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BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | April 17, 2002
First Mariner Bancorp reported the best quarter in its history yesterday. The Baltimore-based banking company said its earnings rocketed 177 percent in the first quarter, with profit jumping from $312,000 in the first quarter last year to $863,000 in the latest period. Earnings per share rose 78 percent - from 9 cents in last year's first quarter to 16 cents this year. That marked the sixth straight quarter of increasing earnings and was the best performance to date for First Mariner, which was formed in 1995.
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SPORTS
By Katherine Dunn and The Baltimore Sun | October 2, 2014
McDonogh's No. 1 football team put a dent in No. 4 Mount Saint Joseph's best start in 20 years Thursday night, feeding off its stellar defense for a 24-0 victory in the Eagles' first Maryland Interscholastic Athletic Association A Conference game. The host Eagles, the defending A Conference champions, scored 14 unanswered points in the first quarter, sparked by a couple of big defensive plays, to deal the Gaels their first loss of the season. On the Gaels' first drive, Eagles linebacker Wyatt Cook, last season's All-Metro Defensive Player of the Year, forced a fumble and defensive end Michael Cornwell recovered it. The Eagles needed just four plays to drive 54 yards for their first touchdown less than three minutes into the game.
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BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | April 11, 2003
M&T Bank Corp. reported yesterday a first-quarter profit increase of 3 percent that was slightly below expectations as expenses for acquiring Baltimore's Allfirst Financial Inc. cut into its bottom line. For the three months that ended March 31, M&T said it had net income of $117 million, up from the $114 million it earned in the first quarter of 2002. Earnings per diluted share were $1.23, a 4 percent increase from the $1.18 reported in the first quarter of last year. Earnings per share came in a penny below analysts' forecasts, according to surveys conducted by Thomson First Call and Zacks Investment Research, two financial-information services.
SPORTS
From Sun staff reports and news services | September 21, 2014
Chris Moller made a 38-yard field goal with 28 seconds left in the game to lift Morgan State (2-2, 1-0 Mid-Eastern Athletic Conference) to a 38-35 victory over Howard (1-3, 0-1) in the New York Urban League Football Classic on Saturday in East Rutherford, N.J. Morgan State opened a 14-0 lead, but Howard rallied with two scoring drives, including a 1-yard run by quarterback Greg McGhee with 5:04 left in the first half. The Bears broke the 14-all halftime tie by adding three touchdowns in the third quarter, two by Herb Walker Jr. But the Bison had one scoring drive in the third and two touchdowns in the fourth to tie the game at 35 with 2:27 left.
BUSINESS
By David Conn and David Conn,Sun Staff Writer | April 29, 1994
USF&G Corp. reported yesterday that sharply higher losses from natural disasters and other weather-related claims pushed operating earnings slightly lower in the first quarter.The Baltimore-based insurer earned $23 million, or 13 cents a share after the payment of preferred stock dividends, in the three months ended March 31. Last year, a one-time gain of $38 million from an accounting change boosted first-quarter earnings $61 million, or 58 cents a share.Total revenue fell to $766 million, compared with $875 million in the first quarter of 1993.
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | April 19, 2002
T. Rowe Price Group Inc. reported yesterday an 8 percent increase in first-quarter profit - despite a 14 percent decline in revenue - and has itself well-positioned for when the U.S. stock market rebounds, according to a securities analyst who follows the company. "T. Rowe Price had a pretty solid quarter, despite the ... uncertain market conditions it faced," said Bruce Brewington, a vice president with Putnam Lovell Securities in San Francisco and an expert on the asset-management industry.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | May 5, 2010
Baltimore-based FTI Consulting Inc. said Wednesday that its profits declined 55 percent in the first quarter compared with the comparable period a year ago, to $14.2 million. The company took a $30.2 million hit in special charges, three-quarters of that in cash, because it laid off 144 employees and consolidated offices "to eliminate redundancies resulting from acquisitions completed over the last two years," it said. FTI, provider of forensic accounting, restructuring and other business services, said revenues increased about half a percent to $350 million in the first quarter.
NEWS
By Jamie Smith Hopkins, The Baltimore Sun | April 18, 2010
A year and a half after the financial sector meltdown, those stocks are at the top of a rebound. Finance was the best-performing mutual-fund sector in the first three months of the year, boosting funds that specialize in that area. Among them: Rydex-SGI's banking fund and T. Rowe Price's financial services fund, which both ranked in the top five of mutual funds that invest by sector and are managed in Maryland. "The lows were so extreme that there's still a good deal of room to appreciate," said Jeff Arricale, portfolio manager of Price's Financial Services Fund, which had an 11.8 percent return in the first quarter.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | May 5, 2010
Hunt Valley-based Sinclair Broadcast Group Inc. reported a first-quarter profit Wednesday, a turnaround from a first-quarter loss in 2009, as sales of television advertising improved. Sinclair, owner or programmer of 58 TV stations including Fox 45 in Baltimore, said it earned net income of $11.5 million, or 14 cents per share, in the three months that ended March 31. The broadcaster had posted a loss of $85.7 million, or $1.06 per share, in the first three months of 2009, largely due to an after-tax, $100.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | May 4, 2011
Sinclair Broadcast Group reported Wednesday that profit jumped 33 percent in the first quarter, thanks to double-digit gains in spending by automotive advertisers and revenue generated by the 2011 Super Bowl. Net income in the broadcast group rose to $15.3 million, or 19 cents per share, in the three months ended March 31, up from $11.5 million, or 14 cents per share, in the first quarter of 2010, the Hunt Valley television station owner reported. Earnings beat Wall Street analysts' estimates of 18 cents per share.
SPORTS
By Matt Zenitz and Baltimore Sun Media Group | September 14, 2014
Maryland fell to West Virginia, 40-37, at Byrd Stadium on Saturday. Here is what went well and what didn't from a Terps perspective. THE GOOD The big plays on offense Quarterback C.J. Brown missed an opportunity for a long touchdown during the first quarter, misfiring on a pass down the left sideline despite wide receiver Malcolm Culmer being wide open. However, Brown had a 77-yard touchdown pass to wide receiver Stefon Diggs that cut West Virginia's lead to 28-13 during the second quarter and trimmed the Mountaineers' lead to 28-27 with a 75-yard touchdown run on the first play from scrimmage during the second half.
SPORTS
By Shaun Bennett, For The Baltimore Sun | August 31, 2014
LAKEWOOD, Ohio - The pressure was on the Gilman football team before it even stepped onto the field for the season opener Sunday afternoon. Facing St. Edward (Ohio), one of the top-ranked teams in the country, in front of a nationally televised audience, the Greyhounds knew they'd be in for a test. And the Eagles lived up to the billing - starting strong, finishing stronger and breezing to a 38-7 victory. "I don't think we prepared for anything. We got walloped … absolutely hammered," Gilman coach Biff Poggi said.
SPORTS
By Jeff Zrebiec and Mike Preston, The Baltimore Sun | August 16, 2014
The Ravens could ill afford another injury at cornerback, but that's exactly what they got barely three minutes into their game tonight against the Dallas Cowboys . Jimmy Smith , their top healthy cornerback, came down hard on his back defending a long sideline incompletion to Cowboys wide receiver Dez Bryant . Smith got up after the play and slapped himself on the helmet but then he went immediately down to his knees. Flanked by the team's medical staff, he ultimately walked gingerly back to the sideline, where he was spitting out blood before he was ultimately taken to the locker room.
SPORTS
By John Jiloty and Inside Lacrosse | July 18, 2014
The U.S. team pretty quickly threw out any concerns about a letdown game in the semifinals of the Federation of International Lacrosse World Championships on Thursday night in Commerce City, Colo. Team USA, coming off a dominant 18-5 win over the Iroquois Nation on Tuesday night, easily could have looked past an Australia team it beat, 16-7, in pool play. Instead, the United States jumped out to a 7-0, first-quarter lead on the Aussies and never slowed, winning, 22-3, at Dick's Sporting Goods Park to advance to Saturday night's gold-medal game against Canada for the fifth straight time.
SPORTS
By Glenn Graham, The Baltimore Sun | May 21, 2014
The Hereford boys lacrosse team had grown accustomed to visiting UMBC Stadium this time of year and joyously piling up to take the team photo with the championship plaque in the end. The No. 11 Bulls had never lost a state championship game and won the past six Class 3A-2A state titles and nine overall, both state records, as they tried to further pad the record book on Wednesday night. But this time the opposition, Kent Island, came with a loaded roster, an impressive collection of wins in the regular season and showing no jitters in its first state title game appearance.
SPORTS
From Sun staff reports | May 11, 2014
No. 5 Denver started a four-goal run late in the first quarter and led visiting North Carolina 5-1 at the break in a 9-5 Division I first-round win Saturday. Attackman Zach Miller and midfielder Erik Adamson paced the Pioneers (15-2) with two goals each, while attackman Joey Sankey had two for the Tar Heels. A three-goal run from the third quarter into the fourth put Denver ahead 8-3, and North Carolina (10-5) could not come back. The Pioneers advance to a quarterfinal game against the winner of Drexel-Penn.
NEWS
By John Fritze and The Baltimore Sun | April 15, 2014
Gov. Martin O'Malley, who has said he is considering a run for president in 2016, will report raising just more than $104,000 in two federal political committees during the first three months of this year. The number is a far cry from the $1.7 million the term-limited governor raised through the two committees last year, but aides say it reflects the fact that O'Malley did not solicit campaign cash during the state's General Assembly session that ended last week. The governor traveled extensively last year, headlining a major fundraising dinner for the New Hampshire Democratic Party in November, for instance, and there are indications he will step up the effort even more now that session is over.
BUSINESS
By Natalie Sherman | April 29, 2014
The CEO of a Hunt Valley-based real estate investment trust, which has a portfolio of skilled nursing and assisted living facilities across the U.S., was awarded $7.3 million in compensation for 2013, a year that the firm's returns placed it among the top performing REITs in the country. Omega Healthcare Investors, Inc. CEO C. Taylor Pickett received a $700,000 base salary and a $1.05 million cash bonus in 2013. Chief Operating Office Daniel J. Booth was awarded $3.92 million in compensation for the year, while Chief Financial Officer Robert O. Stephenson received $3.03 million, according to a proxy statement filed with the Securities and Exchange Commission Tuesday.
SPORTS
By Mike Preston, The Baltimore Sun | April 27, 2014
The toughest task No. 1 Loyola had over the weekend was holding onto all of the hardware. After the Greyhounds routed Lehigh, 16-7, on Sunday at Ridley Athletic Complex to capture the Patriot League title, goalie Jack Runkel hoisted the championship trophy to the delight of the partisan announced crowd of 1,841. And then Runkel, a team captain, collected the tournament Most Valuable Player award as Loyola attackmen Justin Ward and Brian Schultz, as well as defenseman Joe Fletcher, were named to the all-tournament team.
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