Business
Business in brief | Lockheed Martin board authorizes dividend
BETHESDA, Md. – Lockheed Martin Corp. on Thursday announced that its board of directors has authorized a first quarter 2010 dividend of $0.63 per share. The dividend is payable March 26 to holders of record as of the close of business on March 1.
Headquartered in Bethesda, Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2009 sales of $45.2 billion.
Lockheed Martin has an operation in Richland Township.
Social media networking session planned
The Young Professionals of the Alleghenies will present a Lunch N’ Learn social media networking session from 11:30 a.m. to 1 p.m. Feb. 12 at Pitt-Johnstown’s Living Learning Center.
Businesses may send their in-house computer technicians to learn about how they can use social media sites to enhance sales and business growth.
Chuck Salem and Michelle Stumpf will be the keynote presenters.
The session includes lunch and costs $15 for registered YPA members and $20 for nonmembers.
To register, email dobbins@somersettrust.com.
YPA is a nonprofit organization dedicated to enhancing the quality of life of young professionals in Johnstown and the surrounding areas through social, business networking and community service activities.
For more information about YPA, go to www.youngpa.org.
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Critz seeks attendance at ARMTech showcase
U.S. Rep. Mark Critz, D-Johnstown, is urging western Pennsylvania businesses to participate in the 12th annual ARMTech Showcase of Industry and Technology that will be held Aug. 18-20 in Kittanning, Armstrong County.
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Unemployment rate declines in Somerset
The seasonally adjusted unemployment rate in Somerset County fell by 0.3 of a percentage point in June to 9.9 percent, while the Cambria County rate held steady at 10.2 percent.
- Real estate transactions 07/26/2010
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Fun with ‘implied’ warranties
Summer is the season when people buy stuff. Stuff such as lawn mowers, tools for the yard work, air conditioning equipment, automobile – whatever.
With most of these purchases, you are going to get a written warranty. -
Business people 07/25/2010
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Do your homework for franchise success
Franchise ownership isn’t an easy shortcut to success.
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Challenge to improvise, adapt and overcome
Improvise, adapt and overcome: These are the words of the Marine Corps. We are taught to always review the situation, improvise your equipment, people and tactics as needed, adapt to your surroundings and overcome all obstacles in order to accomplish the mission.
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Firm buys land for gas development
Radnor-based Penn Virginia Corp. has acquired about 10,000 acres for Marcellus Shale gas development, primarily in Potter, Somerset and Tioga counties.
- Business briefs 07/24/2010
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Ford posts another quarterly profit as sales climb
Ford Motor Co. posted a strong second-quarter profit Friday but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers.
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Critz seeks attendance at ARMTech showcase
