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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Nov 11, 1982
Page
8
The Plantronics Inc board declares a regular dividend of 4 cents per share payable November 24, 1982 to shareholders of record November 10, 1982. French aviators Dieufonne Coste and Joseph Le Brix first flew from Africa to South America in 1927.
Stocks slipped after an afternoon selloff on Wall Street as the Dow dipped 15.73 to 1044.52 after an early upsurge. Trading volume reached 113.24 million on the NYSE with 411 issues at 12-month highs, though many closed below Tuesday’s levels amid Fed policy uncertainty and a mixed earnings backdrop.
Input Business Machines plans a full relocation from Rockville to Frederick around year start. The NASDAQ listed firm will occupy 18,000 square feet at East Street Center while admin offices stay at the East Sixth Street silo factory. Operations will move to Frederick, with passport reader projects for a McLean processing center and exports to Control Data Corp, MPI Division, Dennison, Bell & Howell, and others. Management projects 1982 sales near $4 million with 20 percent growth in 1983 and aims for $12 million by 1985.
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