State seeks record million in fines for Bethlehem Steel pollution
Maryland seeks 1,070,000 in penalties plus 91,500 in admin charges for 107 air pollution violations at Bethlehem Steel Sparrows Point plant. The suit notes ongoing coke oven gas emissions despite a five year 92 million overhaul and calls for strict adherence to consent orders. Bethlehem spokesman said no notice yet. state officials say actions will enforce clean air agreements.
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Dundalk
Bethlehem Steel
Sparrows Point
Maryland Department of the Environment
Martin Walsh Jr
Department of the Environment
Baltimore County
Walsh
Maryland
G. Ted Baldwin
George Ferreri
Ferreri
U.S. Environmental Protection Agency
EPA
Mary Rosso
New president named at Fairchild Space and Defense Corp
Jack Frohbieter was named president and chief operating officer of Fairchild Space and Defense Corp, directing daily operations across the Space, Defense and Controls divisions in Maryland and California. The Matra Group unit, based in Germantown and Manhattan Beach, employs about 2,000 and generates roughly $230 million in annual revenue. Matra, Paris headquartered, is a diversified group with 1989 revenues around $36 billion across aerospace, telecommunications, and transportation.
MENTIONED IN THIS ARTICLE
Germantown
Prnewswire
Jack Frohbieter
Fairchild Space and Defense Corp
Frohbieter
Corporation
Fairchild
Space, Defense and Controls
Maryland
California
Fairchild Space & Defense Corporation
Matra Group
Manhattan Beach
Calif
Matra
Paris
Golden parachute loss for Hoblitzell
MNC Financial says the severance package for resigned chairman Alien F Hoblitzell Jr. is far smaller than a Washington Post figure. Hoblitzell will get 13 million in cash and an annual pension of 465000 per year.
MENTIONED IN THIS ARTICLE
Baltimore
MNC Financial
Alien F Hoblitzell Jr
Hoblitzell
MNC
Daniel Finney
Finney
Washington Post
Black & Decker to Sell Four Divisions for 150 Million
Black & Decker plans to sell four divisions totaling about 150 million dollars to meet debt payments from its 3.8 billion Emhart acquisition. Trac Temper Hardware goes to Huffy for roughly 55 million. Medic unit sold to a management buyout group. domestic capacitors sold to Yosemite Investment. GardenAmerica sale to Hardie Industries of Australia completes the package.
MENTIONED IN THIS ARTICLE
Ballimurlary
Black & Decker
Emhart Corp
Huffy Corp
Dayton
Ohio
Huffy
Medic
Planning Research Corp
Yosemite Investment Inc
GardenAmerica
Ideits
Hardie Industries Ltd
Australia
Totel
Late rally lifts mixed market in New York trading
A late rally in blue chips provided one of the few bright spots in a sluggish session as the Dow edged into a gain while decliners outnumbered advancers on the NYSE. Volume reached 145.41 million on the day, with total NYSE-listed shares at 470.03 million on a global measure. The NYSE composite rose to 171.33, S P indices gained, and NASDAQ fell amid a broad market pause. In Tokyo, shares closed sharply lower with the Nikkei down 571.20 points, and the dollar eased to 135.90 yen.
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New York
S&p
Tokyo
Tokyo Stock Exchange
Dow Jones
NEW York Gold
Ally Pwr
Avemco
Bantecisis
Black Dr
C&S/Sovran
CSX Corp
Va Citizens Bank
Clorox
Comsat
Exxon
Fedders
Fcnb Corp
F&m Bancorp
First Bank of
Fred
Frederick Trading Co
General Motors
Giant Foods
Hech
Chicago Board of Trade futures roundup for grains
Chicago futures quotes show Wheat Corn Oats and Soybeans with varied open high low last and changes. Dec Wheat at 27 34 to 28 54 range, Mar Wheat 28 8 to 29 0, Soybeans around 62 2 to 66 6 with gains and open interest rising. market activity includes Wed sales and open interest figures across WHEAT CORN OATS SOYBEANS.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Wed
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Embhart Is
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