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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 04, 2012
Page
16
Fragmentary stock data and figures from an exchange listing show numerous tickers, numbers, and codes with limited readable context. The dense OCR reads like a trading board snapshot, featuring varied company identifiers, prices, and volume-like figures without coherent narrative.
Washington lawmakers debate modest steps to trim a looming 500 billion dollar fiscal cliff including airline fees, hunting for property sales, and targeted cuts to farm subsidies and food stamps. The plans face opposition from airlines unions and public employee groups and would only yield a fraction of required deficits.
Oil market notes show light crude closing at 89.05 dollars per barrel with traders assessing supply demand shifts and geopolitical signals. Analysts cited modest demand indicators and ongoing production decisions influencing futures pricing.
Virginia revenue from Sunday alcohol sales at state run liquor stores grew after statewide rollout in July. By end of October 339 ABC stores reported 243 million dollars in sales, up 9 million from 2011 when only 130 stores opened Sundays. Delegate Albo notes law change aims to raise revenue, while remaining philosophically opposed to state liquor sales. Gov McDonnell has pushed privatization but remains opposed to core government function.
Wall Street edged lower as a weak November ISM manufacturing index at 49.5 signaled contraction and fed fears of a fiscal cliff. The Dow fell to 12,965.60, S&P 500 to 1,409.46, and Nasdaq to 3,002.20 amid looming tax hikes and spending cuts. Big moves included Dell up 4.4 percent to 10.06 and Health Management Associates down 5.7 percent to 7.50 as analysts weighed the political and economic risks.
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