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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
May 10, 2001
Page
5
The note outlines footnote codes for stock and mutual fund entries including splits, dividends, rights, units, and trading halts. It references U S and Canadian dollar values, bankruptcy status, warrants, fees, and distribution costs. It notes volume and pace indicators and cites The Associated Press as the source.
Wall Street retreated as Cisco's cloudy earnings outlook dampened tech shares and blue chips. The Dow fell 16.53 to 10,866.98 while the Nasdaq slid 42.14 to 2,156.63 and the S&P 500 declined 5.66 to 1,255.54. Analysts cited profit-taking and murky second-quarter prospects as factors.
Washington AP. FCC weighs limiting line item charges on long distance bills to fund universal service. Proposal targets balance between government subsidy contributions and what carriers recoup from customers. Current 6.9 percent federal share funds high cost areas and school internet. Companies like WorldCom AT&T and Sprint cited for higher residential line-item charges. Critics say inflated charges mask higher prices and reflect weak competition.
The rise of socially responsible funds expands beyond niche use into 401(k) options from General Motors and Ford. Vanguard and TIAA-CREF launch SRI index funds, while Morningstar notes two fund types, one screening by values and the other broadening to environmental and social goals. Analysts urge careful research to ensure holdings align with personal values.
Comair pilots begin a Thursday vote on a federal mediation contract proposal that falls short of their demands. Union chairman J C Lawson says the union will pass along the plan without advising members how to vote while the airline accepts the settlement. The report also notes WVU Health Systems Davis Hospital board dispute and Verizon replacing operator service with automated options in Virginia.
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