Perdue receives green honor

Candidates in the race for Maryland’s next governor gathered at Perdue Farms Inc. headquarters Wednesday to congratulate the company on its Platinum LEED building certification and campaign. The distinction from the U.S. Green Building Council was awarded to the company after it renovated its headquarters in an environmentally friendly way. (Daily Times)

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Millennial Media shares fall 19 percent on acquisition, earnings news

Shares of Millennial Media lost 19 percent of their value in trading Wednesday on news that the Canton mobile advertising company would buy a competitor mostly in exchange for stock, and that its losses widened in the second quarter. (Balt. Sun)

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Baltimore app developer aims to expand staff, forge partnerships with latest round

A Baltimore application developer has raised $2 million and will use the money to expand its client base, the Baltimore Business Journal reports. Woofound announced Monday it had raised $2 million from angel investors. CEO Dan Sines said the company will use the new funding to add a few more staff members and to expand the market for its online career tool that uses personality trait questions to help users find the right job.  (Wash. Bus. Journal)

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First Mariner post $1.48M loss as mortgage refis slow

First Mariner Bancorp lost $1.48 million in the second quarter as rising interest rates on mortgages meant less revenue because fewer homeowners refinanced their home loans. First Mariner’s loss compares with a profit of $5.67 million the company posted in second quarter 2012. (Balt. Bus. Journal)

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Maryland Medicaid IT contract hiked by $5M

The state’s department of health is calling in backup to help keep an overhaul of its Medicaid IT system running smoothly. The Maryland Department of Health and Mental Hygiene in July received approval from the Board of Public Works to increase the project management contract for its Medicaid Management Information System by about $5 million, from $15.4 million to $20.5 million. (Balt. Bus. Journal)

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If White Flint Mall gets overhaul, Bloomingdale's interested in coming back

National retailer Bloomingdale's is interested in reclaiming its status as an anchor tenant at the White Flint Mall if the aging indoor shopping mall gets converted into an open-air town center. That's the word from mall owner White Flint LP, which is planning to spend nearly $4 billion to turn the mall into a 5.2-million-square-foot mixed development with new shops, offices, restaurants and residential units. (Balt. Bus. Journal)

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Canadian clothier moves to downtown Annapolis

A Canadian clothier is setting up shop in downtown Annapolis, making this the company’s first full concept store in the country. Hatley - which sells family resort apparel - will be located at 158 Main St. (Capital)

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Fuel cell technology pioneered in Md. 

A collaborative effort between a private Maryland-based company and a University of Maryland researcher is working to develop fuel cells to provide electricity to businesses, homes and eventually automobiles at about one-tenth the cost and one-tenth the size of current commercial fuel cell systems. (Daily Record)

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