Quiet Dow session ends with mixed gains in 1999 year
U S markets closed a calm trading day with the Dow up 17.73 to 10552.56 while the week fell 303 points as worries over rates and profits lingered. Nasdaq and S&P paused with modest declines. AOL dropped after a Merrill Lynch note. Juniper Networks priced at 34, closed at 98 9/16, up 19 1/2 percent. Alcoa rose after a higher target amid stronger aluminum prices. Fed meeting looms with rate hike expected, tempering enthusiasm this weekend.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Raymond James Financial Services
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
Bankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Powers
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO. Cen O
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Suntrust Banks
CSX Corp
CVS Corp
Daimlerchrysler AG
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
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 Technologies
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 Pete
ONE Valley Bank
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
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
Westwaco Corp
Williams Cos
Valley Nut'l Gases
Xerox Corp
DOW Jones
New York
Standard & Poor
AOL
Juniper Networks Inc
Federal Reserve
Cecil
Treasury
Alcoa
Dow
Merrill Lynch
IBM
J.P. Morgan
Lockheed Martin
Interest rates still expected to rise
The economy grew 4.3 percent in early year aided by strong consumer spending. Economists expect growth to cool but not enough to stop the Federal Reserve from raising short term rates to curb inflation. Major analysts foresee possible rate increases in mid year and another in August if growth remains solid.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Commerce Department
Fed
First Union
David Orr
Orr
Mark Zandi
Regional Financial Associates
West Virginia's largest strip mine loses blanket permit
Environmentalists urge dismissal of two federal complaints after the U S Army Corps of Engineers withdraws Arch Coal's nationwide permit for the Spruce No 1 mine in Boone County. The company must pursue an individual permit and environmental impact statement, a process that could take up to two years. The move marks the first time the corps has demanded an individual permit for a mountaintop removal project under the Clean Water Act.
MENTIONED IN THIS ARTICLE
Charleston
U.S. Army Corps of Engineers
Arch Coal Inc
Boone County
Arch
West Virginia Highlands Conservancy
U.S. District
Charles Haden
Conservancy
Corps
Hobet Mining Inc
West Virginia Lottery profits rise on strong video play
West Virginia lottery revenue for 11 months ending May 31 rose to 128.5 million from 101.7 million a year earlier, a 26 percent gain, with video lottery at the four race tracks delivering 18.4 million in May up from 14.3 million last May. Online and instant games showed mixed results as on-line sales dropped from 17.8 million in May 1998 to 6.7 million.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
State Lottery Commission
Mountaineer Racetrack
Chester
Charles Town
Virgil Helton
Helton
Also Mentioned on This Page
Italy
U.S
Tony Cecin
Piper Jaffray
Minneapolis
Henry Blodget
America Online
State
Ite Ua Beg
IRS
Jkharris.com
JK Harris & Company
Bluefield & Beckley
Bluefield Eau
Virginia School of Massage
Southpark Dr
Blacksburg
Vasom
Vasom.com
Morton Dr
Charlottesville
Princeton Health & Fitness Center
The
Foundation For Healthy Lifestyles
PCH Foundation
Gateway Shopping Center
Cedar Valley Drive
Richlands, VA