Baltimore Checkbook

Under Armour shares fall sharply after earnings...

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Under Armour Inc’s streak of 20 percent revenue growth came to an end in the fourth quarter leading to a decline in the sportswear maker’s profit and causing its stock price to drop nearly 25 percent in pre-market trading on Tuesday. Baltimore-based Under Armour reported earnings of $105 million, or 23 cents per share in the fourth quarter. That’s a 1 percent decline from the same period last year when Under Armour posted earnings of $105.6 million, or 24 cents per share. Under Armour reported…

First Eater, now Zagat lists restaurants you can't...

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In the current food revolution Baltimore is undergoing it can sometimes be difficult to hit all the new eateries and bars, but Zagat is hoping to help with that decision. Each New Year, those who specialize in pinpointing the top restaurants in cities like Baltimore name some of the best places to check out. Last week, the online food blog Eater named a dozen Baltimore restaurants to its hottest new restaurants list. Now Zagat is naming its top 10 hottest restaurants and bars in the city. And while…

Sagamore Development acquires South Baltimore...

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Sagamore Development Co. LLC has closed two more land deals in South Baltimore, one of which will allow plans for a public park to move forward as part of the Port Covington redevelopment. Sagamore Development, the real estate arm of Under Armour Inc. CEO Kevin Plank, purchased 101 W. Cromwell St. for $3.32 million, and 2400 Clarkson St. for $1.3 million, state property records show. The seller for both properties is the National Aquarium. A spokeswoman for the National Aquarium said it was not…

Wal-Mart's latest bid to battle Amazon: Free...

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Wal-Mart announced Tuesday that it is now offering free two-day shipping on millions of items on its website when they’re combined into orders that total at least $35, an aggressive play to snatch e-commerce business away from Amazon.com.

One of the cornerstones of Amazon’s online shopping dominance…

8 things you need to know this morning

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Good morning, and happy Tuesday. Any snow that’s still on the ground this morning (if you see any at all) will melt away as the day goes on, with temperatures climbing into the 40s and the return of the sun this afternoon. Here are eight things to know to get your day started. Protests of President Donald Trump’s plan to ban travel to and from seven predominantly Muslim countries continue to receive backlash. In the business world, technology executives from Silicon Valley spoke out against the…

Wal-Mart offering free two-day shipping on 2...

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Wal-Mart again is taking aim at Amazon.com by offering free two-day shipping on more than 2 million items with no membership fee required, according a new release.

Starting Tuesday, the world’s largest retailer will offer free shipping with $35 purchase on food and household items, electronics,…

T. Rowe Price 'ready to support' employees that...

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T. Rowe Price Group Inc. has not had any of its employees blocked from entering the U.S. as a result of President Donald Trump’s travel ban, but the Baltimore money continues to monitor their travel plans. “We are tracking these developments closely with concern about potential impacts or restrictions this might have on our associates or their families,” said company spokesman Brian Lewbart in an email Monday (NASDAQ: TROW) . “We have also let our associates know that we are ready to support them…

Free $25 gift card for joining Sam's Club in time...

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Sam’s Club has a hot deal just in time for Super Bowl parties.

For $45, new members can get an 12-month membership, free $25 gift card, 16-inch pizza and 18-count chocolate chunk cookies. The offer is good for up to two people per household.

Enter an email address to get a coupon, redeemable at…

Johns Hopkins, University System of Maryland fear...

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Johns Hopkins University is telling some students and faculty to avoid traveling abroad, and the University System of Maryland is joining higher education groups nationwide in expressing concern and championing diversity following a travel ban on citizens from seven Muslim-majority countries, put in place by executive order Saturday. Several university presidents, Maryland congressmen and local government figures have publicly denounced the ban, showing support for Maryland residents, visitors,…

Obrycki's owners renovate BWI space, opening new...

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Obrycki’s Restaurant & Bar at the Baltimore/Washington International Thurgood Marshall Airport has undergone a nearly $1 million renovation while the owners are preparing to open a new restaurant elsewhere in the airport. Rob Cernak’s family took over Obrycki’s Crab House in Fells Point in 1976 and operated it until the location closed in 2011. The airport location has proved to be a successful space for 10 years, Cernak said, and as part of renewing the lease it meant investing in renovations. Over…