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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 20, 2005

Page

6

Wary traders send stocks lower on cautious market day

On a quiet holiday week start in New York the stock market slipped as tech shares fell sharply despite Pfizer winning a court action and FPL Group’s big acquisition. Google and AOL failed to lift techs while investors awaited GDP housing and spending data.

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Elkem Sells Kanawha Valley Silicon Plant in West Virginia

Elkem USA announces a 130 million dollar sale of its Alley silicon plant and an option to sell the nearby hydroelectric facility on the Kanawha River. Globe Metallurgical of Beverly Ohio will buy the plant. investment firm D E Shaw has option on the hydro plant. About 175 hourly workers affected. union officials unavailable for comment.

Charlton Heights Bill Arthur Elkem USA Kanawha Valley Elkem WVU Tech Arthur Alley Silicon Metals Kanawha River Charleston Beverly Globe Metallurgical Inc D.E. Shaw and Co

Also Mentioned on This Page

Dow Jones Industrials Daiy Dow Jones Rick Pendergraft Schaeffer Pendergraft W.va Paper, Allied Industrial, Chemical and Energy Workers Union Union Doug Cogar Dennis Thompson Rick Allen Mercer St Princeton Vir Cael PSFH
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