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Bluefield Daily Telegraph in Bluefield, West Virginia

03 May 2001

Page 6

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

May 03, 2001

Page

6

Tech stocks extend winning streak to four sessions

Tech shares led a broader market uptrend as the Nasdaq climbed to 2,220.60 and the S P 500 edged higher, while the Dow eased on profit-taking. Cisco rose as analysts cited stabilized North American business, and Applied Micro Circuits gained, though IBM and Exxon Mobil weighed on the Dow amid oil sector concerns.

MENTIONED IN THIS ARTICLE

Dow Industrials Dow Transportation Dow Utilities NYSE Amex S&p Russell Wilshire Nyse Amex Naspaq Ainers BioLabs Gadzoox vjGrace WitaFd KanaCm msCom Palatin VertelNet ResMed GenStar AlphNet Unova Xcelera Uswrecp SptAuth StdAuto Pf EpochBion Comdisco Herwdb CMGI HovnanEnt AtlasPpin Cedarine Tefron Egypt ENSCO Holly HelmPayn AccessPh Funk G Loudeldn WmsCom Lucent SPDR Sun Micro JDS Uniph Ageren BredeCm Devone JaprNtw At&t NY IBM NY AligEngy NY Kmart NY AEP NY KeySpan NY AmWtt NY Kroger NY ArchCoal NY Lowes NY Ashland NY Merck NY Bb&t Cp NY BP PLC NY Microsft Nash BakrHu NY Nashf Nash BellSouth NY NorflkSo NY BethSt NY PepsiCo NY CSX NY PhilMor NY CVS Cp NY PhilPet NY Cbtog NY PotmEl NY Carop CitzComm NY RJ Reyn NY RexStore NY CitzUt SBC Com NY DowChms NY Sears NY DuPont NY SouthnCos NY Duke Eggs TacoAut NY Ekodak TriContl NY EmisnEl NY Usxmar NY FMC NY Usxuss NY Fcmtbsh Nash FtVaBk NY Unisys NY Upsb NY GenElec NY US Airway NY Gapcgp NY Glaxoskin NY UnvsiCp NY Hcahith NY VerizonCm NY Herculs NY WalMart NY Oa Humana NY Westvaco NY Ward Idx Icaa P American Funds Wsha P Fidelity Invest Grounc Lc American Funds A Gwtha P Janus PIMCO Eupaca P IL Pera Ultra van Uard Instidx SP Rooty Invest BlaCh LG Vanguard Wellin Eq Inc el Purita Putnam Funds A GrinAp LV Twen LG Princp R American Fdinva P XV Putnam Funds Voya P LG Incoa P MP Fidelity Spartan Vanguard Idx Amer Express Nwd AIM Funds Fidel Eqel Frank/Temp Fk A Caltfap SS NwOpAp Usgro LG Frank GrwthAp GL Aggr MP AggrGr Marg St Dean Wit Value T Fidelity Advisor T Groppt Capwgap AIM EI Equity Inc Lipper, Inc EW York Standard & Poor Federal Reserve Wall Street Cisco Systems Morgan Stanley Dean Witter Chris Stix Applied Micro Circuits Ronald J. Hill Brown Brothers Harriman Hill Dow IBM Philip Morris Duke Energy Exxon Mobil New York Stock Exchange
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Factories see first March orders rise amid broad slowdown

The Fed reports March factory orders up on transportation equipment demand but notes widespread weakness across the economy. The survey from 12 regional banks indicates almost all districts show a slow pace of activity, with weak retail sales in March and only small gains expected ahead. Policymakers meet May 15 to consider another rate cut.

MENTIONED IN THIS ARTICLE

Washington U.S Federal Reserve Fed
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March Jobless Rate Unchanged in Virginia

The Virginia Employment Commission says the March jobless rate held at 2.4 percent, higher than 2.1 percent a year earlier but well below the national 4.6 percent. Cooler wet weather delayed outdoor work by about two weeks, with several manufacturers continuing short furloughs due to inventory backlogs. Northern Virginia posted the lowest metro rate at 1.3 percent, while Danville's was the highest at 6.2 percent. Dickenson County and Lancaster County had the peak rates among coalfields and fishing communities at 13.5 percent and 11.7 percent respectively.

MENTIONED IN THIS ARTICLE

Richmond Virginia Employment Commission Virginia VEC Northern Virginia Danville Fairfax City Manassas Park Dickenson County Lancaster County
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Snack cake giant to add 200 jobs in Virginia expansion

McKee Foods will add more than 200 jobs and expand Little Debbie production at its Stuarts Draft bakery after beating Tennessee and Arkansas for a 44.8 million project. President Jack McKee touted the plant’s strong performance record, low turnover, pro business climate, and good ties with local and state governments.

MENTIONED IN THIS ARTICLE

Stuarts Draft McKee Foods Virginia Tennessee Arkansas Jack McKee
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Also Mentioned on This Page

Dow Jones Industrials Bluefield CY Agi Ristorante Cucina Italiana Main St. Pearisburg Eboeth Walker Fun Walker Belk
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