Personal income higher in October boosts Christmas sales
Amer icans' personal income rose 1 percent in October to a seasonally adjusted annual rate of $5.13 trillion, the Commerce Department reported. Excluding one time events, income grew 0.4 percent. Consumer spending climbed 0.7 percent to a $4.16 trillion annual rate, as analysts expect a solid Christmas season despite past volatility.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Andrew
Dederick
Northern Trust Co
Chicago
Allen Sinai
The
Boston Co
Maryland official plan to sell Maryland themed items met with shop owner's ire
Annapolis AP A Maryland businesswoman Fulton's shops in Ellicott City and St. Michaels fear a state mail order venture selling Maryland themed tote bags mugs and more will compete with private business. State officials say the program aims to raise funds after budget cuts and is tied to park souvenirs.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
Melissa M. Fulton
Department of Natural Resources
Ms. Fulton
Ellicott City
St. Michaels
Chesapeakeay
Robert L. Gould
Gould
Christopher J. McCabe
Grain futures and local stock sale results in Chicago
Grain futures show mixed prices with corn oats and soybeans trading as of day’s close on the Board of Trade. Local livestock sales in Chicago report varied prices for cattle hogs and calves with notable bids and open interest across multiple classes and weights.
MENTIONED IN THIS ARTICLE
Board of Trade Friz
Chevy Chase FSB seeks time to boost cash reserves
Chevy Chase Federal Savings Bank says earnings grew but it will not meet stricter next month cash reserve requirements. Officials plan to request more time from federal regulators to build up reserves to protect against losses. CFO Stephen R Halpin Jr notes they expect to meet or be close to the new capital requirements, with only a potential shortfall in one category and for a brief period.
MENTIONED IN THIS ARTICLE
Chevy Chase
Washington Area
Thru Institution
Chevy Chase Federal Savings Bank
Office of Thrift Supervision
Thnfl
Stephen R Halpin Jr
Microlog forecasts modest fourth quarter profit
Germantown based Microlog Corp reports it expects a modest profit for the quarter ended Oct 31, the first since July 31, 1990, with final figures to be released in December. Microlog designs and services voice processing systems for government health care utilities and media markets. Citizens Bancorp Laurel declares 27 cent per share dividend payable December 31 to shareholders of record December 4.
MENTIONED IN THIS ARTICLE
Germantown
Prnewswire
Microlog Corp
Manu
Factures
Citizens Bancorp
Laurel
Middletown Valley Bank Tops U.S. in Rating
Middletown Valley Bank, with three locations in Middletown and Jefferson, received a top score of 300 from IDC Financial Publishing in its Bank Financial Quarterly. The 300-point rating marks a superior, best-in-class standing for capital ratios loan risk equity and liquidity, a status the bank has achieved previously. The bank has served the community since 1908.
MENTIONED IN THIS ARTICLE
United States
Middletown Valley Bank
IDC Financial Publishing
Financial Quarterly
IDS
W. Main St
Main St
Middletown
Jefferson Pike
Jefferson
Market Higher on U.S. Stocks in Shortened Session
The Dow rose 15.94 to 3282.20 as U.S. stocks gained for a third straight day amid Thanksgiving week trading. Advancers outpaced decliners about 7 to 5 with volume around 106 million shares, while the S P 500 stood at 430.16 and the Nasdaq at 649.49. In Tokyo, shares fell as the Nikkei slipped 0.05 percent to 17,470.61 on thin turnover amid a firmer dollar.
MENTIONED IN THIS ARTICLE
Ya Dow Jones Industrial
Nice
Kmart
Life
New York
Litton
Lowes
AllgPwr
Loyola Corp
Marriot
Pfs
Avemco
Baltge
Mercantile Bell
Bakshr
Whittaker
Moore Corp
Nations Bank
Fe Citizens Bank
Xx Corp
Comsat
Exxon
Merce
Fcnb Corp
Giant Foods
F&m Bancorp
Ferris, Baker Watts Inc
GTE Corp
New York Stock Exchange
Standard&Poor
Tokyo
Tokyo Stock Exchange
Also Mentioned on This Page
Robert G
CHIC
Frederick
Belsiem
Nebi
Imecourtecy
Frode
Woodsboro
Chevy Chase Fsb
Microlog
Tee
U.S
Standard&Poor's
Nikkei Down
Frederick Neus
Balan
Ipto Gay
Macmoarer
Feam
Arid
Aheny
Chiege
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