Investors stay cautious as stocks end mixed after Fed rate cut
New York investors tempered optimism as Wall Street paused after a rally, with the Dow down 36.7 points to 10,044.4 and the Nasdaq up slightly. The Fed trimmed rates for the fifth time this year while productivity rose 2.7 percent in Q3, boosting belief in a potential economic turnaround next year. Major gainers included Cisco and 3M, while HP and Compaq faces questions over a large merger, and retailers hinted at nervous consumer spending ahead of October reports.
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Salons owner receives Business and Professional Women’s Club award
Mary Jane Wisniewski, owner and director of Mvadines Salon and Day Spa in Predecick, is named Employer of the Year by the Frederick Business and Professional Women’s Club for supporting employees with training and opportunities. She has 23 years in beauty, opened her first salon in 1984, and employs 48 staff. She supports BPW scholarship funds, Hospice of Frederick County, and Multiple Sclerosis.)
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Regional design firms merge to form LTN Creative in Frederick
LW Design and Maeduza Design unite to create LTN Creative a full service marketing and design firm at 120 W Church St Frederick. Leaders Louanne Welgoss and Tim Finnen bring over 20 years combined experience with staff including Kim Moore. The firm offers strategies branding corporate identity and print broadcast and interactive design services.
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Grand opening of Family Auto Repair expands into used cars
Family Auto Repair and Used Car Sales held a grand opening to mark its expansion into used car sales. President Darlene Balderson says quality vehicles are offered at lower prices and staff will locate vehicles for customers. Open Monday to Friday 9 to 5 and Saturday by appointment. contact 301-694-7777 or 301-094-8900. The business extends eight years of Maryland inspection and 24-hour towing services. Left to right: Ms Balderson, Mary Lynch, Kim Miller, Tony Lagana.
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Soybean futures rise on demand and technical pullback
Soybean futures advanced on the Chicago Board of Trade as solid demand for soy products and a technical correction supported prices. Wheat edged higher on poor weather in Argentina and the central Plains while corn held steady. December soybeans climbed to about 4.41 a bushel and December wheat rose to 2.87 a bushel amid mixed cattle and hog futures signals.
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Younger Family opens Mew Mercedes-Benz of Hagerstown
Mew Mercedes-Benz of Hagerstown opens at 1995 Daal Highway Hagerstown in the tri state area. Younger family with 25 plus years in service unveil state of the art sales and service center. Visit youngermercedescenter com for more details.
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