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Baytown Sun in Baytown, Texas

19 Feb 2004

Page 5

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Feb 19, 2004

Page

5

Stocks slip as housing data weighs on Wall Street

Mixed market moves follow a sharp drop in housing starts and a stronger dollar. Construction output fell 7.3 percent last month, the biggest decline in a year, while January output rose 4.1 percent year on year. Dow fell 42.89 to 10,671.95. S&P 500 down 5.17 to 1,151.82. Nasdaq off 3.88 to 2,076.47 amid tech gains and AT&T/Cingular deal focus. Corporate moves include Rambus rising after antitrust dismissal and Disney consolidating Muppets rights after a bid rejection.

MENTIONED IN THIS ARTICLE

New York U.S Michael Sheldon Spencer Clarke LLC Standard & Poor Bill Greenveld Wader vFinance Rambus Inc Rambus Wireless At&t Wireless Services Inc Cingular Wireless Nextel Communications At&t Wireless Walt Disney Co Comcast Corp Disney Jim Henson Co Metro-Goldwyn-Mayer Inc Jack In the Box Inc Wall Street LaBranche & Co van der Moelen Holdings NV ATT Wits Udba Aarays Tubrizol Luce NY Flan Coakgatn JeOxod BP PLC Wy Lyon Ny Banyrgh Ik of AM Ag KcDinids Owarsill Hearusa CriPathis Dania EnvirTec MorgStan Analex TOR Bansf Motors Ny Nortel TitanMin CociPet BrookeCon Chevilex NY Oras Nash Panngy NY Perattys el Pasoin Ategg jAaClain Sea Crownland NY Gat Quelna Nash Adabs Continuere Fredmind PD Inc Amex PofiantAs NY TE Remax S85 Zoomtech Delline AMCON Miladon HatBioPha PacWfest DuPont Ny Saas DukeEgg Souiato Nash Dobson Genelec Intel SBC Com Oracle Goodricht Typanntl BT GenElec Suabliers Unite NY Hewleti NY AZ Apidhtad Veritas Nas Bae Titan Ofanoraa Fl Gans Gabers Ea de Tuey Hg Aesobiind Press Seles
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Residential construction activity slows in January

January housing starts declined 7.9 percent to a seasonally adjusted annual rate of 1.90 million units, the Commerce Department reported. Despite the drop from December’s 2.07 million pace, the level remained brisk and 4.1 percent higher than a year earlier, with the South and West regions also showing decreases from December.

MENTIONED IN THIS ARTICLE

Washington Commerce Department
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Baytown Sun Publisher Donates to Lee College SBDC Banquet

Wanda Cash donor and Diamond sponsor for the Lee College Small Business Development Center Monument Awards Banquet on March 4 at Goose Creek Country Club. Evonne Donnelly accepts the check. event honors small businesses in Highlands, Crosby, Baytown, Dayton, Liberty, Anahuac, Hankamer, Winnie and nearby areas. Tickets on sale. call 281 425 6309.

MENTIONED IN THIS ARTICLE

Axright Wanda Cash Baytown Sun Lee College Small Business Development Center Goose Creek Country Club Evonne Donnelly SBDC Highlands Crosby Baytown Dayton Liberty Anahuac Hankomer Winnie Call
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Treasury to halt new HH savings bonds issuance

The Treasury Dept will stop issuing new HH savings bonds after August 31 due to high exchange costs and low demand. Existing HH bonds continue to accrue interest until maturity. about 13.3 billion dollars of HH bonds remain outstanding and roughly 600,000 holders remain.

MENTIONED IN THIS ARTICLE

Treasury Dept Washington Treasury Department Stephen Meyerhardtt Department Bureau of Public Debt Treasury
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Crude Gains On OPEC Comments In River Rally

Crude oil futures settled modestly higher as gains in gasoline futures supported a rally. Venezuelan Oil Minister Rafael Ramirez suggested OPEC may cut production again if prices fall, reinforcing buying. March light crude settled at 35.45 a barrel, while Brent settled at 30.99.

MENTIONED IN THIS ARTICLE

New York Venezuela Rafael Ramirez Organization of Petroleum Exporting Countries OPEC Techncal New York Mercantile Exchange London International Petroleum Exchange Apni Brent
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Also Mentioned on This Page

New York Stock Exchange Securities and Exchange Commission NYSE Japan Europe Britain France Germany Monument Awards By Jeannine Aversa Uo Mant Dow Jones Dow Industrials Dow Transportation Dow Utilities Bussell Wilshire Sobore Objee American Funds IncoAp MP Amentan Funds Icaad le Amaican Rams Wsha Rydex Nava Tc Greta Trwt Mercer Lipper Ine Sip Bowen Aire Phil Flynn Alaron Trading Corp Chicago Eee Ryan Texas Capital Management Baker Road Tkem.com Blea Ag Bei Uefa Lara Jennifer Marcontell Rollingbrook Sie Edward Jones Individuel Lavestorr Stephen V. Takach N. Alexander Wwardio Ercu.org Bator
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