Technology stocks slide as earnings loom and fears grow
Tech shares fall amid cautious trading in New York as investors weigh second quarter results from major banks and tech makers. The Nasdaq dips about 2.7 percent, the Dow loses around 669 points, and the S&P 500 slides as analysts warn the worst may not be over for the sector._bank of america, c group, Applied Materials, Hewlett Packard_ are among names noted, with explanations that gains from last week’s rally are being unwound and that a recovery may not appear until mid 2002.
MENTIONED IN THIS ARTICLE
New York
Tugroup
Bank of Amenca
Commerce Department
Wall Street
Todas
Gow
Barry Hyman
Tz King Nussbaum
Worton
Whch
Ci Group
Bank of Amerca
Warnes
Hewlett-Packard
Ing
Matt Brown
Wilmington Trust
S&p
Market snapshots show mixed U S and overseas optimism fading
Reports indicate May sales were flat as unsold goods linger, signaling inventory deflation risk, while NYSE advancers edged ahead 3 to 2. Volume reached 103 billion shares. The Russell 2000 tumbled 6 92 to 485 79. In Tokyo the Nikkei fell 0 1 percent and European markets declined with Germany DAX down 1 3 percent, Britain's FTSE 100 off 0 4 percent, and France CAC 40 nearly 0 1 percent.
MENTIONED IN THIS ARTICLE
Econousis
New York Stock Exchange
Japan
Europe
Germany
Britain
France
Ford recalls vehicles for seat belt latches
Ford recalls Crown Victoria Windstar Ranger F series Excursion Expedition Mercury Grand Lincoln Town Car Navigator Mazda B series with front driver and passenger buckles at risk less than five percent may fail to latch if not pushed in hard enough. Ford to inspect buckles. center and rear buckles not affected. two minor injury reports not confirmed.
MENTIONED IN THIS ARTICLE
Washington
Sesford Millon
Ford
TRW Inc
Combare
Ahded Sanerm
O'Neill
Automaker
Dr Farber Joins Frederick OB GYN Professional Group
Dr Drew Farber joins Frederick OB GYN Professional Group after completing medical training. He earned a DO from the University of Medicine and Osteopathic School and completed obstetrics and gynecology residency at SUNY Buffalo and Children’s Hospital Buffalo. The piece also notes scholarships awarded by the Frederick Business and Professional Women’s Club to three students, with names of recipients and committee members.
MENTIONED IN THIS ARTICLE
Dr. Farber
Frederick
OB/GYN
Drew Farber
Frederick OB/GYN Professional Group
Cook College
Rutgers University
Sey School of Osteopathic
Medianesey School
Cane
Oho
Conety Cine Inter
Memorial Hospital
State University of New York At Buffalo
Children’s Hospital
Buffalo
American Osteopathic Association
Frederick Business and Professional Women's Club
Linda Shifflett
Michel Wright
Florida Anm
Michelle Townsend
Frederick Community
Faye Glover
Lynn Stimmer
Jennifer Mile
Towson State University
Grain futures retreat as milder Midwest weather eases heat worries
Corn and soybeans slid on the Chicago Board of Trade after a week of hot weather fears, with December corn down 9 cents to 2.28 a bushel and November soybeans dropping 14 cents to 58.00. Wheat fell 4 cents to 2.82, oats 9 cents to 1.29, while cattle and hogs mostly edged higher in late trading.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Midwest
Comn
China
Benew Plains
Chicago Mercantile Exchange
Sandy Spring Bancorp reports quarterly earnings
Sandy Spring Bancorp reports quarterly earnings with net income of 5.87 million dollars or 0.06 per diluted share versus 4.20 million dollars or 0.44 per diluted share a year earlier. Six month results show strong gains in net income, assets, deposits, and loans with a 21 percent rise year over year.
MENTIONED IN THIS ARTICLE
Sandy Spring Bancorp
Soar Aerage
Sai
Lainer
Compa
Non-inter
Spring
Sandy National Bank of
Also Mentioned on This Page
THE
IU BE Center
Lube Center
MD. 85
Grove Road
Conewago Enterprises Inc
Karl Brink
Coneway Enterprises
Randall Simpson
Steve Rainey
Dick Warrenfettz
Mobile Too! International
Gary Shafer
Terry Ogie
Frederick News-Post
Your Community Newspaper
Tb Alleg Eargy
UB Algha
Uus Bank Amenu
Svieme
Procter & Gamike Oy
Blak & Deaker
Pennai
Constellation
Sears
Sun Trust
Crown Amer
St. Paul
Exxon
F&m Bancorp
Toys RL
First Union
First United
Fred Brew
WalMart
Wash Gs
Ga Pacific
INS
WFC
IBM
Ferris Baker
Standard & Poor’s
Batteria
Mager
Julian
Ker
Commercial Lines of Credit
Brad Duggan
Hagerstown Trust
Patrick Center
West
Patrick St
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