Dow Ends Year With Slight Dip Amid Profit Taking
U S stocks edged lower on the last trading day of 1996 as profit taking trimmed gains. The Dow fell 11.54 to 6549.37 while the S P 500 and Nasdaq slipped. Nasdaq components like Sun Microsystems and Intel posted declines. Overseas, Tokyo eased, Frankfurt rose, and London gained modestly as traders awaited year end data.
MENTIONED IN THIS ARTICLE
New York
Steck
Dow Jones
U.S
Legg Mason
Baltimore
Conference Board Research Group
New York Stock Exchange
Standard & Poor
NYSE
American Stock Exchange
Sun Microsystems
Intel
Dell Computer
IBM
Dow
Compaq
Boeing
Arena
Tokyo
Frankfurt
London
Nominations open for Frederick ADDY Awards honor
Nominations due by Monday July 10 for the Frederick County Advertising Federation annual ADDY Awards to honor integrity leadership and talent in advertising. The event will be at Weinberg Center January 31 with details via Katrina Bradshaw at 694-0325. A Maryland construction industry group Licensed Contractors of Maryland formed to unite associations and influence regulation call (410) 476-1123 for info.
MENTIONED IN THIS ARTICLE
Frederick County Advertising Federation
Weinberg Center For the Performing Arts
Frederick
Katrina Bradshaw
Maryland
Department of Labor
Seores
Rriays
BG&E agrees not to seek extra charges for Calvert Cliffs shutdown
BG&E will not attempt to collect 218 million from customers to cover energy costs tied to Calvert Cliffs Nuclear Plant shutdowns from 1982 to 1981. The utility spent about 468 million buying replacement electricity, had already recovered 300 million, and faced a 118 million disputed amount. If charged, a typical customer using 100 kilowatt hours monthly would pay about 1.24 dollars more for two years.
PRO meeting rumor hinges on guest speaker at theater
The Professional Remodelers Organization of the Frederick County Builders Association will meet Wednesday January at the Way Off Broadway Dinner Theater Willow Tree Plaza Shopping Center Frederick. Mike Blank of the Frederick City Department of Permits and Code Management will be guest speaker. For reservations call 663-3599.
MENTIONED IN THIS ARTICLE
PRO
Frederick County Builders Association
Willow Tree Plage Shopping Center
Frederick
Mike Blank
Frederick City
Inflation indexed bonds set for sale on January twenty ninth
The U.S. Treasury announced the first inflation indexed securities will go to auction January 29. The 10 year notes, priced at $1,000, will pay semiannual interest and be indexed to the Consumer Price Index. Initial sale amount to be announced January 21.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Treasury
Clinton
Britain
Grain and hog herd report drive muted Chicago trade
Chicago Board of Trade grain and soy futures stalled Monday after the USDA quarterly hogs and pigs report showed a slower herd expansion and hog numbers at 96 percent of last year. Corn declined to contract lows while oats and wheat fell. livestock futures rose on bullish inventory data with live cattle and hogs turning higher.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
U.S. Agriculture Department
USDA
Chicago Mercantile Exchange
Cole named president of cable operations
Robert W. Cole was named president of the cable operations for Great Southern Printing & Manufacturing Co. and subsidiaries, succeeding George Delaplaine Jr. He will lead Frederick Cablevision Inc. in Maryland, GS Communications in Pennsylvania, C/R TV Cable in West Virginia, and United Telesystems in Virginia. Cole, a veteran operator since 1980, will direct strategy, expansion, and new franchises as the company aims to reinforce its role as the region’s primary information provider. He and his wife Lorraine reside in Monrovia, Frederick County, with three children and two grandchildren.
MENTIONED IN THIS ARTICLE
Robert W. Cole
Great Southern Printing & Manufacturing Co
Mr. Cole
George 3. Delaplaine Jr
Mr. Delaplaine
Frederick Cablevision Inc
Frederick
Washington
Carroll Counties
Maryland
GS Communications Inc
York
Adams Counties
Pennsylvania
C/R TV Cable Inc
Berkeley
Jefferson
West Virginia
United Telesystems Inc
Culpeper County
Cole
Bob
Great Southern Cable
Frederick County
Delaplaine
New York State
Corning Community Television Co
Corning
N.Y
U.S. Air Force
Fredericksburg
Lexington Park
Annapolis
Hoboken
North Bergen
N.J
Entron Inc
Lorraine
Monrovia
FCNB Bank pledges five-year support for housing group
FCNB Bank recently contributed and pledged support for the next five years to the Western Maryland Interfaith Housing Development Corp. The pledge backs the organization's mission to provide affordable housing. From left: Kathy Walters of FCNB Bank, Jan Martin director of development for the housing group, A. Patrick Linton president and CEO of FCNB Bank, and Robin McConnaughey of FCNB Bank.
MENTIONED IN THIS ARTICLE
Fcnb Bank
Western Maryland Interfaith Housing Development Corp
Kathy Walters
Jan Martin
A. Patrick Linton
Robin McConnaughey
Aegon to Buy Providian Insurance Unit for 3.5 Billion
Dutch insurer Aegon NV plans to acquire Providian Corp insurance business for 3.5 billion, with Providian spinning off its Providian Bancorp unit to shareholders. Providian, based in Louisville and formerly Capital Holding, will refocus on consumer banking and lending as the deal closes in early next year.
MENTIONED IN THIS ARTICLE
Louisville, Ky
Aegon NV
Providian Corp
U.S
Vette de Fama Aff Ween Eat
Providian Bancorp
Louisville
Providian
Capital Holding
San
Also Mentioned on This Page
National Association of Realtors
Richard E. Cripps
Dundaies Toys
CNB Bank
Jim Titus
WFRE
New Association
Bg&e
Arterade
Giant Foods Aly Dow Jones
GTE Corp
Kmart
Life Tech
Alpha Ind
Lockheed
Altimax
Lowe's
CSX Corp
Coca Cola
Pepsico
Potom
Comsat
Sears
Crestar
F. Crown Amer Tis
Toys R Us
F&m Bancorp
Hirst United I
Asx
Weis
Fred Browne
Ferris
Ath Baker Watts Inc
Morningstar Design
Creativity
UCSB
IUBUS
2 Oward
Pron
Jonathan
Ogumanny Misti Morgan
Kristi Morningstar- Cole
Joe Wallace
Pebrnatw
Fredericktown
Fdic
Mal Pius
Cabo Actin
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