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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

Jan 25, 2000

Page

7

Stocks tumble as investors fear rising rates

New York AP reports a broad market selloff as optimism over earnings fades amid rising rate concerns. The Dow fell 243.54 to 11,008.17, the Nasdaq slid 139.32 to 4,096.08, and the S&P 500 dropped 39.83 to 1,401.53 after fears of Fed hikes ahead of the February meeting.

Ron Campbell Raymond James Financial Services Abbott Labs Slegheny Electric M. Electric FLAC BC Communications T&t Corp M. Water Works Nheuler-Busch Pple Computer IND. Tech Shland Coal Inc Shland Oil Inc Tlantic Richfield Baker-Hughes Inc Baltimore Gas & EL Ibankamerica Bell Atlantic Bellsouth Corp Bethlehem Steel Boeing CO BS Corp Abot Oil & Gas Arolina Power Hevron Corp Hubb Corp Itizens Utilities Oca-Cola,co Olumbia Nat'l Gas Orning Inc Untrust Banks SX Corp US Corp Daimlerchrysler AG Detroit Edison Dominion Res DOW Chemical Dupont Altman Kodak Merson Electric Thyl Corp Exxon Mobil Irst Union Corp ST Virginia Bank Lowers Industries MC Corp Delhaize America ORD Motor CO EN. Electric CO Illette LAXO Oodyear Tire Ercules Inc Sumana Corp BM Corp Ngersoll Rand Ntel Corporation Mart Corp Roger CO Owe's Cos Ucent Tech Icdonald's Corp Jonsanto CO Mylan Labs, Inc ASH Finch CO Javistar Nike, Inc Folk Southern Occidental Pete ONE Valley Bank C. Penney CO Pennzoil CO Pepsico Inc Phila. Electric Philip Morris Cos Phillips Petroleum Pittston Brinks Potomac Elec PWR Praxair, Inc Pulaski Furniture Reebok Int'l REX Stores Corp Reynolds Metals ITE Aid Corp AJ Reynolds Rockwell ARA Lee Corp Sears Roebuck Sherwin Williams Ishoney’s Inc Southern CO Enneco Inc Exaco Inc Ri Continental Nion Carbide Nion Pacific Nisys Corp Universal Corp Sair Group Marathon Oil U.S. Steel Al-Mart Disney CO Endy's Estvaco Corp Illiams Cos Alley Nat'l Gases Xerox Corp New York General Electric Johnson & Johnson Standard & Poor Russell Federal Reserve Wall Street Fed Federal Reserve Bank of Atlanta Jack Guynn

Ashland Posts Loss on Arch Coal Investment

Ashland Inc reports a $3 million loss on its Arch Coal stake in Q4 1999 due to weak coal markets and write-offs at Cal-Tex and Hobet 21 mines. First quarter 2000 net income $37 million, 52 cents per share, down from $46 million a year earlier. MAP units show improved operating income.

Covington, Ky Ashland Inc Arch Coal Inc Arch West Virginia Ashland Cal-Tex Boone Logan Appalachia U.S Charles Haden Haden West Virginia Highlands Conservancy Company State Division of Environmental Marathon Ashland MAP Arch Coal Paul Chellgren Chellgren APAC Ashland Specialty Chemical Ashland Distribution Valvoline

Also Mentioned on This Page

Mone J Arch Coal Properties Contin Ues IRS Mecca Jkharris Wall Street Journal JK Harris & Company Bluefield W. Virginia Athens Hons Cnecave Selectic Jgpenney Mercer Mall
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