Suit filed against MNC Financial over inflated stock claims
Two shareholders Gollomp and Stuyvesant allege MNC officials concealed true condition of the commercial loan portfolio to boost stock price over 13 months. They seek a jury trial in Baltimore district court on behalf of about 13 000 holders of 62 million shares.
MENTIONED IN THIS ARTICLE
Baltimore
MNC Financial Corp
MNC
AM. Gollomp
Brookln
N.Y
Peter Stuyvesant
Haverford
U.S. District Court
Alan P. Hoblitzell Jr
Gollomp
Stuyvesant
SINC
Equitable Bancorporation
Daniel Finney
People's Counsel urges prohibiting BG&E costs
The Maryland public advocate urged the Maryland Public Service Commission to bar Baltimore Gas and Electric Co from charging $96 million in extra costs to buy electricity from outside sources while Calvert Cliffs nuclear reactors remain idle. The advocate said the burden should fall on the company, not 1 million customers. Calvert Cliffs has been shut since last May for structural issues and NRC cited compliance problems.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland People's Counsel
Baltimore Gas and Electric Co
Calvert Cliffs
Public Advocate
State Public Service Commission
Bg&e
Nuclear Regulatory Commission
John Mglynn
People’s Counsel
Omaha Livestock Market Quotes Mixed Across Classes
Omaha daily livestock quotes show hogs steady with some 50 cent losses, cattle and calves under limited offerings with a weak undertone, cows up to 5.75 higher, steers and heifers limited for comparison, and sheep lacking sufficient activity. Also Tokyo stocks closed slightly higher as the dollar rose against the yen amid mixed early trading. The People’s Counsel accuses BG&E of improper action over fuel rates, pending next case. since Oct 1 the utility has raised rates three times totaling 176.9 million dollars, adding about 1.90 to a typical monthly residential bill, with responsibility for Calvert Cliffs costs to be decided later.
MENTIONED IN THIS ARTICLE
Omaha
Neb
USDA
U.S
Charles J. Franklin Jr
Calvert Cliffs
Bg&e
PSC
BGKE
Calvert Clits
Chicken George Files Chapter 11 in Baltimore
Chicken George, once-promising Baltimore fast food chain, files Chapter 11 to reorganize its Baltimore operation, listing 400000 in liabilities and 125000 in assets. Holding company and franchise arm with four outlets remain unaffected.
MENTIONED IN THIS ARTICLE
Baltimore
Chicken George
Saks Fifth Avenue to be sold to Investcorp group
Saks Fifth Avenue, the luxury department chain owned by BAT Industries, will be sold for about 1.4 billion to Investcorp and Tovestcorp. Investcorp will assume some Saks liabilities, with completion expected within 10 weeks. BAT chairman Patrick Sheehy touted Investcorp’s financing and track record in luxury retail.
MENTIONED IN THIS ARTICLE
New York
Saks
Fifth Avenue
BAT Industries PLC
Tovestcorp
Investcorp
Batus Inc
BAT
Patrick Sheehy
Sheehy
Er. Sheehy
Also Mentioned on This Page
Germantown
Prnewswire
Fairchild Space & Defense Corp
Richard E. Brackeen
Richard D. DeLauer
Brackeen
Fairchild
Mr. Brackeen
Matra Aerospace Inc
Matra
Chicago
Chicago Board of Trade
Tue
Omaha Livestock
Tokyo
Tokyo Stock Exchange
Olde Towne Jewelers
Walkers Village
Walkersville
Meldon S. Hollis Jr
Hollis
S- Watkins Computers
NicroSysteme
At&t
Broadway Street
Frederick
Excel Travel
South McCain Drive
Frostburg State University Center
Hagerstown
Hagerstown Center
Daniel Pantaleo
FSU
FSU Center
Public Square
Frederick Colinty National Bank
Frederick County
FDIC
Harisonburg
Tom Winchester
Volvo
Clarke Motors, Inc
OMS
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!