Trend shows higher salaries for college graduates
The 1981 College Recruiting Report notes ongoing salary gains for new graduates across disciplines. Engineering grads average $1,849 monthly, with petro leum firms paying about $2,041 and merchandising $1,417. pharmacy leads at $2,073 while biology trails at $1,408. Masters and PhD levels show even higher starts, and overall demand shifts project increases for tech fields and declines for non technical and junior college tracks.
MENTIONED IN THIS ARTICLE
Steven Langer
Abbott, Langer & Associates
P.O. Box
Park Forest
Ill
Rite Aid Reports Record Earnings for Quarter and Half
Rite Aid chairman Alex Grass announced record earnings for the quarter ended August 29. Net income rose 14.2 percent to 8.999 million or 64 cents per share while net sales increased 11.7 percent to 255.804 million. For the 26 weeks ended Aug 29, 1981, net income reached 17.22 million, up 16.2 percent from 14.824 million, and earnings per share stood at 1.23, with sales of 909.855 million, up 12.6 percent from the prior year.
MENTIONED IN THIS ARTICLE
Alex Grass
Rite Aid Corp
NYSE
Stock market slides on earnings fears and rate hike hopes
The New York market posted its sharpest drop in six weeks as third quarter earnings concerns and rising rate fears weighed on investors. The Dow fell 14.9 percent to 850.65, NYSE composite slid to 68.97, IBM sank to 52 and other techs such as Texas Instruments and Digital Equipment declined. General Motors also eased after reporting weaker October car sales alongside rivals.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
IBM
Texas Instruments
Digital Equipment
Control Data
Data General
National Semiconductor
Datapoint
Tod
General Motors
Procter
Market slide dims big Board volume in mid October
The News records a muted trading day as Big Board turnover falls to 40.26 million shares from 43.07 million. Downgrades in major indices follow, with the S and P 400 down 2.25 to 132.85 and the S&P 500 off 1.98 at 118.80. AMEX value index slips 6.22 to 905.95 and the NASDAQ composite ends at 189.43, down 2.49.
MENTIONED IN THIS ARTICLE
Gamble
U.S. Steel
Merck
Standard & Poor
S&p
American Stock Exchange
Also Mentioned on This Page
Dow Jones
CSX Corp
Exxon
Fairchild
GenStar
Giant St
Gulf Ol
Ala Kmart
Litton
Marriott Corp
MD NatlCp
Mercantile ‘ Bukshi
Mobil
Noa Phil
Alk
Penney Peep Dr Lint
Piantra
Potem el
Safewy
Sears
Standes
Tandy
Texaco
USFG
Warner L
Washes
Ala Whittak Is
Woolworth
Baker Watts & Co
Frederick
Rite Aid
John Reed
Jefi
Jim Cornell
Golden Ear Audio Inc
Ed Waters Jr
Hicas
Santa
Fredericktown
Christmas Club
Market Street
Patrick Street
Atallour
Mredeic Bank& Mcklown Laz
Spereo
Amber Meadows
the News
Homelite
Baker's
Service & Sales
W. Patrick ST
Frederick Towne Mall
Maryland
Bvokehem Coles
Kodak Demonstrator
Kodak Colorburst
Kodak
Eytomanc Pont
Hunrry
Ee Frederick Shoppers World
Route 4 Towers
Diytributors
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