Japan voices hope for trade accordJapan expressed hope...

BUSINESS DIGEST

September 17, 1994

Japan voices hope for trade accord

Japan expressed hope yesterday that a trade agreement would be reached with Washington before a U.S.-imposed deadline at the end of the month. An agreement is designed to open Japanese markets to American products in order to narrow the two countries' $60 billion trade gap. Washington has threatened Tokyo with sanctions unless an agreement is reached on government procurement by Sept. 30.

IBM holds off on PowerPC

IBM's personal computer division decided yesterday to delay selling machines based on the advanced PowerPC chip until next year because there is no software for them. The delay in IBM's PowerPC machine, while praised by analysts as economically smart, is embarrassing because Apple Computer Inc. has been selling machines based on the chip since March.

Plosila leaves technology panel

Walter Plosila, a leading advocate of high-technology development in Maryland, has resigned as president of the Suburban Maryland Technology Council to become executive director of the North Carolina Alliance for Competitive Technologies. During Mr. Plosila's eight-year tenure in Maryland, membership in the technology council grew from 25 companies in Montgomery County to more than 420 companies in five counties.

Helix Health System hires Eisner

Helix Health System has selected Eisner & Associates to conduct a comprehensive marketing campaign for the hospital alliance and health services company. As part of the $3 million contract, Eisner also will provide advertising and public relations for Helix's three member hospitals, Franklin Square, Union Memorial and Good Samaritan.

Circuit City earnings rise 29%

Consumer electronics and appliance retailer Circuit City Stores Inc. said yesterday that profits in its latest quarter jumped 29 percent from the year-ago period. For its second quarter ended Aug. 31, net earnings totaled $36.1 million, up from $28.0 million.

BGE debt rated A plus by S&P

Standard & Poor's Corp., a debt rating firm, has affirmed the rating of A plus for senior secured debt for the Baltimore Gas and Electric Co. and revised its outlook for the company to stable from negative. S&P said it expects "continued strong financial performance as a result of relatively healthy sales and aggressive cost-cutting."

@

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.