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
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Gary B. Smith
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By Bill MurphyLINTHICUM, 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
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Josef Ackermann
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By TraderMarkEuropean 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
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Andrew M. Snyder
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By Brian WolakCambridge Information Group (CIG) has taken a 7.2 percent stake in InfoSpace 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
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By Megan PoinskiOnly 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
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Caption
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By Jefferson StarshipDespite 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
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By Stone Fox CapitalCiena (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
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Clay H. Kiefaber
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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
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Malon Wilkus
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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
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John Lingenfelter
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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
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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
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
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
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