Argus Research has issued a BUY recommendation for Lockheed Martin Corporation (NYSE: LMT), raising its target price to $600.

Washington, Dec. 17 : According to the University of Maryland''s Inforum economic research unit, the job loss figures currently being reported in the United States are misleading and overrated.

"The impact of a Big-3(automakers-GM, Chrysler and Ford) bankruptcy and restructuring would be severe, but frequently-quoted job loss figures are misleading and overstated," the research says.

The study says job dislocation would be far less than what is being anticipated. In a worse case scenario, peak job dislocation from restructuring would be half of the three million mark commonly cited by the media.

Researchers reported that an experimental drug that acts like the hormone melatonin can help jet-lagged travelers and night-shift workers by resetting the body’s circadian rhythms. The experimental drug, called tasimelteon, also known as VEC-162, manufactured by Maryland-based Vanda Pharmaceuticals Inc. has been reported to help patients sleep longer and more deeply than a placebo and helps restore normal sleep patterns.

Rockville, Maryland - Democratic presidential candidate Barack Obama barely bothered to campaign in Maryland, a traditional Democratic stronghold.

On Tuesday, voters came out in droves to wait hours outdoors in mild autumn temperatures to participate in the historic election that could produce the first African American president in US history.

Bethesda, Maryland  -  the world's largest lodging company