Bond market lifts stocks after inflation fears ease
In New York on Wednesday the bond market rebounded helping equities end modestly higher after a seesaw session. The Dow and broader indices posted small gains as investors weighed the May purchasing managers index at 57.7 percent signaling continued expansion and rising prices. Computer chip stocks led gains on upbeat sector expectations and U S Surgical jumped while IDE Communications fell sharply amid heavy Nasdaq volume.
MENTIONED IN THIS ARTICLE
New York
National Association of Purchasing Management
U.S
U.S. Surgical
Livestock market sales across multiple counties May 27–28
Alderson, Bluegrass Market, Farmers Livestock and Narrows markets report total sales and detailed price ranges. Highlights include Alderson sales of 59,612.80 with steers and cows across weight classes, Bluegrass at 50,199.80, Farmers Livestock listings, and Narrows at 114,278.30 with hogs, lambs, cattle and cow calves.
MENTIONED IN THIS ARTICLE
Alderson
Bluegrass
Lewisburg
Farmers Livestock Market
Narrows
United Bankshares declares 1994 second quarter dividend
United Bankshares UBSI announces a 26 cent per share dividend for holders of record June 10 1994 with July 1 1994 payout. The annualized dividend hits 1.04 dollars yielding over four percent. Net income for Q2 1994 rose to 6.1 million up 17 percent from 1993. UBSI assets exceed 1.7 billion, with 40 offices across 27 West Virginia communities and one in McLean Virginia.
MENTIONED IN THIS ARTICLE
United Bankshares, Inc
UBSI
United
United National Bank
United National Bank South
Bank First
N.A
West Virginia
McLean
United Bankshares
National Association of Securities Dealers
Boucher defends tobacco position at Tazewell event
Congressman Frederick C. Boucher visited Tazewell Community Hospital to update on health care reform efforts and faced questions about his stance on a tobacco excise tax. He defended farmers in the Ninth District, noting 14 000 families rely on barley tobacco and arguing reform should not fall on growers or users.
MENTIONED IN THIS ARTICLE
Tazewell
Frederick C
Rick” Boucher
Dva
Tazewell Community Hospital
Boucher
Steve Fast
Fast
Ormal
Pete Francisco
Tazewell County
TCH Board of Directors
John Biggs
Biggs
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Allegheny Power
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AM. Family Corp
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At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Bakers Inc
Baltimore Gas & EL
Bearings Inc
Boeing CO
Cabot Oil & Gas
Chrysler Corp
Chubb Corp
Coca CO
UMBIA
Thcare
Nat'l Gas
INC
Chartir Progen Casino
CSX Corp
DOW Chemical
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Lowe's CO
Mapco Inc
McDonald's Corp
MCI Communications
Merck & CO. Inc
Mobil Corp
Nationsbank Corp
Navistar Intl
Norfolk Southern
Occidental Pete
ONE Valley Bank
Acific Telesis
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Minerals
Pittston Services
Potomac Elec
PWR
Praxair, Inc
Premier Bankshares
Pulask
Reebok Int'l
Reynolds Metals
Rite Aid
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney’s Inc
Signet Banking
Southern CO
Tenneco Inc
Texaco Inc
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Marathon Oil
Walt Deney Cothet
Wendy's Int'l
Westinghouse EL
DOW Jones
Alderson Livestock Market
Mid-Atlantic
Richmond
The
Federal Reserve Bank of
Maryland
North Carolina
South Carolina
Virginia
Ted
Maddox
Anthem
Donna Maddox
AAI
CPIW
Bluefield
Anthem Personal Insurance Companies
Decatur
Ill
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