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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 12, 2002
Page
7
A fragmented market in review shows various tickers and figures across firms like PennAm, Penney, PepcoHield, Pharmacia, PhilMor, and PioNtrt. The data appears as a dense OCR snippet with quarterly asset notes, prices, and ratios, lacking coherent narrative.
Wall Street ended a tepid trading day with a modest gain after Kimberly-Clark lowered its fourth quarter and 2003 outlooks, unsettling investors. The Dow gained 14.88 to 8589.14, the Nasdaq rose 5.83 to 1396.59, and the S P 500 edged up 0.51 to 904.96 as analysts weighed improving economy prospects for 2003 and tax-cut expectations amid a Republican Congress.
US Airways reached a tentative agreement with its pilots for a second round of concessions expected to save more than 100 million annually. The deal supports the carrier's Chapter 11 plan and opens momentum for talks with other unions to seal further 100 million in yearly savings.
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