Stocks pull back as investors take profits after gains
Prices slip for a second day as Greenspan cites a mixed economy and investors weigh earnings reports. Major indices fall with the Dow at 9094.59, Nasdaq 1747.97, and S P 500 at 994.09 as profits are taken and outlooks temper optimism.
MENTIONED IN THIS ARTICLE
NYSE
AFLAC
Dow Jones
At&trs
ATT Wes
Altria
Dow Industrials
Dow Transportation
Dow Utilities
Baxter
Nyse Composite
BellSouth
Amex
Boeing
S&p
Bossec
BostSci
S&p MidCap
Russell
Wilshire
BrMySq
Calpine
CapOne MN
CaremkRx
Cendant
Nyse Amex Nasdaq Centex
CocaCl
Cocace
CtAir
Apidinov
Synergx
DR Horn
Triptech
DettaAir
BentPh
Metalsus
Equinixn
Disney
MetrisCos
Alteon
NIC Inc
DowChm
Bluegreen
Astronicss
DukeEgg
Dynegy
VSE Etrade
tkonOfSol
el Paso Cp
Elan
MeridRes
Emulex
VanMool
DVI Inc
Grancf UN
Enterasys
Teradyn
AFC Ent
ExxonMb
FanniMae
Xcelepic
StarScien
FidelFins
FleetBost
Fordm AO
Lucent
Intel
SPOR
SunMicro
FredMac
Microsofts
GenElec
Djia Diam
On2Tech
Loudeye
BemaGold
Siruss
HCA Inc
Hallibin
Dn Iie Cain Harleyd
Hewlett
Honwlind
ICN Phem
Roe Ikono
IBM
AligEngy NY
Kohis
AEP Altria NY
HomeDp
NY NY
Kroger
Aramark NY
LSI Log
Il Nasd
Bb&t Cp NY
IBM NY
Lennar A
JohnJn NY
Libtyma
LowesCos
ChevrnTex NY
LowesCos NY
Lucent No
Marathon NY
Cocac NY
Microsoft
Medimnic
ConsolEgg NY
NorfikSo NY
Daimirc NY
Oracle Nasd
MelionFne
MerrillLyn
Micront
Praxair NY
RexStrs
MorgStan
eBayine
Sears NY
ExxonMbl NY
NaziCity
Nasd
UPS
VerizonCm NY
NokiaCp
WalMart NY WO
Penney
Raytheon
U.S
SBC
Mo Schwab
Seagates N
Icaa P
Wsha P LV
PIMCO
Gwtha P
Fidelity Invest
Groinc LC
American Funds
Incoa P MP
N Pera P GL
Eupaca P IL
Eq Inc
NL Teradyn
Wadsury Inv
Ultra LV
Invest
Puritn
Transoen
GroCo MV
LowPr
Vanguard
el -Equity Inc
GL -Global
IB -Intermol. Bond
IL International
LC -Large- Utdhithg S
Lipper, Inc
WalMart
Ala Oe Ae Wyeth
Pete Pe
NEW York
Federal Reserve
Alan Greenspan
Greenspan
Richard A. Dickson
Lowry’s
Palm Beach
Fla
Standard & Poor
Brian Belski
US Bancorp
Piper Jaffray
Dow
New York Stock Exchange
Nyse.com
Nasdaq.com
Dow Jones Industrials
Standard & Poor's
Prices and factory output rise fuel hope for revival
Consumer prices rose 0.2 percent in June after declines in April and May, easing deflation fears. Federal Reserve data show factory output up 0.4 percent in June, led by autos, home electronics, furniture, and chemicals, marking the best manufacturing gain since January and fueling optimism for noninflationary growth.
MENTIONED IN THIS ARTICLE
Ashington
Labor Department
Federal Reserve
Ken
Mayland Charts CPI Shifts From ClearView Economics
Mayland, president of ClearView Economics, analyzes month to month changes in the Consumer Price Index. The report references the Bureau of Labor Statistics CPI figures and notes links to industrial production data from the Federal Reserve.
MENTIONED IN THIS ARTICLE
Mayland
ClearView Economics
CPI
Federalreserve
Citigroup names successor to Weill as CEO Prince chosen
Citigroup chairman Sanford Weill announced Wednesday he will relinquish the chief executive role while remaining chairman until the 2006 annual meeting. Charles O. Prince, 53, will become CEO by year end as the bank faces probes into conflicts of interest and a $400 million penalty for its Smith Barney unit.
MENTIONED IN THIS ARTICLE
New York
Citigroup
Sanford I. Weill
Charles O. Prince
Weill
Citiroup
Enron
WorldCom
Wall Street
Smith Barney
Star Telecom
Jack Grubman
Grubman
Prince
Postal Service urged to close offices and reform pricing
A presidential commission urges closing money losing post offices, with many in small towns, and expanding nontraditional mail services in malls banks and groceries. It backs flexible rates but rejects privatization, and calls for local input on closings and consolidations while exploring real estate sales or donations.
MENTIONED IN THIS ARTICLE
Washington
Presidential Commission
President’s Commission On the
United States Postal Service
Bush
Congress
Harry J. Pearce
Hughes Electronics Corporation
James A. Johnson
Perseus, L.L.C
Postal Service
Also Mentioned on This Page
the Markket IN
Dany Dow Jones
Federal Reserve Board
Jasondjfmam
Bureau of Labor Statistics AF
Commission On Postal Service