Dow Mixed as Bargain Buying Lifts Dow 44 Points
U S stocks capped a choppy session with the Dow Jones up 44.26 to 9177.31 as computer shares led a late rally while broader market breadth remained tepid. Nasdaq slipped 1.29, S&P 500 rose 7.41, Russell 2000 fell 5.17 amid tech wobble and Lycos dropped 7 to 87. The NYSE Composite gained 1.99, AMEX fell 3.42. Nikkei rose while DAX, FTSE, CAC declined.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Dow
Standard & Poor
Nage
Arthur Hogan
Jefferies & Co
Boston
Lycos
Yahoo
Microsoft
Intel
IBM
Philip Morris
California
New York Stock Exchange
American Stock Exchange
Tokyo
Frankfurt
London
Paris
Manekin Corp trades realty portfolio for AMB partnership
Manekin Corp transfers its real estate assets to AMB Property Corp in exchange for operating partnership units, cash and debt assumption. AMB owns about 2 million square feet in the Baltimore Washington area. Manekin will lease and manage all acquired properties, while retaining interests in joint ventures and services via a subsidiary. Richard Alter notes access to AMB’s national platform for acquisitions and development. Last year Manekin reported a record about $100 million in new development, leasing and construction, including Bechtel Power in Frederick and Bennington Center in Gaithersburg.
MENTIONED IN THIS ARTICLE
Manekin Corp
Westview
Frederick County
AMB Property Corp
AMB
Baltimore
Washington
Manekin
Richard Alter
Develent
Bechtel Power Corp
Frederick
Bennington
Gaithersburg
FRT reports 1998 funds from operations rise nine percent
Federal Realty Investment Trust shows FFO for the year ended June 31, 1998 increased 9 percent to $87 million, or $2.16 per share, from 1997. Fourth quarter FFO rose 10 percent to $23 million, with per share FFO up 8 percent to 57 cents versus 1997.
MENTIONED IN THIS ARTICLE
Federal Realty Investment Trust
Guarators Tr We
County shares amusement tax revenues with state
Frederick County received 216813 as its share of amusement and admissions taxes collected by the state from October through December 1998. The state revenues for the period fell 2.3 percent from 1997, with movie ticket sales rising but athletic event tickets down 53 percent. For the quarter Carroll County 182282, Howard 343179, Montgomery 1100000, and Washington County 93569.
MENTIONED IN THIS ARTICLE
Frederick County
Comptroller of the Treasury
Carroll County
Howard County
Montgomery County
Washington County
Germantown among 27 finalists for TIC marketing award
Germantown, a division of Dynatech, is named a finalist in the Cellular Telecommunications Industry Association marketing awards. TTC earned nomination for its redesigned Web site showcasing test and monitoring instruments software and services.
MENTIONED IN THIS ARTICLE
TTC. Germantown
Dynatech
Cellular Telecommunications Industry Association
TTC
Stocks of area interest on Wednesday Dow Jones up 44.28
Financial items show Dow Jones index rising to 931.44 with a volume of 723 million shares. Gold price read 267.10 per ounce with a 0.40 change. Market activity centers on New York financials and area investors awaiting further cues.
MENTIONED IN THIS ARTICLE
Home Depot
Riverview Plaza
Frederick
New Market
Tim Yates
Hank Fairchild
Cub Scouts Project Committee
Bill Poulin
Charlotte Smith
Larry Rice
Josephthal & Co
New York Stock Exchange
Lycos
USA Networks Inc
Dow Jones
New York
CSX Corp declares quarterly dividend payable March 7
CSX Corp announces a regular quarterly dividend of 30 cents per share on its common stock payable March 7 to shareholders of record February 2. The information appears in Quotations Courtesy: Ferris Baker Watts.
MENTIONED IN THIS ARTICLE
Ferris Baker
Watts
CSX Corp
Grain futures edge higher on CBOT amid soybean dip
Chicago grain futures closed mostly higher with soybeans slipping after an early tumble tied to forecasts of a 410 million bushel soybean carryover, a 13 year high. USDA outlooks show large Argentine crops and near record Brazilian soybeans, signaling potential price wars and higher U.S. inventories. March soybeans up to 4.99 a bushel, wheats and corns also rose, while live cattle and hogs moved differently on the CME.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Argentina
Brazil
United States
U.S
U.S. Agriculture Department
Chicago Mercantile Exchange
Also Mentioned on This Page
By Skip Lawrence
Frit Reports
Frederick Nefos
AHO
Allee Enrgy
Ae Alpha Ind
BankAmerica
BGE
He Bell
Fie Black & Decker
E Cambrex
He Csx Corp Ae
Yin
Coca Cola
Comsat Crown Amer
Exxon
Mvryan
Fcnb Corp Ie
Oribital
Science
First United
PennNat
Pepsico
Safeway
Servierc
Sun Trust
St. Paul
Life Tech
Aslay Lockheed
Ldn U
Lowe's
MCI
Worldcom Airways
Mamiott
WalMart
Teco-Assis
Eg Sonne
Msjor
Scottsdale Securities, Inc
Breokers
Monroe Street Plaza
Rockville
Cal
SIPC
Scathade.com
Rww
Gsnetwork
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