Stocks advance and retreat on strong productivity news
Nasdaq neared 2000 as investors welcomed a 2.94 percent productivity surge in Q3 and a Dow near 10,000, but profits faded and the market closed mixed. Analysts cited optimism tempered by caution amid uneven data, with the S&P 500 slipping to 1064.73.
MENTIONED IN THIS ARTICLE
New York
Richard J. Nash
Victory Capital Management
Dow
For Supply Management
Dow Jones
Russ Koesterich
U.S
State Street Corp
Boston
S&p
Koesiench
Associated Press
Robert Delaney
New York Stock Exchange
Texas insurers face 10 percent cap on rate changes due to credit
Texas Department of Insurance proposes limiting rate variation to 10 percent based on credit scores, with approval needed to expand the cap if rates rise. The rule aims to curb sharp increases amid consumer outcry over insurer pricing. In Houston, a bid by a cardiologist-led group for Enron’s 50 story HQ exceeds 50 million dollars with final approval by a New York judge.
MENTIONED IN THIS ARTICLE
Austin
Texas Department of Insurance
TDI
Jim Hurley
Antonio Pacifico
Houston
Enron
Weir Geishal & Manges
New York
Richard
Stewart & Stevenson Slumps to Loss in Latest Quarter
Stewart & Stevenson Services Inc of Houston reported a fiscal third quarter loss of 45.4 million dollars, or 54 cents a share, on revenue of 290 million. Exiting engineering procurement and construction activities drove 8.3 million dollars in charges, or 29 cents per share. Last year the firm earned 33.8 million dollars, or 13 cents a share, on 297 million in revenue.
MENTIONED IN THIS ARTICLE
Houston
Stewart & Stevenson Services Inc
Garned
Associated Press
Crude futures rise on strong demand amid mixed inventory data
New York futures settle up 0.32 at 31.10 a barrel as demand for petroleum products offsets bearish inventory signals. Brent in London adds 0.20 to 29.14, while the EIA reports a 4.2 million barrel crude stock rise and substantial product builds, yet overall demand remains robust with November oil use near record levels.
MENTIONED IN THIS ARTICLE
Nyse Amex
Mons
Nantes
iGoodyear
Matias
Nanogen
iScors
Dana
GhinaRes
Yistson
SumSec Pt
Physmin Bas
SvceCead
WstnUld Pf
Cress
Onvia.com
LaBmeh
Yanzhou
HsiAmr
Irenabgg
ChetUnv
Se CareerEds
CapilSrn
Peeeea N Excsia
al Adecd
Aeroson c
Biuefly
iNovaStars
Friedmans
Finisar
Trexa
Synavis
Wescol
jCelesticg
Aclyn
CniVus
Paxsac
Baidwag pamerCom
St Oa Mae
Mose
Oracle
Wall
uShiesan
BemaGald
JOS Unigh
Disud
iNenogen
ATT Nils
GoldStrg
NEW York
New York Mercantile Exchange
U.S
Nymex
London
International Petroleum
Brent
Department of Energy
Energy Information
Kylie Cooper
Citigroup
Phi Flynn
Alaron Ti Corp
Chicago
EIA
May
Also Mentioned on This Page
Sais
Labor Department
Department
Institute
NYS
NYSE
Baytown Ford
Stuart Bailey
Cynthia Rodriguez
Computes
Patrick Terry
Smortquarters
Enron Corp
Stewart & Stevenson Services
Aah
Tee
Gerkise
Ainge
Waters
Indy Gu
Heturnimank
Sen Am
Thayne Willams
Prosprit Bank
Meat Bech Wu
FDIC
Maura
Michank
Dudranier
Meh
Kisp Vale
Stephen V
Takach
Aenander
Baytown
Edward Jones
Kolingnock
Sueco
Edward Jones J
Texas Brokerage Asset Management
Baker Road
Texasbrokerage.com
Community Resource
Er Visihour
Ercu.org
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