Stocks End Mixed After Profit Taking And Fed Signals
Investors booked profits for a second straight day as Greenspan signaled a mixed economic outlook. The Dow fell 34.38 to 9094.59, Nasdaq down 5.24, and S&P 500 down 6.33 while CPI rose 0.2 percent in June. Major movers included EMC Oakley OCharleys Citigroup Knight Ridder Intel and broader earnings data.
MENTIONED IN THIS ARTICLE
Richard A. Dickson
Lowrys Research Reports
Palm Beach
Fla
Standard & Poor
Greenspan
Fed
Senate Banking, Housing and Urban Affairs Committee
Brian Belski
US Bancorp
Piper Jaffray
Dow
S&p
EMC
Oakley
O'charley’s
Citigroup
Sanford I. Weill
Appeals panel weighs Enron case to mold first trial
In Brenham Texas a small shareholders suit against Andersen and three ex Enron executives plus five ex Andersen auditors may delay its November 2003 trial if the appeals court requires adding banks and brokerages as defendants. Plaintiffs argue the nine named defendants avoid complicating the case while Andersen seeks broader inclusion. The matter centers on Enrons collapse and Andersen accounting role with the judge previously delaying the trial to gather expert testimony.
MENTIONED IN THIS ARTICLE
Houston
Enron Corp
Arthur Andersen LLP
Texas
Andersen
Texas 14Th Court of Appeals
Terry Flenniken
Washington County
Enon
Rusty Hardin
Chicago
Enron
Attornnney G. Sean Jez
Brenham
Fienniken
Tial
El Paso appoints Halliburton executive as CEO
Douglas L. Foshee, 43, resigns from Halliburton to lead El Paso Corp as chief executive officer beginning Sept 2, replacing interim CEO Ronald Kuehn Jr who remains chairman. El Paso stock falls 2.1 percent to $8.04 as Halliburton shares dip 4.6 percent to $21.50 after the announcement. Fort Worth AMR narrows Q2 loss to $75 million aided by federal aid, plans to cut operations at St. Louis hub amid improved but cautious results.
MENTIONED IN THIS ARTICLE
Nema
Amex
Micmsotts Nasda
MomStan
ATES
The
Motomla NY
OcaPet
Oracle Nesd
Pennay
Cen Pott
Oualcom
Relanis NY
FoyDut NY
Schetup
Valleyy
Veriizs
VerzonGm
Wallan
Hawin Pest
Rey Ste Eyston
Houston
el Paso Corp
Kuehn
el Paso
New York Stock Exchange
Fort Worth
American Airlines
Cariel
St. Louis
AMR
Crude futures slide on weak weekly inventory data
New York Nymex crude futures declined as DOE figures showed a 3.6 million barrel drop in crude stocks to 278.6 million, while gasoline rose 3.9 million barrels and distillates climbed 5.5 million. August Nymex crude traded near 31 dollars, with Brent at about 28.7 dollars. analysts warned of a slow grind lower.
MENTIONED IN THIS ARTICLE
NEW York
New York Mercantile Exchange
Department of Energy
Nymex
Tom Bentz
BNP Paribas
Mike Fitzpatrick
Fimat USA Inc
Lion
DOE
Energy Information Administration
London
International Petroleum
Brent
Ed Lilliere
Energy Merchant Corp
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Russell
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Shland
Bae A
AliansBep
AR Ag
Fridtch
jHansen
Boeing Nif
Providiar
BaniPh
CmityCpBc
Bunsf NY
Sears
Metalsusn
Equinix
MatrisCos
Tsar Fico
NIC Inc
Carp
Chevilex
Cisco
Raytech Marndries
HicPhr
Seccay
Disney NY
DuPont
Wore
EMG Cp
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NASA
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Goodrich
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Nova le
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Foshee
Halliburton
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View
de Ag
Jennifer Marcontell
Decker Baytown
Edward Jones
Lors
Merber
Ccoe
Texas Bre Brokerage
W. Baker Road
Texas Brokerage Com
Stephen V. Takach
Alexander
Baytown
Baytown Sun
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