Mon, 29 May 2006 00:00:00 EDTAfter years of writing about Washington investing, I'm getting ready to buy my first stock in a local company.
Mon, 22 May 2006 00:00:00 EDTFrom Ed Asher's penthouse office on upper Connecticut Avenue, the canopy of leaves that covers Washington's suburbs rolls off in all directions like a verdant sea.
Mon, 15 May 2006 00:00:00 EDTAfter too many years tilting at Washington's windmills, there are few subjects left that can trigger my feelings of outrage.
Mon, 08 May 2006 00:00:00 EDTWatching Jim Cramer on CNBC, ripping the head off a toy bear, then raking his audience with machine-gun sound effects, left me longing for the days when Louis Rukeyser was considered "too showbiz" to be talking about stocks on television.
Mon, 01 May 2006 00:00:00 EDTIn Washington Investing 101 -- and most books on personal finance -- the first chapter is "The Magic of Compounding," a discourse on how your money can grow if you let gains build year after year.
Mon, 17 Apr 2006 00:00:00 EDTFifteen times in a row the Federal Reserve cranked up interest rates and real estate investors stood their ground.
Mon, 10 Apr 2006 00:00:00 EDTWhile Maryland politicians and Constellation Energy Group Inc. executives muck around in the mess they've made of electric rates, Wall Street is looking across the Potomac and worrying that something similar could happen in the Old Dominion.
Mon, 03 Apr 2006 00:00:00 EDTLooking at the list of Washington's best-performing stocks for the first quarter, you'd think it was 1999 all over again.
Mon, 27 Mar 2006 00:00:00 ESTTo the list of those hit hard financially by last year's Gulf Coast hurricanes, add some new names:
Mon, 20 Mar 2006 00:00:00 ESTIf somebody asked if you wanted to buy the Brooklyn Bridge, you'd know it was a con. But how about buying the Indiana Toll Road?
Mon, 06 Mar 2006 00:00:00 ESTBack when Radio One Inc. began buying radio stations, hip-hop was unheard music.
Mon, 20 Feb 2006 00:00:00 ESTIf you think the stocks on the Nasdaq Stock Market have been doing well, take a look at the stock of the Nasdaq Stock Market.
Mon, 13 Feb 2006 00:00:00 ESTThe Washington area is preparing to bid a raucous au revoir to one of its biggest but least-known corporations -- one that arguably never should have existed.
Mon, 06 Feb 2006 00:00:00 ESTWhen Google stock plummeted Wednesday, investors in Maryland's most-vaunted mutual fund, the Legg Mason Value Trust, lost $130 million in value in a single day.
Mon, 30 Jan 2006 00:00:00 ESTFor the chief executive of an $8 billion-a-year business that grows by making acquisitions, Danaher Corp. President H. Lawrence Culp Jr. has an impressive ability to say no.
Mon, 23 Jan 2006 00:00:00 ESTOkay, so Redskins owner Daniel M. Snyder can't get his football team into the Super Bowl, but the guy sure knows how to make money on his new sideline -- the Six Flags amusement park chain.
Mon, 02 Jan 2006 00:00:00 ESTWashington investors had to read the food section and restaurant reviews to find last year's top-performing local stock -- Cuisine Solutions Inc., an Alexandria company that makes gourmet frozen food.
Mon, 26 Dec 2005 00:00:00 ESTConsumers and investors may think it doesn't matter much that Constellation Energy Group Inc., Maryland's biggest utility company, plans to merge with Florida's FPL Group Inc. Think again.
Mon, 12 Dec 2005 00:00:00 ESTThis column is for all those traumatized people who type with their thumbs.
Mon, 05 Dec 2005 00:00:00 ESTJoe E. Robert Jr., the Washington area real estate mogul and philanthropist, has lots of friends.
Mon, 28 Nov 2005 00:00:00 ESTNot since Cal Ripken Jr. has Maryland produced as rich a sports hero as Kevin Plank.
Mon, 21 Nov 2005 00:00:00 ESTWhat do you call a company that's the biggest in its business, valued by Wall Street at more than $16 billion?
Mon, 14 Nov 2005 00:00:00 ESTCarl Icahn has been trying lately to tell General Motors Corp. and Time Warner Inc. how to run their businesses. The 68-year-old New York financier has acquired significant stakes in both companies and is hectoring management to do something to "increase shareholder value" -- in other words, make the stock he just bought worth more.
Mon, 07 Nov 2005 00:00:00 ESTIf you want to understand how nervous real estate investors are these days, take a look at Mills Corp., the company that owns Potomac Mills, Arundel Mills and dozens of other mega-malls.
Mon, 31 Oct 2005 00:00:00 ESTEvery week the Bloomberg news service compiles a list of companies that get the best rankings from Wall Street analysts. And every week for months, AES Corp. of Arlington has been on that list, ranking among the 30 most highly recommended stocks in the Standard & Poor's 500-stock index.
Mon, 24 Oct 2005 00:00:00 EDTMarrying into a family can always bring problems, but rarely do family feuds turn nasty as fast as the dust-up between Sprint Nextel Corp. and Nextel's most successful offspring.
Mon, 17 Oct 2005 00:00:00 EDTEvery fall, the biotechnology industry used to get a predictable lift from an annual conference on infectious diseases where biotech companies report their latest drug research. A hint of success in the lab or in patient testing for one or two new drugs would elevate the whole risky sector.
Mon, 10 Oct 2005 00:00:00 EDTJudging from what happened before WorldSpace Inc. went public in August, the Silver Spring-based satellite radio service should have pulled off Washington's hottest initial public offering since the Roaring '90s.
Mon, 03 Oct 2005 00:00:00 EDTFannie Mae, Freddie Mac, Marriott International.
Mon, 26 Sep 2005 00:00:00 EDTDriven by Katrina and now Rita, higher prices are rolling through the building and construction business, affecting both consumers and investors.
Mon, 19 Sep 2005 00:00:00 EDTUS Airways of Arlington is on Runway 11, revving its engines to fly out of bankruptcy.
Mon, 29 Aug 2005 00:00:00 EDTSmall-time stock traders love to try to make money off news events, so when the London transit bombers were caught on video cameras recently, electronic surveillance stocks got hot.
Mon, 22 Aug 2005 00:00:00 EDTMicroStrategy Inc. has produced such solid profits and strong stock performance recently that it was almost possible to believe the company had put its past behind it and matured into what it was always meant to be -- a nice second-tier software maker.
Mon, 15 Aug 2005 00:00:00 EDTMove over, Lockheed Martin.
Mon, 01 Aug 2005 00:00:00 EDTWhen Marriott International Inc. spun off a new real estate investment company to buy hotels, so many investors wanted in on the deal that the year-old company, DiamondRock Hospitality Co., sold $292 million worth of stock in May instead of the $172 million it had first offered.
Mon, 25 Jul 2005 00:00:00 EDTSix months ago, W.R. Grace & Co. was the hottest stock in town.
Mon, 18 Jul 2005 00:00:00 EDTWhen David S. Oros, the founder of Aether Systems, came by for lunch with editors and reporters six years ago, he was one of the rock stars of Washington business.
Mon, 11 Jul 2005 00:00:00 EDTIn the month before the Trex Co. revealed that slumping sales and rising raw materials costs are eroding profits, three top officials of the Virginia maker of composite deck boards cashed in a combined $2.75 million of their stock.
Mon, 04 Jul 2005 00:00:00 EDTHow much money have you lost in the market so far this year?
Mon, 27 Jun 2005 00:00:00 EDTPay for performance. What a great idea. Too bad the executive compensation system so rarely works that way.
Mon, 13 Jun 2005 00:00:00 EDTThe future of three of the Washington area's biggest financial services companies depends on a question nobody can answer with confidence.
Mon, 06 Jun 2005 00:00:00 EDTOn most rankings of mutual fund performance, two fund families based in the Washington area show up among the biggest winners -- and the biggest losers.
Mon, 30 May 2005 00:00:00 EDTAttention investors: The captain has turned on the seat-belt light. Please prepare for landing.
Mon, 23 May 2005 00:00:00 EDTChampagne corks pop to celebrate initial public offerings, when companies sell stock to the public for the first time, but there are no ceremonies to mark the other end of the corporate life cycle, when a company's stock is delisted.
Mon, 16 May 2005 00:00:00 EDTAs chief executive of E-Trade Financial Corp., Mitchell H. Caplan is determined to be a winner in the multibillion-dollar game of musical chairs in the online investing business.
Mon, 09 May 2005 00:00:00 EDTRiggs Bank's customers and shareholders are facing a tough decision: Should they stay, or should they go?
Mon, 02 May 2005 00:00:00 EDTAs a maker of "wearable computers," Xybernaut Corp. of Fairfax has been far more successful at selling stock than selling computers.
Mon, 25 Apr 2005 00:00:00 EDTAs chief executive of NVR Inc., the Washington area's biggest home builder, Dwight C. Schar gets a lot of grief.
Mon, 18 Apr 2005 00:00:00 EDTOther investors may own more MCI stock, but few have as much at stake in the fight for control of MCI Inc. as Baltimore's Legg Mason Inc.
Mon, 11 Apr 2005 00:00:00 EDTYou can't help but be reminded of the Little Engine That Could when you chart the stock price of Massey Energy Co. of Richmond.
Mon, 04 Apr 2005 00:00:00 EDTIn the gloomiest quarter in two years for Washington investors, one stock glowed like it was radioactive.
Mon, 28 Mar 2005 00:00:00 ESTAs a long-time advocate for investors, it pains me to say it, but MCI Inc.'s board of directors ought to tell shareholders who oppose merging with Verizon Communications Inc. to take a hike.
Mon, 07 Mar 2005 00:00:00 ESTWith Kmart and Sears preparing for a summer wedding and the nation's two biggest department store groups celebrating their engagement, investors may be tempted to start shopping for retail stocks.
Mon, 28 Feb 2005 00:00:00 ESTFannie Mae's stock finally had a good day on Friday--after a six-day slide that cost its shareholders $6 billion.
Mon, 03 Jan 2005 00:00:00 ESTFlirting with bankruptcy is getting to be the most reliable way for Washington investors to pick a top-performing local stock.