May sales surge at retailers lift broad US gains
May retail data show strong gains across chains with Wal Mart and Federated posting solid same store and total sales. Analysts cite consumer confidence and favorable economy as drivers despite Wall Street volatility. Grain futures rise on weather worries and planting delays.
MENTIONED IN THIS ARTICLE
York
Sf Spree
U.S
Kurt Barnard
Barnard’s
Retail Trendet
Wal-Mart
J.C. Penney
Eckerd
Dayton Hudson
Federated
Fingerhut
Housing sales rise as mortgage rates jump to new high
April new home sales surged to a seasonally adjusted annual rate of 978000, the second highest on record, as higher mortgage rates cooled the long decline but did not curb demand broadly. Prices also rose, with the median sale price hitting 159500 dollars. regional gains offset weakness in the West. Legg Mason cuts earnings for full year and quarter due to deferred stock compensation accounting change.
MENTIONED IN THIS ARTICLE
Commerce Department
Legg Mason Restates
Baltimore (Ap
Legg Mason Inc
IHS
Ammigus
Ameritas
Rnico Bakkers’ Association of America
West
New York
Standard & Poor
Federal Reserve
Fed
U.S
Wal-Mart
Gap Inc
Tom Madden
Federated Investors of Pittsburgh
Madden
Amazon.com
Dr Moorman joins urology practice in Freder ick
Dr Cynthia Moorman joins the medical practice of Dr Robert Crouch at 806 Toll House Ave Freder ick. She is a urologist with women’s urology and incontinence interests and will relocate with husband Gregory Nichols in the coming weeks. For more information call 301 663 4774.
MENTIONED IN THIS ARTICLE
Cynthia Moorman
Robert’ Crouch
Toll House Ave
Frederieh
Michigan
University of Mi
University of Thibois
Cook County Hospital
Chicago
Dr. Crouch
Missouri
Gregory Nichols
Moorman
Frederick
Also Mentioned on This Page
Wall Street
Jeffrey Feiner
Lehman Brothers Inc
Sears
Kmart
Chicago Board of Trade
National Weather Service
Midwest
North Dakota
Iowa
Chicago Mercantile Exchange
Insurance Institute For Highway Safety
Highwaysafety.org
Dr. Moorman
ED Waters JR
News-Post
Mr. Madden
American Express
Hewlett Packard
Johnson & Johnson
Chevron
Texaco
Robert Stovall
Stovall Twenty-First Advisers
New York Stock Exchange
Japan
Britain
Allegheny Energy
Comsat
Safeway
Eyee Constellation
Crown Amer
i / Sun Trust
Exxon
St. Paul
Fcnb Corp
First Union F&m Bancorp
US Airways
Warldgom
First United Andhon
WalMart
Fred Brew Wash
Weis
GTE Corp
GaPacific
HCC Ins
Ferns Baker Watts Home Depot
Lincoln Mercury
Lisa Brown
FSK
Lisa
Audi
Seuna
AP Business Siary
Dolly Winnera & Losers
Mutual Furais Report
Mor Econgrra
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Rockville
SIPC
Scotirade.com
Mys
Streedom
Frederick Municipal Airport
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