Technology stocks send markets lower on weak Oracle results
The Dow fell 65 points to 8046 as technology shares led a broader decline. Oracle tumbled nearly a third after reporting quarterly profit well below estimates, hit by Asia and exchange-rate issues. IBM and Hewlett Packard weakened the Dow while Hilton Hotels warned its Q4 results would miss forecasts due to slow casino business.
MENTIONED IN THIS ARTICLE
New York
U.S
Asia
Oracle
Database
Technology Group
IBM
Hewlett-Packard
Dow
Hilton Hotels
Teen shoppers drive strong Paramus holiday sales surge
Teens are reviving stylish dressing with sequined tanks, lace dresses and bell bottoms, boosting retailers like Wet Seal and Pacific Sunwear in Paramus. Analysts note teens’ strong spending power and rising wages, with surveys showing high shopping intent among ages 13 to 17 and optimistic holiday sales for teen-focused stores.
MENTIONED IN THIS ARTICLE
Paramus
N.J
Nautica
Tommy Hilfiger
Wet Seal
Pacific Sunwear
Thomas Tashjian
Nationsbane Montgomery Securities
San Francisco
Kurt Salmon Associates
Welfare reform sparks fears of few living wage jobs
A study by the Preamble Center for Public Policy and Jobs With Justice argues that there will be about 97 former welfare recipients for every job paying a living wage, based on Bureau of Labor Statistics data. Leaders warn reforms threaten widespread unemployment for displaced workers while officials cite job creation efforts and training programs.
MENTIONED IN THIS ARTICLE
Washington
Mark Weisbrot
Preamble Center For Public Policy
Weisbrot
Center
Jobs With Justice
Workers’ Right
Fred Azcarate
Jobs For Justice
White House
Mike McCurry
McCurry
The
Preamble Center
Bureau of Labor Statistics
Midwest
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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
Arolina Power
Chevron Corp
Chrysler Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
CSX Corp Crestar Financial
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
Virginia Bank
Flowers Industries
GEN. Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Sercules 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
Santo CO
Mylan Labs, Inc
Nash Finch CO
Nationsbank Corp
Navistar Int'l
IKE, 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
Pulaski Furniture
Reebok Int'l
REX Stores Corp
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
Nnsys Corp
Universal Corp
Usair Group
Usx-Marathon Oil
USX
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westwaco Corp
Valley Nat'l Gases
Xerox Corp
DOW Jones
Dow Falls
Kristen Defino
Garden State Plaza
Jessica Gonzales
Gonzales
Britt Beemer
America
Charles
Mercer St
Princeton, WV
Jerri Harry
Wendi Coburn
Jerr
Wendi
WN Night Live
Brisis
Diamond World
Commerce
Neem Elmia Ela
Bluefield Area Foundation
Bluefield Area Foundation, Inc
P.O
Bluefield
Big Man
Kammer Advantag
Kammer
Kammer's Convenient
Bland St
Collectibles
Sher Ch
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