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Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist

Tuesday, September 06, 2011

CityBizLIST: Agencies Accused of Withholding Docs; Platinum Holds $67.8M in Ciena; German DAX Crushed as Deutsche Bank CEO Offers Truth


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Business News

  1. Courtyard by Marriott Becomes Official Hotel Sponsor of the NFL
  2. Nike, Under Armour Battle Rages As Back-To-School Sales Impress
  3. Less Than Half Of Stimulus Jobs Went To Unemployed, Study Finds - By Megan Poinski
  4. Rexahn Pharmaceuticals Announces US Patent Issued
  5. Grace Receives Department of Energy Grant for Carbon Capture Technologies
  6. The Harry and Jeanette Weinberg Foundation Appoints John F. Lingenfelter, CFA as Vice-President of Finance
  7. QIAGEN to Develop New Companion Diagnostic for Compound in Clinical Trials for Blood Cancers
  8. Harvest Power Acquires Coastal Supply
  9. T. Rowe Price Group Declares Quarterly Dividend
  10. Certis USA is Rewarded with Energy Efficiency Award



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LATEST NEWS
Tuesday, September 6, 2011
PEOPLE     NEWS FROM YOU     BETWEEN THE TWEETS     SPORTS
EDITOR'S TOP 5Baltimore Editor, Brian Wolak

Plaintiffs: State Agencies Withholding Documents in State Center Suit

The state Departments of Transportation and General Serviceshave failed to produce any of the requested documents required by the court in the State Center redevelopment lawsuit, according to a plaintiff's motion seeking the court's intervention into the matter. The plaintiffs, comprised of downtown building owners, restaurants and retail businesses, provided a copy of their motion, which is available as a SCRIBD document below. MORE

Australia’s Platinum Investment Reports $67.8M Stake in Ciena Corp.

Gary B. Smith
By Bill Murphy
LINTHICUM, Md. -- Australia's Platinum Investment Management Limited (ASX: PTM) has reported a 5.1 percent stake worth $67.80 million in Ciena Corp. (Nasdaq: CIEN), according to an SEC filing. The Sydney-based fund manager said it owned 4.92 million shares in the maker of telecommunication gear. The stake's value is based on the stock's closing price of $13.78 per share on Sept. 1. Led by president and CEO Gary Smith, Ciena, headquartered in Linthicum, Md... MORE

German DAX Crushed As Deutsche Bank CEO Offers Truth On Banks

Josef Ackermann
By TraderMark
European shares are being blistered today as the continent returns from 'August vacation'. As I have been writing the past few weeks it is always bemusing how Europe gets pushed aside from time to time, as if its issues don't matter... and then suddenly they do again. It's just difficult to catch when issues (that never went away) matter to the markets. I am not sure why Germany is being so impacted over and above other countries. MORE

Cambridge Information Group Takes 7.2% Stake in InfoSpace

Andrew M. Snyder
By Brian Wolak
Cambridge Information Group​ (CIG) has taken a 7.2 percent stake inInfoSpace Inc. (Nasdaq:INSP) after buying 764,192 shares recently. With a total of 2.85 million shares, CIG's holding is worth $26 million based on Friday's closing price of $9.11. Based in Bethesda, Md., CIG is a management and investment firm that targets education, research, and information services companies. Led by CEO Andrew Snyder, the firm has made over 30 acquisitions... MORE

Less Than Half Of Stimulus Jobs Went To Unemployed, Study Finds

By Megan Poinski
Only about 43% of all jobs created by projects funded by the $787 billionfederal stimulus bill went to people who were unemployed, according to a new study from the Mercatus Center at George Mason University. The rest of the jobs...MORE
Brian WolakCitybizlist Managing Editor
brian.wolak@citybizlist.com
Follow on Twitter - @brianwolak
MORE BREAKING NEWS

Nike, Under Armour Battle Rages As Back-To-School Sales Impress

Caption
By Jefferson Starship
Despite some horrific employment numbers being released last week, there was some good news in that back-to-school sales were strong -- better than this time last year. This can mean a few things. The first is that the economy isn't really as bad as the media makes it out to be and American spending habits... MORE

Has Ciena Finally Turned The Corner?

By Stone Fox Capital
Ciena (CIEN) soared after reporting an EPS beat and non-GAAP profits for the first time in several quarters. CIEN had a impressive mix of improved revenue combined with a reduction in operation expenses. The real question is whether this combination can last in the competitive environment. Ciena has long been a leading optical and networking equipment provider back to the internet bust in 2000. Since the bust, CIEN has had some good periods, but it has never been able to flourish. MORE

Colfax Responds to Rumors Regarding Acquisition of Charter International

Clay H. Kiefaber
Colfax Corporation (NYSE: CFX) today confirmed, in response to market rumors, that it is in preliminary discussions regarding a possible all-cash offer to acquire Charter International plc (LSE: CHTR). Colfax believes the acquisition of Charter, if consummated, would complement its stated strategy which, in addition to driving organic growth, includes pursuing value-creating acquisitions within its served markets, and adding complementary growth platforms to provide scale and revenue diversity. MORE

American Capital Achieves $93M Gain From Value Plastics Exit

Malon Wilkus
American Capital Ltd. (Nasdaq: ACAS) announced today that on August 26, 2011 its portfolio company VP Acquisition Holdings, Inc. was acquired by Nordson Corporation (Nasdaq: NDSN) for $250 million. American Capital received $138 million in proceeds and realized a gain of $93 million during the third quarter from the transaction, subject to post-closing adjustments. Value Plastics was advised by Lazard Middle Market LLC on the transaction. Including investments in Value Plastics by American... MORE

Courtyard by Marriott Becomes Official Hotel Sponsor of the NFL

Kicking off football season in a big way,Marriott International today announces that it has signed a multi-year deal with the National Football League to be the exclusive lodging category sponsor. Its Courtyard by Marriott​ brand will be at the forefront as the "Official Hotel Sponsor of the NFL," offering opportunities of unique... MORE


Harvest Power Acquires Coastal Supply

Governor O'Malley - Maryland Venture Fund Authority Swearing-In

Stanley Black & Decker To Complete All-Cash Offer For Niscayah

HUD Announces $52.8M For Community Development And Affordable Housing In Maryland


Maryland Ends Year With A Surplus - As Much As $990 Million - By Megan Poinski


SC&H Group
Celebrating 20 years of service, SC&H Group is a widely-acclaimed CPA and management consulting group serving clients from emerging businesses to the largest Fortune 500 companies. To learn more, visit www.SCandH.com


PEOPLE

The Harry and Jeanette Weinberg Foundation Appoints John F. Lingenfelter, CFA as Vice-President of Finance

John Lingenfelter

The Harry and Jeanette Weinberg Foundation, one of the largest private foundations in the United States, today announced that John F. Lingenfelter,CFA, has been appointed as Vice-President of Finance. The newly created position is based in the Foundation's Owings Mills, Maryland, office. The Vice-President of Finance, who reports... MORE

Game Trading Technologies CFO Richard Leimbach Resigns

Please send citybizlist your professional announcements (preferably with photo) to people@citybizlist.com.

Want to change your email marketing game? Plan to attend the 2011 WhatCounts Email Summit Oct. 4-5, 2011 at the Palms Casino & Resort in Las Vegas for 2 days of intense training and education. Register now!


LINKEDIN PEOPLE

Andy Snyder

President at Cambridge Information Group

Randy Thompson
President & CEO at ThompsonGas

Malon Wilkus
Founder, Chairman & CEO at American Capital

Citybiz Jobs - Post and find jobs in your local market
Citybizlist jobs reaches not only our C-Level audience but also readers of TechCrunch, The Harvard Crimson, VentureBeat, and other leading business sites. ContactValerie Miller at Valerie.Miller@citybizlist.com for details.
BETWEEN THE TWEETS

MDBiz Jobs at 70+ Baltimore private companiesbizjournals.com/baltimore/blog… via @bbjonline

bbjonline If you're getting back from a long weekend away, get caught up on this weekend's Grand Prix bizj.us/b31xn#bgp2011

WYPR881FM WYPR Newsroom Update Grand Prix Redux, Early Voting, School & School Board Reform, and Tree Planting ow.ly/1ezfO6


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SITE OF THE DAY

Cambridge Information Group





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CITYBIZ JOBS

Web Developer - PHP at Visionmark Communications | Baltimore

Visionmark Communications is a full service advertising and marketing communications firm located just around the corner from Mt. Washington in Baltimore, MD. Opening for a full time PHP developer with 3-5 years of experience to join our team and take on the management of multiple new and existing client websites. View Job HERE



Continental Realty Corp. Looking for Senior Managerial Accountant
Seeking a Senior Managerial Accountant to work as part ofMultifamily Property Division, working from Baltimoreheadquarters. The position involves providing direct management accounting and information technology support to our President and the Director of Property Management. View job HERE



Commercial Real Estate Broker at H&R Retail

H & R Retail, with offices in Baltimore and Bethesda, Maryland is the largest retail-only brokerage firm in the Washington, DC/Baltimore, Maryland Metropolitan area.  Their Baltimore office is seeking a candidate to work with two principals of the firm. H&R provides expert advice and execution in the disciplines of tenant representation, agency leasing, surplus property disposition, development advisory, and investment sales. View job HERE


Executive Director at Live Baltimore | Baltimore

The highly innovative and well-regarded nonprofit Live Baltimore is seeking a dynamic and talented Executive Director to build upon its 14-year history of success in marketing the City of Baltimore as a great place to live. This individual should have a proven track record of raising funds from diverse entities, a strategic mind to guide the creation of the organization’s new business plan, and a passion for urban living. View Job HERE

Citybiz Jobs - Post and find jobs in your local market
Contact Valerie Miller at Valerie.Miller@citybizlist.com for details




TO ADVERTISE WITH CITYBIZLIST

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Jennifer Heinlein

Advertising Director
jennifer.heinlein@citybizlist.com
  
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Karen E. Rossbottom

Senior Account Executive
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