Southwest Bank of Texas names new president
Southwest Bancorporation of Texas announces Scott J. McLean elected president of Southwest Bank of Texas and its parent company. Dividend of 5 cents per share will be paid Sept 15 to record holders as of Sept 1. McLean to oversee commercial, retail, private banking, capital markets and corporate communications.
MENTIONED IN THIS ARTICLE
Southwest Bancorporation of Texas
Scott J. McLean
Southwest Bank of Texas
Paul B. Murphy
Scott McLean
Texas
McLean
Murphy
Texas Commerce Bank
Houston
Baytown
Stocks Rise on Upbeat Reports Amid Earnings Hopes
U.S. stocks mainly advanced after stronger retail sales and productivity data. The Dow gained 64.71 to 9126.45 while the Nasdaq slipped 0.50 to 1652.18 and the S&P 500 rose 7.04 to 74.12. Labor data showed productivity up 5.7 percent, jobless claims eased to 390,000 for the week. Retail names led gains with Wal-Mart, Best Buy, and Gap posting advances amid solid July sales. Overseas markets mixed as Nikkei slid, CAC-40 rose slightly, FTSE 100 advanced, and DAX fell.
MENTIONED IN THIS ARTICLE
New York
Scott Wren
A.G. Edwards & Sons
Standard & Poor
Tion
Michael Sheldon
Spencer Clarke LLC
Wall Street
Wal-Mart
Best Buy
Gap
Americredit
Intel
Internal Revenue Service
New York Stock Exchange
Japan
Europe
France
Britain
Germany
Soran
Kroger
Garens
al ‘Lubrizet Landiys
Ashland RY
Cheniare
TargGene
BelScutk Ny
Bardot
Microsoft Nas
Advi
Biador NY
HorgStan NY
Telemed
Motorola Ny
Gregott
PG Inc
OkePet
Taste Pnt NY
NY Penney
CheviTex Ao
Szomonz
Nash A
PamiSys NY
Seth
Phzer
Ong Tech
Padatmel
Agstom
Haliax
Contyra Ny
GrownHold
Lanner
SchemPtuy
Carioth
NarTais
AB Ea
Sears
Foa Inc
ICNA
AugHsia
Disney NY
Silves
Loggian
Sr NY
DuPont
SanNiera
Nasd
Jamuss
Aa AG
Tucokett A
Ortel Nw
Unley
Hewlett
Dury
Boes
Jesus
Tata
Speier
Productivity climbs as jobless claims fall and retailers rebound
U S productivity rose 5.7 percent in Q2, the strongest since 2002, while unemployment claims dropped to 390,000 for the week ending Aug. 2. Retailers including Wal Mart and J C Penney beat expectations in July as warm weather boosted sales. Stocks edged higher and economists foresee Fed holds at 1 percent with growth 3.5 to 4 percent later in the year.
MENTIONED IN THIS ARTICLE
Labor Department
Washington
America
Wal-Mart Stores Inc
J.C. Penney Co. Inc
Kohl's Corp
Gap Inc
Wall Street
Federal Reserve
Greenspan
Oil prices jump past $32 as natural gas rally strengthens
New York oil futures soared to $32.39 a barrel on Thursday after the Energy Information Administration reported a natural gas storage injection of 74 billion cubic feet, while gasoline stocks fell to 201.8 million barrels. Analysts noted gas strength as a key driver, with heating oil and front-month crude buoyed by the rally.
MENTIONED IN THIS ARTICLE
NEW York
U.S
Iraq
New York Mercantile Exchange
Energy Information Administron
Department of Energy
Michael Cambria
Master Trading Inc
EIA
Tony Rosado
Ed Lilliere
Silliere
Nymex Energy
Jom Bentz
BNP Paribas
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