Good Signs for Economy Jobless Claims Fall Manufacturing Grows
The Labor Department reports a weekly drop to 342,000 in new unemployment claims for the week ending March 27, the lowest in two weeks, while ISM notes manufacturing activity rose to 62.5 in March. Construction spending slipped 0.1 percent in February due to bad weather, and core wholesale prices rose 0.1 percent. Economists foresee continued slow construction and payroll gains around 123,000 for March.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Department
Institute For Supply Management
Ana
Commerce Department
Whic
ISM
Larry Wachtel
Wachovia Securities
Wachtel
Federal Reserve
Janmary
Stewart seeks new trial after juror hid arrest record
Legal experts say Martha Stewart unlikely to win a new trial over juror Chappell Hartridge who failed to disclose a 1997 arrest on assault and stealing. Even if dishonesty is proven, she must show the juror biased deliberations or unfitness to serve in the previous trial.
MENTIONED IN THIS ARTICLE
New York
Martha Stewart
The
Homemaking Authority
Chappell Hartridge
Stewart
Robert Morvillo
Hartridge
Haritage
Robert Mintz
Penney near sale of Eckerd drugstore chain
Penney Co is close to selling its Eckerd chain for about 4.4 billion in cash to CVS Corp and Jean Coutu Group. CVS would take about 1,200 stores and Coutu about 1,600, with locations concentrated in the Northeast and mid Atlantic and in Florida and Texas. Spokesmen would not comment on progress as negotiations continue.
MENTIONED IN THIS ARTICLE
Dallas
JC. Penney Co
Eckerd
CVS Corp
Canada
Jean
Coutu Group Inc
Wall Street Journal
CVS
Aorida
Texas
Coutu
Mid Atlantic
Timi Lyons
Penney
Associated Press
Todd Andrews
Helen Bisson
Jean Coutu
Montreal
Continental taps CSX officer for board
Continental Airlines named Oscar Munoz as a new board member and audit committee member. Munoz is executive vice president and chief financial officer of CSX in Jacksonville, a veteran of AT&T Coca Cola and USWest, bringing independence and financial leadership to Continental.
MENTIONED IN THIS ARTICLE
Houston
Continental Airlines
Oscar Munoz
Munoz
Jacksonville
Bethune
Continental
Larry Kellner
Wall Street rises on upbeat data ahead of jobs report
Stocks climbed as weekly unemployment claims fell and ISM manufacturing showed momentum in March. Investors awaited Friday's jobs report, hoping for 200000 to 300000 new hires to signal recovery, while inflation and rate paths remained in focus.
MENTIONED IN THIS ARTICLE
U.S
Crude futures slide on gasoline price plunge
In New York, crude futures fell about $1.50 in the final half hour on the NYMEX as gasoline futures weakened. Officials weighed waivers of cleaner burning fuel rules for states like New York and California amid mixed signals on supply and OPEC cuts.
MENTIONED IN THIS ARTICLE
NEW York
New York Mercantile Exchange
U.S. Energy
Spencer Abraham
Bush Administration
Environmental Protection Agency
California
Tony Rosado
James Steel
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CSX
Ing Associated Press
Wall Street
Michael Palazzi
SG Cowen Securities
Standard & Poor
Wwwnyse.com
Marker In Review
Dairy
Dow Jones
Nyse Amex
Naspan
ciInBox Ae
iComferce
Janogen Iano
NhokEq
Iite
NerAct Wi
al RY
iRoweCos
Metinlty
Arecol
Blackrock
TransGlba
AlidHither
Dan
IE Jase
Aeron
Dow Industrial
SP Labs
iEdge
Escalon
NYSE
Nestleq
S&p
Russel
Chase
Aes Lia Wilshi
Loeest
Rasan
iGenFlec
SPDR
Iiuss
Mocell
Race
Pater
iiShdapan
RY Maem
iWheatRa
iCisco
Daia Diam
iSuparGen
Sanirgs Inc
Rosado
Organization of Petroleum Exporting Countries
Jennifer Marcontell
Edward Jones
Stephen V. Takath
N. Alexander
Baytown
Monument Inn
Community Resource
Crcu.org
Nore
Tad
Mylo
Baytown Sun
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