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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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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