Stock gains extend modest rise amid Norwest Wells merger
The Dow gains about 31 points to 9069 while the broader market climbs after Fridays surge. Norwest Wells Fargo merger and Intel antitrust suit fuel consolidation chatter as investors await Greenspan testimony with Fed rate moves looming.
MENTIONED IN THIS ARTICLE
New York
Technology
Norwest
Wells Fargo
Intel
American Express
Dow
Citicorp Travelers Group
J.P. Morgan
Merck
Sears Roebuck
Federal Reserve
Alan Greenspan
Congress
Greenspan
Fed
U.S
Asia
Wells Fargo and Norwest agree to $34 billion merger
Wells Fargo & Co and Norwest Corp agree to a $34 billion merger creating the sixth-largest U S bank. The combined firm would have about $191 billion in assets, 90 000 employees, 20 million customers and 5 777 outlets, with Wells Fargo keeping the name. Regulatory and stockholder approvals remain.
MENTIONED IN THIS ARTICLE
San Francisco
Wells Fargo & Co
Norwest Corp
United States
West
Midwest
Wells Fargo
Norwest
Larry Haeg
Co Rate
Citicorp
Travelers Group
Nationsbank Corp
BankAmerica Corp
First Interstate Corp
Los Angeles
Wells
Teacher stock options return 41 percent
Charleston AP reports a teacher retirement plan posted 40.8 percent gains from April 1 1997 to April 1 1998. Jim Sims, director of the Consolidated Public Retirement Board, notes stock options within the $144 million Teachers Defined Contribution Retirement Plan offer higher but riskier returns. State law allowing stock investments follows a constitutional amendment. officials warn future gains may ease as equities have surged in recent years.
MENTIONED IN THIS ARTICLE
Charleston
Jim Sims
State Consolidated Public Retirement Board
Sims
Real estate deeds recorded in Mercer County courthouse
Mercer County deeds show transfers in multiple subdivisions. Betty Jo Barber to Bridget Barber 1.0A E R District. Donald D Barth to Eddie D Marrs 0.36A Maple Acres BP. Carroll E Barth to Eddie D Marrs 0.36A Maple Acres BP. Big B Inc to Cumberland Health Services Inc College Heights Addition lot 13 PT 12 BLK A lot 6 PTS lot 5 and 70 FT Street Middlesex Ave Princeton East River District. Brenda McKinney Blackwell to William Paul McKinney Quail Valley Estates lot 81 REV BLK 3 Sec 2 NR city East River. Samuel Blackwell to William Paul McKinney Quail Valley Estates lot 81 REV BLK 3 Sec 2 NR city East River. Peggy A Booth to Tony L Booth Amber Hills SD lot 11 Sec 1 East River. Carl E Bowling to Dominion Appalachian Development 212.DAC Rock District. Launa Lee Bowling to Dominion Carl L Bradley to Appalachian Power Company R W Easement Plymouth District. Janice Carol Hill Bradley to Appalachian Power Company R W Easement Plymouth District.
MENTIONED IN THIS ARTICLE
Princeton
Mercer County
Betty Jo Barber
Bridget
Barber
Donald D. Barth
Eddie D. Marrs
Maple Acres
Carroll E. Barth
Big B Inc
Cumberland Health Services, Inc
College Heights
Middlesex Avenue
East River District
Brenda McKinney Blackwell
William Paul McKinney
Quail Valley Estates
Samuel Blackwell
Peggy A. Booth
Tony L. Booth
Amber Hills SD
East
ARTH-Rx joint pain treatment debuts in Ocala ad
A paid advertisement promotes ARTH-Rx a pepper derived pain relief product from Phillips Gulf Corpora tion for human arthritis and general aches. The roll on formula claims to intercept pain signals and is offered without a prescription with limited local availability and a toll free ordering line.
MENTIONED IN THIS ARTICLE
Ocala
Phillips Gulf Corporation
Arthrx
Goodykoontz
Bland St
Eee
Main St
Princeton Clinch Valley Pharmacy
Ben Bolt Ave
Tazewei
Also Mentioned on This Page
Ron Campbell
Robert Thomas Securities, Inc
Abbott Labs
Allegheny Electric
AFLAC
Ameritech
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
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Carot Oil & Gas
Carolina Power
Chevron Corp
Chrysler Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Crestar Financial
CSX Corp
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
1ST
Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's CO
Lucent Technologies
Mapco Inc
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern Occidental
Sherwin Williams
Shoney's Inc
Southern CO
Tenneco Inc
Texaco Inc
Trimental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Nnt'l
Westwaco Corp
Valley Nat'l Gases
Xerox Corp
DOW Jones
Virginia
Uvest Investment Services
Bluefield
Cedar Bluff
Claypool Hill
Pocahontas
Raven
Richlands
Riverjack
Tazewell
FDIC
Clinch Valley
Wells Fargo, Norwest
Minneapolis
Midwest Banking
Paul Hazen
Richard M. Kovacevich
New York Stock Exchange