March 24, 2013
It wasn't too long ago - after a 19-9 pasting of Mount St. Mary's on March 5, actually - when Johns Hopkins coach Dave Pietramala took the unusual approach of announcing a goalie competition between senior Pierce Bassett and redshirt sophomore Eric Schneider. Bassett eventually held onto his status as the team's primary starter and has recorded double-digit saves in each of his past three contests - including a season-high 16 in the No. 12 Blue Jays' 15-8 demolition of No. 13 Virginia at the Konica Minolta Face-Off Classic at M&T Bank Stadium on Saturday.
February 25, 2013
Scientists have long known that the human mind develops most rapidly during the first five years of life, a point President Barack Obama underscored in his State of the Union address when he urged states to provide universal access to high-quality pre-kindergarten programs. Investment in early childhood education is an investment in the nation's future, and Maryland is well-positioned to heed the president's call. Children who attend high-quality, public pre-K arrive at school better equipped with the cognitive and social skills needed for learning, and there is a large body of evidence suggesting that they retain that advantage throughout their school careers and beyond.
February 21, 2013
T. Rowe Price Group announced Thursday it was raising its quarterly dividend by 12 percent to 38 cents per share. The dividend will be paid March 27 to those who are shareholders as of March 13. The Baltimore-based money manager said it has increased its annual dividend 27 years in a row since going public in 1986. Text BUSINESS to 70701 to get Baltimore Sun Business text alerts
January 9, 2013
The current political divide in Congress offers an opportunity for Americans to have a conversation about federal spending, which should not be confused with investing federal dollars to grow the economy ("Trouble ahead," Jan. 2). Are continuing to rebuild our infrastructure and educating our children an appropriate use of federal dollars? I believe they are, and here's why: College affordability remains an issue for most students and their families, despite the 2012 Pell Grant appropriation of $30.3 billion.
December 12, 2012
Legg Mason Inc. announced Wednesday that it would accelerate a quarterly dividend that was to be paid out in January. The cash dividend of 11 cents per share will be paid out on Dec. 28, instead of Jan. 7. The Baltimore-based investment company becomes the latest to rush to make dividend payments before the end of the year, while the tax rate on this income is still 15 percent. Unless a deal is reached between Congress and the White House, dividend income next year will once more be taxed as regular income, which could be as high as 39.6 percent.
November 16, 2012
Delmar Bancorp has no regrets about taking a $9 million investment from the federal Troubled Asset Relief Program, even though some banks have rushed for the exit. "We did it as an abundance of caution," said Ed Thomas, president of the parent of Bank of Delmarva, which serves the still-struggling Eastern Shore. "I'm glad we did it because we didn't know how deep the financial downturn was going to be. " TARP provided capital at an attractive price, he said. Created four years ago as the country's financial system teetered on the verge of collapse, TARP provided more than 700 banks with a combined $205 billion of capital by buying dividend-paying preferred shares.