Bank profits soar in quarter amid banking rebound
Washington AP report shows FDIC data: 11,328 commercial banks earned 10.9 billion in Q1, up 44 percent from a year ago and above prior records. Analysts warn profits may fall if rates rise, while savings banks posted 517 million in Q1 profits.
MENTIONED IN THIS ARTICLE
Washington
Federal Deposit Insurance Corp
Paul Getman
Regional Financial Associates
West Chester
FDIC
Andrew C. Howe Jr
U.S
Congress
S&l
George Kaufman
Loyola University
Chicago
Getman
Howe
S&ls
Eagle Antiques opens in New Market on Sixth Avenue
Eagle Antiques owner George Strasberger offers a wide selection of unusual items from military and political collectibles to photos, paintings, lamps, cookie jars, posters, clocks, and a 200,000-plus collection of rare baseball cards. The shop operates 11am to 5pm Friday through Sunday and legal holidays, with contact at 371-7563.
MENTIONED IN THIS ARTICLE
George R. Strasberger
Eagle Antiques
Sixth Alley
New Market
Sixth Avenue
George Strasberger
Strasberger
Baltimore joins 20 cities in low income home loan program
Baltimore will receive about 6 million under a Neighborhood Housing Services program expanding loans for low to moderate income buyers. Since 1975 the Baltimore area has issued over 24 million in loans with a 5 percent delinquency rate in high risk zones. Homes typically cost 30 000 to 50 000 dollars. Mortgage terms include adjustable rates with high initial percentages.
MENTIONED IN THIS ARTICLE
Baltimore
Washington
Neighborhood Housing Services
Michael Braswell
Braswell
George Knight
Giant Food reports 19 percent first quarter earnings rise
Giant Food Inc the leading chain in the Baltimore Washington area posted a 19 percent gain in first quarter earnings to 22.7 million or 3 cents a share for the three months ending May 22 up from 19.1 million or 32 cents a share a year earlier. Including a one time accounting change net income rose to 26.6 million or 45 cents a share.
MENTIONED IN THIS ARTICLE
Landover
Giant
Food Inc
Baltimore-Washington Area
Market ends modestly higher ahead of inflation data
New York stocks pulled back from an morning rally to finish only modestly higher as investors awaited key inflation figures. The Dow rose 139 points to 3511.93, with advancers slightly ahead of decliners on the NYSE in a 7 to 6 ratio and volume around 24.353 million shares.
MENTIONED IN THIS ARTICLE
NEW York (Ap
New York Stock Exchange
Also Mentioned on This Page
Ed Waters Jr
News-Post
Michael Warden
AVAL
Bis
ILE
First General Mortgage Company
Creat
First Vigna Bank
Montgomery, Frederick, Howard Counties
EW Spa
Frederick
Edward D. Jones & Co
W. Patrick St
Joe Leichert
Chamber of Commerce
Frederick County
Bruce Reeder
Ronald Sundergill
Paul Gordon
Randy S. Bluhm
William Lee
Rhonda Bluhm
Pete Cox
Ivonce Noice
Chamber of Commerce of
Healthcare In the
The
Business Development Committee
Frederick Memorial Hospital
Mary Lou Coss
FMH
Bryan White
Continental Breakfast
Standard&Poor
Standard&Poor’s Industrials
LAW
Silbiger & Coleman
W. Patrick Street
Fredenck News Post
Stock Market Report
AP Stock Quotes
AP Newswatch
AP Agricultural Report
IBM
Owa RP
Toyots
Shockley Geomeie
Newspapr
Abachive
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