Stocks mixed as tech shares fall on profit taking
Wall Street closed mixed with the Dow up 28.63 to 10,404.75 and the Nasdaq down 91.19 to 3,845.65. Amazon.com tumbled after a Lehman note called credit conditions weak, while Rambus gained on a Hitachi licensing deal. Investors awaited the Fed policy meeting amid cautious trading.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Raymond James Financial Services
SIP Security
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
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Boeing CO
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Corning
Suntrust
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
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE
Georgia Pacific
Gillette
GLAXO
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
UPS
Mylan Labs
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
Potomac Elec
PWR
Praxair, Inc
Reebok Int'l
REX Stores Corp
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 Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
New York
Amazon.com
Wall Street
Standard & Poor
Lehman Brothers
Ravi Suria
Yahoo
Hitachi Ltd
Hitachi
Federal Reserve
Fed
AOL Time Warner merger wins shareholder approval
Shareholders of AOL and Time Warner overwhelmingly endorsed their proposed union creating a global media giant. The deal, valued to win regulatory clearance from U.S. and European authorities, faces continued scrutiny amid concerns over media concentration and access guarantees for content providers and ISPs.
MENTIONED IN THIS ARTICLE
New York
America Online Inc
Time Warner Inc
U.S
AOL
Aols
Time Warner
Walt Disney Co
ABC
AOL Time Warner
European Commission
Federal Communications Commission
Federal Trade Commission
Washington
Universal Studios
Seagram Co
Vivendi
Coldwater Creek founders sell six percent stake in retailer
Dennis and Ann Pence sold six percent of Coldwater Creek stock for nearly $8 million in a move to diversify holdings and unlock more shares for investors. The couple each owns about 30.66 percent, and the company reported May quarter net income of $3.6 million on strong catalog Internet and retail sales. Coldwater Creek employs about 1,600 workers in Sandpoint Coeur d Alene and Parkersburg.
MENTIONED IN THIS ARTICLE
Sandpoint, Idaho
Coldwater Creek
Dennis
Ann Pence
Pence
Sandpoint
Dennis Pence
Coeur d’Alene
Parkersburg
W.va
BBB Moves to Control Internet Fraud
Memphis Tennessee The Council of Better Business Bureaus plans to fight online fraud by urging Web businesses to join local BBBs and display a BBB logo. President Kenneth Hunter notes fraud online rivals mail fraud in intensity and pushes privacy standards dispute resolution and online seals to aid consumer trust.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Council of Better Business Bureaus
Council
Kenneth Hunter
Better Business Bureaus
United States
Canada
Hunter
Better Business Bureau
Gallup
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Gerald Levin
Henry Luce
Time Magazine
Time-Life
Levin
Luce
BBB
David Flaum
Scripps Howard News Service
Rebath
Eisenhower Dr
Beckley
Patriot Ford Truck Lot
Priddy’s Manufacturing
Direc
West Virginia
Se Lee
Sopphia
Pikeville, Kentucky
Sealy, Serta and Stearns & Foster
Sealy
Ldta A
Get
Mattrase Rav
Sale Ende
Isolets
Rlad Pth
Mattrac
Serta
Princeton
Ithern States
K-Mart
Advance Auto Parts
Mattress
Itearns & Foster
Mium
Mattras
Hase
Prio