Dow Edges Higher as Intel Delay Dampens Tech Rally
Blue chip stocks rose and the Dow gained 22.42 to 8922.37 while tech shares slipped after Intel delayed a new semiconductor. Nasdaq dropped nearly 2 percent amid ongoing concerns about Asia’s impact on the computer industry. Other indexes mixed as Procter & Gamble, McDonald’s and Travelers led gains.
MENTIONED IN THIS ARTICLE
New York
Intel
Dow
Dell Computer
Microsoft
Procter & Gamble
McDonald's
Travelers Group
Standard & Poor's
New York Stock Exchange
NYSE
Tokyo
London
Grain and soy futures slip on weaker demand and weather
Grain and soybean futures finished mostly lower on the Chicago Board of Trade as forecasts for ideal growing weather and a bumper U.S. crop weighed on prices. Wheat declined amid harvest pressure while cattle and pork futures mixed with live cattle up and feeder cattle down.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Midwest
Illinois
Iowa
U.S. Agriculture Department
Sparks Cos
Memphis
Golletz Named President of Montgomery Insurance
C Rand Golletz named president and chief operating officer of Montgomery Insurance Companies, Montgomery Mutual and Montgomery Indemnity, in Sandy Springs. A 25 year industry veteran, she previously led marketing and sales for commercial insurance at The Hartford and has worked with Pennsylvania National Mutual. She holds a BA from Quinnipiac College.
MENTIONED IN THIS ARTICLE
C. Rand Golletz
Montgomery Insurance Companies
Sandy Springs
Montgomery Mutual Insurance Co
Montgomery Indemnity Co
Maryland
Liberty Mutual Group
Gollett
The
Hartford
Pennsylvania National Mutual Casualty Insurance Co
Quinnipiac College
Downtown merchants push later Friday hours to boost business
Annapolis area merchants aim to keep shops open until 9 pm on Fridays to attract diners. Friday night tests include live entertainment and a magician on James 20 Street while organizers plan meetings Aug 3 and Sept 7 to discuss extended hours and tourism partnerships. Local leaders consider inviting Leesburg officials to share marketing ideas.
MENTIONED IN THIS ARTICLE
Joe Cohen
Association
Bill Berry
Edgeworks
Annapolis
Georgetown
Hagerstown
Frederick
Cohen
Berry
Archie Rogers
Market St
Rogers
John Fieseler
Tourism Council
Leesburg
Mike Long
Bushwaiter’s
F&M Bancorp completes Keller-Stonebraker acquisition
Frederick based F&M Bancorp, parent of Farmers & Mechanics National Bank, completes the purchase of Keller-Stonebraker Insurance an independent agency with offices in Hagerstown Cumberland and Keyser West Virginia The firm will retain its name and operate as a wholly owned subsidiary The deal is expected to be accretive to earnings within the next 12 months according to the bank’s statement.
MENTIONED IN THIS ARTICLE
F&m Bancorp
Frederick
Farmers & Mechanics National Bank
Keller-Stonebraker Insurance
Hagerstown
Cumberland
Keyser
W.va
Keller-Stonebraker
F&m
Smith Barney signs lease at Patrick Center in York
Smith Barney Inc will lease temporary space on the fifth floor of the Patrick Center by mid June and sign a 10 year lease for the seventh floor later this week. The fifth floor space will be modified June 15 to 22 to accommodate new employees with full staff by June 29. Olsten Staffing Services will relocate to a larger office on Westview Park Drive. The building's occupancy plans, including a future Carroll Creek complex, are under discussion with Marc Silverman Companies conducting a feasibility study.
MENTIONED IN THIS ARTICLE
Smith Barney Inc
Patrick Center
Smith Barney
Curtis L. Hess
York
Olsten
Westview Park Drive
Shanna Hennie
Frederick
Hess
Carroll Creek
Marc Silverman Companies
Gaithersburg
City Club
U.S
Traveler's Group
Citibank
Legg Mason and
Merrill Lynch
Stephen Ross
Sheetz Sets Grand Opening for Frederick Store
Sheetz will open its newest Frederick location at 1300 E Patrick St on Thursday June 11. The 24 hour store features canopied gas pumps, more than 1000 grocery items, made to order subs salads nachos and hot dogs plus an ATM and rest rooms. The store will operate every day of the year.
MENTIONED IN THIS ARTICLE
Sheetz
Frederick
E. Patrick St
Gene Logic to mark new headquarters open house
Gene Logic Inc at 708 Quince Orchard Road Gaithersburg will hold an open house on Friday June 5 to mark completion of its 50 000 square foot corporate headquarters. Ceremonies at 2 30 p m feature Rep Connie Morella and Gene Logic executives. The firm has 110 employees and operates in California.
MENTIONED IN THIS ARTICLE
Gene Logic Inc
Quince Orchard Road
Gaithersburg
Connie Morella
R Éth
Gene Logic
California
Also Mentioned on This Page
IBM Dow Jones Industrial
Kmart
Lockheed LA Lowe
Mercantile
Bakshi
Bell
Atlan
Nations Bank
CBM
CSX Corp
ORBI
Coca Cola
Comsat
Jcpenney
Pepsico
Potom el
Crown Ameriq
Sears
Exxon
Fcnb Corp
Toys R Us
US Airways
First United
Fred Brew
WalMart
IA Wash Gs
Giant Foods Boa
Weis
Mu Gte Corp
Orbital Sciences, New
GaPacific
HCC Ins
Tas Ferris Baker Watts
Chicago Mercantile Exchange
Golletz
Montgomery Insurance
Joseph Myers
Judith Calhoun
Chase Manhattan Mortgages
Leader’s Club
Phoenix
Ariz
Mr. Myers
Chase’s
Classic Tobacco
Mr. Berry
Janet Sink
Country Way
Religion Pages
Frederick Netus
A Fires Service of
Entercade
AP Business
Daly
Mutual Funds Report
Mijor
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Rockville
SIDC
Warcrive
Roe
Charles W. Conley
Dean Witter
West
Patrick Street
Dean Witter Reynolds Inc
SIPC
Your Bank For Life
Dan Santucci
Frederick, Montgomery & Carroll Counties
Farmers. Mechanics National Bank
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