Mortgage rates dip to six month low across nation
Mortgage rates fell for a second straight week led by 30 year loans at 5.64 percent, the lowest in six months, with 15 year loans at 4.95 percent and one year adjustable rates at 3.56 percent, according to Freddie Mac.
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Washington
Freddie Mac
Profits rise at Southwest Airlines
Southwest Airlines posted a 57 percent jump in fourth quarter profits to 66 million dollars for October through December. The Dallas based carrier bucked industry losses but warned of rising costs and softer travel demand. It plans to add planes and expand capacity despite weaker spring bookings.
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Dallas
Southwest Airlines
U.S
Southwest
The
Associated Press
Stocks drift lower as earnings digest rattles markets
Shares eased after a choppy session as investors weighed earnings and economic data. Kodak jumped 13 percent on restructuring moves shifting toward digital photography, while AMR rose 16 percent on strong results and upgrades. Pfizer gained little as profits were pressured by Pharmacia acquisition, though revenue excluding charges beat forecasts. Dow fell 0.44 percent to 10623.18, Nasdaq off 0.4 percent, S&P 500 down 0.3 percent. Unemployment claims fell again and leading indicators rose 0.2 percent in December.
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Eastman Kodak
Yec
American Airlines
AMR Corp
Brian G. Belski
Piper Jaffray & Co
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Standard & Poor
Labor Department
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Kodak
AMR. Corp
AMR
Teetermeg
Pfizer Inc
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Icha Ag
Allstate NY
Ashland
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SeilSouth KY
Friad Edenind
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Redian
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Iname
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NY & Atiasc
Pfizer
Japan
Calpine
iWheang
Oga Ui NY
Wyeth
BemaGold
Ry Wary
Bayzeso
New jobless claims fall for second straight week
The Labor Department reported for the week ending Jan 17 new unemployment insurance claims declined 1 000 to 341 000, the lowest since late December. The four week moving average dropped 2 250 to 344 500, the lowest since Jan 27 2001, signaling potential improvement in the job market.
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Washington
America
Labor Department
Bush
Crude futures rise after mixed U S oil data
Crude oil futures settled about 1 percent higher in New York as a bearish weekly inventory reading gave way to buying on tight U S crude and gasoline stocks. Gasoline futures led gains while traders noted a February futures buy due to a refiners supply need.
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U.S
New York Harbor
Gulf Coast
Ed Sillieré
Energy Merchant Com
Energy Information Administration
EIA
London
International Petroleum Exchange
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