Dow ends three day rally with mixed close
Wall Street booked a narrow mixed finish after a three day rise amid profit taking. AT T slid 3.10 on news of a 58 billion hostile bid for MediaOne, breaking its Dow gains while technology shares rose and Nasdaq near record levels. IBM rose on strong earnings while Merck and Mobil lagged on quarterly results.
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New York
Wall Street
At&t
MediaOne
Standard & Poor
Amazon.com
eBay
MediaIne
No 3
Comcast
IBM
Merck
Market indices mixed as Russell 2000 gains ahead
The Russell 2000 rose 288 points to 431.73 as US small caps advance. In Tokyo, the Nikkei 225 gained 1.54 percent on hopes for more stimulus measures. European markets showed declines with the DAX down 0.45 percent, CAC down 0.69 percent, and FTSE 100 down 0.71 percent.
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Tokyo
Europe
Frankfurt
Paris
London
F&M Bancorp to buy Farmers Bank Fairfield Office
F&M Bancorp through Farmers and Mechanics National Bank will acquire the Fairfield Pennsylvania branch of Farmers Bank and purchase the 20 E Main St real estate. The deal includes transfer of checking savings and CDs totaling over 135 million, pending regulatory approval and customer communications. The move adds to Enimitsburg Thurmont and Gettysburg offices strengthening regional presence.
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Farmers and Mechanics National Bank
Frederickd
Fairfield, Pa
Farmers Bank
First Mary
Bancorp
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Gettysburo
Farmers & Mechanics
Fave E Cannon
Pennsylvania
Allegheny Energy Reports 1999 Q1 Earnings Rise
Allegheny Energy Inc posted 1999 first quarter earnings of 97 million dollars or 80 cents a share, up 25 percent from 1998 first quarter earnings of 78.2 million dollars or 64 cents per share. Higher kilowatt hour sales to regular utility customers, driven by colder weather, boosted results.
MENTIONED IN THIS ARTICLE
Allegheny Energy Inc
Utiite Company
Nissan to report loss after sales drop
Nissan Motor Co expects a fiscal year loss of 296 million dollars for the year ending March 31. The figure exceeds its prior estimate by more than three times and the company plans to omit a dividend for the first time since listing in 1951.
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Tokyo
Nissan Motor Co
Nissan
High Tech Awards Honor Maryland Firms and Executives
The High Technology Council of Maryland named 1999 technology award winners across biotech and IT sectors. MedImmune's Synagis won biotechnology product of the year, with Gaithersburg and Frederick operations noted. Rockville based executives Dr Harrison Hopes of McKesson BioServices and Visual Networks were singled out. Martha Knight received volunteers of the year honors.
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High Technology Council of Maryland
Synagis
MedImmune
Gaithersburg
Frederick
Harrison Hopes
Mckesson BioServices
Rockville
Visual Networks of
Martha Knight
Peptide Technologies
Paul Nevins
BioReliance Corp
del Tucker
Life Technologies
Modular homes win praise for cost savings and efficiency nationwide
North American Housing Corp participated in National Building Systems Week with model home tours and a Frederick seminar. The NAHB Building Systems Council notes that over 13 000 builders are involved and modular homes offer reduced waste shorter construction times and strong quality control with warranties.
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National Building Association
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National Building Systems
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Building Systems
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Connecticut
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DePhillips
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Virginia
Ww Northamericanhousing.com
National Building Systems Week
Solarex invests minority stake in Africa Solar Ltd
Frederick of BP Solarex leads a minority investment in Africa Solar Ltd near Pretoria. Solarex will ship semi finished cells to Centurion for finishing and SA sale via Solarex dealers. The alliance with Africa Solar aims to expand in Africa’s markets, boost customer reach, and lift staff to about 1000 with sales doubling.
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Solarex
Frederick
BP Solarex
Africa Solar Ltd
Pretoria
Centurion
First National Battery
FNB
Africa
Africa Solar
Arcibald Kirby Nancy Le And Stanley Allen Receive Solarex Service Honors
Archibald Kirby Nancy Le and Stanley Allen were each recognized for twenty years of service with Solarex, reflecting long term dedication to the company and its operations.
MENTIONED IN THIS ARTICLE
Archibald Kirby
Nancy le
Stanley Allen
Solarex
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