Blue chips push market higher as small caps lead
U S stocks ended mixed with blue chips up 12.77 points to 7835.18 while small and mid cap indexes climbed to fresh records. Dow gains were led by JP Morgan and Chevron as CompuServe sold to WorldCom for 1.2 billion, AOL up 6 1/8 and Nasdaq and Russell indices hitting new highs amid thin news.
MENTIONED IN THIS ARTICLE
New York
Scott Bleier
Prime Charter
Dow
J.P. Morgan
Chevron
New York Stock Exchange
Standard & Poor
WorldCom to buy CompuServe for 1.2 billion
WorldCom will purchase CompuServe for 1.2 billion in a three way deal that transfers CompuServe’s 2.6 million online users to America Online. The move makes AOL a dominant online service and expands WorldCom’s network services portfolio.
MENTIONED IN THIS ARTICLE
New York
WorldCom
CompuServe
America Online
AOL
Downtown Frederick merchants gear up for Christmas events
The Downtown Frederick Association plans Operation Sparkle with judges touring downtown on Nov. 28 to award best window displays. An open house on Dec. 5 and 6 coincides with the Kris Kringle Parade. Horse-drawn trolley rides with Santa begin four weekends before Christmas, and gift certificates will be awarded. The next DFA meeting is Oct. 6 at the Chamber of Commerce offices.
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Frederick
Downtown
DFA
Janet Sink
Archie Rogers
Brewer's Ailey
North Market Street
Santa Claus
Chamber of Commerce of
Frederick County
S. Market St
Grain futures slip as Egypt demand wanes on CBOT
Wheat prices drop sharply on the Chicago Board of Trade as export orders slow and winter planting advances. Corn and soybeans retreat amid China selling and expectations of a larger harvest, with wheat futures down 7 1/4 cents for December and other contracts easing. Beef and pork futures show mixed moves on CME.
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Chicago
Chicago Board of Trade
Egypt
U.S
France
Gerald Zusel
E.D. & F. Man International Inc
China
Zusel
Ued
Chicago Mercantile Exchange
WorldCom to buy CompuServe for stock. AOL gets ANS unit
WorldCom agrees to acquire CompuServe for about $1.2 billion in stock and to trade CompuServe content and 2.6 million subscribers plus $175 million to AOL in exchange for AOL's ANS Communications division. WorldCom will also gain a five year service contract for AOL’s network customers and already owns UUNet. CompuServe, once a leader in online services, has faced losses and defections as AOL rose in the 1990s.
MENTIONED IN THIS ARTICLE
CompuServe
H&& Block
WorldCom
AOL
ANS Communications
Uunet Technologies Inc
Wow
America Online
Microsoft
Wal Mart reports higher sales across periods
Wal Mart Stores Inc reported four week period net sales of 88.8 billion, up 12.6 percent from 7.8 billion a year earlier. For the 30 week period sales rose 11.9 percent to 63 billion from 56.3 billion. Sam�s Club four week sales were 1.5 billion, up 5.8 percent from 1.4 billion. Club sales for 30 weeks were 11.3 billion, up from 10.9 billion.
MENTIONED IN THIS ARTICLE
Value City Department , Inc
Wal-Mart Stores Inc
Sam's Clubs
Treasury sells bills at lower rates in Monday auction
Washington AP reports short term Treasury bills attracted demand as the Treasury sold 11.6 billion in three month bills at an average discount rate of 5.01 percent and 11.8 billion in six month bills at 5.14 percent. Both rates marked declines from last week. The three month rate was the lowest since July 7 and the six month rate the lowest since August 18.
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Washington
Treasury
Treasury Department
Cadets rally to beat Knights in OT at Frederick High
Frederick Cadets overcome an early 2-0 deficit to edge Middletown 3-2 in double overtime at Frederick High School. Dan O’Hara buried the game winner in the second OT after Zach James crossed to Ben Scher, despite Middletown’s early goals by Beard Meloney. Cadets improve to 2-0 while Middletown opens its season.
MENTIONED IN THIS ARTICLE
Frederick
Dan O'Hara
Middletown
O'Hara
Knights
Frederick High School
Zach James
Ben Scher
Scher
Jason Cherish
Jason
Dan
Rob Wohlgemuth
Walkersville
John Bodnar
Bodnar
Bodkar
Noah
Joey Beard
Marco Sandi
Jonathan Meloney
Doug Boyle
Sheffier
Furzior
Greg Thornton
Matt Slagle
Tim McCallum
Cadets
Greg McCormick
Shane Smith
Aaron Warner
Bill Green
Jason Birkhimer
Sands
Vizquel’s hit lifts Indians past Orioles 2 1
Omar Vizquel drove in Pat Borders with a two-out single in the seventh as the Cleveland Indians beat the Baltimore Orioles 2 1. Hershiser and Kamieniecki dueled, Borders doubled, Vizquel lined the go-ahead single, Mesa earned the save, Williams extended his hitting streak to 24, and Baines hit his 15th homer.
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Cleveland
Omar Vizquel
Pat Borders
Cleveland Indians
Baltimore Orioles
Orel Hershiser
Scott Kamieniecki
Borders
Alan Mills
Marquis Grissom
Vizquel
Paul Assenmacher
Brady Anderson
Mike Jackson
Alvin Morman
Jose Mesa
Hershiser
Mesa
Orioles
Indians
Baltimore
Roberto Alomar
Alomar
Matt Williams
Grissom
Rafael Palmeiro
Harold Baines
Kamieniecki
David Dellucci
Melvin Rosario
Bowie
Rison TD catch lifts Chiefs past Raiders
In Oakland Elvis Grbac drove the Chiefs for a 28-27 comeback win over the Raiders. Grbac connected a 33-yard TD to Andre Rison with three seconds left after a late drive that included a 21-yard completion to Lake Dawson and a 20-yard pass to Brett Perriman. George threw two late TD passes for Oakland before two INTs sealed it.
MENTIONED IN THIS ARTICLE
Oakland
Calif
Elvis Grbac
Andre Rison
Kansas City Chiefs
Oakland Raiders
Chiefs
Grbac
Lake Dawson
Brett Perriman
Rison
Jeff George
Raiders
Rickey Dudley
George
Darren Anderson
Perriman
Kansas City
Kimble Anders
Pete Stoyanovich
Atlanta
June Jones
Napoleon Kaufman
Cole Ford
Frerotte struggles as Redskins fall 14 13 to Steelers
Gus Frerotte threw three interceptions and missed open targets as Washington failed to reach the end zone in a 14 13 loss to Pittsburgh. He blamed himself after a performance that included two end zone picks and a late drive turnover.
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Ashburn
Gus Frerotte
Washington Redskins
Redskins
Frerotte
Redskin Park
Joe Patton
Pittsburgh
Michael Westbrook
Alvin Harper
Leslie Shepherd
Jamie Asher
Heath Shuler
Three Rivers Stadium
Carolina
Jeff Hostetler
Gus Vs. Hoss
Graham adds speed and excitement in first start
Ravens rookie Jay Graham thrilled fans in his NFL debut against the Bengals. He rushed for 73 yards and a five yard touchdown, sparking Baltimore in the second half while Earnest Byner mentored him. Byner reached 8,086 career rushing yards as the game honored his milestone.
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Baltimore
Baltimore Ravens
Jay Graham
Graham
Cincinnati Bengals
Ravens
Bengals
Cincinnati
Jay
Ted Marchibroda
Earnest Byner
Byner
Bam Mortis
University of Tennessee
Leo Goeas
NFL
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Thom Brown
Rutherford, Brown & Catherwood
Philadelphia
Delta Airlines
Southwest Airlines
American Airlines
AMR
Tokyo
Frankfurt
London
Value City
Wal-Mart
Ayala
Cam Ral
Novi Fia
WY Jones
Exxon
Fcnb Corp
F&m Banco
First United
Kmart
Life Tech
Lockheed
Fis
Lowe
He Marriott
Sty
Jcpenney
Pepsico
Potom el
Sears
Ye Toys R Us
WalMart
Ferris Baker Watts, Inc
XEROX
Rt. 85
Xeox
Technotosis Corporation
Navelig
Highspeed
Hampton Ian Frederick
Maryland
Rt. 15
Enox
Ikon Office Solutions
IKON
Windsor Blvd
Renan Axty
AP Business
Foreign Stock Market Report
Vasual Funds Report
Stock Market Insights
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Rockville
Cail
SIDC
Gus
Mandi Wright
Sparro
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