BUSINESS
By BLOOMBERG NEWS | January 19, 2007
NEW YORK -- A federal judge in Wisconsin ordered Chevy Chase Bank to rescind loans made to some borrowers who took out so-called option adjustable-rate mortgages, The Wall Street Journal reported yesterday. The ruling was in a case against the Maryland-based bank brought by Susan and Bryan Andrews, who took out an option ARM in the belief that a 1.95 percent introductory rate was fixed for five years. Two months later, they received a statement showing the rate had risen to 4.375 percent, the newspaper said.
BUSINESS
By Humberto Cruz | February 4, 2007
It's not too late to make New Year's resolutions that stick. By now, I expect that millions of Americans will have broken their New Year's resolutions, including the ever-popular but vague "saving more money" and "getting my finances in order." So why not start fresh and make new and specific resolutions you actually keep? Here are some ideas: Dig up your most recent checking account statement and see how much you forked over to the bank on monthly service charges, automated teller machine fees and any other charges, such as for insufficient funds (that is, bouncing checks)
SPORTS
August 13, 2007
Good morning -- Tiger Woods -- Never let them see you sweat? That wasn't an option yesterday.
NEWS
By Frank D. Roylance | October 25, 1999
When a 300-pound black bear breaks into your mountain cabin, eats your cookies and raids your refrigerator, you have several options.You could call state wildlife authorities and ask them to please come pick up the errant bear and carry him away to the real wilderness. Or, you could demand that they blast the burglarious bruin into the next life.But increasingly, wildlife managers and police officials are trying a third option -- turning the bear's visit into such a waking nightmare that it will forever after link people with fear, not food.
BUSINESS
March 8, 1999
Below are insider transactions of 1,000 shares or more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.Medimmune Inc.Bogdan Dziurzynski, vice president, exercised an option for 157,880 shares of common at between $7.38 and $32.19 each Jan. 29 and sold 40,400 shares for between $49.37 and $50.76 each Jan. 29.David P. Wright, divisional officer, exercised an option for 13,500 shares of common at $6.25 each Jan. 29 and sold them for $49.76 each Jan. 29. He no longer holds shares in the company.
BUSINESS
September 20, 1999
Below are insider transactions for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.AlliedSignal Inc.Larry E. Kittelberger, vice president, exercised an option for 49,000 shares of common at between $35.79 and $36.47 each Aug. 13 and sold them for $63.28 each Aug. 13. He now directly and indirectly holds 364 common.CSX Corp.Paul R. Goodwin,vice president, exercised an option for 13,428 shares at $19.91 each from Aug. 4 to Aug. 9 and sold 21,577 shares for $48.51 each from Aug. 4 to Aug. 9.Guilford Pharm.
BUSINESS
February 22, 1999
Below are insider transactions of 1,000 shares or more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.Bell Atlantic Corp.Lawrence T. Babbio, president, exercised an option for 68,245 shares of common at between $25.03 and $27.84 each Jan. 20. To cover expenses of the transaction, Babbio turned in 32,459 of them for $57.25 each Jan. 20 and sold 9,742 shares in the open market for $57.25 each Jan. 20. He now directly and indirectly holds 111,002 common.
BUSINESS
October 4, 1999
Below are insider transactions of 1,000 shares or more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.Becton, Dickinson & Co.Richard O. Brajer,divisional officer, purchased 2,613 shares of common stock at between $26.69 and $26.81 each Aug. 4 and now directly and indirectly holds 5,793 common.Gary Cohen,officer, exercised an option for 4,988 shares of common at $20.03 each Aug. 27 and now directly and indirectly holds 27,407 common.
BUSINESS
By Insider Trading is written by CDA/Investnet of Rockville. | April 5, 1999
Below are insider transactions of 1,000 shares or more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.Becton, Dickinson & Co.Henry P. Becton, director, indirectly acquired, by gift, 1,500 shares of common at an unreported price Jan. 26 and now directly and indirectly holds 335,787 shares of common.General Motors Corp.David J. Herman, vice president, exercised an option for 2,074 shares of common at $48.16 each Feb. 22. To cover expenses of the transaction, Herman turned in 1,152 of them for $86.63 each Feb. 22 and sold 2,762 shares in the open market for $87 each Feb. 22 and now directly or indirectly holds 6,795 common and 1,471 Class H common.
BUSINESS
April 12, 1999
Below are insider transactions of 1,000 shares or more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.Host Marriott Corp.Terence C. Golden,president, purchased 94,771 shares of common stock at $10.73 each March 24 and now directly holds 1,333,970 common.Procter & Gamble Co.Jorge P. Montoya,divisional officer, exercised an option for 4,000 shares of common at $28.41 each Feb. 9 and Feb. 10, and sold them for between $87 and $88 each Feb. 9 and Feb. 10. Montoya now directly and indirectly holds 141,248 common.