Dow advances as earnings run cools rally pace slows
Dow gains 5.42 points to 11,573.41 amid a tentative market mood as investors await the last earnings reports of the quarter and a new monthly jobs data release. Nasdaq climbs 1.51 to 1,188.20 while Russell 2000 adds 0.39 to 34.22. Boeing reports a 34 percent drop as deliveries lag. Oil prices rise on futures trading.
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New York
New York Stock Exchange
NYSE
Standard & Poor
American Stock Exchange
Amex
Boeing
Dow
Stocks show Texaco and Exxon gains as inflation jitters rise
Texaco rose 1 percent to 86 7/8 and Exxon gained 11 percent to 85 7/8 as top area movers. Inflation fears grow ahead of Friday April employment data after two weak reports, with higher job growth risking higher spending and tighter bonds.
MENTIONED IN THIS ARTICLE
Texaco
Exxon
Mortgage rates slow US new home sales in March
Rising mortgage rates trimmed new home sales 7.6 percent to a 672,000 annual rate, the weakest in 10 months, with declines across regions except the Midwest. Existing home sales rose 6.9 percent to 4.21 million, while inventories rose to 379,000 homes, the largest since February 1980. Median new home price held at 138,000, up 8,000 from a year ago.
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Washington
Commerce Department
Midwest
David F. Seiders
National Association of Home Builders
David Berson
Federal
National
Mortgage Corp
Apri
Tory
Northeast
South
Earnings Rise for Susquehanna Bancshares in Q1 1946
Susquehanna Bancshares Inc reported a net income of 8 million dollars for the first quarter of 1946, with per share earnings of cents. The results contrast with a prior period showing a small loss per share, marking a shift in profitability for the bank during the early 1940s financial period.
MENTIONED IN THIS ARTICLE
Susquehanna Bancshares Inc
Treasury bills rise on Monday auction results
The Treasury Department sold 135 billion dollars in three month bills at an average discount rate of 5 percent, up from 4.97 percent last week. The increase signals higher short term rates as investors react to policy expectations and liquidity conditions.
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Washington
Treasury
Treasury Department
Landis Jewelry Store Continues Family Run in Frederick
The fifth Landis generation now operates Landis Jewelry Store at 23 Market St. The shop began April 9, 1893, in the same building area. David W. Bogush and Kathryn Landis-Bogush lead the business with two sons, Peter and Michael, expanding jewelry lines and keeping with long-standing hours, closing Wednesdays at 1 p.m. and staying open 9 a.m. to 5 p.m. most days.
MENTIONED IN THIS ARTICLE
Ha Waters J
Landis
Frederick
John Landis Jr
Kathryn G. Landis-Bogush
David W. Bogush
Market St
Hls. Landis
Charles Ruby Landis
John Landis Sr
John Landis
Peter
Michael
Jeff
Rey Landis
Ford ignition recall could boost Maryland dealers
Ford's recall of 8.7 million vehicles offers Maryland dealers a potential lift as they will be paid 50 to 100 dollars per car to replace faulty ignition switches linked to fires. Ford cites focus group data showing prompt service improves customer perception, though dealers warn of mixed effects.
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Baltimore
Ford
Ford Motorco
Maryland
Jon F. Harmon
Ralph Mastantuono
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