Market correction seen as part of the game amid global rout
Ron Campbell of Robert Thomas Securities says the 350 point market drop creates buying opportunities as the Dow sinks from a strong year. Russia’s fiscal crisis shakes markets worldwide while questions linger on Japan’s efforts to stabilize its economy.
MENTIONED IN THIS ARTICLE
Ron Campbell
Robert Thomas Securities/ Investment Planning Consultants Inc
Campbell
Russia
Japan
Dow Jones
Dow Drops 114 Points as Market Slumps Again
The Dow fell 114.31 points to 8051.68 on Friday, extending the steepest drop since 1990. The index has dropped 550 points in three sessions, trading near 8,000 before noon amid heavy volume and further declines from Thursday’s 357 point plunge.
MENTIONED IN THIS ARTICLE
Campbell
Denton Milsaps
Edward Jones
Princeton
Russia
U.S
Milsaps
EW York
Dow
Wall Street
Bistlee
Virginia unemployment hits 29 year July low
Virginia’s unemployment rate fell to 3.1 percent in July, the lowest in 29 years, down 0.4 points from June’s 3.5 percent. The drop comes as students enter temporary summer work or leave the labor force, with construction and tourism hiring up while some school staff and factory workers took summer releases.
MENTIONED IN THIS ARTICLE
Virginia
Richmond
Virginia Employment Commission
William F. Mezger
Virginia Employment Commis
Sion
Mezger
The
Com
Lynchburg
Charlottesville
Personal income rises as July spending slips for first time in years
Americans boosted personal incomes 0.5 percent to a $7.14 trillion annual rate in July while consumer spending fell 0.2 percent to a $5.8 trillion rate. Analysts note autos blunted July spending, with GM strikes and fading incentives reducing auto purchases. Excluding autos, consumption looked healthier though concern grows about future demand as stock gains wane and markets tumble. GDP growth slowed to 1.6 percent in Q2 from 5.5 percent earlier this year.
MENTIONED IN THIS ARTICLE
Washington
United States
Commerce Department
U.S
General Motors
Sung Won Sohn
Norwest Corp
Minneapolis
Sohn
Asia
Russia
Conference Board
New York
Mercer County Deed Transfers Across Princeton and Bluefield Areas
Mercer County deeds filed at the county clerk list transfers among residents and entities. Purchases and parcel changes cover Bluestone River areas and Indian Meadows with acres and lot details, involving Gray Stone Village LLC, Dana Pettrey, Harold Buckner, Heath Harmon, and others. parcels include 35.52 acres near MP 13306 and 11.47 acre Bluestone River lots in Rock District, plus multiple BP District and Princeton Road parcels.
MENTIONED IN THIS ARTICLE
Princeton
Mercer County
James C. Bowman
Gray Stone Village
Gray Stone Village LLC
Beaver Pond
Mason Bradley
Tina Christian
Bluefield Princeton Road
Bonita Buckner
Dana Pettrey
Pennington SD
Old Athens Road
East River District
Harold L. Buckner
Leslie Cole
Clifford A. White Jr
David Bryan Blankenship
Bluestone River
Rock District
Mary Greene Cole
Commercial Credit Corporation
Ricky L. Duncan
Montcalm Princeton Road
Della Pitzer
Indian Meadows
Plymouth
John H. Dickerson
Lonnie R. Shinn
Kegley
Mildred G. Dunagan
Curtis Lawrence
Park Ave
North Walker Street
Austin D. Edwards
Ronald L. Whalen Jr
Montvale
Spring Garden Drive
Bluefield
Harriet L. Edwards
James A. Johnson
Virginia Irene Harmon
Lilly Grove
Gayle Street
Heath Harmon
Joyce Meadows
Tr Bluefield Princeton Road
Pilots
Sandra J. Pettrey
Prince Street
City
Edna Kay Wallace
Claude D. Hunter
Gerald F. Wallace
Also Mentioned on This Page
RON Campbell Investment Planning
Robert Thomas Securities, Inc
Abbott Labs
Allegheny Electric
AFLAC
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
CBS Corp
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
Dupont
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 Cos
Lucent Technologies
McDonald's Corp
MCI Communicatio
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Coe
Nash Finch CO
Nationsbank Cop
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 Brinks
Pittston
Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney’s Inc
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 Nnt'l
Westwaco Corp
Valley Nut'l Gases
Xerox Corp
Sara Coleman
Daily Telegraph
United Investment Corporation
UC Investment Fund
United Company
James W. McGlothlin
CW Fund Distributors, Inc
Bluefield Regional Medical Center