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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Feb 10, 1994
Page
7
Tokyo stocks wavered after days of gains as investors resisted the long delayed stimulus package. The Nikkei 225 closed down around 0.90 percent, with the dollar weak against the yen and key figures showing a firmer stance on broad market sentiment despite the actual measures announcement.
The Dow Jones rose 258.9 points to 3931.92 as computer driven program buying and bond market activity supported gains. Advancers beat decliners about 3 to 2 on the NYSE with roughly 333.69 million shares traded. The Frederick County Builders Association schedules its annual home show for March 19 and 20 at the Frederick Fairgrounds. exhibitors should call 663-3599.
McCormick & Co. Inc. announces the acquisition of Grupo Pesa, a Mexican seasoning firm supplying spices herbs and blends to Mexico’s food processing sector. Grupo Pesa operates major plants in Mexico City and Monterrey with undisclosed terms.
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