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NEWS
June 20, 2010
There's nothing unusual about House Speaker Michael E. Busch's efforts to solicit corporate sponsorships for the National Speakers Conference he's hosting in Annapolis this weekend, which will treat some of the most influential members of 30 state legislatures to a crab feast, Chesapeake cruise, golf and a fireworks display at Fort McHenry. And that's the problem. The Washington Post's John Wagner reported Wednesday that corporate sponsors, companies with business before Maryland's legislature and those of other states, are footing the tab to the tune of more than $500,000.
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SPORTS
By Childs Walker and The Baltimore Sun | September 26, 2014
Jennifer Regester knew she was coming no matter what. Shortly after the Orioles clinched a spot in the American League Division Series, she bought plane tickets to Baltimore for her and her 18-year-old daughter, Taylor Twofeathers - from their home in Bozeman, Mont. Regester made the $1,700 splurge without any guarantee she'd be able to purchase playoff seats from her favorite baseball club. "Is that totally crazy?" the Baltimore County native asked. Maybe, but Regester was hardly alone in the rush to snap up tickets for the impending ALDS, which begins Thursday at Camden Yards.
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NEWS
June 15, 2010
Not buying BP gasoline is shortsighted ("Ill will at BP pumps," June 15). We need to keep BP healthy and profitable so they can pay the cleanup bills. Mike Finan, Glen Burnie
BUSINESS
By Natalie Sherman and The Baltimore Sun | September 22, 2014
A group of investors plans to buy commercial real estate services firm Cassidy Turley and combine it with DTZ, creating a global real estate network, Cassidy Turley said Monday. Terms of the deal, expected to close at the end of the year, were not disclosed. The combined firm, which will use the DTZ brand, represents some $2.9 billion in revenue and more than 28,200 total employees, Cassidy Turley said in a statement. The Cassidy Turley brand launched in 2010, roughly two years after four groups, including former Baltimore-based Colliers Pinkard, joined to create a larger real estate network.
BUSINESS
April 2, 2010
Baltimore-based FTI Consulting Inc. said Thursday that it is expanding in Asia with the acquisition of a Hong Kong firm. Like FTI, Baker Tilly Hong Kong Business Recovery Ltd. specializes in forensic accounting, litigation support and corporate restructuring. FTI, which did not disclose what it is paying, said the firm will change its name to FTI Consulting (Asia) Ltd. - Jamie Smith Hopkins
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | April 19, 2010
Hebron Savings Bank, a company based on the Eastern Shore, said Monday it would buy the Salisbury branch of Bay National Bank for an undisclosed amount. Lutherville-based Bay National is selling the branch's $21 million deposit base and about 36 percent of its total loans to Hebron, according to a regulatory filing. The deal, which is subject to regulatory approval, would close by the end of September, the two companies said. Bay National has been operating under federal oversight since last year as it tries to recover from losses on bad mortgage loans.
NEWS
April 9, 2010
CDs were the new vinyl. Then, mp3s were the new CDs. These days, vinyl is the new mp3. At many dance nights around Baltimore, DJs are increasingly spinning vinyl 45s instead of CDs or mp3s. Patrick "DJ Action Pat" Griffin, who regularly plays Save Your Soul at Lithuanian Hall, has been collecting vinyl for the past 10 years. His collection, which numbers about 4,000, is heavy on soul, R&B and rock ‘n' roll from the ‘50s. Over time, Griffin has developed strategies for where to find the most obscure records, and how much to pay. Here are his tips for aspiring vinyl collectors.
BUSINESS
April 26, 1992
Many companies allow investors to buy shares directly without a commission. Here's a list:American Recreation CentersCentral Vermont Public Service (Initial purchase permitted in over half of the states)Citizens First BancorpExxonR. GraceJohnsons ControlsKrogerMadison Gas & ElectricMobilProcter & GambleQuestarTexacoThese companies allow customers of the company -- or, in som cases, residents of company's home state -- to buy shares without a commission.Bancorp HawaiiCenterior EnergyCentral Maine PowerDuke PowerFlorida ProgressHawaiian Electric IndustriesMinnesota Power & LightNational Community BanksNevada PowerPhiladelphia SuburbanPuget Sound Power & LightSouthwest GasUnion ElectricSOURCE: Charles B. Carlson, editor of the Dow Theory Forecasts newsletter and the book "Buying Stocks Without a Broker" ($16.
SPORTS
By Mark Hyman | June 19, 1991
If Leonard "Boogie" Weinglass is successful in buying the Baltimore Orioles, he may be joined in the owner's box by another Baltimore boy who made good.Barry Levinson, the movie director.A day after Weinglass publicly acknowledged his interest in buying the Orioles, Levinson said yesterday that "as a Baltimorean and a ball fan, I'd certainly have an interest" in becoming an investor in the group.Weinglass and Levinson have talked about joining forces in a bid to buy the Orioles from principal owner Eli S. Jacobs, both men said yesterday.
BUSINESS
By Gregory Karp and Gregory Karp,The Morning Call | June 1, 2008
Buying a home is generally considered a good way to spend money, but is a declining real estate market the right time to buy? How about markets where long-term prices have risen slower than average? What if prices had a big run-up and haven't fallen much? Those are the wrong questions because they focus on changes in prices, say Gary Smith and Margaret Smith, authors of a new book, Houseonomics: Why Owning a Home is Still a Great Investment. Buying a home can be a smart move, even if prices stay flat over a long period, say the husband-and-wife team who, respectively, are an economics professor at Pomona College in Claremont, Calif.
NEWS
September 17, 2014
Much attention is being paid to the relative fundraising prowess of the candidates and their cash-on-hand advantages as the election approaches ( "Howard developer's campaign contributions are cause for concern," Sept. 11). But what does this really signify? If there were a direct correspondence between dollars raised and votes received, only millionaires would be holding office. Where are the contributions coming from? From individuals who believe deeply in the candidate stance on issues?
BUSINESS
Lorraine Mirabella, The Baltimore Sun | September 3, 2014
Sinclair Broadcast Group Inc. has agreed to acquire NBC affiliate KSNV in Las Vegas for $120 million, the Hunt Valley-based broadcaster said Wednesday. The purchase from Intermountain West is expected to close in the first quarter of 2015. The addition of KSNV to a Sinclair-owned CW station and MyNetwork station in Las Vegas means the broadcaster's news footprint will cover all major cities in Nevada, said Steve Pruett, co-COO of Sinclair's television group. The company plans to sell the Federal Communications Commission license and related assets, but not the programming, of one of the three Las Vegas properties to comply with regulatory requirements.
NEWS
By Jonathan Pitts, The Baltimore Sun | August 31, 2014
Two years ago, when the Orioles unleashed the region's pent-up baseball passion with their first playoff run in years, they did it by walking baseball's version of a tightrope. They played a lot of nail-biters - winning 29 games by just one run. They snatched 16 of 18 in extra innings. They didn't nab a wild-card playoff spot until the last week of the season. This year has been a steadier march. These O's have seen no major streaks, good or bad, but they've won six or so games out of every 10, climbing to the top of the American League East, where they've been since early July.
SPORTS
Peter Schmuck | August 17, 2014
It's time for the Orioles to bite the bullet on Ubaldo Jimenez. No, not that bullet. This isn't about giving up on Jimenez during the first year of a four-year, $50 million contract because he can't consistently find the strike zone and has been taking a spot in the rotation from a more effective starting pitcher. It's about making a tough short-term decision to keep the first-place Orioles well out in front of the pack in the American League East. Jimenez, at his best, could be the key to a deep playoff run, so it's logical for Buck Showalter and Dan Duquette to want him ready to head into October on the same kind of September roll that made him the AL Pitcher of the Month for the Cleveland Indians last year.
NEWS
By Barbara Pash | August 12, 2014
Hikers may soon be able to walk on extended public trails in the Sweet Air section of Gunpowder Falls State Park in Baltimore County, and anglers may have additional access to the Sawmill Branch of the Little Gunpowder River. On Wednesday, Aug. 13, the state Department of Natural Resources (DNR) will go before the state Board of Public Works to request approval to buy a conservation easement on 209 acres of land next to that section of the park for $995,000. "We're very pleased to preserve this section of the park and at the same time provide public access," said Emily Wilson, director of land acquisition and planning for the state DNR. DNR is requesting the easement purchase through its Program Open Space, a nationally recognized program that acquires and develops recreational and open space areas.
BUSINESS
By Natalie Sherman, The Baltimore Sun | August 8, 2014
A Maryland-based distributor of industrial process and HVAC equipment said Friday it has acquired a New York company focused on distributing equipment related to water systems. Cummins-Wagner Co., Inc., which will add J.L. Moore, Inc. to its Siewert Equipment division, said the deal will help the firm expand in the water and wasterwater market. Terms were not disclosed. "The synergies between our companies will bring a complete systems/process approach to our customer base, and provide a more distinct product and service offering," Cummins-Wagner President Doug Ardinger said in a statement.
NEWS
July 22, 1995
Ever since the legendary urban homesteading days of the 1970s, Baltimore City has been trying to develop a magic formula that would enable it to get rid of an overabundant supply of houses that are for sale or already vacant.Like a 1993 attempt, last year's expensive auction of tax-delinquent homes proved to be a major disappointment. There were some buyers, but in the end the city could not deliver.The concept of offering a shell to a buyer at the price of a finished home -- with the buyer having little say in how the repairs are made -- was a hare-brained idea.
NEWS
By Timothy B. Wheeler and Timothy B. Wheeler,SUN REPORTER | October 19, 2006
A state housing official told legislators yesterday that the Ehrlich administration would review a home-buying assistance program it unveiled this year that critics contend encourages suburban sprawl. Meanwhile, other administration officials denied that fees Marylanders pay to upgrade sewage treatment plants around the Chesapeake Bay are enabling undesirable growth and development. Speaking at an Annapolis legislative briefing, Tonna Phelps, director of single-family housing programs for the state Department of Housing and Community Development, said officials would take another look at their "Live Near Your Work Plus" effort.
BUSINESS
By Natalie Sherman | July 16, 2014
Baltimore-based Continental Realty Corp. said Wednesday it has bought two apartment developments with a total of nearly 400 units in White Marsh for a total of $58.25 million. The developments,  Lincoln Woods and Quail Ridge, were both owned by Henderson Global/TIAA-CREF, according to the release. Continental Realty purchased the communities through its CRC Fund III, L.P., which now owns ten properties, including a 60,5000-square foot shopping center purchased for $6.3 million last month in Raleigh, North Carolina.
NEWS
By Alex Jackson, Baltimore Sun Media Group | July 15, 2014
A Florida firm has paid $4.5 million for Pier 7 Marina in Edgewater and plans to transform the property on the South River, which includes Coconut Joe's, into a yacht club. A&S Smith Development, which is the real estate division of Fort Lauderdale, Fla.-based The Catamaran Group, bought the marina in May, according to online records. While the property at 48 South River Road in Edgewater was not listed for sale, Glenn Sutton, who brokered the deal for PTR Sotheby's International Realty, said A&S Smith Development put in an offer that was too good to refuse.
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