Stocks rise on good economic data
Wall Street closed the week with modest gains as inflation measures showed cooling and industrial output surged. The Dow edged up to 10,640.83 while the S P 500 and Nasdaq rose, with oil and dollar movements reflecting the data. GE and HP moved modestly as restructuring and earnings guided sentiment.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Standard & Poor
Labor Department
Federal Reserve
Commerce Department
Bill Greenveld
vFinance Investments
Fed
Dow
Mercantile Exchange
S&p
Scott Wren
Equity
A.G. Edwards & Sons
General Electric
Hewlett-Packard Co
Wall Street Journal
CNET
News.com
Eeceteaarde
Dow Jones
Nyse Amex
Allstate NY
AEP NY
Kroger
Lynchint
HstAmrnt
Atmel Nasd
Hg Lyondel NY
vaSarNg
BP PLC NY
Recom
HostAmr
Microsoft Nash
GeoGroup
Medifast
Momenta
PAB Bk
EuroTechs
MorgStan NY
Globt
WitaFd
Motorola NY
GrandTown
NortelNet NY
Amreit
DuraAto
OcciPet NY
CenterPat NY
Oracle Nash
Sn Chevrons NY
Penney NY
Ere Lo Cisco Nash
PepsiCo NY
Citigro
Pfizer PerotSys
Soana
ConAgra
ProdtGam NY
SL Ind
EltekLtd
ConocPhils NY
Qualcoms Nasd
Thar
Digitat
CrownHold NY
ReliantEn NY
Smedva
FstAvNetn
Djia Diam Amex
RoylDut NY
Dow Industrials
PathiNet
Amritrasc
Nash
SBC Com NY
Dow Transportation
PrmEgg
Schergp NY
Dow Utilities
DUSA
Schimb
Nyse Composite
Tele
Metallion
SearsHidgs Nash Amnex
Duke Egg NY
SastAir
Russell
SPDR
Wilshire
GenElec
SPE
Microsoft
Fordm NY
SunMicro Nash
Motorola
Siriuss
GenElec NY
TXU Comp NY
Hewlett P
Semihti
Oracle
TreoAut NY
Cee Es
Mutua Funes
Spfnet
Intel
3McO NY
ExxonMb
JDS
Cisco
Smins
Djia Diam
SunMicro
BemaGold
UPS
American Funds
Wsha P
US Steel
Fidelity Invest
Contra
Waign NY
Janus
Olympus LG
Wells
Rydex
Nova Uc
SP S&p
Tech
Deena Ceart
Queston
Lipper
Enron agrees to settle price gouging claims in California
Enron Corp. will pay 47.5 million with potential to reach 1.5 billion to settle claims of price gouging during the 2000 2001 energy crisis in California and Western states. The agreement, announced by California Attorney General Bill Lockyer, includes a 600 million penalty to three states and implies unsecured claims paid at 22 to 25 cents on the dollar.
MENTIONED IN THIS ARTICLE
Enron
Sacramento
Calif
Enron Corp
California
Bill Lockyer
Lockyer
Jennifer Lowney
Governors seek higher Medicaid cost sharing across states
Governors pressed to ease federal rules on cost sharing for Medicaid recipients amid rising program costs. Stories from Minnesota patients illustrate why small co pays can drive hospital visits, while officials warn the move could affect about 53 million enrollees nationwide.
MENTIONED IN THIS ARTICLE
Washington
Kevin Larsen
Minneapolis
Larsen
Minnesota
Des Moines
Iowa
Congress
GOP
Mike Huckabee
Arkansas
National Governors Association
Huckabee
Associated Press
Center On Budget and Policy Priorities
Modest rise in crude oil prices amid Emily concerns
New York oil markets edged higher as Hurricane Emily shifted to a category 3 storm and moved toward the Gulf of Mexico. August crude futures rose to $58.09 a barrel after an intraday high of $58.90, with heating oil and gasoline posting small gains, while natural gas advanced slightly.
MENTIONED IN THIS ARTICLE
Wall Street
S&p
Gulf of Mexico
New York
Emily
Caribbean
Jamaica
New York Mercantile Exchange
Chicago Board of Trade
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