Stocks drop as CPI steadies hopes for profits
Investors shift focus from inflation to earnings, sending technology and small cap shares down and marking a third straight weekly loss for the Dow S&P 500 and Nasdaq. Oil prices rise after an Iraqi pipeline attack while CPI readings ease, easing rate fears but raising profit concerns.
MENTIONED IN THIS ARTICLE
New York
Labor Department
Daniel Portanova
Gartmore Separate Accounts LLC
Dow Jones
Standard & Poor's
Federal Reserve
Crude futures rally then retreat on OPEC output news
Crude futures in New York rose to $41.80 before retreating as gasoline futures fell and OPEC output rose in July. Brent settled at $38 after peaking near $38.50. Analysts attributed the initial rally to short covering but said OPEC’s higher production, especially Saudi Arabia, pressured prices.
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Dow Jones
Kroger
Landy
Lyondal
Msiewri
SmidMicra
Nalhal
Faroich
Buinsf
Gsesy
Rizette
TelLeste
KX Inc
OrdPettt
RetailVent
Waveebkes
Eed
ChevinTex NY
Cito
Parthysa i A
Six Flags
Riviera
ConAgra
Vermont
ScheraPl NY
BostScis
Weshlein
Schite
Pfizer
Motorola
GenElec
Goodrich
Lucent
Fite
Nokein If
Ouswht
Phahtr
Intel Nast A
Vestas
VerzooCor NY
Airitee Tr
WalMart NY
WelkFrga_ NY
Tura
Oisea
NEW York
OPEC
New York Mercantile Exchange
London
International Petroleum Exchange
John Kilduff
Fimat USA Inc
Tracker Petrologistics
Reuters
Saudi Arabia
NAFTA officials back generic AIDS drugs
U S and Canadian trade chiefs in San Antonio agree NAFTA will not block exports of generic medicines to fight HIV AIDS and other diseases. Canada recently allowed export of generics to poor nations. Officials urged Mexico to join the generic medicines pact aligned with WTO moves.
MENTIONED IN THIS ARTICLE
San Antonio
United States
Canada
U.S
Robert Zoellick
Zoellick
NAFTA
James Peterson
Fernando Canales
Mexico
Nafta Free Trade Commission
Peterson
World Trade Organization
San Antonio Express
Michael Short
St. Anthony
Fernando, Canales Clamond
Dell transfers CEO post to Rollins at Dell
Dell founder Michael Dell formally hands over chief executive duties to president Kevin Rollins as Dell raises its earnings guidance for the second quarter. Dell noted Rollins has led the company with him for seven years and praised his past and future contributions.
MENTIONED IN THIS ARTICLE
Austin
Dell Inc
Michael Dell
Kevin Rollins
Dell
University of Texas
Rollins
Kevin
Luby's to move corporate HQ from San Antonio to Houston
Luby's Inc announced it will relocate its corporate headquarters from San Antonio to Houston by year end to streamline operations. The move consolidates corporate functions in one location, with many managers already based there and about 80 employees affected by the relocation.
MENTIONED IN THIS ARTICLE
San Antonio
Luby’s Inc
Houston
Associated Press
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Hawk
American Funds
Ineod
Azia American Funds
Icaap
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Fidelity Invest
Mageln
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Nowe
OTS
Loa
Baytown Motors Body Shop
North Main
Luby’s
Crawley
Reo
TriCity
Beach Road
Kam - Spm
Sat
Sun
Momndays
Meg Celey
Stephen V. Takach
Alexander
Baytown
Edwardiones.com
SIPC
Jennifer Marcontell
Rollingbrook
Ste
Ribfiat -Atanhmnaere
Edward Jones
Lechvid
Asta
Community Resource
Crew. Org
Boxer Drive
Tay
Kinjpetad
Texas
Baytown Sun
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