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New Castle News in New Castle, Pennsylvania

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Jul 31, 2000

Page

9

First Commonwealth reports 2000 Q2 earnings drop vs 1999

First Commonwealth Financial Corp posted 2000 second quarter earnings of 13.1 million, or 0.23 per share, down from 14.8 million or 0.24 per share in 1999. Asset sale gains lifted both quarters, with 2000 earnings excluding gains up 5 percent from 1999. The $4.3 billion regional lender is based in Indiana, Pennsylvania, and operates through Southwest Bank and First Commonwealth Bank in 17 western and central Pennsylvania counties.

First Commonwealth Financial Corporation First Commonwealth Financial Indiana Southwest Bank First Commonwealth Bank Pennsylvania First Commonwealth Trust Company First Commonwealth Insurance Agency

Harvan Named Associate at David Evans and Associates

Harvan joins the Roseville California office as a project manager and is named associate. He has managed master planned communities and land development civvil design projects and holds a cum laude degree in structural and environmental engineering from Youngstown State University. He is a Union High School graduate class of 1979 and the son of Frank and Louise Harvan of 1 360 Miller Road.

Meredith . Harvan Roseville Calif David Evans and Associates Inc Harvan Youngstown State University Union High School Frank and Louise Harvan Miller Road

Mining for new markets at home and abroad

Deep in Florida phosphate country Dennis Fields operates a 325 foot dragline as he uncovers a vein of phosphate rock. The industry, a $450 million pillar after tourism and citrus, faces a downturn with prices down up to 30 percent and demand shrinking. Florida still dominates US output but shifts to lower quality reserves while firms seek overseas markets. About 7,500 Florida jobs in 1999 have fallen sharply, with IMC cutting roughly 1,000 positions in two years.

South Fort Meade Fla Dennis Fields Fields Cargill Fertilizer Florida Polk County Australia India United States Morocco U.S IMC Cargill Steve Demetriou Mary Lou Ratchel Florida Phosphate Council Louisiana Scripps Howard News Service

Area Stocks At 10:07 A.M From New Castle Parker/Hunter

The listed figures reflect an intraday snapshot from 10:07 a.m. with over-the-counter stock bids shown for the New Castle Parker/Hunter Inc. office.

New Castle Parker/Hunter Inc

U S economy grows faster in spring driven by investment

The Commerce Department reports a 5.2 percent annualized gain in gross domestic product for April through June, led by a surge in business investment despite weaker consumer spending. The result surpasses Q1 growth and raises expectations the Fed may raise rates again. inflation remains subdued with a 2.3 percent GDP price rise.

Washington U.S Commerce Department Fed Alan Greenspan

Local Business News: New venture opens in city center

Readers are invited to announce new businesses with owner details and contact numbers. The notice requests scheduling inquiries to caller Pariore Conley at 654-6651 ext. on weekdays. Submissions should fit six months prior context and include opening information.

Conley

Glaxo Wellcome posts six month profit rise on strong US sales

Glaxo Wellcome PLC reports a 20 percent rise in six month pretax profit to 2.4 billion dollars as US sales of asthma and hay fever drugs boost earnings. Revenue climbs to 6.95 billion, aided by a 217 million gain from an investment sale and 74 million in restructuring costs excluded. The group expects completion of its 172 billion dollar buyout of SmithKline Beecham by September 25.

London U.S Glaxo Wellcome PLC SmithKline Beecham PLC Glaxo SmithKline United States Europe Tro Advair

U.S. accuses Mexico of unfair telecom trade barriers

The Clinton administration moved to WTO dispute with Mexico over alleged anti competitive barriers in a $12 billion telecommunication market. AT&T and MCI Worldcom accuse Telmex and the Mexican government of high interconnection fees and unfair regulations.

Washington Clinton Mexico World Trade Organization U.S Telmex WTO At&t Charlene Barshefsky United States Barshefsky Mexico City Luis de la Calle Jorge Nicolin Federal Telecommunications Commission Firstcome USTR MCI Worldcom John Stupka WorldCom Ventures and Alliances

Also Mentioned on This Page

At&t (T Columbia Gas Coenemss First Energy Eenee FEN/Mercer FBAN It Heinz HNZ Eeeovveseses Kmart LTV Steel LTV Die Matthews MATW McDonalds Mellon Bank MEL Mylan Labs MYL Natl City Bank NCC Eeeeeneee NS Group NSS Seeesneseaners Pereng Pgda PGDA Spetewere Rockwell ROK Sky Financl SKYF Southdown SDW Steris STE Etocreenesiands Tellgrade Eeeevese Tuscarora TUSC Ubies UBLX Hs United Finan UCFC Theoerenese Verizon Viacom VIA Ee Wal-Mart WMT Federal Reserve Wall Street America Congress Asha Bangalore Northern Trust Co Chicago Glaxo Wellcome NEW Castle Transit Authority Nicolin Associated Press ALL New Pappan's Restaurant Lawrence Village Plaza Ellwood Rd Engaged Tibor Jewelers Wilmington Road Sea of New Castle PTU Fabri
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