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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Dec 24, 1992

Page

11

New Jersey Nears Fiber Optic Statewide Network

Regulators approve a plan for New Jersey to replace copper with fiber optic cables by 2010 at a cost of 1.5 billion. New services would include video telephones, data banks, and electronic catalogs while residential rates would be frozen for seven years. New Jersey Bell serves about 3.4 million customers.

Trenton N.J New Jersey New Jersey Bell State Board of Regulatory Commissioners New Jersey Press Association New Jersey Cable Television Association Bell Atlantic Corp

Blues reconsider benefits payments to Sardegna

Blue Cross and Blue Shield of Maryland is reassessing a plan to pay up to 7 million in retirement and severance to former president Carl J. Sardegna and top managers after a U.S. Senate probe criticized his management. Sardegna quit December 4. no money has yet been paid.

Blues Sardegna Annapolis Blue Cross Blue Shield of Maryland Frank A. Gunther Jr State Senate Finance Committee Carl J. Sardegna U.S. Senate

EA Engineering Net Income Up In Quarter Ended Nov 30 1992

EA Engineering Science and Technology of Baltimore reports net income of 156700 dollars or 6 cents per share for the quarter ended November 30 1992, up from 42600 dollars or 2 cents per share a year earlier for the same period.

Chicago Chicago Board of Trade Tata EA Engineering, Science and Technology Baltimore

Personal income growth slows as durable goods fall in November

In November, personal income rose 0.2 percent, helped by one-time farm subsidy effects that masked a 0.8 percent core gain. Consumer spending advanced 0.5 percent while durable goods orders declined 1.9 percent, driven by aircraft weakness. excluding transportation, orders rose 1 percent. Economists cautioned that growth remains slow and uneven, with no clear boom in sight.

Washington Commerce Department Department Sung Won Sohn Norwest Corp Minneapolis John M. Albertine Frm

Market Mixed as Dow Dips After Early Rally Fades

New York stocks showed a mixed day with a modest early gain fading. The Dow fell 7.56 to 3313.54 while gainers edged losers. NYSE volume neared 23.7 million shares as of 4 pm EST. Major indices including S P 500 439.03 down 1.28, Industrials 511.13 down 1.92, Nasdaq 662.96 up 2.12.

Dow Jones Industrial Kmart NYSE Life Tech Few York Litton AllyPw J ‘S Lowes AMAX Loyola Corp Marriot Avemco Bell al Mercantile BioWhittaker Uy Black Nations Bank Moore Corp Citivens Bank CSX Corp Penney Comsit Potom el Exxon Sears F&m Bancorp Giant Foods GTE Corp Ferris Hech Banchisd Baker Watts Inc New York Standard&Poor Standard&Poor’s Industrials

Also Mentioned on This Page

Sam Yu Francis Scott Key Mall Frederick Chris Jenkins Kitty Reed Chamber of Commerce of Frederick County Harry Dorr Maryland Farm Credit Cathyo East St. Frederick Silbiger & Coleman W. Patrick Street I Chrysler Plymouth, Inc Frederick's Dow Jones FCNB Middletown Westminster
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