Clik here to view.
Sisu Global Heath wins $100,000 investment from AOL co-founder Steve Case
A Baltimore startup that developed a surgical tool to recycle the blood of a patient suffering from internal bleeding landed a $100,000 investment Monday from AOL co-founder Steve Case, winning a "live...
View ArticleClik here to view.
Laureate Education files for IPO
Baltimore-based Laureate Education announced Friday that it wants to sell stock to the public for a second time, perhaps raising as much as $1 billion.Laureate was a public company before investors...
View ArticleClik here to view.
Laureate Education files IPO with $4.7 billion debt
When Baltimore-based Laureate Education filed for an initial public offering last week, it disclosed $4.7 billion in debt that has been cutting into the company's bottom line, with hundreds of millions...
View ArticleClik here to view.
Under Armour and shareholders reach settlement on lawsuit
Under Armour has reached a settlement with shareholders who sued over plans to create a new class of stock without voting rights, clearing the way for the company to move ahead with an unusual stock...
View ArticleClik here to view.
Baltimore drug company Cerecor raises $26 million in stock sale
Cerecor, a Baltimore pharmaceutical company testing an antidepressant for patients who are not responding to other drugs, raised $26 million in an initial public stock offering Thursday.The company...
View ArticleClik here to view.
Timonium-based PayPal Working Capital passes $1 billion in lending
PayPal Working Capital, a Timonium-based lending service owned by the online payment company, passed $1 billion in lending to small businesses, it announced Tuesday. PayPal said it lent the money to...
View ArticleClik here to view.
Personal Genome Diagnostics lands $21.4M investment to expand cancer testing
Personal Genome Diagnostics, a Baltimore company that analyzes cancer patients' genes to improve treatment and diagnosis, has received a $21.4 million venture capital investment led by New Enterprise...
View ArticleClik here to view.
PSA Insurance partners with United Capital on wealth management and...
United Capital Financial Advisers LLC has taken over both the wealth management and retirement plans practices of PSA Insurance & Financial Services, based in Hunt Valley. The separate deals...
View ArticleClik here to view.
Maryland Insurance Administration takes action against Everest Wealth Management
The Maryland Insurance Administration ordered Everest Wealth Management Inc. and its owner to pay a $62,400 fine this week. The insurance regulator's action follows its own investigation and an action...
View ArticleClik here to view.
Investors pump $22 million into WellDoc
WellDoc, a Baltimore-based health information technology firm, announced Thursday that it raised $22 million from a second venture capital round to commercialize its diabetes management application.The...
View ArticleClik here to view.
Interest rates just rose, and they could rise more next year
The Federal Reserve's move to boost short-term interest rates last week by a quarter of a percentage point might not change much immediately, financial experts say, but next year or the year after...
View ArticleClik here to view.
Stocks tumble amid China fears
Fears escalated Monday that the global economy could struggle more than expected this year — a prospect that contributed to a plunge in global financial markets. The anxiety was heightened by reports...
View ArticleClik here to view.
Legg Mason launches four exchange-traded funds
Legg Mason has launched four exchange-traded funds, the Baltimore-based money manager announced Tuesday after nearly six years of seeking to diversify its traditional mutual fund offerings.The four...
View ArticleClik here to view.
Legg Mason shares dip amid reports of real estate acquisition
Shares in Legg Mason dipped Tuesday amid reports that the Baltimore-based money management firm was in talks to buy a majority stake in a real estate investment specialist company. The deal could value...
View ArticleClik here to view.
U.S. stocks plunge again in one of worst starts to a year ever
Worries about China's slowdown infecting the global economy sent stock markets steeply lower Friday as U.S. equities got off to one of the worst starts to a year ever. The Dow Jones industrial average...
View ArticleClik here to view.
T. Rowe Price's earnings down 4 percent; assets under management up 2 percent
T. Rowe Price Group's earnings were down 4 percent to $303.2 million in the last thee months of the year amid a rocky market, but the assets it manages rose by 2 percent, the Baltimore-based money...
View ArticleClik here to view.
Baltimore company stocks are mixed amid market turmoil in January
U.S. stock markets swooned in the new year amid fears that an economic slowdown in China would spill over into domestic recession and as oil prices plummeted. Yet for some of the Baltimore region's...
View ArticleClik here to view.
President of state's venture capital fund resigns
Maryland Technology Development Corp., which provides start-ups in the state with investments and mentoring, is searching for a new leader after the resignation of its president and executive director,...
View ArticleClik here to view.
W.R. Grace's stock slides in advance of split this week
In advance of its split into two publicly traded companies on Wednesday, W.R. Grace & Co.'s stock has dropped more than 20 percent since the end of 2015. The spinoff will split Grace's construction...
View ArticleClik here to view.
Consumer Federation questions price increases on universal life insurance
A consumer advocacy group says insurers may be raising rates unfairly on some universal life insurance polices and is asking for a review by state insurance commissioners.The Consumer Federation of...
View Article
