Tuesday, July 31, 2018

Tenable raised $288.3 million with its IPO — now what?

“I think this is a testament that great companies can be built outside of Silicon Valley,” COO Jack Huffard says of the strong showing.



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Stanley Black & Decker doubles space in Towson office building

Stanley Black & Decker is doubling its space in a Towson office building just six months after moving in. The Connecticut-based international toolmaker has signed a second 6,600-square-foot lease at 210 Allegheny Ave., giving the company two of the building’s five floors. Stanley Black & Decker inked a deal to occupy the building’s fifth floor in January, bringing 25 employees to the building off Joppa Road. The company expects to move into the additional space this fall. The 30,000-square-foot…



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Legg Mason CEO says 'disconnect' exists between company's stock price and results

CEO Joseph A. Sullivan told shareholders at the Baltimore money manager’s annual meeting on Tuesday that he has never been more confident in the company’s future even as its stock price is down 18 percent year-to-date.



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Flower Mart, a Baltimore tradition, will have a new organizer in 2019

Flower Mart, an annual Mount Vernon tradition signaling the beginning of spring, will have a new organizer next year. Flower Mart at Mt. Vernon, Ltd., the festival’s manager for nearly 20 years, will pass the torch to the Mount Vernon Place Conservancy in 2019, the groups announced Tuesday. “We’re very excited about this opportunity to take it in a new direction while maintaining the tradition of Flower Mart,” Mount Vernon Place Conservancy Executive Director Lance Humphries said. “As the caretakers…



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Report: Female doctors in Maryland make $111,000 less than male doctors

Male physicians working in Maryland make up to 1.5 times what female physicians do, according to new data. MedChi, the Maryland State Medical Society, recently investigated gender pay disparities among doctors practicing in the state, in partnership with national physician search and consulting firm Merritt Hawkins. Gene Ransom, MedChi CEO, said though pay disparities have been noted in previous research, “it is still surprising to see the extent to which they persist.”  Survey data based on…



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COPT lands a Starbucks for its spruced-up 250 W. Pratt St.

There’s no such things as too much Starbucks — at least not in downtown Baltimore where the chain isn’t on every corner like in other cities. So frappuccino lovers will rejoice at the news that 250 W. Pratt St. — the skyscraper emblazoned with Pandora’s name — is getting a Starbucks as part of a $6 million renovation by Corporate Office Properties Trust Inc. (NYSE: OFC). In a marketing brochure for the building, COPT details the 2,400 square-foot “concept” Starbucks" on the west side…



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South Baltimore apartment buildings part of $137.5M portfolio sale

Both 1901 S. Charles and 2 E. Wells are part of an ongoing construction boom in South Baltimore that has seen a wave of a new apartments stretching from Federal Hill to Locust Point.



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Chipotle closes Ohio restaurant after reports of customer illnesses

Chipotle Mexican Grill Inc. shut down one of its restaurants near Columbus, Ohio Monday after reports that customers had gotten sick after eating there. In early Tuesday trading, shares in the Denver-based Mexican fast-casual chain were falling 5 percent, dropping $23.33 to $442. Several reports of people getting sick at the Powell, Ohio, restaurant appeared on the website, IWasPoisoned.com. Chipotle shut down the restaurant “out of an abundance of caution,” according to a Chipotle spokesperson. BusinessInsider…



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Local Oyster, former Wit & Wisdom chef to open seafood restaurant at Hampden's Whitehall Mill

The team behind The Local Oyster is partnering with former Wit & Wisdom executive chef Zachary Mills to bring a seafood restaurant to Hampden’s Whitehall Mill development. True Chesapeake Oyster House is slated to open in early 2019 inside the historic mill, which has since been converted to a mixed-use complex with office space and apartments. The restaurant will focus on local seafood dishes and will be “refined but approachable,” said Patrick Hudson, a Local Oyster partner. “It’s going to…



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