition is aimed squarely at the brand new republican Governor of Maryland, Larry Hogan.

January 22, 2015

Silver Spring, Maryland-based United Therapeutics Corporation (NASDAQ:UTHR) is a biotechnology company with a primary focus on the creation of therapeutic drugs that treat pulmonary arterial hypertension (PAH). The company has four products on the market with the release of its' fourth drug Orenitram in mid 2014; after receiving FDA approval for it in December 2013.

April 4, 2014

If you are a young professional working in Washington, D.C., one thing you’ve probably noticed by now is that there is a fairly large gap between your monthly income and the city’s monthly rent requirements. Not everyone can afford the “luxury” apartments in Foggy Bottom, Georgetown, or Dupont Circle; so what’s a cash-strapped young professional to do?

March 14, 2014

We recently released an article about the Top 5 Worst Markets for Office Space in the D.C. area. Those areas had the highest vacancy rates in the Washington, D.C. area according to a Transwestern report.

Demand for Class-C and Class-B office space is at near all-time lows and at the same time tenants are adamant about leasing Class-A office space. In some sub markets the demand is so great that Class-A office space available is now below 1 percent.

March 7, 2014

Still reeling from its 2013 end-of-year data breaches, Target Corporation (NYSE:TGT) is busy reassuring shareholders, investors and even congress that it has everything under control but what about the customers including those affected by the data breaches? Besides months away, “better” anti-fraud technology and credit monitoring services, has Target replaced any of its policies that got it into this mess in the first place?

Here are three ways Target can make a bad situation better.

Target, your local DMV?

February 13, 2014

In the world of commercial office space, a market with a vacancy rate of 10 percent is considered stable; anything below that percentage is to be coveted.  Logically, developers should flock to a market with a low office inventory, especially one with short supply of Class-A office space.  After all, someone is leasing all that space right?

February 7, 2014

Germantown, Maryland is the farthest north of Montgomery County’s commercial centers, it’s also the smallest and youngest in terms of commercial development but that is quickly changing. With approximately 3 million square feet of office space, Germantown has been one of the county’s bright spots in terms of commercial development in the last couple of years.

May 31, 2012

Gaylord Entertainment Co. (NYSE: GET) and Marriott International, Inc. (NYSE: MAR) have come to an agreement over the management of Gaylord's self-branded hotels.

The Nashville-based company will hand over operation of its four large hotels to hospitality giant Marriott with headquarters in Bethesda. The company which also owns several brands including the Ritz Carlton, based in Chevy Chase; will add the Gaylord Hotels brand to its portfolio for $210 million.

April 18, 2012

Rockville-based Catalyst Health Solutions (NASDAQ:CHSI), the fast growing prescription drug benefits provider, is in talks with Lisle, Illinois-based SXC Health Solutions (TSE:SXC) for a merger agreement valued at an estimated $4.4 Billion.

April 13, 2012

While the nation's capital continued its usual lead in office space construction, another surprise quarter occurred with the Maryland National Capital region leading the surrounding region.

According to March data from the Bethesda, Mid-Atlantic regional office of Transwestern and its research subsidiary, Alexandria-based Delta Associates, there was an estimated 7,204,726 square feet of office space under construction or reconstruction in the D.C. area.

April 5, 2012

CapitalSource Inc. (NYSE:CSE), made significant changes earlier in the year with its Executive Chairman, John K. Delaney taking an immediate leave from that role to pursue a political career in the United States House of Representatives.

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 30, 2012

Under Armor (NYSE: UA)  is an American sports clothing and Accessories Company. The company is a supplier of a wide range of sportswear and casual apparel mainly focusing on hi-tech sportswear for professional athletes. Under Armor’s global headquarters is located in Baltimore, Maryland. The company reported earnings on January 26, 2012. For the quarter ended December 31, the company met expectations on revenues ($403.1M) and beat expectations on earnings per share.

December 13, 2011
The D.C. area was a contender for the relocation but didn't make the short list

The highly watched Sears headquarters relocation is likely to be decided by the end of the year and with no move at all coming from the nation's fourth largest retailer.

November 6, 2011

UA made a nice move on earnings on heavy volume, which is indicative of accumulation.

On October 25, 2011, Baltimore-based Under Armour (NYSE: UA) reported third quarter net revenues growth of 42%, and raised 2011 net revenues and Operating Income outlook. UA made a nice move on earnings on heavy volume, which is indicative of accumulation. UA is currently showing relative strength and has supported at every test of the 10sma. It is also displaying a nice flagging pattern, which is bullish.

October 29, 2011

Baltimore global financial investment management firms reported their financial results this week

Baltimore global financial investment management firms reported their financial results this week forming a bit of a dichotomy.

T. Rowe Price Group, Inc. (NASDAQ-GS: TROW)reported revenues of $679.4 million, while Legg Mason, Inc. (NYSE: LM) reported revenues of $669.9 million. In contrast here T. Rowe Price increased revenues 16 percent from $586.1 million. Legg Mason's revenues continued to decline and fell from $674.8 million in the 2011 second quarter and down from $717.1 million in the first quarter of 2012.

October 10, 2011

The contract will create at least 20 jobs at United Therapeutics's downtown Silver Spring headquarters.

Silver Spring-based United Therapeutics (NASDAQ: UTHR) subsidiary, Unither Virology, LLC has just been awarded a contract from the National Institutes of Health's (NIH), National Institute of Allergy and Infectious Diseases (NIAID) division.

The Montgomery County biotech will receive a $45 million contract over five years, including a 42-month base period that will fetch approximately $10.6 million in funding. Eight milestone-based options are part of the remaining funds.

October 6, 2011

The 30-year veteran announced September 15 that he would take a leave of absence.

McLean-based Gannett Co., Inc. (NYSE: GCI) reported Craig A. Dubow, chairman and chief executive officer, will officially resign his post due to disability from a debilitating medical condition. The 30-year veteran previously announced September 15 that he would take a leave of absence.

Dubow will be replaced by Marjorie Magner and Gracia Martore who will become chairman and CEO respectively.

October 5, 2011

Marriott is in the process of spinning off its timeshare business into a publicly traded company of its own.

Marriott International (NYSE:MAR) which has its headquarters in Bethesda, released its third quarter 2011 results ended September 9, 2011. While the hotel giant increased revenues the company swung to a reported net loss.

Marriott was able to increase its revenues for the third quarter 2011 to $2.87 Billion compared to $2.65 Billion in the same time last year.

September 16, 2011

History was made Thursday night in Silver Spring with the opening of the Fillmore Music Hall in the historic, former JC Penney department store building. Starting with yesterday's full house grand opening featuring Mary J. Blige, Washington Metro area residents can expect a music line up that will suit all tastes.

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.

September 13, 2011

Rockville-Based Washington Real Estate Investment (WRIT) (NYSE: WRE), which announced plans to dump industrial properties as well as some outside the beltway, has purchased an office complex on the north side of Old Towne Alexandria.

Built in 1985, Braddock Place office park contains 345,000 square feet and is adjacent to the Braddock Road Metro Station. Washington Real Estate Investment paid $101 million in cash for the four building property at 1310, 1320, 1330 and 1340 Braddock Place.

September 12, 2011

One of the largest purchases of any company in the last few weeks was announced today by Maryland-Based Colfax Corporation.

Colfax Corporation (NYSE: CFX) has made a global purchase by acquiring Ireland-based Charter International plc (LON: CHTR, LSE: CHTR).

September 6, 2011

Baltimore-based Under Armour Inc (NYSE:UA) rose passed $68 a share in afternoon trading, subsequent to staying below Friday's close for most of the trading day. Many local stocks were in negative territory during the September 6th trading session continuing a downward trend from Friday's overall session slump based on virtually zero job creation in the U.S. economy. The markets were closed on September 5th in observance of the Labor Day Holiday.