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News in Frederick, Maryland

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jul 02, 1992

Page

15

Market Rally Pushes Dow Above 3354 On Fed Easing Hopes

Markets rose as traders priced in possible new Fed easing. The Dow climbed 35.58 points to around 3,354.10, led by broad advances on the NYSE with volume near 215.36 million shares. The S P 500 touched 412.88 and the Nasdaq Composite hovered around 568.99. Investors stayed optimistic despite mixed data as major indexes posted gains for the session.

Hech Bay Dow Jones Kmart NEW York Alig Pwr H Litton Amax Lawes Loyola Corr Avemco Marriott Bell Atl Mercantile BioWhittaker Bakshra My Citizens Bank Moore Corp My CX Corp Nations Bank Comsat Ly Penney Sn Exxon Potom Elaahe Sears Fcnb Corp F&™ Bancorp First Bank Ferris GTE Corp Baker Walts Inc Standard&Poors Standard&Poors Industrials

NIST proposes high tech center at Gaithersburg site

NIST plans a private partnership to build a 75,000 square foot technology development center on 15 acres in Gaithersburg. The project would include labs offices and a business incubator funded by non federal partners with initial costs around 7 million dollars and annual operating needs of 2 million dollars.

Gaithersburg National Institute of Standards and Technology NIST Michael E Newman Newman Nists Donald R Johnson

Senate moves to curb Fannie Mae and Freddie Mac bailouts

The Senate approved legislation to tighten oversight of Fannie Mae and Freddie Mac, creating a HUD regulated office and requiring capital buffers, aiming to prevent large taxpayer bailouts. Critics said more capital and stricter regulation were needed, but both enterprises backed the measure.

Senate Fannie Mae Freddie Mac Washington Federal National Mortgage Association Federal Home Loan Mortgage Corp Freddie Jac Department of Housing and Urban Development HUD

Stern & Kresslein PA forms in Frederick with four principals

Frederick announces the formation of Stern & Kresslein PA, a general practice with offices at The Fairview Center Suite 300 West Seventh Street. Principals Seymour Stern Robert Kresslein Douglas Thornton and James Scott previously worked with Frank Bernstein Conaway Goldman.

Frederick Stern & Kresslein Suite Fairview Center West Seventh Street Seymour B Stern Robert J Kresslein Douglas K Thornton James H Scott Frank Bernstein Conaway & Goldman Baltimore Stern Kresslein Thas Scott Frederick County Franklin & Marshall College University of Maryland Law School Frederick County Heart Association Chamber of Commerce Frederick Community College Stero Maryland State Bar Association P.A Robert J Kreeslein Seymour B. Stern Douglas K. Thornton James H. Scott Standing Brenda K. Eyler A. Lynn Brewer Donna A. Thompson Terriann Danzey Catherine A. Miller Krian Getz Faye Z. Fogle Susan N. Boits

Grain futures market snapshot and price activity

Grain futures data shows CHI and CME listings with open, high, low, last prices for soy and wheat. Several contracts such as Sep Mar indicate mixed motion, with trading on the Chicago Board of Trade and ongoing open interest. Prices appear in dollars per bushel and reflect recent activity across multiple contracts.

API O Board of Trade Mapman Oy Mar

Baltimore's top law firms near bottom of national profitability list

Baltimore based firms Piper & Marbury and Venable rank near the bottom among the nation s 1 percent most profitable. Partners at Piper & Marbury average about 2250000 in fees per partner while Venable shows higher total revenues though still outside the top tier. The American Lawyer July August issue highlights the disparity in profits across the sector with 238 attorneys at Piper & Marbury and 7 percent partners overall.

Baltimore AP - Baltimores American Tanswer Magazine Atenabie Baetger Howard and Piper & Marbury Fae Pac Tether Kid Naternally Piper & Warbury Evilhon Rankrog

Also Mentioned on This Page

Federal Reserve New York Stock Exchange Nist Center Ruth W. Ellis Montgomery Trans American Telephone and Telegraph Communications Workers of America International Brotherhood of Electrical Workers Stern & Kresslein Law Firm Thornton Maryland Western Maryland College TC Willams School of Law University of Richmond North Carolina State University University of Tennessee College of Law Brenda K Eyler Donna A Thompson Faye Z Fogle Susan N Botts Lynn Brewer Catherine A Miller Kristin Dietz Ed Waiters Jr Chie Chieag Hummtum Tae Tan Bormea Fredenck Gore AP Stock Quotes Legg Mason Stockh Legg Mason Mutual Funds Legg Mason Seminars Stock Market Report Commodity Report Precious Metals Report Legg Mason Patrick Mt Frederick Silbiger & Coleman W. Patrick Street David E Pearson CLU Lutheran Brotherhood David David E. Pearson Lighthouse Landing Boney Stone Troop College Grads Piamondon Enterprises Ing Roy Rogers Individua Plamoncon Enterpries Inc McCain
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