Retailers boost pricing accuracy improves but errors persist
The FTC reports scanner pricing accuracy has improved since 1996 but still one item in 28 to 30 mispriced across food, department, drug and hardware stores. Of 107,096 items checked, two thirds overcharged customers while the rest undervalued. Retailers tightened controls but room remains for progress.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Jodie Bernstein
FTC
Bureau of Consumer Protection
Pamela Rucker
National Retail Federation
Stocks Fall as Iraq Tensions Roil Wall Street
The Dow slipped 32.70 to 8,790.60 and the Nasdaq dropped 3.24 to 2,009.36 as fears of U S air strikes against Iraq weighed on sentiment. 3M warned its Q4 profits would miss estimates, while oil stocks rose on higher price expectations. Amazon surged after a new price target from CIBC Oppenheimer.
MENTIONED IN THIS ARTICLE
New York
United States
Iraq
Clinton
U.S. House
Bill Meehan
Cantor Fitzgerald
Schlumberger
Tidewater
Minnesota Mining and Manufacturing
Amazon.com
Cibc Oppenheimer
Industrial production slides again in mixed economy readouts
The Commerce and Federal Reserve reports show November production at factories mines and utilities down for the fourth time in six months while bank earnings for Q3 fall. Home construction rose to a 14 year high on low mortgage rates yet apartment building dropped sharply.
MENTIONED IN THIS ARTICLE
Washington
Bank of Montreal
Tim O'Neill
Commerce Department
David Seiders
National Association of Home Builders
America
Federal Reserve
Also Mentioned on This Page
Ron Campbell
AFLAC
Ameritech
At&t Corp
Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth P
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON. Nat'l Gas
Corning Inc
Crestar Financial
CSX Corp
CVS Corp
Daimlerchrysler AG
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
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Persoll Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Technologies
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
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
Pulaski Furniture
Reebok Intl
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
Unisys Corp
Universal Corp
Usair Group
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Renin
DOW Jones
Wall Street
Merck
Mattel
Coca-Cola
KMART
Foxy Brown
Starsiege
Bluefield
Virginia
J. C. Higginbotham
Ozark
Falmouth
Brn
Florsheim
Riva
Mercer A
Mercer Mall
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