Boeing, Airbus study bigger planeThe Boeing Co. and the...


January 28, 1993

Boeing, Airbus study bigger plane

The Boeing Co. and the four leading European aerospace companies took the first step yesterday toward jointly building a superjumbo airliner capable of carrying up to 800 passengers.

The five companies agreed after several months of negotiation that the European companies -- partners in the Airbus Industrie consortium, the world's No. 2 aircraft producer -- will conduct a one-year study with Boeing, the industry leader, of the demand among airlines for such a plane.

Marriott court conference delayed

Marriott Corp. said a scheduling conference set for today in U.S. District Court in Baltimore had been delayed for about two weeks to enable the company to continue talks with disgruntled bondholders. The lawsuits accuse Marriott of securities fraud for failing to disclose its plan to split into two companies when it issued notes last spring.

Primerica declares 3-for-2 split

Primerica Corp. declared a 3-for-2 split in its common stock in the form of a 50 percent stock dividend, payable on Feb. 26 to shareholders of record on Feb. 8. The company also voted to raise its quarterly dividend on its common stock to 16 cents per share, after the split. The new quarterly dividend is also payable Feb. 26 to shareholders of record on Feb. 8.

Carrollton Bancorp profit up 64%

Baltimore-based Carrollton Bancorp, parent of the Carrollton Bank, reported a 1992 profit of $2.1 million, or $2.84 a share, representing a 64 percent increase compared with earnings of $1.3 million, or $1.73 a share in 1991. The company, which had $200.2 million in assets and seven branches as of Dec. 31, attributed the improved performance on the "sharply lower" cost of money because of lower interest rates, and an increase in fee-based income.

Fishman rejoins Weinberg firm

Baltimore law firm Weinberg & Green announced that Burton J. Fishman has returned to the firm from his job with the U.S. Department of Labor, where he was deputy solicitor for national operations since last spring. Mr. Fishman, a graduate of Cambridge and Princeton universities and the Yale Law School, serves as counsel to Weinberg in the firm's labor and employment practice.

MicroCarb raises $8.3 million

MicroCarb Inc., a Gaithersburg biotechnology company, raised $8.3 million in an initial public offering and an additional sale, which ended yesterday. On Dec. 17, the company sold 1.2 million units -- one share of common stock at $6 a share and a warrant to buy an additional share at $7.50. An additional 180,000 units were sold yesterday.

Baltimore Sun Articles
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.