Markets Slip In Tepid Thursday Trading Session
Wall Street ended down as enthusiasm faded amid a lackluster session. The Dow fell 2.4 points to 10,208.1, the S&P 500 slipped 3.16 to 1,100.73, and the Nasdaq dropped 20.36 to 1,731.32 after a mixed batch of data including a 14 percent GDP rise in Q4 2001 and upbeat Chicago area business activity. Analysts cited slow capital spending and ongoing corporate governance concerns despite Greenspan's optimism. Dow component Disney and 3M weighed on equities, while Honeywell edged higher. Overseas markets were mixed with modest gains in Japan and Europe.
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Federal Reserve
Alan Greenspan
Commerce Department
Purchasing Management Association of Chicago
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Disney
Honeywell
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Arthur Hogan
Jefferies
Japan
Europe
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IRS urges electronic filing to reduce common tax errors
Federal and Maryland tax officials advocate electronic filing to cut mistakes such as wrong Social Security numbers and miscalculations on rebates. Officials cite lower error rates with e filing, faster processing, and new state options like direct debit and telefile.
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Comptroller’s Office
Bers
Igeshan
Serio
Luray
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Maryland
CareFirst reports 2001 net income of 92.4 million
CareFirst BlueCross BlueShield posted 2001 income of 92.4 million, up 7.3 percent from 2000, thanks to gains in Washington and Delaware affiliates. Maryland operations lost 19 million, offset by 32 million in investments and other income. Officials cite rate hikes, open enrollment losses, and drug program subsidies as factors. Conversion to for profit and sale to WellPoint at 1.3 billion is under review amid public input. Bank dividend declared by Sandy Spring Bancorp at 17 cents per share for March 21.
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CareFirst BlueCross BlueShield
Washington
Delaware
Maryland
Mark Chaney
CareFirst
Hassis
WellPoint Health Networks
Sandy Spring Bancorp
Archery officials and athletes gather at Nashville event
Bill Offutt of Fox Sport and Balton Frederick attended the 2002 Archery Manufacturers and Merchants Association event in Nashville Tennessee. They met Denise Parker the 1988 Olympic archer and youngest medalist, who now directs marketing and membership for the association. Todd Offutt also attended.
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Bill Offutt
Fox Sport & Balton Frederick
Archery Manufacturers and Merchants Association
Nashville
Tenn
Denise Parker
Ms. Parker
Archery Association
Todd Offutt
Plamondon Firms Give Over 11000 to Red Cross Relief Fund
Plamondon Companies presented more than 11000 to the American Red Cross Disaster Relief Fund. The 16 Roy Rogers Restaurants donated 10 percent of October sales while Courtyard by Marriott and Fairfield Inn by Marriott in Frederick added a per room donation in October. Guests pictured include Mike Henningsen Peter Plamondon Jr Leah Crece Paul Ery and Jim Plaondn with Keith Williams promoted to service manager at Tate Chrysler Daewoo Frederick.
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Plamondon Companies
American Red Cross Disaster Relief Fund
Roy Rogers
Marriott
Fairfield Inn
Marriott Hotels
Frederick
Mike Henningsen
Peter Plamondon Jn
Leah Crece
Frederick County
American Red Crows
Paul Ery
Jim Plaondon
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