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News Summary.
May 3, 2006... Byline: Daily Record Staff and Wire Reports
Summer's power outlookPJM Interconnection, the regional power grid operator, said it expects the power system to be ready this summer with sufficient generating capacity to meet consumers'...
Credit card fees squeeze merchants.
May 3, 2006... Byline: Ben Mook
You've gone for a quick take-out lunch, or maybe popped into the corner convenience store for a paper and a coffee. Just as you reach the cash register comes the realization: You don't have enough cash with you, and the...
MD Legal Briefs: May 3, 2006.
May 3, 2006... Byline: Daily Record Staff
Raging no moreAn Upper Marlboro man who shot and killed a Clinton man as a result of road rage has pled guilty to manslaughter and use of a handgun in the commission of a felony, the Prince George's County...
Baltimore County Executive urging Towson planning team to keep focus.
May 3, 2006... Byline: James Mosher
Baltimore County's chief elected official plans to give a pep talk to participants in a Towson community planning process tonight, following a recent call by the forum's leader for activists to remain calm about...
New office towers in Baltimore generate interest.
May 3, 2006... Byline: Jen Degregorio
Baltimore's strengthening office market led to opposite fates for two downtown office towers. The Alex. Brown building at 1 South St. recently changed hands, while the owner of the Wachovia tower at 7 St. Paul St....
'Home visit' passes muster with Maryland Special Court of Appeals.
May 3, 2006... Byline: Caryn Tamber
Evidence of a burglary obtained after a "home visit" to two probationers was admissible in court, the Court of Special Appeals has held.In 2002, Robert Volkomer was a suspect in a break-in at an animal hospital in...
Numbers sink Silver Spring-based United Therapeutics Corp.
May 3, 2006... Byline: Joe Bacchus
United Therapeutics Corp.'s quarterly financials came in short of projections, pushing its stock down about 8 percent.Again.For the quarter ended March 31, the Silver Spring-based drugmaker reported total revenue of...
$3M pledged for legal immigrants' care in Gov. Ehrlich's 2008 budget.
May 3, 2006... Byline: Cynthia Di Pasquale
The governor signed a bill into law yesterday requiring an allocation of at least $3 million in health care benefits for eligible immigrant women and children in his fiscal year 2008 budget.Gov. Robert L....
Bethesda-based Hanger Orthopedic Group Inc.'s unit walks out product.
May 3, 2006... Byline: Karen Buckelew
Hanger Orthopedic Group Inc.'s subsidiary, Innovative Neurotronics Inc., this week launched its first product -- a treatment designed to allow stroke victims and other patients with foot and ankle impairments to walk...
Md. government to save millions on power bills in reverse energy auction.
May 3, 2006... Byline: Kathleen Johnston Jarboe
Maryland state government will save an estimated $10 million on power bills this year after completing a reverse energy auction yesterday.The auction came as two-year contracts to supply 5,000 state...
Grandparents' visitation law survives challenge.
May 3, 2006... Byline: Ann W. Parks
A pair of doting New Jersey grandparents who kept photo albums, videos, letters and even E-Z Pass receipts from visits with their grandkids in Maryland was collecting more than just clutter.They were unwittingly...
Summer's power outlook.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
PJM Interconnection, the regional power grid operator, said it expects the power system to be ready this summer with sufficient generating capacity to meet consumers' forecasted peak usage. PJM...
Advancis narrows loss.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
Advancis Pharmaceutical Corp., of Germantown, a developer of anti-infective products, reported a first-quarter net loss of $7.6 million, or 25 cents per diluted share, on revenue of $860,000, versus...
FTI's flat results.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
FTI Consulting Inc., a provider of consulting and technology services, reported first-quarter net income of $12.3 million, or 31 cents per diluted share, on revenue of $169.3 million, versus net...
Vertis cuts loss.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
Vertis Inc., of Baltimore, a provider of targeted advertising, media and marketing services, reported a first-quarter net loss of $21.5 million on revenue of $358.5 million, versus a net loss of...
TVI's new client.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
TVI Corp., of Glenn Dale, a manufacturer of counter-terrorism products, said it received an order totaling more than $1.1 million to supply decontamination shelters to the United Kingdom's Fire...
Cambridge-based Hi-Tech Plastics Inc. to close.
May 3, 2006... Byline: Daily Record Staff
Hi-Tech Plastics Inc., of Cambridge, a manufacturer of custom plastic parts for industry, is closing its headquarters and manufacturing plant and auctioning its inventory, including injection molders, dryers,...
Fairfield teams picked by Baltimore Development Corp.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
The Baltimore Development Corp. announced the selection of four development teams for five lots in the Fairfield Urban Renewal Area that were the subject of a previously issued Request for...
Four to receive awards.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
The University of Maryland's Robert H. Smith School of Business will present the Smith Leadership Awards to four recipients -- PepsiCo, XM Satellite Radio Holdings Inc., the founder of MedImmune...
Retail center expansion.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
Madison Marquette Realty Services LP, a Washington, D.C.-based real estate development and property management company, said it will add more than 40,000 square feet of space by spring of 2008 to...
High-tech shirt.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
Sensatex Inc., of Bethesda, a company that develops so-called smart textile materials and applications, said its SmartShirt System is ready for testing by consumers, following a successful series of...
Pricey properties.
May 3, 2006... Byline: Daily Record Staff & Wire Reports
Two valuable parcels on the Assawoman Bay and St. Martin's River totaling 344 acres were sold Monday for $8.7 million, or more than $25,000 an acre, to a New York couple who will develop the land....
Regional power grid operator expects to meet summer's electricity needs.
May 3, 2006... Byline: Daily Record Staff
PJM Interconnection, the regional power grid operator, said it expects the power system to be ready this summer with sufficient generating capacity to meet consumers' forecasted peak usage. PJM manages the...
Germantown-based Advancis Pharmaceutical Corp. narrows loss.
May 3, 2006... Byline: Daily Record Staff
Advancis Pharmaceutical Corp., of Germantown, a developer of anti-infective products, reported a first-quarter net loss of $7.6 million, or 25 cents per diluted share, on revenue of $860,000, versus a net loss of...
FTI Consulting Inc. flat results.
May 3, 2006... Byline: Daily Record Staff
FTI Consulting Inc., a provider of consulting and technology services, reported first-quarter net income of $12.3 million, or 31 cents per diluted share, on revenue of $169.3 million, versus net income of $12.5...
Baltimore-based Vertis, Inc. cuts loss.
May 3, 2006... Byline: Daily Record Staff
Vertis Inc., of Baltimore, a provider of targeted advertising, media and marketing services, reported a first-quarter net loss of $21.5 million on revenue of $358.5 million, versus a net loss of $129.9 million on...
Glenn Dale-based TVI Corp. receives $1.1M order from UK.
May 3, 2006... Byline: Daily Record Staff
TVI Corp., of Glenn Dale, a manufacturer of counter-terrorism products, said it received an order totaling more than $1.1 million to supply decontamination shelters to the United Kingdom's Fire Service...
Four Maryland businesses to receive awards.
May 3, 2006... Byline: Daily Record Staff
The University of Maryland's Robert H. Smith School of Business will present the Smith Leadership Awards to four recipients -- PepsiCo, XM Satellite Radio Holdings Inc., the founder of MedImmune Inc. and the CEO...
Charles County retail center plans expansion.
May 3, 2006... Byline: Daily Record Staff
Madison Marquette Realty Services LP, a Washington, D.C.-based real estate development and property management company, said it will add more than 40,000 square feet of space by spring of 2008 to the Festival at...
Bethesda-based Sensatex Inc.ready to test it's SmartShirt System.
May 3, 2006... Byline: Daily Record Staff
Sensatex Inc., of Bethesda, a company that develops so-called smart textile materials and applications, said its SmartShirt System is ready for testing by consumers, following a successful series of tests by...
Bethesda-based Sensatex Inc. ready to test it's SmartShirt System.
May 3, 2006... Byline: Daily Record Staff
Sensatex Inc., of Bethesda, a company that develops so-called smart textile materials and applications, said its SmartShirt System is ready for testing by consumers, following a successful series of tests by...
Land goes for $25,000 an acre on Assawoman Bay in Ocean City.
May 3, 2006... Byline: Daily Record Staff
Two valuable parcels on the Assawoman Bay and St. Martin's River totaling 344 acres were sold Monday for $8.7 million, or more than $25,000 an acre, to a New York couple who will develop the land. Lillian Rios...
News Summary.
May 4, 2006... Byline: Daily Record Staff and Wire Reports
TVI's profit dropsTVI Corp., of Glenn Dale, a supplier of rapidly deployable systems for counter-terrorism first responders, reported net income of $1.2 million, or 4 cents per diluted share, on...
Glenn Dale-based TVI's profit drops.
May 4, 2006... Byline: Daily Record Staff
TVI Corp., of Glenn Dale, a supplier of rapidly deployable systems for counter-terrorism first responders, reported net income of $1.2 million, or 4 cents per diluted share, on revenue of $9.3 million, versus net...
Rockville-based Federal Realty Investment Trust shows results.
May 4, 2006... Byline: Daily Record Staff
Federal Realty Investment Trust, of Rockville, an equity real estate investment trust specializing in prime retail and urban mixed-use properties, reported first-quarter funds from operations of $43.4 million, or...
Swedish retailer sees opportunity in Maryland.
May 4, 2006... Byline: Kara Kridler
As Maryland loses Hecht's department stores, a Swedish fashion chain specializing in trendy and reasonably priced clothing is preparing to expand its presence in the area. Hennes and Mauritz, better known as H&M,...
Hunt Valley-based Sinclair Broadcast reports flat earnings.
May 4, 2006... Byline: Daily Record Staff
Sinclair Broadcast Group Inc., of Hunt Valley, a television broadcasting company that owns or operates 58 stations in 36 U.S. markets, said first-quarter profit was little changed as gains in local advertising...
MD COSA rules tornado victim didn't wait too long to take his insurance company to court.
May 4, 2006... Byline: Barbara Grzincic
A victim of the April 2002 La Plata tornado did not wait too long to take his insurance company to court, the Court of Special Appeals has held. Reversing a ruling for Centre Insurance Co., the appellate court...
Baltimore area hospitals prepare for possible avian flu pandemic.
May 4, 2006... Byline: Karen Buckelew
Baltimore area hospitals still are in the midst of preparations for a possible avian flu pandemic, fine-tuning emergency preparedness plans they began developing after the 9-11 terrorist attacks. Even the state's...
Baltimore-based Venable LLP's shuffle puts Shea in chairman's seat.
May 4, 2006... Byline: Caryn Tamber
Venable LLP has reshuffled its top management, with the partners choosing long-time managing partner James L. Shea to replace Benjamin R. Civiletti as chairman.Karl A. Racine will take over the managing partner...
Baltimore area hospitals prepare for possible avian flu pandemic.
May 4, 2006... Byline: Joe Bacchus
Maryland's public and private sectors are taking the possibility of a massive flu outbreak seriously.Yesterday, President Bush announced a national strategy in the event the United States is struck by a pandemic...
Homeless sex offender challenges registration rule in MD COA.
May 4, 2006... Byline: Ann W. Parks
The Court of Appeals today will consider the case of a 65-year-old man who, after serving 26 years in jail for rape, was jailed again less than two years after his release for failure to follow the registration...
Business response key to a avian flu pandemic.
May 4, 2006... Byline: Kathleen Johnston Jarboe
As media reports repeatedly warned of a possible avian flu pandemic last year, officials at CareFirst BlueCross BlueShield took notice. About six months ago, the group that insures 3.4 million individuals in...
Weinberg Foundation in Baltimore looks to trim portfolio.
May 4, 2006... Byline: Jen Degregorio
The Harry and Jeanette Weinberg Foundation plans to auction this month eight properties it owns on the West Side of Baltimore City, an event city leaders hope will revitalize the depressed area. Located on the 300...
MD Legal Briefs: May 4, 2006.
May 4, 2006... Byline: Daily Record Staff
FTC sues city firm The Federal Trade Commission yesterday filed its first-ever lawsuits against five Web-based operations, including a Baltimore-based company, which it alleges fraudulently obtain and sell...
Dispute over snow removal at Glen Burnie mall heads back to circuit court.
May 4, 2006... Byline: Cynthia Di Pasquale
The owners of a Glen Burnie strip mall will get a second chance in court to recover attorney fees from their insurer for defending themselves against an unpaid remodeling company that cleared and repaired their...
Baltimore-based Target Logistics Inc. boosts profit.
May 4, 2006... Byline: Daily Record Staff
Target Logistics Inc., of Baltimore, a domestic and international freight forwarder and logistics provider, reported net income for its fiscal third quarter ended March 31 of $609,642, or 3 cents per diluted...
Silver Spring-based TV One grows.
May 4, 2006... Byline: Daily Record Staff
TV One, of Silver Spring, a cable television network focused on black viewers, said it surpassed the 30 million household subscriber mark a little more than two years after its national launch. The network cited...
Three explosives detection canine teams now protecting MD mass transit.
May 4, 2006... Byline: Daily Record Staff
The U.S. Transportation Security Administration, Maryland Transit Administration and Maryland Transportation Authority jointly announced that three explosives detection canine teams are now providing security for...
Gaithersburg-based Iomai Corp. seeks federal funding.
May 4, 2006... Byline: Daily Record Staff
Iomai Corp., of Gaithersburg, which develops vaccines and immune system stimulants, delivered to the skin instead of injected with a needle, said it submitted a proposal to federal health authorities for funding...
Silver Spring-based WorldSpace Inc. launches service to India.
May 4, 2006... Byline: Daily Record Staff
WorldSpace Inc., of Silver Spring, a provider of programming to satellite radio systems outside the United States, said it launched subscription service in four new Indian markets: Goa, Jaipur, Nagpur and...
College Park-based LogicTree Corp. opens new offices in Bowie.
May 4, 2006... Byline: Daily Record Staff
LogicTree Corp., a provider of multimodal voice and data access systems that has been headquartered in College Park since its founding in 1997, announced the opening of its new offices in the Maryland Technology...
Germantown-based Telkonet Inc. forms new division.
May 4, 2006... Byline: Daily Record Staff
Telkonet Inc., of Germantown, which develops products for high-speed Internet access over electrical power lines, said it formed a new division, Telkonet Energy Services, to provide energy data and management...
Baltimore-based GSE Systems Inc. receives more than $2.7M in contracts.
May 4, 2006... Byline: Daily Record Staff
GSE Systems Inc., of Baltimore, which makes real-time simulation and training software, said it has received several contracts for fossil power plant simulators in its Asia Pacific and U.S. markets, with a total...
Baltimore's Alex Brown office tower plagued with high vacany rate.
May 5, 2006... Byline: Jen Degregorio
One of the most distinctive features of the Baltimore skyline is the 30-story Alex Brown office tower, a trophy property with few equals downtown.The building -- worth an estimated $69 million, according to data from...
Commentary: The Internet isn't the only place for tech advances; check the gas tank.
May 5, 2006... Byline: Larry Fiorino
Rising gas prices have many of us wondering where America's next fuel source is going to come from. Some, including corn producers, have touted ethanol as a possible alternative fuel.Ethanol, or ethyl alcohol, is made...
Baltimore firm uses desktop computers to keep Chesapeake Bay clean.
May 5, 2006... Byline: Joseph Patrick Bulko
Founded in 1997 as a design firm for coastal development, CoastWatch Engineering and Planning LLC has been transitioning over the past couple of years into a technology-based company using computers to monitor...
Owings Mills-based Medifast Inc. on the fast track to fat city.
May 5, 2006... Byline: James Mosher
Shrinking waistlines are adding up to fatter bottom lines for one Baltimore County company. And an endorsement from one of the nation's most prestigious medical colleges is helping to pad profits as well.Owings...
Commentary: Foundations from Baltimore, Eastern Shore win national approval.
May 5, 2006... Byline: Betsy Nelson
Community foundations in our country serve tens of thousands of donors and administer more than $31 billion in charitable funds. What's unique about these foundations is that they exist primarily to solve community and...
There's a new environmental advocacy group in Annapolis.
May 5, 2006... Byline: Dori Berman
Fresh off a win with the passage of the Healthy Air Act this year, Brad Heavner this week set out on a new endeavor to conquer more of Maryland's environmental ills.Maryland Public Interest Research Group's executive...
Commentary: Bring your hands, head and heart together for creativity, productivity.
May 5, 2006... Byline: Satish B. Parekh
U.S. businesses are worried about remaining globally competitive in an increasingly flat world. Ever-expanding trade and balance of payment deficits are cited as evidence of our businesses losing ground to those...
Commentary: Maryland's great military, economic buildup coming.
May 5, 2006... Byline: Christian S. Johansson
Greater Baltimore has long been a central figure in this country's defense industry. Since World War I, Fort Meade in Anne Arundel County and Aberdeen Proving Ground in Harford County have served as key...
Commentary: Coming to Maryland: Entrepreneur moves here with a dream.
May 5, 2006... Byline: Neil R.G. Young
Recently, the news has focused on the issue of immigration. Sure, there are problems, but also compelling success stories. People leave the countries of their birth looking for something that historian James Truslow...
Commentary: Maryland's economy grows for fourth consecutive month.
May 5, 2006... Byline: John Hopkins
The RESI Maryland Leading Index grew 0.4 percent in February, the fourth consecutive monthly increase, and an increase of 2.5 percent over the past 12 months. The index is an indicator of state economic performance...
MD Office of the Attorney General alleges investment adviser took at least $250K from elderly coupl.
May 5, 2006... Byline: Daniel Ostrovsky
The state Office of the Attorney General is seeking to bar Gloria J. Askins from acting as an investment adviser in Maryland and to fine her for violating the Maryland Securities Act.Tuesday's order to show cause...
Maryland banks announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
BANKINGThe Columbia Bank, a full-service commercial bank headquartered in Howard County with 25 locations in the Baltimore-Washington, D.C. region, has expanded the business responsibilities for...
Maryland boards announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff
BOARDSN. Gordon Knox, a lawyer in the Baltimore and Columbia offices of Miles & Stockbridge PC, has been appointed to a three-year term on the board of the Fort Meade Alliance. The mission of the Alliance is to...
Enterprise Community Partners announces staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff
DEVELOPMENTThe Enterprise Community Partners Board of Trustees has promoted Mark Cavanaugh, currently vice president, chief financial officer and treasurer, and Stockton Williams, currently vice president for...
Maryland educational institutions announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff
EDUCATIONCare Resources Inc., a leading provider of comprehensive special education staffing and compliance solutions to public education and juvenile service agencies, hired Lin Leslie as vice president of Sales...
Maryland financial institutions announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
FINANCEHeritage Financial Consultants LLC has hired Lynn Nucci as its new client relationship manager. Entering the job with more than 16 years of experience in the financial services field, Nucci...
Maryland technology companies announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
INFORMATION TECHNOLOGYCongruent Media, an Internet solutions firm based in Little Italy, hired Jason Morgan as a programmer and application developer. Morgan has an extensive background in...
James Campbell named general manager for ICAT Logistics Inc.'s Linthicum headquarters.
May 5, 2006... Byline: Daily Record Staff
LOGISTICSICAT Logistics has added James Campbell to its management team. Campbell will serve as the general manager at ICAT's Linthicum headquarters. Prior to joining ICAT, Campbell served as product manager at...
Maryland marketing firms announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
MARKETINGMarketing firm gkv communications has hired Stefan Fielding-Isaacs as senior vice president of its Interactive Division. Fielding-Isaacs joins gkv after having served as the senior...
Maryland real estate firms announce staffing changes: May 5, 2006.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
REAL ESTATEMacKenzie Retail, the retail sales and leasing division of MacKenzie Commercial Real Estate Services LLC, has hired Meghan M. Saylor to the retail sales and leasing team in its...
Commentary: Baltimore's Pro Bono Mediation Project is ADR with a twist.
May 5, 2006... Byline: Joe Surkiewicz
The Baltimore City Pro Bono Mediation Project is an alternative dispute resolution process with a twist. Disputing parties don't just sit in a room with a mediator to work out their differences in complex family law...
Law Review.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
Defendant can explain lackof counsel at sentencingA man convicted of evading police in a high-speed car chase two years ago will get a new sentencing hearing since the Cecil County trial judge did...
Business Review.
May 5, 2006... Byline: Daily Record Staff and Wire Reports
No minimumWhile many convenience stores, pizza shops and other retailers impose a minimum purchase on customers before they can pay with a charge card -- the practice is actually prohibited by...
Wegmans, Greenberg team to build third Maryland store.
May 5, 2006... Byline: JAMES MOSHER
A growing supermarket chain and a Baltimore County-based developer are running arm-in-arm through Maryland.Rochester, N.Y.-based Wegmans Food Markets Inc. will begin building a third store in Maryland next year,...
Wegmans, Greenberg team to build third Maryland store.
May 5, 2006... Byline: James Mosher
A growing supermarket chain and a Baltimore County-based developer are running arm-in-arm through Maryland.Rochester, N.Y.-based Wegmans Food Markets Inc. will begin building a third store in Maryland next year,...
Affordable housing taps eager market in Maryland.
May 5, 2006... Byline: Jen Degregorio
Responding to a lack of affordable housing for Maryland's teachers, police officers and other workers, a new housing development in Germantown is offering Montgomery County employees discounted rates on...
Claire Mclean of Lothian runs Presidential Pet Museum.
May 6, 2006... Byline: Ben Mook
Since 1999, Claire McLean has used a pole barn next to her home in Lothian to house the Presidential Pet Museum, a repository of memorabilia chronicling the menagerie of animal companions kept by presidents -- from George...
Commentary: Get aggressive on par threes.
May 6, 2006... Byline: Joe Rahnis
In my humble opinion, far too many recreational golfers overlook par threes as realistic scoring opportunities. Most golfers are more than happy to post a three and head to the next tee, especially if there is water or...
News Summary.
May 6, 2006... Byline: Daily Record Staff and Wire Reports
Flexcar at UMCPIn an effort to encourage people at the University of Maryland, College Park campus to leave their cars at home, the university and Seattle-based Flexcar, which operates car-sharing...
Farm, seafood jobs may go to Maryland prisoners.
May 6, 2006... Byline: Ben Mook
To help solve labor shortages in the agriculture and seafood processing industries, a recently enacted law would tap into a captive labor pool. Literally.The law authorizes the Department of Public Safety and Correctional...