Tech stocks rise as Dow slips on rate uptick
Technology shares advance while blue chips retreat with the Dow down 38.29 at 8110.84. Nasdaq gains 17.64 as bond yields climb to 6.13 percent amid inflation signals and Treasury selling. Coca-Cola drops after Morgan Stanley revises earnings lower.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Robert Thomas Securities, Inc
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
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
Humana Corp. Hercules Inc
IBM Corp
Mapco Inc
McDonald's Corp
MCI Communications
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Nationsbank 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 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 Int'l
Westvaco Corp
Valley Nat'l Gases
NEW York
New York Stock Exchange
NYSE
Standard & Poor
Treasury
Japan
Dow
Coca-Cola
Morgan Stanley
Dean Witter
Woodtech to lay off workers at Falls Mills plant
Falls Mills based Woodtech plans temporary layoffs affecting about 30 workers or 15 percent of its 190 employee base for possibly up to five months. The Japanese owned facility cites weak Southeast Asian demand and a 50 percent cut in plant production. Company aims to recall staff in early April.
MENTIONED IN THIS ARTICLE
Falls Mills
Woodtech
Fancy Tsuda
Japan
Southeast Asia
Maggie Asbury
Woodtech Human Resources
Asbury
Underwood speaks at Bluefield State College today
Governor Cecil Underwood will address Bluefield State College at 1 30 p m in the Basic Science Auditorium on Technology in Higher Education He was elected West Virginia governor in 1956 at age 34 and again in 1996 He has held leadership roles in education and high tech and has ties to Monsanto Island Creek Coal and the Software Valley Foundation Public invited. students in Jerry Corley class arranged the visit.
MENTIONED IN THIS ARTICLE
Luefield
West Bins
Cecil Underwood
Bluefield State College
BSC
Jerry Corley
Underwood
West Virginia
State College System Board of Directors
Morgantown Industrial Research Park, Inc
Software Valley Foundation
Monsanto Corp
Island Creek Coal Co
Pembroke weighs withdrawal from Giles regional water project
Pearisburg officials say the eight million regional water plan faces a crisis as Pembroke may exit. The PSA project would add a two million gallon per day plant and extend lines to Pembroke, Narrows, Rich Creek, and Glen Lyon, with towns buying water from the PSA. Pembroke council meets at 7:30 p.m. to discuss options and contract terms in executive session.
MENTIONED IN THIS ARTICLE
Pearisburg
Giles County
Pembroke
Kenneth Wittum
Vittum
PSA
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Giles Regional Water Project
Charles Owens
New River Criminal Justice Academy
Mercer
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Quality-of-Life Monthly
Tazewell
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