Stocks mixed end turbulent quarter on Wall Street
On Friday stocks closed mixed as a tough quarter ended. The Dow fell 26.66 to 9243.26, extending a weekly decline, while the Nasdaq rose 5.78 to 1464.98 and the S&P slipped 0.82 to 989.82. Investors shrugged off Xerox woes and a consumer spending drop as a colonoscopy announcement loomed.
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New York
Wall Street
Bush
Xerox
America
Arthur Hogan
Jefferies & Co
Dow Jones
Dow
Standard & Poor
Moody's Downgrades Dynegy to Junk Status in Debt Alarm
Moody's Investors Service cut Dynegy Inc to junk status citing over 8 billion dollars in debt and doubts about funding a restructuring plan. The plan relies on asset sales including a 50 percent stake in Northern Natural Gas, a unit spinoff, and dividend cuts to raise at least 2 billion dollars amid weak markets and tighter cash flow outlook for 2002. ChevronTexaco holds 26.5 percent of Dynegy and may receive sale proceeds, while Enron’s failed buyback options and past investments color the funding outlook. Analysts view the downgrade as expected and largely price-driven, with cautious investor sentiment and broad market weakness following accounting scandals.
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Houston
Moody's Investors Service
Dynegy Inc
Dynegy
Enron Corp
Moody‘s
Northern Natural Gas Co
Enron
ChevronTexaco
Moody’s
Karen Deane
Moody's
Raymond James
Jon Kyle Cartwright
Louis Corey
S&p
Dow
Xerox
WorldCom
SEC
General Motors
Electronic Data Systems
Commerce Department
Wal-Mart
Claire's
Oil futures end choppy week with modest gains and mixed fuels
New York oil futures finished a volatile week largely steady with August crude at 26.86 a barrel. July heating oil rose to 67.96 cents per gallon and July gasoline to 79.38 cents as front-months expired. OPEC kept quotas unchanged through Q3, aiding a cautious bullish tilt despite a weak demand backdrop. Norway and Russia to lift export restraints in July, while Mexico advised no increase in Q3 exports. A recovery in U.S. stocks supported prices amid earlier Wall Street jitters from WorldCom. Brent in London rose to 25.58, natural gas at 3.245 per thousand cubic feet.
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NEW York
New York Mercantile Exchange
Tim Evans
FR Pegasus
Organization of Petroleum Exporting Countries
Flynn
U.S
WorldCom
Wall Street
London
North Sea
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Ned Riley
State Street Global Advisors
Riley
J&g
Texas Professional Hearing Center
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Ragan Shaw
Memx
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Pfaer
Pridentin
DHB
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Simula
Jawair DigitAngel
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Rame
Los
Eclinsys
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EniveMd
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BrukCall
Transgnimy
Sirenza
Kof Ami BehiSouth “Non
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Oracle
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Conaxnts
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We At
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Alin
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OPEC
Phil Hiynn
Alaron Trading Corp
Chicago
Mexico
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Marck NY
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Pretete Trading
Dow Industrials
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NYSE
SAP MdCap Russell
Tame Wehg Chgan
Sabir
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Io Hoa
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J.B
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JB de Los Santos
JBS Company
Shepler
Barbers Hill Veterans Memorial
Edward Jones
Jennifer Marcontell
Edward
Stephen Takach Dit
N. Alexander
Haylawn
Texas
Poandel
Porto Menges
Arguranes Tex
Ing
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Shirley K
Seate
Donna Drive
PO Box
JI Anahuac
Morar
Edward Jone
Texas Brokerage Asset Management
Raper
Market Information
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