Archive: September 14, 2008 - September 20, 2008

The Weekend Movie: "Messner"

Wow, we don't know about you but we sure could use some relief from all this market madness. So courtesy of Snagfilms we head outdoors into the clean mountain air for this biodoc on the life of famed climber Reinhold Messner. SnagFilms is a startup backed by Washington Capitals majority...

By Dan Beyers | September 19, 2008; 5:00 PM ET | Comments (0)

Vital Signs: Mapquest For Microbes

Welcome to Kendra Marr's new blog-in-a-blog on the Washington area's biotech and health care scene. We're calling it Vital Signs. By Kendra Marr "This is a win for us," said Kristina G. Ellis, a spokeswoman for Montogomery County Department of Economic Development, as she waved me into the white tent....

By Dan Beyers | September 19, 2008; 2:05 PM ET | Comments (0)

Vital Signs: The Weekly Roundup

Here's your weekly dose of biotech and health care news in the Washington region, by Washington Post biotech reporter Kendra Marr: *David M. Mott, former chief executive of MedImmune, joined the Chevy Chase venture capital firm New Enterprise Associates. Mott, who becomes a general partner at New Enterprise, will work...

By Dan Beyers | September 19, 2008; 2:00 PM ET | Comments (0)

Tales From The Twin Tech II Party

We're reposting this dispatch by staff Kim Hart from the Post I.T. blog. The idea of bridging the gap between D.C.'s tech crowds has hit quite a nerve. Last night, Twin Tech II was held at Avenue, a nightclub near the Convention Center downtown. It was the second networking event...

By Dan Beyers | September 19, 2008; 1:55 PM ET | Comments (0)

Newest Marriott Opens at National Harbor

By Anita Huslin Five scissor snips to a long red ribbon, and the Washington region's newest Marriott hotel officially opened yesterday in Prince George's County. The 160-room Residence Inn by Marriott National Harbor was built by a partnership of African American businessmen that includes Thomas A. Moorehead, chairman of BMW/MINI...

By Terri Rupar | September 19, 2008; 11:30 AM ET | Comments (1)

Early Briefing: Discovery's First Day

*Silver Spring-based Discovery Communications became a publicly traded company Thursday, a move aimed at giving it a new vehicle for acquiring programming, Internet sites and network distribution properties. "We'll now have a currency which will help us to be more competitive in recruiting the best talent, some financial flexibility in...

By Terri Rupar | September 19, 2008; 5:00 AM ET | Comments (0)

Roundup: Eagle Bank, Lockheed, Martek, Case

From staff and wire reports *Eagle Bancorp of Bethesda announced four new directors in the wake of its acquisition of Fidelity & Trust Financial. Robert P. Pincus, formerly chairman of Fidelity & Trust, will be vice chairman. Also on the board are Norman R. Pozez, chief executive of Uniwest; Susan...

By Terri Rupar | September 18, 2008; 6:36 PM ET | Comments (0)

Early Briefing: Some D.C. Bond Rates Double

*The interest rates on some of the District's bonds doubled this week as a result of intense tightening in the credit markets. That means the city will have to fork over several hundred thousand more dollars to creditors this week, said D.C. Treasurer Lasana Mack. He added that the District...

By Terri Rupar | September 18, 2008; 5:00 AM ET | Comments (0)

Roundup: Presidential Golf, Discovery, Sallie, Circuit City

From staff and wire reports *Presidential Golf Partners, which owns and operates the Presidential golf club in Dulles, filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Virginia. The Loudoun County club, which opened its corporate-only facility in May, abruptly closed Monday. More than...

By Terri Rupar | September 17, 2008; 7:31 PM ET | Comments (0)

Early Briefing: Estate Turns Retirement Community

*The descendants of one of the signers of the Declaration of Independence announced Tuesday they have reached an agreement that will allow limited development of senior housing on their historic Doughoregan Manor in Howard County but will keep most of the ancestral property -- visited by George Washington and Thomas...

By Terri Rupar | September 17, 2008; 5:00 AM ET | Comments (0)

Value Added: The Hunks' Way of Doing Things

Here's Tom Heath's latest column on greater Washington's entrepreneur set: So here I am, writing the second column in a couple of months about a pair of guys in their 20s who started a seemingly silly business and are earning way more than me. I am full of both jealousy...

By Terri Rupar | September 16, 2008; 5:34 PM ET | Comments (95)

Roundup: HealthExtras, OpGen, Constellation, CSC

From staff and wire reports *HealthExtras of Rockville is changing its name to Catalyst Health Solutions effective Oct. 1. Its ticker symbol will change from HLEX to CHSI. "Aligning the corporate brand with our most visible operation capitalizes on Catalyst Rx's brand equity and creates consistency for our shareholders and...

By Terri Rupar | September 16, 2008; 4:55 PM ET | Comments (0)

New Chairmen For Fannie, Freddie

By Zachary A. Goldfarb The government Tuesday appointed the former chief executive of one of the nation's largest accounting firms to chair the board of Fannie Mae and a turnaround specialist and former deputy mayor of the District to chair the board of Freddie Mac. The government removed the chief...

By Dan Beyers | September 16, 2008; 12:12 PM ET | Comments (3)

Early Briefing: Presidential Golf Club Closes

* The Presidential golf club, which opened in Loudoun County in May, apparently closed Monday after more than a dozen unpaid contractors had filed liens on the property. Some companies working on the $40 million first phase of the Dulles golf club, which included a clubhouse, golf academy, driving range,...

By Dan Beyers | September 16, 2008; 7:27 AM ET | Comments (0)

Up and Down: Eagle Bancorp, Trex, Farmer Mac, SLM

The Post-Bloomberg regional index gained 0.5 percent last week as the S&P 500 rose 0.8 percent. *Last week's biggest gainer was Eagle Bancorp (EGBN) of Bethesda, which last week announced a 10 percent stock dividend. Shares closed up 24 percent for the week, at $10.33, more than 47 percent above...

By Terri Rupar | September 15, 2008; 12:00 PM ET | Comments (0)

Early Briefing: Local Money and Politics

It's Monday, so the business section is all local. And today, we've taken a look at the local business community and its role in the upcoming elections. *Long & Foster founder Wes Foster and McLean jewelry designer Michelle Olson are tapping their networks of customers and deal partners to put...

By Terri Rupar | September 15, 2008; 5:00 AM ET | Comments (0)

 
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