May wholesale prices dip again. core up
The Labor Department reports May PPI fell 0.1 percent for a second straight month, the first back-to-back decline since 1991. Excluding food and energy, the core index rose 0.4 percent, driven by apparel, autos, and tobacco, signaling mixed inflation signals and potential higher rates ahead.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Concen
Elliott Platt
Donaldson, Lufkin & Jenrette Securities Corp
Federal Reserve
Wall Street
Eugene Sherman
M.A. Schapiro & Co
Frederick Cablevision keeps rates steady under FCC guidance
Frederick Cablevision announced no changes in subscriber rates under new FCC guidelines. Robert W. Cole, its vice president, said services are below the clarified rate benchmarks and that no subscriber notification is mandated. The company noted two FCC ordered rate reductions had already occurred and its charges remain below those benchmarks.
MENTIONED IN THIS ARTICLE
Frederick Cablevision
Federal Communications Commission
Robert W. Cole
FCC
Frederick
Commission
Cole
Dow Gains as Strong Data Boost Economy Stocks
U S stocks rose on Friday as investors bought economically sensitive issues after stronger than expected data. The Dow gained 20.31 to 3,773.45, up 1.23 percent for the week, with advancing issues outnumbering decliners about 4 to 3 on the NYSE and volume at 222.46 million shares. Major indices including the S and P 500 at 456.67 and the Nasdaq Composite at 734.25 posted gains, while the Wilshire and NYSE indexes rose modestly.
MENTIONED IN THIS ARTICLE
New York
York Stock Exchange
Standard&Poor
Grain futures rise as weather weighs on crop markets
Wheat July delivery up 2 cents to 3.38. July corn 2 cents higher at 2.73. July oats up 4 cents to 1.18. July soybeans 9.4 cents higher at 6.2. Livestock quotes span butcher cows, bulls, steers, heifers, stock cattle, calves, hogs, sheep, goats. Auctions include Four States and Westminster sales with prices for dairy replacements, veal calves, farm calves, and feed commodities.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Plains
Ugtr
Frederick
Westminster
U.S
Courte
Woodsboro Livestock Sales
Nikkei Ends Three Day Gain As Tokyo Shares Slip
Prices on the Tokyo Stock Exchange fell in heavy trading ending a three day gain. The Nikkei 225 dropped 7.60 points to 21,395.18 while the dollar closed at 104.07 yen, unchanged for the week.
MENTIONED IN THIS ARTICLE
Tokyo
Tokyo Stock Exchange
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Mr. Cole
Dow Higher
East St. Frederick
Maryland Farm Credit
East Street
Maryland
Dean Boggs
John Simp
Hagerstown
Four States Livestock
Timothy
Asy Westr
Woodsboro
Dow Jones Industrial
Marriott Loyola Corp
Unwigd Alume
Mercantile Bakshr
AligPwr
Ye Unwigd Alumax
Moore Corp
Unwigd
1 Nations Bank
Avemco
Penney
Baltge
Pepsico
Lora] Corp
Lowes
Nikkei Down
Ime Eqi
TY Lin
Fcnb Bank
Main
Antietam
Fast Frederick
Eldersburg
Frederick County
West
FSK Mall
Middletown
Carroll County
Englar
Vice
Rosemont
Walkersville
Mt. Airy Office
Arthur W. Boyce
P.A
Patrick Street
Edward D. Jones
Stock Market Report
Randy
Bluhm
4Digit Co
Edward D. Jones Co
W. Patrick St. Frederick
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