Dow Falls as IBM Earnings Fail to Sustain Rally
Stocks tumbled, then edged lower, with the Dow Jones industrial average slipping 3.36 to 6090.87 after an afternoon bounce. IBM's mixed results and tepid investor enthusiasm capped gains, while Texaco led oil shares higher and Exxon's and Chevron's gains faded.
MENTIONED IN THIS ARTICLE
New York
IBM
Dow Jones
Dow
Intel
Compaq Computer
Steven
Goldman
Weeden & Co
Greenwich
Conn
Texaco
Exxon
Chevron
Henry Herrmann
Waddell & Reed
Overland Park
Kaw
Galaxy plans expansion in Frederick adds 26 thousand square feet
Galaxy Registration Inc. will add 26,000 square feet at 1888 N Market St Frederick with 100 more parking spaces in a city deal approved by Mayor Jim Grimes. Construction starts early 1997 and the current building will be grandfathered from new retrofits. Galaxy employs about 180 with branches in Amsterdam and Paris. An open house is planned for Oct 27 at Mullinix Veterinary Service. Susquehanna Bancshares declares a 30 cent per share dividend payable Nov 20 to record holders Oct 30.
MENTIONED IN THIS ARTICLE
Galaxy Registration Inc
Frederick
Jim Grimes
N. Market St
Galaxy
Grimes
Gal Robert N. Locke
R.F. Taft Construction Inc
Gm.w. Group
Thomas Moore and Associates
Frederick Companies
West Third Street
Amsterdam
Paris
Mullinix Veterinary Service
Green Valley Road
Monrovia
Susquehanna Bancshares Inc
Lititz
Grain and Soybean Futures Slip as U.S. Crop Outlook Grows
Chicago grain and soybean futures retreated amid expectations of bumper U.S. crops and weak export demand. Wheat, corn, and soybeans traded lower after initial gains tied to wet Midwest weather, while frozen pork bellies plunged the daily limit and hog and beef futures fell.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Midwest
Plains
Agriculture Department
Dale Gustafson
Smith Barney
Mr. Gustafson
Chicago Mercantile Exchange
Area stocks update for Monday October 21 1996
The Dow Jones Industrial Average stood at 6090.87 down 3.36 for the day and volume reached 418.32 million shares. New York Gold traded at 381.50.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Standard & Poor
NYSE
Dow Jones
New York
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Windsor Boulevard
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Maryland
IKON
YSPA
Fcnb Corporation
SIPC
Ferris, Baker Watts, Inc
West Patrick Street
Frederick, MD
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FCNB
The
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Scottsdale Securities Inc
Scottsdale
Oil & Gas
Scottsdale Securities, Inc
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Executive Blvd
Rockville
Quick & Reilly
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