Market closes lower amid profit taking after record gains
The Dow fallen 8.30 to 1,947.27 as traders paused after Tuesday’s record surge. NYSE volume 200.14 million. breadth about 9 losers to 8 gainers. S&P indices slipped while NASDAQ rose, signaling a brief, trendless drift with ongoing economic concerns.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Hildegarde Zagorski
Prudential Bache Securities Inc
Standard & Poor
S&p
American Stock Exchange
Londontown may close plant amid production losses
Londontown Manufacturing Co. may shutter one of its seven U.S. plants due to production losses. Company officials are seeking options to avoid any shutdown as union workers weigh a cost cutting proposal. The London Fog rainwear maker employs about 800 in Washington County and around 1,200 elsewhere.
MENTIONED IN THIS ARTICLE
Haneschlager
London Fog
Washington County
Hancock
Boonsboro
Halfway
Baltimore
Eldersburg
Portsmouth
Knoxville
Maryland Chamber coalition pushes liability law changes
The Maryland Chamber of Commerce forms a coalition of business and civic groups to urge the General Assembly to modify liability and workers compensation laws. Richard E. Hug says an all-out effort is needed to tackle soaring premiums and outdated rules. The plan includes allowing insurers to pay court awards over time and shielding strategic defenses from jury influence. The group also seeks unemployment, Sunday laws, and technology-safety liability reforms to improve Maryland’s business climate.
MENTIONED IN THIS ARTICLE
Hug
General Assembly Sesson
Brdl
Chamber
Maryland
AT T Explains Data Networking as the Next Wave of Computing
AT T states that stand alone computers must be networked as the information age evolves. It outlines open architecture for open systems and emphasizes three tasks: sturdy standalone computers, flexible links delivering data instantly, and systems enabling customers to connect AT T computers with communications links.
MENTIONED IN THIS ARTICLE
At&t
ATST
Also Mentioned on This Page
Ed Waters Jr
Lane Byrd
Pro Image
Frederick Towne
Londontown
Shepherd College
Shepherdstown
Wva
Kevin Lanisler
CPA
Hagerstown
John Hershey II
Ferris & Co
Convention Center
Maryland Motor Truck Association
Southex
Shawna Robinson
Mark Schwartzman
Merlin
Comdial
Buckeystown
Chamber Coalition
Investment Group
Dover
Del
Delaware
Virginia
Delmarva Peninsula
Canonie Corp
Michigan
Eastern Shore Railroad
Innerstate Commerce Commission
Pocomoke
Norfolk
Thomas E. Houska I
Penware Department of
James K. McCracken
Mass. Ave
Washington D.C
Eder
Thomas J
Loi
Youngs Bank
ATS
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