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Bluefield Daily Telegraph in Bluefield, West Virginia

07 Aug 1997

Page 5

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Bluefield Daily Telegraph August 7, 1997 Page 5 old newspaper archives

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Aug 07, 1997

Page

5

Blue chips rally lifting Dow to record as tech gains lead

Blue-chip stocks rebounded with the Dow rising 71.77 to 8259.31 helped by a paused bond pullback and a Apple Microsoft truce boosting tech shares. American Express, Citicorp, and Chase Manhattan moved higher as Morgan Stanley raised bank price targets. Cisco Systems paced techs after a solid quarterly report.

MENTIONED IN THIS ARTICLE

Ron Campbell AM. Family Corp Ameritech At&t Corp AM. Water Works Anheuser-Busch Apple Computer IND. Tech Ashland Coal Inc Ashland Oil Inc Atlantic Richfield Baker-Hughes Inc Baltimore Gas & EL Bell Atlantic Bellsouth Corp Bethlehem Steel Boeing CO Cabot Oil & Gas Carolina Power Chevron Corp Chrysler Corp Chubb Corp Citizens Utilities Coca-Cola CO Columbia Gas Sys Columbia Healthcare CON Nat'l Gas Corning Inc Crestar Financial CSX Corp Detroit Edison Dominion Res DOW Chemical Eastern Ent Eastman Kodak Emerson Electric Ethyl Corp Exxon Corp First Union Corp 1St Virginia Bank Flowers Industries FMC Corp Food Lion Inc Ford Motor CO GEN. Electric CO GEN. Motors Corp GTE Corp Georgia Pacific Gillette CO Glaxo Holdings Goodyear Tire Hercules Inc Humana Corp IBM Corp Ingersoll Rand Intel Corporation K-Mart Corp Kroger CO Lowe's CO Lucent Technologies Mapco Inc McDonald's Corp MCI Communications Merck & CO. Inc Microsoft Corp Mobil Corp Monsanto CO Mylan Labs Finch CO Nations Bank Corp Navistar Int'l Nike, Inc Norfolk Southern Occidental Pete ONE Valley Bank J.C. Penney CO Pennzoil CO Pepsico Inc Phila. Electric Philip Morris Cos Phillips Petroleum Pittston Minerals Potomac Elec PWR Praxair, Inc Pulaski Furniture Reebok Int'l REX Stores Corp Reynolds Metals Rite Aid Corp RJR Nabisco Sara Lee Corp Sears Roebuck Sherwin Williams Shoney's Inc Signet Banking Southern CO Tenneco Inc Texaco Inc TRI Continental Union Carbide Union Pacific Unisys Corp Universal Corp Usair Group Usx-Marathon Oil USX U.S. Steel Wal-Mart Walt Disney CO Wendy's Int'l Westinghouse EL Westvaco Corp Xerox Corp Aia Dow Jones New York Apple Microsoft American Express Dow Citicorp Chase Manhattan Morgan Stanley Cisco Systems Cisco
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Apple and Microsoft End Rivalry with Mutual Survival Deal

In Boston Apple Computer and Microsoft announced a historic partnership at MacWorld Expo, giving Microsoft a stake in Apple. The move aims to reassure developers and bolster Apple while Gates touts joint technological innovations, as Jobs unveils the agreement amid a stunned audience.

MENTIONED IN THIS ARTICLE

Boston Apple Computer Microsoft Apple Mac Micosoft Bill Gates Steve Jobs Gates
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Apple and Microsoft Forge Investment to Rescue Apple

Microsoft agreed to invest 150 million dollars in Apple, taking about seven percent of the company, with a pledge to refrain from selling the stock for at least three years. The pact also funds patent settlements and ensures ongoing Office upgrades for Mac for five years, without granting Microsoft voting rights.

MENTIONED IN THIS ARTICLE

Microsoft Apple
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Tobacco Field Day at Glade Spring set for Aug 14

Glade Spring hosting Bailey Tobacco Field Day on Thursday August 14 at 5 p.m. Archie Bailey of the Virginia Farm Bureau to open with remarks on the Burley Farm Income Improvement Foundation. Funding options announced for NICE3 program in West Virginia enabling enterprises to apply Sept 1 to Dec 5 1997.

MENTIONED IN THIS ARTICLE

Glade Spring Southwest Virginia Agricultural Research and Extension Center Archie Bailey The Virginia Farm Bureau Burley Farm Income Improvement Foundation Charleston West Virginia Development Office Energy Environment and Economics U.S. Department of Energy Initiative Department of Energy
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Also Mentioned on This Page

Rk Money Apple’s IBM Jobs Apple Computer Inc Gil America Amelia Aggta J. Renee Espana Timothy Hitsman Bluefields Cumberland Road Bluefield Ewme As Avon ED Sical Thorn Street Athens Crossroads Princeton Tedior Colub HO Sherwin Williams Paints Cumberland Rd
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