Stocks fall on PeopleSoft EchoStar news amid cautious trading
Wall Street extended losses for a third day as traders booked profits after mixed updates from PeopleSoft and EchoStar Communications. The Dow slipped 18.74 points to 9,737.79 and the Nasdaq fell 10.89 to 1,930.75 with the S&P down 0.54. Investors eye upcoming data on jobless claims, trade, retail sales, and inflation as they seek consolidation after months of gains. Oracle dropped on takeover concerns as PeopleSoft slid to 21.62 while Oracle stood at 12.54.
MENTIONED IN THIS ARTICLE
New York
Wall Street
PeopleSoft Inc
EchoStar Communications Corp
Jack
Caffrey
LP. Morgan
Standard & Poor
Momen
Steven Goldman
Weeden & Co
Greenwich
Conn
PeopleSoft
Oracle Corp
Oracle
Vo Nyse Amex
JOS Niph Nes
Landrys
Unee
Lypadsil NY. Co
Xcelara
MaryStant NY
Decciair
Penney NY
PapsiGe
USA
NASA
Menmd Iss
Sanigia
Acon Nasd
IntiPower
TierTech
ponocPhi
SBS
ANT
ReliantAs NY
Singing
WhiteElec Ass
Crownfield NY
Royidut NY
AK Steel Ze
Comotes Jinpan
Daia Diam Amat
SBC Com NY
Hexcel
Felatis
Concurton
CasdFac Pigat
Hag
jGrace
BS FiveStar
UnivisAers
ScheraPi NY
Haro
USANA
Disney
DataTrak
Poe DowChmcee
Solagen Ri
DuPont
Solutia NY
DukeSay
Southata
BOHE
EMEC
Lucent Sas
WIS GenElec
SDA
Intel Siruss
Fonit NY
TreoAut
Wwa
EchoStar
Halkbin NY
BameGald
Hawtel
Usstaal
Calpine
Wwanhoe
Dow Industrils
Dow Transportation
Dow Utilities
NYBE
S&p St
Midcap Russall
Wilshire
Incas P
Acicaa
Tridel Invest
Ecety Invest
Magalr
Gunn
Dynegy executives tied to Project Alpha trial details
In Plano Texas J C Penney reports third quarter net income decline while Eckerd drugstore unit lags. Foster implicates Rob Doty former Dynegy CFO and seven Dynegy employees plus two lawyers in Project Alpha to mislead regulators and meet Wall Street targets. U S Attorney notes ongoing investigation.
MENTIONED IN THIS ARTICLE
Houston
Dynegy Inc
Tuesday
Gene Shannon Foster
Jamie Olis
Dynegy
Wall Street
Foster
Rob Doty
Doty
Michael Wilson
U.S
Michael Shelby
Arthur Andersen
Plano
Texas
J.C. Penney Co. Inc
Eckerd Drugstore
Juesday
Stil
Penney
The
Associated Press
Grude futures post modest gains
Crude futures on the NYMEX settled higher after a gasoline price spike and a terrorism risk warning from Singapore. December light crude finished at 31.15 per barrel, Brent rose to 29.09, and January crude closed at 28.98. Gasoline rose 3.94 cents, heating oil at 84.41 cents, and natural gas gained to 4.869.
MENTIONED IN THIS ARTICLE
NEW York
New York Mercantile Exchange
Singapore
Aaron Kildow
Prudential Financial Inc
Nymex
London
International Petroleum Exchange
Brent
Jee Chee Hean
Pacific
Indian Oceans
Teo
Also Mentioned on This Page
EchoStar News
Hopever
Sack Caffrey
Equity
Bers
Pan
Ancial Services
Members Financial Services Center
Community Resource Credit Union
Decker Drive
Baytown
Wes Gamer Members Financial Services
Cana Linkstage Services, Inc
Ontage Way
Waverly
Iowa
tciWiree
Amet 3P PLC
Akof Am
Baron & Budd
P.C
Oak Lawn Avenue
Ste- 1100
Dallas
oRef, Inc
Grude
Thayne Willamns
Tee
Tene Barbers Hillg School
Leguel
Stephen V. Takach
Alexander
Edwardionss.com Verker Ser
Edwardjones Seiebe
Jennifer Marcontell
Ravinebrook
Edward Jones
Sneed
Texas Brokerage Asset Management
Baker Road
Texasbrokerage.com
Community Resource
Creu. Org
Tovar