Dow Closes Higher as Reds Light Shift From Tech Stocks
The Dow rose 55.5 to 10,395.0 as investors moved money from technology shares into other sectors amid ongoing market rotation. The S P 500 fell 8.82 to 1,349.82 and the Nasdaq dropped 15.31 to 2,583.50, despite Intel beating per share forecasts and Paine Webber gaining on strong results.
MENTIONED IN THIS ARTICLE
Ogy
Dow
Os Beritory Thepeghont
Standard & Poor
Compaq Computer
Compaq
Intel
Paine Webber
Merrill Lynch
Merrill
Area stocks rise on merger rumors and market optimism
Stocks broadly gained as rumors of a Merger between Mernil and Charles Schwab buoyed markets. The Russell 2000 climbed 4.92, NYSE issues edged ahead, while higher Treasury yields and planned debt issuances tempered gains. Overseas markets followed Wall Street higher amid improving inflation signals.
MENTIONED IN THIS ARTICLE
Mernil
Charles Schwab
Barry Hyman
Ehrenkrantz
King Nussbaum
New York Stock Exchange
American Stock Exchange
Treasury
Labor Department
Tokyo
Wall Street
Europe
London
Frankfurt
Paris
Insurance mergers forecast for 1999 may rise
SNL Securities forecasts a possible record year for insurance company acquisitions in 1999 while overall merger activity in banks and specialty financial firms stays flat after a volatile 1998. First quarter reports show 1999 mergers dipping in banking and rising likelihood of insurance deals worldwide.
MENTIONED IN THIS ARTICLE
SNL
Charlottesville
SNL Securities
United States
Optelecom Receives Circle of Excellence Award 1998
Optelecom Inc of Gaithersburg announced it won Fisher Rosemount Systems Circle of Excellence for 1998. The yearly award honors supplier quality delivery and lead-time performance.
MENTIONED IN THIS ARTICLE
Optelecom Inc
Gaithersburg
Fisher- Rosemount Systems
Farming News Farming Calendar Tuesday AGRICULTURE PAGES
The AGRICULTURE PAGES present the weekly Farming News calendar featuring Che Frederick, Netra Post, and routine Tuesday listings for agricultural subjects.
Wheat futures slip on CBOT as exports slow and weather shifts pace
Wheat futures eased on the Chicago Board of Trade amid slow exports, while corn and soybeans advanced on forecasts of normal to cool, wet Midwest conditions that may slow planting and trim acreage. Wheat for July delivery down to 2.67 a bushel as May corn edges higher and soybeans rise. The report also notes mixed beef and pork futures and a leaned hog market, with a safety council meeting set for April 27 in Hagerstown where Red Markley will discuss accident investigations and reservations are requested.
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Chicago
Chicago Board of Trade
China
United States
National Weather Service
Midwest
US Agriculture Department
Chicago Mercantile Exchange
Tri-State Safety Council
Venice Inn
Hagerstown
Red Markley
Priority One Safety
Amy Newlin
Certified Hawaiian Tan employees receive SAE education certification
The Suntanning Association for Education certifies Hawaiian Tan Frederick staff under the Basic Associates National Curriculum Program. Named recipients include Loretta Dinges Barbara Strait Ruth Smith Sharon Rapp Cheryl Joe Janice Ireland Monica Fortman Misty DeMarce Marie Godlove Bonnie Setters Paula Toms Kim Clem Gwyn Delauter Joy Diamond. Hawaiian Tan has been SAE member since 1985.
MENTIONED IN THIS ARTICLE
Frederick
Suntanning Association For Education
Basic Associates
Loretta Dinges
Barbara Strait
Ruth Smith
Sharon Rapp
Cheryl Joe
Janice Ireland
Monica Fortman
Misty DeMarce
Marie Godlove
Bonnie Setters
Paula Toms
Kim Clem
Gwyn Delauter
Joy Diamond
S.A.E
Barranca Addresses Pentagon Logistics Chapter on Marketing Ties
Carolyn Barranca, president of Barranca and Associates Inc., Frederick, addresses the Pentagon Chapter of the International Society of Logistics. She shares 25 years of marketing and public relations experience to explain how government defined logistics links to project management, receiving a certificate from Gerard Partee.
MENTIONED IN THIS ARTICLE
Carolyn Barranca
Barranca and Associates Inc
Frederick
Gerard Partee
Pentagon
International Society of Logistics
T Bills Rates Slide in Week Auction Totals
The Treasury sold 6.51 billion in three month bills at 4.90 percent, down from 4.65 percent last week, and 75 billion in six month bills at 4.32 percent, down from 4.45 percent. The three month yield was the lowest since October and the six month rate the lowest since January. The average yield on one year bills fell to 4.66 percent from 4.72 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Treasury
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