Markets fall after bad news shock on Wall Street
The Dow Jones Industrial Average slid as much as 24 percent intraday and closed sharply lower after profit warnings from Ford, Micrsoft, and Dell. Nasdaq and S&P also fell, with the Nasdaq at its lowest close since April and the S&P down around 17 percent. Dell and IBM were among techs hit, as broad losses reflected weak sales outlooks and a stronger dollar weighing on exports.
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Market slides as major stocks fall amid disappointing news
Area stock activity shows Merrill Lynch Prudential and Credit Suisse downgrades hit shares. Gap warned of weaker third quarter profits, Ford cuts up to 5000 jobs and warns full year earnings, GM declines. Dow weakest as consumer spending, sentiment reports barely offset losses. NYSE volume 968 million, Russell 2000 down 6.03. Overseas markets drop with Nikkei, German DAX, CAC-40 and FTSE 100 all lower.
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Europe
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Bntain
Area livestock auctions Frederick hay sale August 13 2001
Frederick stock auction shows steady bids across cattle calves and hogs with good slaughter steers and heifers in demand. East coast markets list high choice Holsteins and mixed beef cattle with value placed on cut livestock. Westminster hay sale offers alfalfa Timothy and straw prices per bale.
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Ourtess of
Isestock
Westminster
Butchfr
Soybean futures rise modestly amid choppy soybean and corn trades
Soybean prices edged higher on Friday in Chicago with a biotech scare fading, while corn fell on heavy selling tied to large Chinese purchases. Wheat for December slipped to 282. a bushel, December corn at 2.23, oats at 132. November soybeans up to 5.02. Livestock activity quiet, October live cattle at 74.30 cents, feeder cattle 69.80, lean hogs 64.92, February pork belies 78.77.
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Chicago
Frederick County hosts assisted living meeting with state unique group
Frederick County forms a unique assisted living network with Asucwed Living Faultes as the sole state organization. Thanne Dorlester, president of the Marsland Assisted Living Association, notes ongoing state groups exist but none match Frederick County’s structure. The meeting at Country Meadows highlighted federal shifts, portable Medicare proposals, and a model regulation package to guide future state rules.
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Carolyn Warfield
Edenton
Darlene Merklen
Buckingham’s Choice
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Charle Trove
Country Meadows
Sheila Walker
Sunrise
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Asucwed Living
Fredenck
Thanne Dorlester
Marsland Assisted Living Association
Dorlester
Congressional Committee On Aging
Maryland
Dorrester
Loc
Frederick Memorial Healthcare System
Kiwami Club
Animal health firms outline drugs and ventures in Frederick area
Royer Animal Health, based in Frederick, unveils Rover Animal Health LLC to push new and more effective pharmaceuticals and vaccines via Matrx III delivery tech. Details cover leadership, clinics, collaborations with Marion duPont Equine Center and Virginia Tech, plus ongoing studies and executive ties. A separate note lists Southern States Co op planning a meeting August 28 at Dun Dee Inn with farming-focused agenda and board elections.
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Rover Animal Health LLC
Mack Ave
Frederick
Rover Animal Health
Animal Health
Royer Biomedical Inc
Buford Biomedical
Joseph Amanda Rayers
Roger
Southern States Co-op
Southern States Cooperative Inc
Fredenck Petroleum Service
Dun Dee Country Inn
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