Momentum investing returns to Wall Street for now
Wall Street shrugged off disappointments with modest declines as retail sales lagged and Cisco revenue fell. Analysts deem the rally a momentum phase, noting improved breadth and notable gains in tech and small caps while cautioning that sustained gains need job growth, consumer spending, and profits to improve.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Cisco Systems
Arthur Hogan
Jefferies & Co
Hogan
Dow
Joseph V. Battipaglia
Ryan Beck & Co
Battipaglia
San Jacinto Hospital Adds PET Imaging System
San Jacinto Methodist Hospital in Baytown will offer whole body positron emission tomography PET to boost cancer heart and neurological disease diagnostics. Ackerman notes PET reveals metabolic activity complementing structural imaging enhancing pre surgical staging and therapy monitoring. The shared user PET system from Alliance Imaging will begin with Wednesday studies and expand with patient volume. Call 281 420 8670 for details.
MENTIONED IN THIS ARTICLE
Baytown
San Jacinto Methodist Hospital
S. Jeffrey Ackerman
M.D
PET
Ackerman
Alliance Imaging Inc
San Jacinto Hospital
Houston arena dispute sparks boycott threat over minority contracts
Black and Hispanic leaders warn of an economic boycott against Houston Rockets owner Leslie Alexander if minority businesses do not share in arena concession profits. A lawsuit seeks to enforce a prior agreement to share arena profits, with a five day restraining order blocking new concession contracts without court approval. A court-ordered mediation is planned, examining a deal struck before the November 2000 election. Harris County Houston Sports Authority and Hunt Construction Group oversee the process, while minority firms have already won substantial contract portions.
MENTIONED IN THIS ARTICLE
Houston
Houston Rockets
Leslie Alexander
Houston Area Urban League
The
League of United Latin American Citizens
NAACP
Alexander
John Coselli
Ing
Rockets
Harris County-Houston Sports Authority
Hunt Construction Group
Twin reactors to boost Cedar Bayou NAO output
Baytown residents saw two 150 foot long NAO reactors delivered by barge from Gulfport Miss to the Cedar Bayou Plant. The units will lift annual NAO production from 750 million to 1 billion pounds, moving Chevron Phillips Chemical toward a No 3 global supplier rank.
MENTIONED IN THIS ARTICLE
Baytown
Chevron Phillips Chemical Company
Cedar Bayou
Gulf Port
Miss
Cedar Bayo
Chevron Phillips
Chevron Phillips Chemical Company LP
Scott Scheffler
NAO
Scheffler
Also Mentioned on This Page
Amy Baldwin
Associated Press
Wall Street Review
S&p
Standard & Poor
Alan Ackerman
Presi
Houston Arena
Amex Naspaa
Maine
AOL
Dohnin
At&t
Nye
Krocer
Allstate
Landry
Nore
AEP
Librzal
Ashland
Lucent Ne Ab
Atmel Nash
Lyondell
Beverly
PLO NY
McDerl
Biotime
Wstrike
Am Ny
Merck AY
Banyrg
BellSouth NY
Matotola MeigStan NY
Ihemsox
Weot
Boeing Burns
Wwilshrt
Axon
Hame
Cho CocaCtay
Arhyih
Neurbiot
ConAgra Ny
Pfizer NY
Luhys
Hasting
Lksman
CanocPhil NY
Mediwer
CrownHald
HewitAs
ApexMige
DigiGen
USA Dian Amex
RelianiRs
Bushind
UOM Tech
SciTch
Nasdan
Rebaboo
Vicon
Dial DelCplr NY
RoysDut NY V9
BrwnShoe
Singing
Dy Sonic&al
SBC Com Ny
Lydali
Anata
Disney NY Ai
SonetgPl NY
Ethyl
Kforce
BawGhm NY
Schiolb NY
GrafTech
AlarisMedaby
DuPont
Sears NY
DukeScy NY
Struss Nasdane
ANG
Emccp NY
Solutia NY
Wore
EnPran NY
SouthnCa Uy
Intel
GenElec
al Pfizer
Japan
Wid
AphiMatl
Unilevn
Mirant
Nabors
Aia
Nvidia
Fewlattp
UPS
US Steel Ny
Honwllinst
Veritas
GM NY
WalMart NY
Samings
Sean Uaen
Pradasred
Fy Todat
Tara
PREY
Wren
Feast ST
Dow Jones Industrials
Dow Jones Transportation
Dow Jones Utilities
NYSE
Init Suing
Seyear
American Funds
Invcoaa P
WetMuta P
Fidelity Invest
Contan
Magellan AG
Bae
Janus
Mercury
Olympus
Fydex
Nestor Nova Ftuc
OTC
STENT
Barbers Hiligh
Issionals, Inc
Mltius Élp
Jennifer
Marcontell
Edward Jones
eSince
Maminay Sipc
Secon
Stephen V. Takach
Baytown Sun
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