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American Capital invests $150 million in portfolio company
Asset management company American Capital Strategies Ltd. said yesterday that in the fourth quarter of last year it committed $150 million in senior subordinated debt financing to support the growth of its portfolio company First Capital.Read more : 18.01.2008 16:45:00
Integral Systems wins contract with Northrop Grumman
Lanham-based Integral Systems Inc. said yesterday that it won a $20.6 million contract to begin the first phase of the development of a satellite control system for defense contractor Northrop Grumman.Read more : 18.01.2008 16:45:00
Fast economic fix urged
Bush, Congress moving toward rebates, incentives Acknowledging the toll taken by a housing slump and lagging consumer spending, President Bush urged Congress yesterday to rush one-time rebates to taxpayers and tax incentives to businesses to give the nation's economy a "shot in the arm."Read more : 19.01.2008 05:00:00
Employment up despite slump
Late-year pickup in hiring contrasts with national slowdown as housing, financial tumult heighten fears of a recession The housing slump, mortgage-company turmoil and increasing fears of recession dampened job creation only modestly in Maryland last year, early numbers from the government suggest.Read more : 19.01.2008 05:00:00
Under Armour shares fall 24%
Slide continues over ad spending Under Armour shares were hammered for a second day yesterday as investors remained skeptical that high marketing costs for a new cross trainer shoe, including a Super Bowl commercial, would justify a trade-off for weak earnings in the first half of the year.Read more : 19.01.2008 05:00:00
Constellation falls a 2nd day
Shares lose 8.5% amid uncertainty over payments Shares of Constellation Energy Group Inc. fell about 8.5 percent in two days as investors reacted to news that Maryland utility regulators may seek to recover certain payments the company received in a deal to deregulate the state's power market in 1999.Read more : 19.01.2008 05:00:00
Insurer downgrade may hit municipals
The downgrading yesterday of bond insurer Ambac Financial Group Inc. is likely to have far-reaching effects, making it more difficult for cities to issue new bonds and forcing further write-downs at financial services companies, analysts said.Read more : 19.01.2008 05:00:00
Dow rises, then falls back in down week for stocks
Wall Street ended a painful week with another decline yesterday as skittish investors unable to hold on to much optimism about the economy drew little comfort from President Bush's stimulus plan.Read more : 19.01.2008 05:00:00
Tax season likely to be particularly tricky
Forms contain new wrinkles and don't think of filing early Get ready for another tricky tax season.Read more : 20.01.2008 05:00:00
Flamboyance, prosperity end suddenly
Friends are baffled over apparent murder-suicide They married on Halloween 1998 - in costume.Read more : 20.01.2008 05:00:00
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