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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 17, 2003
Page
8
Market in review shows stock footnotes and brief annotations on dividends, splits, rights and warrants. It lists various indicators such as reverse splits, stock dividends, and fund charges, alongside scattered numbers and dated entries.
Blue chip stocks closed up as upbeat data sparked optimism about inflation and manufacturing. The Dow rose 106.74 to 10129.56, the S&P 500 gained 7.09 to 1075.13, and the Nasdaq edged up 6.03 to 1924.29 as investors rotated into large cap value shares.
Michael Morris of Berlin Connecticut based Northeast Utilities will become American Electric Power president and chief executive replacing E Linn Draper Jr on January 1 and assume chairmanship when Draper retires by April 27 at the annual shareholders meeting Morris led NU through NRC scrutiny and Millstone plant restart while pursuing Connecticut deregulation and a failed merger with Consolidated Edison of New York with legal actions ongoing NU serves over 1.8 million electric customers in Connecticut New Hampshire and Massachusetts and 191 000 natural gas customers in Connecticut Morris 57 will take over amid AEP earnings drop and a lower full year guidance for 2002
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