Baltimore Checkbook

Ciena earnings rise 42 percent, stock soars

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Ciena Corp. saw its earnings improve 42 percent in the third quarter but fell shorts of meeting analysts’ expectations. The Hanover computer networking company reported earnings of $33.5 million, or 23 cents per share, compared to $23.6 million, or 19 cents per share, in the year-ago period. An 11 percent increase in revenue drove the earnings increase. Revenue came in at $670.6 million, up from $602.9 million last year. While Ciena’s (NYSE: CIEN) earnings represented a substantial increase from…

Database: Here are the businesses who gave...

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Several big-name developers — including several members of the Paterakis family — have contributed to the mayoral campaign of state Sen. Catherine Pugh. In all, the Democratic candidate for mayor, who faces Republican Alan Walden in the Nov. 8 election, has received $1.47 million in campaign loans, contributions and donations since mid-April, according to new filings with the Maryland State Board of Elections. Individuals and companies that contributed to Pugh’s coffers include Greenberg Gibbons,…

D.C. insurance regulator orders CareFirst to pay...

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Washington, D.C.’s insurance regulator is ordering a CareFirst BlueCross BlueShield subsidiary to issue rebates to subscribers worth up to $51.3 million of a $56 million “excess surplus” the company was told it owes in community reinvestment, it was announced Wednesday. It was the final decision in the ongoing battle over the size of a surplus carried by Group Hospitalization and Medical Services Inc., or GHMSI, dating back to 2011. In his order, D.C. Department of Insurance, Securities and Banking…

D.C. chef to open second Baltimore restaurant in...

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Washington, D.C., chef Malcolm Mitchell, who opened his first Baltimore restaurant in Upper Fells Point in May, will be opening a second eatery this fall in Butchers Hill. The former “Food Network Star” contestant quietly opened Ryder’s Bistro in May at 1901 Gough St. with the purpose of making as little fuss as possible and becoming a part of the community. Mitchell is hoping to do the same with his next space. The new restaurant at 32 N. Chester St. will be called Butcher Hill Social, according…

This Chinese fruit juice stock is going bananas!

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The stock market is not far from its all-time highs. That has some wondering if investors are drinking the proverbial Kool-Aid and ignoring risks.



from http://www.wbaltv.com/money/this-chinese-fruit-juice-stock-is-going-bananas/41467580

Tim Cook: Apple could move billions back to U.S....

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Apple may finally be bringing some of its enormous offshore cash pile back home. Just days after the EU hit Apple with a $14.6 billion tax bill, CEO Tim Cook said he expects to transfer billions of dollars in profit to the United States next year. “We …



from http://www.wbaltv.com/money/tim-cook-apple-could-move-billions-back-to-us-next-year/41466562

Indian residency can be yours for $1.5 million

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Want to live in India? You can, if you’re willing to invest $1.5 million. The Indian government is launching a new program that rewards foreigners with a 10-year residency permit if they invest $1.5 million in the country over an 18-month period. Inve…



from http://www.wbaltv.com/money/indian-residency-can-be-yours-for-15-million/41465292

Free $10 Starbucks bonus from Visa Checkout

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Get a $10 Starbucks bonus with by loading $10 onto your Starbucks app using Visa Checkout.

Download the Starbucks app, create an account and make and add $10 to the app using Visa Checkout. After you load the $10 to the app, get the bonus within 5 days.

Visa Checkout offers perks and freebies and…

Labor Day freebies, dining deals, retail coupons...

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You won’t have to work hard to score big savings with my Labor Day weekend roundup of freebies, dining offers, retail coupons and deals on fun things to do around South Florida.

Check back through Monday, because I’ll be adding more offers as I find them.

FREEBIES & DINING DEALS

Baskin-Robbins:…

8 things you need to know this morning

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Good morning, happy September! Football, leaves, pumpkin spice and more will soon be upon us. It’s humid outside today and some light rain will hang around for the first part of the morning, but as the clouds move out, temperatures will drop. Here are eight things to know to get your day started. The Baltimore County Council adopted a new zoning map for Towson — which largely shuts down the possibility that a student housing complex will be built at 101 York Road. This is something I’ve written…