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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Apr 21, 1999

Page

13

Courtyard by Marriott opens in Frederick

The Courtyard by Marriott opened in Frederick at 5224 Westview Drive in Westview Corporate Park. About 150 guests attended a ribbon cutting with Plamondon family members Marriott Corp. officials and Frederick County Commissioner Hona Hogan. The hotel offers 90 rooms a cafe breakfast buffet bar indoor pool workout room meeting rooms and guests can win a free weekend by returning a giant key released at the ceremony.

Marriott Hotel Frederick Peter Plamondon Jr Plamondon Companies John Marriott Marriott Corp Peter Plamondon Sr John Stuart Chris Chesebrough Westview Drive Westview Plamondon Frederick County Hona Hogan West Patrick Street McCain Drive New Courtyard Marnott mid-Atlantic Fredericktown Bank & Trust Co Angela Delaplaine

American Federal Reports First Quarter Earnings Rise

American Federal Savings Bank Rockville reported net income of 278971 for the three months ended March 31 equal to 15 cents per share, up 49.3 percent from 186873 or 27 cents per share a year earlier. Net interest income after provisions reached 798936 versus 667339 in 1997. In December 1998 the bank created a wholesale mortgage division. As of March 31 total assets stood at 87.0 million with 62.2 million in cash and stockholders equity of 12.1 million.

American Federal Savings Bank Rockville American Federal

Grain and soy futures rise amid rains and exports

Chicago futures jump as rains threaten spring planting and export demand boosts prices. Wheat July at 2.69, corn May 2.24, oats May 1.24, soy May 4.95. Livestock mostly higher with live cattle 63.70, feeder cattle 71.62, lean hogs 55.97, pork bellies 55.45.

Chicago Chicago Board of Trade

Technology stocks rebound but industrials slip on Tuesday

Markets ended higher with the Dow down 53 points as tech shares recovered from a sharp drop. The S&P 500 rose 16.69 to 1,306.17 and the Nasdaq climbed 64.03 to 2,409.64 while industrial stocks lagged. Microsoft reported stronger than expected earnings after the close, helping the tech rally alongside gains for Amazon, AOL, Schwab, Dell, Intel, and Cisco. European indexes fell amid mixed to negative regional sentiment.

NEW York Dow Standard & Poor Amazon.com AOL Schwab Corp Dell Intel Cisco Minnesota Mining and Manufacturing

F&M Bancorp posts first-quarter earnings rise 13 percent

Frederick based F&M Bancorp reports Q1 1999 earnings before special items of 4.180 million or 48 cents per diluted share, up from 1998's 3.711 million or 42 cents. Net income matches 4.180 million, ROA 1.18 percent, ROE 12.80 percent. noninterest expenses down 7 percent. The bank cites efficiencies from acquisitions and Year 2000 preparations, with assets totaling 1.451 billion and deposits 1.142 billion as of March 31.

F&m Bancorp Frederick Keller-Stonebraker Insurance Inc Monocacy Bancshares Inc Farmers & Mechanics National Bank Carroll Montgomery Baltimore Howard Counties Adams County

Consultant Trainers Resource Network Conference in Frederick

The CTRN conference is set for 5 30 to 8 30 p m on Thursday April 29 at Way Off Broadway Dinner Theater Willowdale Plaza Frederick The dinner and conference cost 20 for members 30 for nonmembers Guest speaker Trenton Hightower Frederick Community College directs customized business training He has completed strategic sales courses and Xerox planning. Networking opportunities and limited seating. For info call 301 846 2406 or visit wwwetrain.org Reservations encouraged.

Consultant Willowdale Plaza Frederick Trenton Hightower Frederick Community College Texaco Dale Carnegie Xerox

Canam Manac Reports Higher First Quarter Sales

Canam Manac Group the parent of Canam Steel in Point of Rocks posted 1999 first quarter sales of 224.1 million, up 12.9 percent from 1998. Net income reached 4.2 million or 12 cents a share versus 1.6 million or 4 cents in the year earlier quarter.

Canam Manac Group Canam Steel Point of Rocks

Also Mentioned on This Page

Toute Fd Waters Jr Courtyard Marriott American Federal Reports Charles Pradikia SG Cowen Securities Microsoft New York Stock Exchange Japan European Germany Britain France Kmart Life Tech Lockheed Lowe's Marriotta le MedImmune Alcoa Mercantile Alleg Eargy Bakshi Alpha Ind Lin Comsat Safeway Crown Amer Tin Sears Exxon Sun Trust Fcnb Corp Undiged St. Paul Unwigd Sr Us First Union Atg Airways First United MCI Worldcom Fred Brewei alMart Ter Hagerstown Home Federal Savings Bank Monocacy’s Taneytown Bank & Trust Co Faye E. Cannon Potomac Basin Group Associates Inc Beltsville Hightower Canam Manac Coca Gal Wrerg H. Losers Ahan Pepart Scottsdale Securities, Inc. Discount Stock Brokers Monroe Street Plaza SIPC Scottrade.com South Market Street Hass, Schaffner Marx Bill Blase Talla Park N Shop
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