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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Mar 25, 2003

Page

9

Dow Dives After War Rally Fades On Wall Street

U S stocks fell sharply as investors locked in gains from a weeklong rally amid expectations of a quick Iraq War. The Dow dropped 307.29 to 8214.68, the S&P 500 slid 31.56 to 864.34, and the Nasdaq fell 52.06 to 1369.78 as gains from last week evaporated and war news added risk. Major components including Altria slid after a judge ordered Philip Morris to pay 10.1 billion.

Dow Industrials Dow Transportation Dow Utilities Nyse Composite S&p Russell Wilshire Amex Naspaa Yon Airborne KingPwr AlleyHith Aquila Sheibp MetrisCos Stonhon RA Mitope Enochs CtlAir OhioArt Canetn DeltaAir Servotr Lumina Solutia iShTaiwan MeridGid Alteon Mikron KCS En NwAir39 Lucent SunMicro Pfizer NortelNw Shj Altria SP Mid Yahoo Houshini Nabors Nextelc Hewlettp AEP NY HomeDp NY Aramark NY Intel Nash Bb&t Cp NY IBM NY BakrHu NY JohnJn NY Brm NY CSX NY Kroger ChevinTex NY Sp Nasd Fa NY NuBaksh Nasd NorfikSo NY ConsolEgy NY Daimirc NY Oracle Nasd Penney NY DeliCotr Nasd PepsiCo NY Disney NY Pfizer NY DomRes NY Praxair NY DuPont NY Duke Egg eBayine Templein NY Emisne 3M Co ExxonMb NY UPS B NY Fcmtybsh Nash US Steel NY Fordm NY VerizonCm NY GenElec NY WalMart NY Bere Oe Pease Australia Britain Canada Japan Mexico U.S Lity Invest Icaa P Pimco Wsha American Funds Fidelity Invest Contra Groinc LC Vanguard Incoa P MP Instidx SP Wellin Puritn BL Eq Inc el BloCh GroCo MV el -Equity Inc Global IB -Intermol Lipper, Inc NYSE At&t Rs ATT Weis AbtLab AMD Agere Ahold Airborne Amovill AmExp Americdt BMC BankOne Bk of Am Bkny Barrickg Baxter BellSouth BestBuys Carnival ClearChan CocaCi CilAir Corning Delphi Disney DowChm DuPont DukeEgg Dynegy Gap GenElec GnMotr GMH Gillette Goldmans Goodyear HCA Inc HSBC Hallibin Hilton HomeDp Houwilint Houshint intGame IntPap Interpublic Jpmorgcht JohnJn Kohis Kraft Kroger Libtyma Lockholm LowesCos Mbnas Marinia Maxter MorgStan Motorola NetwirAse Newmtm NokiaCo NortelNn OcciPet Omnicom PepsiCo Pharmacia SBC Com SK Tlem Schergp Schimb SwstAirl Spratfon Spratpcs StateStr Target TenetHits Texinst 3McO UtdMicro UPSB US Banerp UtdTech New York Wall Street Dow Jones Dow and Standard & Poor Saddam Hussein Doug Sandler Wachovia Securities Dow Baghdad Iraq Ana Lysts Russ Koesterich State Street Corp Boston Mara Illinois Philip Morris AMR American Airlines Continental Delta Walgreen

Satellite phone industry sees temporary boost from Iraq war

San Francisco Chronicle reports a surge in satellite phone demand from journalists and military users in the Middle East as war pressures rise. Analysts caution the uptick is temporary, with core issues like high costs and limited adoption still constraining growth. Inmarsat, Globalstar, and Iridium face ongoing trials, bankruptcy exits, and pricing challenges despite some renewed interest from the Defense Department and broadcasters.

Atellite Iraq California Globalstar Telecommunications Virginia Iridium Britain Inmarsat CNN BBC CBS NBC Middle East Jimmy Scheffler Carmel Group Globalstar Roger Busch TelAstra Los Angeles Iridium Satellite Department of Defense Defense Department Warren Brown U.S

Pension deal could clear US Airways for emergence from bankruptcy

Federal pension regulators plan to decide this week if a deal between US Airways and its pilots on a new defined contribution pension will replace the old defined benefit plan now handled by the PBGC. A Friday hearing in U.S. Bankruptcy Court is set as the PBGC evaluates whether the replacement maintains similar benefits, a move aiding final reorganization approval.

Pension Deal US Airways Arlington

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