Small gain in market as Dow edges up on Thursday
The stock market rose modestly ending a three day loss streak led by regional telephone stocks. The Dow Jones industrial average advanced about seven points midday and finished near 1,279.31, with volume at 99.4 million shares. Rates in Treasuries slipped slightly while long term bonds fell slightly. Regional telephone issues jumped with Ameritech, U S West, Pacific Telesis, Bell Atlantic and Southwestern Bell all rising. AT&T and Nynex moved on mixed notes as Standard & Poor's index fell 0.16.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Treasury
Bell Systar Bell South
Ameritech
U.S. West
Pacific Telesis
Bell Atlantic
Southwestern Bell +s
Nynex
American Telephone & Telegraph
At&t
Inc
Chrysler sues over GM Toyota joint car project
Chrysler Corp files an antitrust suit in U S District Court Washington to block a proposed GM Toyota venture to build up to 250000 Toyota designed cars annually. Chrysler argues the deal violates antitrust laws and harms competition in the U S auto market. GM and Toyota defend the venture as legal and FTC approved.
MENTIONED IN THIS ARTICLE
Washington
Chrysler Corp
General Motors Corp
Toyota Motor Corp
U.S
Richard Goodyear
Chrysler
Toyota
Federal Trade Commission
Fremont
Calif
FTC
Goodyear
Roger Smith
Warner blocks Murdoch takeover attempt
Warner Communications wins a court ruling to block Rupert Murdoch from gaining control via a proposed stock swap with Chris-Craft Industries. Delaware Chancery Court refused Murdoch's request for a temporary restraining order, noting Chris-Craft could still vote against Warner on key actions.
MENTIONED IN THIS ARTICLE
New York
Warner Communications Inc
Rupert Murdoch
Grover C. Brown
Delaware
Chancery Court
Murdoch
Warner
Chris-Craft Industries Inc
Business executives plan largest 1984 expansion rise since 1977
Commerce Department data show nonfarm firms planning a 9.9 percent rise in capital spending to 333.3 billion this year after a 4.2 percent drop last year, inflation adjusted 9.4 percent, with airlines the sole shrinking sector amid deregulation effects. Officials cite job creation and long term growth while economists differ on realism.
MENTIONED IN THIS ARTICLE
Washington
Commerce
Malcolm Baldrige
U.S
Michael Evans
Evans Economics Inc
William Dunkelberg
National Federation of Independent Business
Commerce Department
Ashe
Baldridge
Dunkelberg
Multi million project set for Rockville Mall
Rockville officials announce a major redevelop plan for the former Rockville Mall after bankruptcy. Ruth W. Ellis reports the project aims to revitalize the site with new retail space and public amenities, signaling a long awaited economic boost for the area.
MENTIONED IN THIS ARTICLE
Rockville Mall
Local business briefs highlight hires and redevelopment plans
John Brice of Thurmont joins H C Summers Inc as a farm consultant designing feed programs. Ted L Wolicki of Frederick becomes branch manager for American Industrial Resources in Rockville after education at Shippensburg and prior sales experience. Harold W Moore retires after 26 years with Potomac Edison. George Langnas resigns from General Electric Professional Services to pursue computer ventures, Lambda Technology sold earlier to GEIS. The Commons of Courthouse Square in Rockville moves forward with two-building redevelopment including Tribune United cable service, 11,000 square feet of retail, 110,000 square feet of offices, and a 60-room conference center. phased work to begin in June. The mall’s exterior and access will be transformed, with plans pending Rockville City Council approval and financing arrangements. A tax guide on 1983 federal deductions for parents of handicapped persons is offered by the Mental Health Association of Metropolitan Baltimore for $1.
MENTIONED IN THIS ARTICLE
Ted L. Wolicki
Frederick
American Industrial Resources Inc
Rockville
American Industrial
Shippensburg State College
T.B. Wood’s Sons Co
Renne Eisinger
Eisinger-Kilbane Associates
Courthouse Square
Eisinger
Monroe Street
Tribune United
Montgomery County
Town Center
Rockville Redevelopment Associates
New York City
New York State Teachers Retirement System
U.S. Bankruptcy Court For
Maryland
Lisinger-Kilbane
Maryland economic agency says 1983 best year yet
Maryland's Department of Economic and Community Development reports 1983 as the best year for growth and job retention. It assisted 160 companies, creating 8,720 jobs and retaining 5,491, with capital investments topping 396 million dollars. Eighty-eight existing firms and 72 new firms received aid across five agencies.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
Department of Economic and Community Development
DECD
Hans F. Mayer
OECD
Mayer
Black & Decker sues over patent infringement in Utah
Black & Decker files a suit in U S District Court Salt Lake City alleging that Norelco and its parent and retailer SkaggsCos infringe Dustbuster and Car Vac patents and copy trade dress with the Clean Up Machine. The company cites two cordless mini vacuums and seeks a quick decision citing a prior Utah case.
MENTIONED IN THIS ARTICLE
Black & Decker
Towson, Md
Black and Decker Manufacturing Co
North American
Philips Corp
Norelco
Skaggs Cos. Inc
U.S. District Court
Salt Lake City
U.S
Laurence J. Farley
Skages
Edward Murphy
Also Mentioned on This Page
Standard & Poor
Gm-Toyota
Earl Kintner
Brown
Chris-Craft
Det
BHC Inc
Entertainment
Consumer Electronics Company
Dow Jones
London
Allg
Alpha Ind
Avemco Corp
Balt GE
Undigd Bandec
Undigd
Black Dr
CSX Corp Ae
Clorox
Comsat
Exton Ih
Fairchild Ind
F&m National
Genex
GenStar
Undiga Giant St
IBM Iza — Kmert
Litton
Lowes Bs
Mack Trk
Marriot. Corp Rr —M Bia Ail Cp
Mercantile
Bukshi
Murphy Bia
No A Phil
Penney
Peoples Plaptrn
Potom el
Ryan Homes
Safeway
Sears
Standex
Bep
Whittak
Baker Watts & Co
Alan P. Murray
Citibank
Evans
Jerry Jasinowski
National Association of Manufacturers
Murray
Ruth W. Ellis
Montgomery
John Brice
Thurmont
H.C. Summers Inc
Harold W. Moore
Potomac Edison Co
Utility
Cumberland River
George Langnas
General Electric Professional Services Co
Langpas
Lambda Technology Inc
General Electric Information. Services
Lansburghs
Maryland National Bank
Kings Court
Mental Health Association of Metropolitan
Baltimore
Mental Health Association of Metropolitan Baltimore
E. 25Th St
Brice
Wolicki
Langass
Home Federal Savings and Loan Association OF
Hagerstown
Common Stock
Co Federal Mutual Association
Federal Stock Savings Bank
Home Federal
Washington, Frederick
Allegheny Counties
Franklin & Fulton
Pennsylvania
Berkeley County
West Virginia
West Washington Street
Virginia Avenue
Halfway Boulevard
Pennsylvania Avenue
State Economic Agency
Congress
Frederick County
North Market
Rosespont Ave
Patrick St
Thomas Johnson Dr
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