Money March 21 2000 Closing Prices Report
Closing prices and market quotations provided by Ron Campbell Investment Planning and Raymond James Financial Services. Information includes stock levels, indices, and notable shifts observed on the trading day, with contact details for brokerage services.
MENTIONED IN THIS ARTICLE
Ron Campell
Analysts see PCS sale stalling Rite Aid under federal probe
Analysts warn a federal investigation could derail Rite Aid Corp by lowering PCS Health Systems sale prospects to reduce debt. If PCS cannot fetch a solid valuation before October 31 insolvency risk rises, though Rite Aid denies imminent trouble. PCS handles West Virginia PEIA drug benefits as Merck Medco is eyed after PCS contract ends June 30.
MENTIONED IN THIS ARTICLE
Philadelphia
Rite Aid Corp
PCS Health Systems
PCS
Steven Valiquette
Warburg Dillon Read
Rite Aid
West Virginia
Public Employees Insurance Agency
Merck-Medco
PEIA
Robert Ayers
Merck- Medco
Rite-Aid
Ayers
Camp Hill
Fed Nods to Market Chill as Rates Rise Again
The Federal Reserve hiked the federal funds rate by a quarter point to 6.00 percent and lifted the discount rate to 5.50 percent in a bid to cool rapid demand. Bank of America followed with a 0.25 point increase in its prime lending rate to 9.00 percent, signaling broader bank tightening.
MENTIONED IN THIS ARTICLE
David Jones
Aubrey G. Lanston & Co
Fed
Bank of America
Prudential Bank
P.O
Atlanta
Prudential Bank and Trust Company
Prudential Savings Bank
F.S.B
Prudential Insurance Company of America
FDIC
Rates rally as Fed signals nearing end to hikes
New York stock markets rose on Tuesday with the Dow climbing 227.10 to 10,907.34 and the Nasdaq gaining 100.79 to 4,710.79 after the Federal Reserve approved a quarter point rate increase. Analysts say slowing growth supports confidence that the Fed’s rate- increase cycle is nearly complete, though risks to inflation remain.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
Wall Street
Chris Conkey
Evergreen Investment Management
Boston
Foreign oil prices swell trade deficit
The January U S trade deficit rose to a record 28 billion dollars as imports of foreign petroleum hit a January high and exports lagged. Crude oil reached 23.18 per barrel as the Clinton administration pressed OPEC to boost output amid political pressure over gasoline and heating oil prices.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
America
Clinton
Organization of Petroleum Exporting Countries
Congress
China
Also Mentioned on This Page
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
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia
Corning
Suntrust
CSX Corp
CVS Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Mobil
First Union Corp
1St Virginia Bank
Flowers Industries
FMC Corp
Delhaize America
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE
Georgia Pacific
Gillette
GLAXO
Goodyear Tire
Ingersoll Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Techn
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
UPS
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
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
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 Nnt'l
Westwaco Corp
Williams Cos
Valley Nut'l Gases
Xerox Corp
DOW Jones
Federal Open Market Committee
Boltonline.com
Mercer County
AL Paw Aria
Princeton
South Street
Bluefield
Old Post Office
Dana Buzzo
Rebekah Worrell
Tod
Apys
Evel
Rick Allen
Dennis Thompson
Stafford Drive
the Prudential
Cis
Tut Bundet
Citizens Communications