Dow Jones edges up as Nasdaq hits new records
Blue chip stocks closed slightly higher amid profit-taking after a strong start to the year. The Dow rose to 9184.27, Nasdaq climbed to 2208.04, while S P 500 fell to 1224.84 and other indices slid. Investors eyed Tokyo and Brazil risks after a Fed speech warned of unrealistic growth expectations.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
New York Stock Exchange
Atlanta Federal Reserve Bank
Jack Guynn
Atlanta
Rotary Club
Guynn
U.S
Barry Hyman
Ehrenkrantz King Nussbaum
Brazil
International Monetary Fund
Hyman
Dow
Hewlett- Packard
Microsoft Corp
America Online
National Association of Purchasing Management
NAPM
London
Paris
Frankfurt
Tokyo
Bonds rise in popularity as investors seek steady returns
A Treasury representative notes growing demand for savings bonds amid volatile markets. New L bonds offer inflation indexed gains, with I and EE bonds delivering 5.06 and 4.6 percent respectively, while early cashing incurs penalties. EasySaver lets buyers automate purchases.
MENTIONED IN THIS ARTICLE
Department of Treasury
Department
Randy W. Johnson Jr
Johnson
Bureau of Public Debt
U.S. Department of Treasury
Grain and soy futures rise on weather, demand
Chicago Board of Trade prices for grain and soy futures gained as dry weather in southern Brazil and northern Argentina raised crop concerns and Midwest snow supported soy. Wheat and corn advanced amid frigid winter conditions and a USDA wheat donation plan, with livestock futures reflecting broader market moves.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Brazil
Argentina
Midwest
US Agriculture Department
Frederick ad team wins second in regional contest
Joan Lapera and Margaret McEvoy of RE/MAX Realty Plus of Frederick earned a second place Advertising Excellence Award from the Northeast Classified Advertising Managers Association. The Frederick News-Post art department created the winning advertisement for the contest held in Philadelphia.
MENTIONED IN THIS ARTICLE
Joan Lapera
Margaret McEvoy
RE/MAX Realty Plus
Frederick
Classified Advertising Managers’ Association
Philadelphia
Frederick News-Post
Gene Logic and Japan Tobacco team on $12 million drug target project
Gene Logic Inc and Japan Tobacco Inc announced a four year collaboration to use READS gene expression and bioinformatics to identify novel drug targets for an undisclosed therapy area. Minimum $12 million revenue plus milestones and royalties could total about $29 million per product. two indications, including glomerulonephritis, are involved with Japan Tobacco since 1997.
MENTIONED IN THIS ARTICLE
Gene Logic Inc
Gaithersburg
Japan Tobacco Inc
Gene Logic
Japan Tobacco
READS
Japan
WRE joins NYSE first listing in 1999
Washington Real Estate Investment Trust announced it began trading on the New York Stock Exchange under the symbol WRE on May 7 1971 and later on the American Stock Exchange. The trust has grown market capitalization from 33 million to over 900 million with 32 straight years of rising earnings per share and 28 straight years of rising dividends per share. WRE owns 35 properties in the Washington Baltimore area including 12 shopping centers 20 office buildings 13 industrial/distribution and 8 apartment properties.
MENTIONED IN THIS ARTICLE
Washington Real Estate Investment Trust
Rockville
New York Stock Exchange
WRE
NYSE
American Stock Exchange
Greater Washington-Baltimore
Also Mentioned on This Page
Dow Jones
Katherine Marks
News-Post
Mr. Johnson
Sam Vu
Bort
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Cali
SIPC
Scottrade.com
F&m Bancorp
Jones Industrial
First United
GTE Corp
Pepsico
Alcoa TA
Potom
Alleg Enrgy
Safeway
Sears
Heine Depot
Merc Bank Jmp
Kmart
Hs St Paul
Bell
Life Tech
Black & Decker Ata
Lockheed
Toys R Us
Hi Cambrex
Lowe's
Nehed Marriott
MCI
Worldcom
WalMart
Coca Cola
Mercantile
Bakshi
Weis
Comsat
Crown Amer
Crestar
Sun Trust
Nextel
FCNB
Corpus
Mvryan
Ferris Baker Watts
Tobacco
Visa
Lee Ee Ae TC
Eee
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