Teets Powell expands with GPS department in Frederick
Teets Powell & Associates opens a GPS department in its Frederick office after purchasing Trimble Navigation equipment. Norman Powell oversees the unit with William Orsinger directing technical operations and J T Leichert promoted to office supervisor along with Vince Boyd as field coordinator. For more information call 662 5034.
MENTIONED IN THIS ARTICLE
Teets, Powell & Associates
Frederick
Trimble Navigation
Defense Department
Norman Powell
Powell
William Orsinger
J.T. Leichert
Vince Boyd
Teets
Powell & Associates of
Steven F. Teets
Norman A. Powell
William M. Orsinger
Durable goods orders drop as jobless claims fall
In June durable goods slipped 0.1 percent led by a 2.6 percent drop in electronic equipment and weak aircraft demand amid a stubbornly high jobless claims figure. The report suggests the factory sector remains fragile even as claims decline and consumer confidence sags. The Fed earlier cut the federal funds rate to 5.75 percent, signaling possible additional cuts. Excluding transportation, orders rose 0.2 percent.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Federal Reserve
Maury Harris
PaineWebber Inc
New York City
Labor Department
ABC Money Magazine
Robert Brusca
Nikko Securities International
New York
Federal
Robert Dederick
Northern Trust Co
Chicago
Side-Impact Rules Set for Vans and Light Trucks
The NHTSA announced that side impact protection becomes mandatory for vans light trucks and SUVs starting September 1 1998. Stronger doors and padding will align safety standards across autos and larger vehicles. A broader GDP report due Friday will detail second quarter growth with analysts split on momentum though firming signs emerge.
MENTIONED IN THIS ARTICLE
Washington
National Highway Traffic Safety Administration
NHTSA
Ricardo Martinez
Dow Index Edges Higher as Earnings Crush Fears
Stocks rose broadly on Thursday as strong corporate results and cooler data boosted investor sentiment. The Dow closed at 4732.77, up 25.71, near an all time high with tech shares leading gains and IBM and Cirrus Logic among notable movers. Analysts cited soft landing hopes, restrained inflation, and possible Fed easing as support for further gains.
MENTIONED IN THIS ARTICLE
New York
Edward Collins
Daiwa Securities America
New York Stock Exchange
John Church
Glenmede Trust Co
Philadephia
Chipcom
3Com Corp
3Com
Delta Air Lines
Delta
Tokyo
London
Frankfurt
Standard&Poor
Standard&Poor’s
Dow Jones
Tara
Alpha Ind
Altimax
Avemco
Balt GE
Bell Ati
H Citizens Bank
CSX Corp
Coca Cola
Comsat
Crown Amer
Exxon
Fcnb Corp
Ask
F&m Banco
Yaase First Unite
Giant Foods
TE Corp
Loral Corp
WES
Loyola Corp
Marriott Tamaehee MCI
Mercantile Bakshi
NationsBank
E Penney Bs
Pepsico
Te Potom el
Sears
Also Mentioned on This Page
Maryland Insurance Commissioner’s Office
N. Market St
Middletown Valley Bank
E. Main St
Middletown
W. Main St
Jefferson
Dow
Treasury
IBM
Cirrus Logic
Intel Corp
Novell
Quarterdeck
RGR
Eckt
Frederick Branch
W. Patrick St
FDIC
Herman Miller Systems
Audy
Bank Nere
RTC
Standard Federal Savings Bank
Xerox & Kedak
Manitowoc Ice Makers
Crown
Iday
Terederis Maryland
VISA/MC
Inc
Directons
Atlanta
Fcnb Bank
FCNB
WBANK
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