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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Mar 13, 2002
Page
6
Investors pulled profits amid weak sales forecasts and investigations in telecom and tech sectors. The Dow edged up 21.4 to 10,884.8, its second straight close above 10,600 while the Nasdaq slumped 32.37 to 1,457.12 and the S&P 300 fell 2.60 as broader indexes faltered.
Four major regional firms join to create Coldwell Banker Residential Brokerage with 90 offices and 4,000 sales associates across Maryland Virginia Delaware and DC. New leadership includes Tom Stevens as president and John Evans as COO, with NW1T affiliation and 10 billion in sales volume projected for 2001.
Wheat futures rose on the Chicago Board of Trade as investors viewed the prior session’s drop as overdone. Corn advanced, soybeans slipped, and May futures for wheat, corn, oats, and soybeans moved to new or near two week levels amid mixed demand signals. Corporate Color and Corporate Digital Xpress launched new Web sites linked to former M&K3 Printing, with Corporate Color at www.cpealor.com and Corporate Digital Xpress at www.corporatedigitalypress.com.
Stacey Miller attends the Worden’s Focus Group meeting as part of a women’s support network for business ownership. Participants discuss vendor relations, employee handling, productivity, profitability, and networking with professional women, sharing goals and recommended readings while plans stay realistic amid change.
O'Conor Piper Flynn will cease as a name after merging with four firms to form Coldwell Banker Residential Brokerage. The new company, with over 4,000 sales associates across SY locations, spans from Delaware beaches to Maryland Washington area and Virginia. NRT Inc combines OFF with Pardoe Real Estate, Caldwell Banker Stevens, and Caldwell Banker Realty Pros Ltd. No jobs or offices will be erased. The four firms posted 310.2 billion in last year sales and rank among top brokerages.
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