Special full-day presentations detailing all business operations of Commonwealth Telephone Enterprises, Inc. (CTE) have been given to CTE's management employees by the communications company’s execu- tive staff. : The new briefing program, which will be repeated regularly and is designed to provide each employee with a full awareness of CTE's strategic objectives and ongoing business activities, is headed by chair- man of the board Andrew J. Sordoni III and chief operating officer William L. Moyer. Organized by the Human Resources Department, the presentations gave specific information for CTE’s three operating groups, telephone, communications and cable television, including finance and planning, human resources, technology, marketing and busi- ness development, sales operations, data processing and supply and inventory. Each segment was presented by the corporate executive responsible for that area. The program was videotaped in progress by CTE's Cable Television Group for incorporation in editedform as part of the company's orientation p r 0 c e d u r e for new employees. Commonwealth Telephone Enterprises, which has grown from a local telephone company founded in Dallas in 1897 to a major northeastern Pennsylvania corporation with 1983 revenues and sales of $97.9 million, is a provider of diversified telephone, cable television and communications products and services through its three operating groups. Northeastern Bancorp, Inc. (OTC) reported second quarter net income of $2,949,000 before the preferred stock dividend requirement, up 32.9 percent over the $2,219,000 earned during the same period last year, according to David L. Tressler, president and chief executive offi- cer. Northeastern Bancorp's principal subsidiary is Northeastern Bank of Pennsylvania, which has a branch Eastern Corp. of 1983. in Dallas. Net income applicable to common stock was $2,729,000, up 23.0 percent from $2,219,000 in the second quarter of last year. Net income per common share and common share equivalents was $.85 on a primary basis and $.83 on a fully-diluted basis, compared to $.88 on both a primary and fully-diluted basis for the second three months of last year. Tressler explained that the decrease in the per common share net income is due to the dividend requirement on preferred shares issued and an increase in the number of common shares outstand- ing from the acquisition of Cement National Bank last August. For the first six months of this year, the Bancorp's net income was $5,571,000 before the preferred stock dividend requirement. right for you. account. the easy way I 7 i Samuel Soltis Markdata Expands Markdata Inc. has announced the official opening of a new office complex in Washington, D.C. The facilities are located in the Heritage Foundation Building, two blocks from the U.S. Capitol. Markdata President Tom Joseph said the addition of Washington offices represents a new era for the company and is expected to create 150 new jobs at Markdata’s Pittston headquarters. Joseph added that Markdata’s presence in the nation’s capitol will enable it to increase its share of the rapidly growing direct marketing business involving political contri- butions, candiates and public inter- est organizations. Several prominent clients are already being served by Markdata. Dallas Post / Ed Campbell } Pictured, from ‘left, “in ‘the top (Bottom) Rose Mary Harrison, on the table, is shown being Soltis Gains Post At W-B Hospital Samuel Soltis of Shavertown was recently appointed administrative fellow at Wilkes-Barre General Hospital. In this capacity, his primary responsibility will be preparing, analyzing and monitoring the hospital's Nursing Services budget. He will also be responsible for developing an operational information system involving patient classification and personnel staffing. A 1982 graduate of Oral Roberts University, Tulsa, Oklahoma, Soltis served his administrative residency at Wilkes-Barre General Hospital and recently received his master's degree in health administration from the Ohio State University. While attending OSU, he was an active student member of the American College of Hospital Administrators (ACHA), the Health-care Financial Management Association (HFMA) and the Central Ohio Health Administrators Association. JANNEY MONTGOMERY SCOTT INC. INVESTMENT SECURITIES HIGH YIELDING CD'S CERTIFICATES OF DEPOSIT CD’s have FDIC or FSLIC insurance up to $100,000 per client Maturities are available from 6 months to 10 years MATURITIES YIELDS * 6 MONTHS 11.50% ; 1 YEAR 12.60 2 YEAR 12.85 5 YEAR 14.00 “Yields are subject to change and availability cae JOHN L, AUGUSTINE, JR. VICE PRESIDENT AT 823-0152 MAKING YOUR HOME MORE ENJOYABLE : Read, Relax, Dine or Entertain in comfort and style. * Patios * Screen & Glass Enclosures * Solariums * Wood Decks * Awnings * Carports * Sun Shades % Complete Carpentry Service FREE ESTIMATES 288-7447 MON.-FRL 9 A.M.-5:30 P.M. A SAT. 9 AM.-1 P.M. { 265 CHARLES ST., LUZERNE
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