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Baytown Sun in Baytown, Texas

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Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Jul 11, 2002

Page

9

Stocks fall as Dow closes below nine thousand

New York traders endured a third straight day of heavy selling led by downgrades of General Motors and Ford. The Dow fell 282.59 to 8813.50, the Nasdaq slid 35.11 to 1346.01, and the S&P dropped 32.36 to 920.47 as earnings doubt and accounting worries weighed on investors.

New York General Motors Ford Standard & Poor al Mirman V Finance Sarasota Fla S&p Thomas EF. Lydon Jr Global Trends Investments Newport Beach Calif Bane of America Philip Morris Honeywell American Express Merck Medco Dow Wall Street Lydon Cisco Systems Extreme Networks Merrill Lynch New York Stock Exchange Associated Press Craig Rheingruber Standard & Poors Chicago Mercantile Exchange Fy Nyse Annex Naspan East NarGott Rampang Fashamnil OWOSS Friedm Amertch Coeur AdvMrkty CmiyCpBic GaMarit LaBarg Unions Sprauth Deconzen Aart Inc Liner VistaGars RushEnt FrankGay Manp Pia NevadaCh Bio Nec Wid StegCrip InteliCk Urolagix MailWell Tolullé Bennettys Inmet INCO Paxsnc Nylixtric Mirani Piv impuSent Iquidmlt Ny TitanCp GenElee Oracle Phizer jTycalnit BemaGold DeliGptr ACL TW Nabors JOS Umiph yCiligro EchoBay Yahoo Biotech Nextelg Dany Landis Lyondell Ashland MeDrkis WY A Atrel NASA HP PLC Nashtorr Phrunvicia ConAgra Ali BenGotr ATS Dial NY Disney DePont Scherghl NY & ER Dekeegy ‘Ag Setirity ENG Sears EnProa Soltia SouthnLo NY A Goodich Habbs Horvalint Amer ABE WalWatt Ny Soba Ny Walym NY Kroger Porrires Gon Biock Benkovptey FONG Chg eChy Dow Industrials Dow Transpartalion Dow Utilities NYSE Sa MidCap Russell Wilshire Motual Obj Sting Wlaw Locoa P MP Icaa P iv Wsha P ICAIA Fidelity Invest Olympus Twerin Wild IL International Ratu SC Erbottom Mirestan Linger, Inc

Watchdog group sues Cheney and Halliburton over accounting fraud

Judicial Watch, a watchdog group, sues Vice President Dick Cheney and Halliburton Co alleging fraudulent accounting from 1999 to 2001 that overstated revenues by 445 million dollars. The suit names Cheney, Halliburton, Andersen entities, two shareholders, and thirteen board members.

Cheney, Halliburton Dallas Dick Cheney Halliburton Co Judicial Watch Halliburton Cheney Larry Klayman Washington Miami White House Ali Fleischer Doug Foshee Securities and Exchange Commission Foshee SEC Stephen S. Stephens Indiana Lyle Deanna J. Lionbarger New Mexico Andersen Worldwide Arthur Andersen LLP Haliburton Terrence Edward Hatchett Artur Andersen North America

Oil rally lifts US and European markets on strong stocks data

Crude oil prices rose across the Atlantic after U S stocks data showed larger than expected draws in crude and gasoline inventories. August crude closed up 68 cents at 26 77 a barrel with heating oil and gasoline also higher. Natural gas slipped, while Brent crude rose to 25 93 amid tight gasoline markets aiding the rally.

New York Atlantic U.S London North Sea Tion American Petroleum Institute API Department of Energy Nymex DOE Nynex Midwest Gulf Coast New York Harbor Tim Evans IFR Pegasus

Also Mentioned on This Page

Nasdaq N. Alexander Dow Jones Industriall Dow Jones APA Edward Jones Jennifer Marcontell Decker Raytawa Edwardson Stephen Takach Alexander Dr. Baytown es _benBgn SIPC Janean Baytown Goer Ginter Renee Analiuar Gary Texasbrokerage.com Texas Brokerage ‘Asset Management Wes Baker Road Ies.com Icd Roth Unm Feds Deross Rom Sey Barbers Tdi di Se Acme The Baytown Sun
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