Stocks Close Mixed As Earnings Fears Return
New York stocks ended mixed as technology shares declined on concerns earnings may slow in the second half of 2000. The Dow rose 2.93 to 10,908.76 while the Nasdaq fell 78.35 to 3,775.15 and the S&P 500 dropped 11.18 to 1,461.69. Analysts noted high valuations and nervous market sentiment.
MENTIONED IN THIS ARTICLE
Eee
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
Anheuser-Busch
Apple Computer
IND. Tech
Arch Coal
Ashland Oil Inc
BP Amoco
Baker-Hughes Inc
Constell Energy
Bethlehem Steel
Boeing CO
Cabot Oil & Gas
Viacom
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Energy
HCA Healthcare
Corning
Suntrust
CSX Corp
CVS Corp
Daimlerchrysler AG
DTE Energy
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Mobil
First Union Corp
1St Virginia Bank
Flowers Industries
FMC Corp
Delhaize America
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
Georgia Pacific
Gillette
GLAXO
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mylan Labs
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
BB &T
J.C. Penney CO
Pennzoil CO
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Reebok Int'l
REX Stores Corp
Rite Aid Corp
RJ Reynolds
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
Usx-Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
New York
Standard & Poor
Michael Metz
Cibc World Markets
Applied Materials
Wall Street
Applied Material
Cisco Systems
Metz
Verizon strike shows progress on wireless organizing talks
Verizon Communications and two striking unions reported progress in negotiations to settle a five day old strike over contract terms for 87,200 Northeast workers. Company officials cited advances on organizing rights in Verizon Wireless, a sticking point amid IBEW and CWA walkouts.
MENTIONED IN THIS ARTICLE
Washington
Verizon Communications
Verizon
Wireless
Northeast
Eric Rabe
Candice Johnson
The
Communications Workers of America
Nader Walks Picket Line to Court Union Votes
Ralph Nader joined striking Verizon workers in Falls Church Virginia on the picket line as the Green Party candidate sought union support despite the CWA endorsements for Al Gore. He promoted labor reform themes and announced a tort reform position paper blaming both parties for limiting consumer suing power.
MENTIONED IN THIS ARTICLE
Falls Church
Green Party
Ralph Nader
al Gore
Nader
Communication Workers of America
Verizon
Jobless Claims Rise as Labor Market Remains Tight
The Labor Department reported 293,000 first-time unemployment claims last week, up 18,000 from the prior week, marking the second straight gain but still beneath the 300,000 threshold signaling a tight labor market. The report shows imports and prices shifting with July prices flat, offset by cheaper oil, while payrolls and GDP signals suggest slowing growth.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Amazon Toys R Us form online toy and baby store
Amazon.com and Toys R Us announce a 10 year alliance to run co-branded online shops. ToysRus.com inventory moves to Amazon centers while Amazon builds and maintains the site and handles transactions. The toy store launches this fall and the baby store early next year.
MENTIONED IN THIS ARTICLE
Amazon.com
Toys R Us
Battle
Toysrus.com
Amazon’s
New York Stock Exchange
Babiesrus.com
Baby Products
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RON Campbell Investment Planning
Raymond James Financial Services
SIPC
International Brotherhood of Electrical Workers
Bell Atlantic
GTE
Federal Reserve
Penn
Evergreen Log Inc
Oakwood Toga
Bluefield
More
Olena
Our
Paul Mitchell
Freeze & Shine
Sebastian
Wal*mart
Greasy Ridge Road
Princeton