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Third Quarter

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By FROM STAFF REPORTS | October 17, 1995
Avemco Corp., a Frederick-based aviation and marine insurance holding company, said yesterday that its third-quarter earnings plunged by 96.8 percent as the result of more claims in its growing aviation business, a few large claims and its reduced participation in short-term health programs.The company's third-quarter net income dropped to $74,000, or a penny a share, compared with $2.3 million, or 26 cents a share, for the same period a year ago. Revenues for the quarter grew by 6.3 percent, to $29.1 million from $27.4 million.
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SPORTS
From Sun staff reports | October 12, 2014
No. 4 Mount Saint Joseph had to play the first half of its game against St. Mary's-Ryken on Saturday without the services of running back Nevone McCrimmon because the senior was taking his SAT at Franklin High School. McCrimmon returned to take the field in the second half and the Gaels (6-1) increased their 14-0 halftime to 41-14 in a rout of the Knights (4-2). McCrimmon had two touchdown runs in the third quarter of 31 and 12 yards. Gaels cornerback Davante Maura led the defense with two interceptions, one in each half.
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BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,SUN STAFF | October 18, 1996
Bell Atlantic Corp. and AT&T Corp. painted sharply different financial pictures as they reported their third-quarter earnings yesterday, but investors in the two companies that are soon to square off as competitors in Maryland and elsewhere treated them about the same.Bell Atlantic, the traditional local phone service monopoly in Maryland and five other states, said its third-quarter profit rose 9 percent to $483.3 million, or $1.10 a share, as it continued to get a boost from its fast-growing cellular business and the number of customers adding second phone lines to serve their computer modems.
SPORTS
By Matt Zenitz and Baltimore Sun Media Group | September 27, 2014
BLOOMINGTON, IND. -- Excluding a 43-yard-run late in the third quarter, Maryland limited Indiana's standout running back, Tevin Coleman , to 79 yards on 21 carries. Senior inside linebacker Cole Farrand was a big reason why. Farrand saw limited action for the Terps vs. Syracuse last week, when the Orange rushed for 370 yards while averaging more than seven yards a carry. But Farrand got a full workload Saturday and made plays all over the field throughout the game.
BUSINESS
By Bloomberg Business News | October 13, 1992
HOUSTON -- The value of initial public stock offerings by non-financial companies dropped 58 percent, or more than $3.5 billion, in the third quarter to the lowest level since the first quarter of 1991, according to a survey released yesterday.Seventy-six non-financial IPOs raised $2.47 billion during the third quarter, down from $5.97 billion in the second quarter, according to the study by Sommers & Associates.Financial offerings more than doubled, to $5.77 billion, in the third quarter, from $2.33 billion in the second quarter, with more than 80 percent going into investment funds.
BUSINESS
October 30, 1991
USF&G Corp., the Baltimore-based insurance company, lost $25 million in the third quarter, about two-thirds more than the 1990 third-quarter loss of $15 million.On a per share basis, the loss was double -- 44 cents compared to 22 cents.Revenues for the third quarter were $980 million, down 14 percent from revenues of $1.12 billion in the previous third quarter.The company said the third-quarter results were primarily due to a 15 per cent decline in premiums resulting from the company's pullout from states where it says its business is unprofitable.
BUSINESS
By Paul Adams and Paul Adams,SUN STAFF | November 2, 2002
Struggling with a worse-than-expected industrywide revenue slump, US Airways Group Inc. reported a $335 million third-quarter net loss yesterday and restated its need to cut costs deeper than once anticipated. The loss of $4.92 per share follows an Aug. 11 bankruptcy filing and months of restructuring that has resulted in thousands of layoffs and flight reductions. Sales in the quarter fell 12 percent to $1.75 billion. Though the loss was an improvement over last year's third-quarter deficit of $766 million, or $11.42 per share, the slow industry recovery prompted the Arlington, Va.-based airline to recently announce hundreds of additional layoffs.
BUSINESS
The Baltimore Sun | October 30, 2013
Citing the pinch of the federal budget sequester and the settlement of a lawsuit, KEYW Holding Corp., a cybersecurity and intelligence contractor based in Hanover, lost $5.5 million in the July-to-September period, down from $341,000 in last year's third quarter, the company announced. On a per share basis, it lost 15 cents in the quarter after making a profit of a penny per share a year earlier. Much of that loss was driven by the settlement of a $45 million suit filed against KEYW by Exelis Inc., a competitor based in McLean, Va., that alleged KEYW hired former Exelis employees and stole trade secrets.
BUSINESS
October 25, 2013
Corporate Office Properties Trust, a Columbia-based real estate investment trust, announced Friday that it loss in the third quarter narrowed from last year. The $7.45 million loss in the three months ended Sept. 30 was much lower than the $27.5 million it lost a year earlier. On a per share basis, it lost 9 cents, down from 39 cents. Quarterly revenues rose 5 percent to $136 million. COPT focuses on office real estate leased by the federal government and defense contractors in the greater Washington/Baltimore region.
BUSINESS
By Steve Kilar and The Baltimore Sun | October 25, 2012
Corporate Office Properties Trust, the Columbia-based commercial real estate development and investment firm, lost $20.8 million during the third quarter of the year, though the cash it earned from operations was well above the amount it made during the same three-month period last year, the company announced Thursday. On a per share basis, COPT lost 39 cents. But COPT's funds from operations, often used by real estate investment firms to show their health, was $48.9 million during the quarter -- an increase of 15.5 percent over the amount earned during the third quarter of 2011, according to a statement from the company.
SPORTS
By Katherine Dunn and The Baltimore Sun | September 26, 2014
Gilman quarterback Kai Locksley considered the beginning of the third quarter the pivotal time for his Greyhounds Friday afternoon, even though they had a lead on St. Frances at the break. The No. 3 Greyhounds started the game with 21 straight points, only to watch No. 12 St. Frances cut the lead to five on a couple of big plays in the final minutes of the first half. Locksley, a 6-foot-5, 205-pound quarterback committed to Florida State, guided Gilman on a long scoring drive to open the third quarter and that sparked a 42-16 victory over the visiting Panthers in the Maryland Interscholastic Athletic Association A Conference opener for both teams.
SPORTS
By Edward Lee and The Baltimore Sun | September 13, 2014
After starting fast but finishing poorly in its first two games, the Morgan State football team flipped the script Saturday. The Bears overcame a lethargic start, woke up their sleeping offense and scored all four of the game's touchdowns in the second half to knock off visiting Bowie State, 28-3, before an announced 4,238 at Hughes Stadium. Morgan State was happy to win its first game of the season, but Bears first-year coach Lee Hull said the team can ill afford slow starts.
SPORTS
Sports Xchange | August 31, 2014
YPSILANTI , Mich. -   Morgan   State  couldn't quite win one for Marquese Meadow on Saturday night, but it plans to play for him all season. The Bears played with heavy hearts in their opener after the death of the freshman defensive lineman on Sunday. They fought back from a 14-point deficit, only to fall, 31-28, to  Eastern Michigan  on Saturday night at  Rynearson Stadium . "It was an emotional roller coaster all week," said Lee Hull, who lost his head coaching debut.
SPORTS
By Aaron Wilson and The Baltimore Sun | August 22, 2014
The Ravens will maintain their tradition of having starters playing into the third quarter during their third preseason game Saturday night. Some starters might just play until halftime against the Washington Redskins at M&T Bank Stadium. This will be the last preseason game for the starters, who will be rested during the fourth and final preseason game against the New Orleans Saints next week. “We're there stamina-wise, there's no question about that,” Ravens coach John Harbaugh said.
SPORTS
By Aaron Dodson, The Baltimore Sun | May 31, 2014
It was a battle of two eerily similar teams. Heading into Saturday's game at Navy-Marine Corps Memorial Stadium, the Chesapeake Bayhawks and Ohio Machine - both 1-3 - sat at the bottom of the Major League Lacrosse standings. Both teams had struggled to put points on the scoreboard this season, as Chesapeake had netted a league-low 38 goals and Ohio scored just 45. Each team was looking to get back on track by ending a losing streak, and the Machine emerged as the team to do so, defeating Chesapeake, 15-11, to improve to 2-3 and pick up its first win since the season opener April 26. It was the first time Ohio beat the Bayhawks (1-4)
SPORTS
By Mike Preston, The Baltimore Sun and By Mike Preston, The Baltimore Sun | May 18, 2014
The beginning of the end came early for Johns Hopkins. Very early. After falling behind 6-0 midway in the first quarter, Johns Hopkins tried to rally several times but couldn't withstand the constant offensive pressure as top-seeded Duke routed the unseeded Blue Jays, 19-11, at Delaware Stadium in an NCAA quarterfinal Sunday afternoon. The win by Duke appears to be part of their annual march to the Final Four - the Blue Devils will make their eighth straight semifinal appearance next weekend at M&T Bank Stadium.
BUSINESS
By Hanah Cho, The Baltimore Sun | September 8, 2010
Ciena Corp., a Linthicum-based maker of telecommunications networking equipment, said Wednesday its loss widened in the fiscal third quarter partly because of costs associated with the purchase of Nortel's Metro Ethernet Networks division. Net loss for the quarter ending July 31 was $109.9 million, or $1.18 per share, compared with a loss of $26.5 million, or 29 cents per share, in the corresponding period last year. Revenue for the quarter was $389.7 million, which includes $221.8 million from the Metro Ethernet Networks business.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | October 22, 2012
Young companies in Maryland, Washington and Northern Virginia raised 14 percent less venture capital funding in the third quarter than they did last year during the same period, according to a new report from PricewaterhouseCoopers. Mid-Atlantic companies attracted $215.7 million from venture capitalists from July to September, compared with $245.7 million in the same period last year, the report showed. The regional decline mirrored a national one. Nationwide, $6.5 billion was invested in companies, down 11 percent from the third quarter last year.
SPORTS
By Michael Lee and The Washington Post | May 13, 2014
WASHINGTON - The offense was dragging and desperately in need of some direction when coach Randy Wittman called on his most tested veterans to serve up a lesson in ball movement, hustle and huge shots. With Andre Miller putting on a point guard clinic, Al Harrington delivering a flashback offensive performance and Drew Gooden dashing all over the court with abandon, the Washington Wizards went into the locker room Sunday with a double-digit halftime lead over the Indiana Pacers. When the Wizards returned for the third quarter and Wittman put the game back into the hands of his starters, the offense flew off the rails once again.
SPORTS
By Glenn Graham, The Baltimore Sun | May 12, 2014
The defending Class 4A-3A champion Westminster boys lacrosse team is familiar with weather delays disrupting its plans in the playoffs. Before capturing last year's state title against South River, the Owls had to come back a second day before they could celebrate. It happened again Monday night in their Class 4A North region District 1 title game at Howard, as play was suspended after thunder and lightning started at halftime. In a battle of 15-0 teams, the visiting No. 8 Owls had a 5-3 halftime lead against the No. 9 Lions before play was suspended.
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