Markets Up Amid Uncertainty as Jeffords Shift Roils Investors
U S stocks closed higher in an uneven session as investors weighed a leadership shift in the Senate and ongoing economic uncertainties. The Dow rose 169 to 11,124, the Nasdaq gained 385, and the S&P 500 added 4. The day featured choppy trading after Vermont Senator James Jeffords left the GOP to become independent, ending Republican control of the Senate, with analysts noting earnings momentum and rate-cut expectations as influential factors.
MENTIONED IN THIS ARTICLE
New York
Meester
US Senate
Wall Street
Standard & Poor
Vermont
James Jeffords
Republican Party
Senate
Federal Reserve
Alan
Fahnestock & Co
Ackerman
Microsoft
General Motors
Home Pee
Intel
USDA corrects six weeks of livestock pricing errors
The Agriculture Department says a new system understated beef prices received by packers, with choice grades about 2.3 percent below and select grades about 0.4 percent low. The errors affected price reports used in contracts and negotiations, and legal liability is being reviewed while the department works to fix the software-driven misreporting.
MENTIONED IN THIS ARTICLE
USDA
Hinatoc
Tem
Keith Collins
Collins
Department of Congress
OAO partners complete RAS Boot Camp in Las Vegas
The partners of OAO CPAs Frederick and administrator Donna Hesse attended the 40 hour Results Accounts System Boot Camp 2000 in Las Vegas. Led by Alice Orzechowski H Mark Alexander Jr and B Scott Oden the training covered wealth creation for clients and new management concepts for teamwork as the firm emphasizes ongoing professional development. Meanwhile grain and livestock futures rose on the Chicago Board of Trade on expectations of better crop outlooks and supportive demand ahead of the holiday weekend with corn soybeans and wheat all advancing and cattle hogs and pork bellies showing mixed moves.
MENTIONED IN THIS ARTICLE
Alice Orzechowski
H. Mark Alexander
B. Scott Oden
OAO Cpas
Fredenck
Donna Hesse
Frederick
Results Accounts
Las Vegas
H. Mark Alexander Jr
North America
Orzechowski
OAO
Alexander
Chicago Board of Trade
Frederick Firm Partners With Swiss Company To Expand Markets
Frederick based Micronet Safety Inc to acquire equity in Micronet AG Switzerland, expanding from C-420 Army blowers to broader personal protection gear and industrial air flow systems. Micronet Safety, operating since 1998, aims to enter U S industrial arena and grow with new products in the coming year.
MENTIONED IN THIS ARTICLE
Frederick
Micronet Safety Inc
Micronet AG Switzerland
Mespec
Dale E. Kline
U.S
Micronet Safety
Micronet AG
Switzerland
Microsoft and Lockheed form alliance to win gov contracts
Microsoft Corp and Lockheed Martin Corp announced an alliance to pursue government contracts, forming a joint team to learn each other’s technology and identify projects. There is no financial component, and collaboration includes defense software on Navy and Defense Department projects.
MENTIONED IN THIS ARTICLE
Seattle
Microsoft Corp
Lockheed Martin Corp
Pete Harrigan
Lockheed Martin
Bethesda
U.S
Defense Department
Harrigan
General Dynamics
U.S. Navy
Lockhi Martin
Microsoft
Nehemia Program to hold one day mortgage event
The Nehemia Program invites qualified buyers to a one day on the spot mortgage approval event from 9 am to 3 pm on Saturday June 6. The event offers county reduced interest rates up to 435 percent with income restrictions and limited funds. Call 301-493-8066 for details. First Horizon Home Loans will handle underwriting and origination for on the spot approvals.
MENTIONED IN THIS ARTICLE
Nehemia
Thal Ree Ipuisty County
First Horizon
Also Mentioned on This Page
Gong
Varus
Charles Whyte
Avatar Associates
Commerce Department
Labor Department
Jeffords
Go Pharmaceutical
Yee Eee
Britain
France
OAO Partners
Bon-Ton
Bon-Ton Stores Inc
Lockheed
Lowe's L
Marnott
Mercantile
Cambrex
C$x Corp
St. Paul
FAM Bancorp
Tech Data
First Union
Ove R Us
First United
US Airways
Fred Brew N/AN/A Venton
Ae Fulton Fin
MCI Worldcom Siro
WalMart Ga Pacific
Wash Gs
HCC Ins
Weis
WEC
IBM
Kmart
Ferris Baker Watts
Frederick Newes
Whchal Fok
Teper
Seok Whaat
Nics
Monroe Street Plaza
Rockville
SIPC
Scottrade Com
Tay
Vas
Faye Ett
Micrsé
Micronel Safety
Micronel AG
Frank Schneider
Rales
Barbara Lucas
Equitable Bank
Omer
Cobeerton
Ridg Professional Park
Ridgefield Dr. Frederick
Spring-Ridge
Bidet
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