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Baytown Sun in Baytown, Texas

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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 21, 2002

Page

5

Bargain buying lifts market as Dow climbs near 200

Bargain hunting boosts Wall Street after a two day selloff with the Dow up about 200 points. Nasdaq and S P 500 rise amid cautious tech trading and fresh scrutiny of Computer Associates amid accounting concerns. Analysts cite short covering and bargain hunters as key drivers while Enron fallout keeps investor sentiment fragile.

New York Computer Associates Gow Standard & Poor Enron Alan Ackerman Fahnestock & Co Larry Wachtel Prudential Securities Wall Street

Inflation nudges higher as January costs rise

Consumer prices rose 0.2 percent in January led by gasoline and medical care, while clothing, cars, lodging, and computers posted declines. Excluding food and energy, core inflation also gained 0.2 percent, with economists expecting steady prices as the economy inches toward recovery.

Washington Labor Department Energy and Food

Poll finds HP workers oppose Compaq deal

An independent Field Research Corp poll financed by David Packard shows 63 percent of current HP workers in Oregon oppose HP's 21 billion acquisition of Compaq. Among retirees, 59 percent oppose. The survey covered 671 respondents around Corvallis with margins of error about five to six points.

San Francisco Hewlett. Packard Co David Packard Oregon Compaq Computer Corp Field Research Corp Field Corvallis Ore Carly Fiorina David W. Packard

Copyright office proposes Internet music royalty rates

A Copyright Office panel proposed that Internet music broadcasters pay royalties per listener. Rates run from seven tenths of a penny to one fourteen of a penny per song, with fees going to the record companies. Public comment will follow before final approval by lawyers and the Librarian of Congress.

Copyright Office Washington U.S. Copyright Office Alanis Morissette Eric E. van Loon Librarian of Congress David Carson

Crude futures slide as market eyes Russia talks

Oil futures on the New York Mercantile Exchange closed lower ahead of possible Russian export policy shifts and an expected OPEC meeting in March. Analysts noted a trading range amid signals from Moscow, with gasoline and heating oil finishing weaker while crude edged down to 20.29 a barrel and natural gas fell. U.S. inventories showed declines in crude and distillates, though gasoline rose slightly. Soybean futures also climbed on talk crushers may slow the crush pace.

Newsday The New York Times IBM Wall Street New York Stock Exchange Japan Europe France Britain Germany New York New York Mercantile Exchange Russia Try Organization of Petroleum Exporting Countries Bill O'Grady AG Edwards St. Louis American Petroleum Institute U.S Frontmonth Brent International Petroleum Exchange Lion Chicago Board of Trade

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