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Bluefield Daily Telegraph in Bluefield, West Virginia

11 Jan 2000

Page 5

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Bluefield Daily Telegraph January 11, 2000 Page 5 old newspaper archives

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jan 11, 2000

Page

5

Nasdaq Hits Record Rally on AOL Time Warner Merger

Nasdaq climbs 167.05 to 4049.67 and Dow gains to 11572.20 as investors cheer AOL Time Warner merger plans. Time Warner jumps 25.5 points to 90.25 while AOL slips to 72 after the deal announcement. Major indices rise, signaling tech and media strength.

MENTIONED IN THIS ARTICLE

Ron Campbell Raymond J Ames Financial Services NASD/SIPCURITY Abbott Labs Allegheny Electric AFLAC SBC Communications 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 Bankamerica Bell Atlantic Bellsouth 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 Suntrust Banks CSX Corp CVS Corp Daimlerchrysler AG Detroit Edison Dominion Res DOW Chemical Dupont Eastman Kodak Emerson Electric Ethyl Corp Exxon Mobil First Union Corp Virginia Bank Flowers Industries FMC Corp Delhaize America Inc Ford Motor CO GEN. Electric CO GEN. Motors Corp GTE Georgia Pacific Gillette Goodyear Tire Hercules Inc Humana Corp IBM Corp Ingersoll-Rand Intel Corporation K-Mart Corp Kroger CO Lowe's Cos Lucent Technologies McDonald's Corp Merck & CO. Inc Microsoft Corp UPS 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 Rite Aid Corp RJ Reynolds 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 USX Marathon Oil U.S. Steel Wal-Mart Walt Disney CO Wendy's Nat'l Westwaco Corp Williams Cos Valley Nut'l Gases Xerox Corp DOW Jones New York America Online Time Warner Standard & Poor
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AOL to Grab Time Warner in $166 Billion Merger

Time Warner agreed to be acquired by AOL for about 166 billion in stock in a deal that would create the largest media and entertainment company. The agreement gives AOL access to Time Warner’s cable network and properties such as CNN HBO Time People Sports Illustrated and Warner Bros. It comes as media firms push to digitize and consolidate amid a shifting internet driven landscape.

MENTIONED IN THIS ARTICLE

New York Time Warner America Online Gerald Levin People Online AOL At&T’s CNN HBO Time People Sports Illustrated Warner Bros Blockbuster Media CBS Corp Viacom Inc
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Experts see AOL Time Warner merger boosting Virginia jobs

SPRINGFIELD Fairfax County officials and business experts welcomed the AOL Time Warner merger saying it will draw thousands of jobs to northern Virginia and strengthen the region as a technology hub. They expect initial hires at AOL to spur further employment and retail growth while local tech firms may win new contracts from the merged company.

MENTIONED IN THIS ARTICLE

Springfield America Online Inc Time Warner Inc Virginia Gerald Gordon Fairfax County AOL
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AOL Time Warner deal reshapes film industry landscape

Los Angeles AP The 160 billion AOL Time Warner merger sparks anticipated waves of mergers between studios and Internet firms. Analysts say entertainment groups like Disney Sony and Viacom CBS MGM face new partnerships to combine content with online access as tech players eye alliances.

MENTIONED IN THIS ARTICLE

Los Angeles Disney Sony Time Warner America Online Time Warner-Aol Dan O’brien Forrester Research David Davis Houlihan Lokey Howard Zukin AOL Larry Petrella Lehman Brothers Microsoft At&t Yahoo News Corp Viacom CBS MGM Infoseek Aol-Time Warner O’brien
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Wall Street New York Stock Exchange Octonling. Com IRS Nese Pannead da Brannan Jkharris.com The Wall Street Journal JK Harris & Company Bluefield W. Virginia Beckley School of Massage PMA Smith & Lilly Attorneys At Law Courthouse Square Princeton West Virginia Thomas S. Lilly Patti ZL Byrd Jennifer Dent Princeton Avenue Courthouse Square Phillip B. Ball Rhonda Collins Sandl Citilink Sealy Posturepedie Serta Perfect Steams & Foster Sealy Cash & Carry Serta Aeti Stearns & Foster Luxury Sleeponthebest Snapping Center Nnty Pollar Beckley K-Mart Advance Auto Parts V Mantress
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