Southwest Airlines picks Gary Kelly as new CEO after Parker retirement
Southwest Airlines discloses a 54 percent drop in profit and announces the retirement of CEO James F Parker after three years in the post. CFO Gary Kelly becomes interim CEO and Laura Wright is named CFO as shares slip to $14.75. Parker cites time for family. Kelleher notes union talks and tentative settlement under way.
MENTIONED IN THIS ARTICLE
Dallas
Southwest Airlines
Wall Street
James F Parker
Gary Kelly
Kelly
Parker
Herb Kelleher
Southwest
Kelleher
U.S
Colleen Barrett
Laura Wright
New York Stock Exchange
Kansas City
Uncertain trading drags stocks on terrorism fears
Investors sent U.S. stocks lower amid terrorism worries and cloudy earnings outlooks despite a smaller rise in wholesale prices. The Dow fell 45.64 to 10163.16 as IBM and Citigroup posted mixed results and Apple and SanDisk led tech gains with upbeat earnings and strong sales.
MENTIONED IN THIS ARTICLE
New York
Richard A. Dickson
Lowry
Dow Jones
Labor Department
Commerce Department
IBM Corp
IBM
Matt Kelman
Kelmcore Strategy Funds
WorldCom
Citigroup
Wall Street
Wachovia
Apple Computer Inc
SanDisk Inc
SanDisk
OPEC raises output ceiling. crude futures fall
OPEC decided to raise its official output ceiling by 500000 barrels a day to 26 million, effective Aug 1, canceling a July 21 meeting. The move, largely symbolic as producers already run above quotas, produced a muted market reaction with August NYMEX futures at 40.77 per barrel and Brent at 38.14.
MENTIONED IN THIS ARTICLE
AMEX
Ben Jones
Roger NY
Lobizal NY
Wore
Lucan Nyme
Ashland
Lyondal
TelLeste
Merck NY
BkofAm
Afcrosoft
BellSouth
Morgstan
Motorola
Boeing NY
Strat
Capine
Trinity
UidCap
Algilec
PepsiCo
Sone
Imation
ConAgra NY
Titan Intl
WinkangEt
Omnivisnas
GonsePhil
RedHat
Varian
CrownHold
Aristotle
Dow Transportation
Hastings
TOA
Disney At Bats
Dow Utilities
Intel
Duke
S&p
S&p NidCap
St of Ware
EnPro
Russell
Exel
Spor Amex
Nara
Wilshire
Lucent
Asd
Feed Ny
Savion Nash
Microsoft
Gentle NY
Gentlec
AgidMet
Gilets
aNnCos
AMD
Buia Biam
Goaditch
Traian A
Pet Bain Init Texinst
Retaatt
Siuss
Hewlatip
Unie Ny
American Bunds A
Incoa P MP
Honnflirt
Ussteel NY
American Furnas A
Wsha P LW
BTC
WheatRa
Intel Resd
Vettas Nash
Delty Invest
Vetontm NY
Fidelity Invest Magen
Janus
Mercury
Thiak
Olympus
SE Ik
ASIF
Nash
WeisFrgo
Rydex
Nova Ig
Rsmars Sock
Revere
OL -Grobel
M-international
Greg Mongans
Socyal Fopan
SP -Sap Ltd
Henar
Olure
Saurdez
Pertonrad
New York
OPEC
Saudi Arabia
Tom Bentz
BNP Paribas Futures
Bentz
New York Mercantile Exchange
London
International Petroleum Exchange
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By Michael J. Martinez
The
Associated Press
Richard A Dickson
Crawsley’s Seafood
TriCity Beach Road
Alam
Spmn
Sat
Sun
Clearlake Rd
Highlands
Conventional & V.A
Garth Rd
Ste D-400
Bay
America
Dally
Han
Atta
Daily Law
Stephen V. Takach
Alexander
Baytown
Edwardjones.com
SIPC
Edward Jones
Lois P
Jennifer _Marcontell
Rotlingbrewski
Ste. Baytown
SIPG
Maiq
Uae
Aia
Community Resource
Crcu.org
Rae Ub Ive Weyers
Aladrigont
Boo Tirinit
Kinawood
Kingwood
Yexay
Baytown Sun
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