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Bluefield Daily Telegraph in Bluefield, West Virginia

16 May 2001

Page 6

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Bluefield Daily Telegraph May 16, 2001 Page 6 old newspaper archives

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

May 16, 2001

Page

6

Market barely moves after Fed rates cut

New York markets nudged higher on the Fed move but closed near session lows as investors awaited a stronger catalyst. The Dow fell 4.36 to 10,872.97 while the Nasdaq rose 3.66 to 2,085.58 and the S&P 500 gained 0.52 to 1,249.44 amid widespread caution and mixed signals from tech and retail shares.

MENTIONED IN THIS ARTICLE

Dow Dow Transportation Dow Utilities NYSE S&p Russell Wilshire SecurAsc Hithcre Boydsc Newtek PrmEgg Alteon Amtec PYR En ViewptCp Covanta Pf WashSog Biora Telnrdec IPI Inc Supg Wipron QksivRs ClassGrp SwnEnrg Castlam JunpGrp GenTek Interletts Veri NewPwrn Shelbp Tan BaltTechayer LoralSp Equidynen Angelic Rottlund OrbitalSci Oriolh B ImmoGn Cavalry AvanirPh AremsSfts ImunRsp MeridGld Jaclyn eBenx RogWriss ColLb CareCntric Lucent WalMart JaprNtw WorldCom HomeCp Biotecht DellCptr Pfizer SP Tech CienaCp At&t NY IBM NY AligEngy NY Kmart NY AEP NY KeySpan NY AmWtt NY Kroger NY ArchCoal NY Ashland NY Lowes NY Merck NY Bb&t Cp NY Microsft Nash BP PLC NY BakrHu NY Nashf Nash BellSouth NY NorflkSo NY Bethst NY PepsiCo NY CSX NY PhilMor NY CVS Co NY PhilPet NY Cbtog NY Petme Carop Amex RJ Reyn NY CitzComm NY RexStore NY CitzUlph NY RiteAid NY CocaCl NY Jae ConstellEn NY Rockwl NY DomRes NY SBC Com NY Sears NY DowChms NY DuPont NY SouthnCos NY Duke Eggs TncoAut NY Ekodak NY TriContl NY EmrsnEl NY Usxmar NY FMC NY Usxuss NY Fcmteshn Nasd Unisys NY FtVaBk NY GenElec NY UPS US Airway NY Gapcgp NY UnvsiCp NY Glaxoskin NY HCA Hith NY VerizonCm NY Herculs NY WalMart NY Humana NY Westvaco NY Intels Nash Vanguard Idx ICAA American Funds Wsha P Fidelity Invest Grolnc LC Gwtha P Janus Fun LG PIMCO Eupaca P IL Janus . Windw Amer Century Inv Ultra GL Vanguard Wadsll GroCo LG BluCh BluCh BL 29.01 +2.4 +12.8/A +84.5/A NL 3,000 Vanguard Fds: Wellin El Eq Inc Puritn BL Prinep R XV Putnam Funds Grina P LV Follnva P XV Fidelity Spartan Amer Express Nwd Fidel LC EQN AIM Const P Nwopa P Advia Frank Temp Funk A Caltfa P Usgro Vanguard Admiral St Dean Wit el -Equity Inc MT International Lipper, Inc U.S New York Wall Street Standard & Poor Matt Brown Wilmington Trust Fed Microsoft Texas Instruments Wal-Mart Bat Citigroup Home Depot
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First Union sticks to bid against Wachovia

First Union Corp. chairman Ken Thompson on Tuesday rejected plans to sweeten its $12.7 billion bid for Wachovia Corp. He argued hostile bids fail in banking and said the First Union offer is clearly superior for Wachovia's shareholders. He forecast higher earnings and cost savings from a First Union Wachovia merger versus a SunTrust-Wachovia deal.

MENTIONED IN THIS ARTICLE

First Union Charlotte, N.C First Union Corp Ken Thompson Wachovia Corp SunTrust Wachovia Thompson
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Free Review Edward Jones DeeDee Hancock Jefferson Street P.O. Box Bluefield Denton Millsaps Investment Elmer Street Princeton ALF South College Avenue Virginia Kroger's Audiovox Super Leisure Plans USCC Uscellular.com USA Beckley Beckley Crossing Chenerert East Pointe Emily Dr Chillicothe U.S. Cellular Western Ave Chillicothe In-Touch Wireless & More East Water Elkins Third St Fairmont Middletown Rd Gallipolis Eastern Avenue Jackson Classic Plaza E. Huron Morgantown Morgantown Commons Mail Road Suburban Court Plaza Chestnut Ridge Rd New Boston U.S. Cellular Rhodes Ave Portsmouth Hilltop Center Scioto Trail Princeton Pine Plaza Stafford Dr Summersville Wal Street Overly Uscc West Emmit Avenue Bluefield the Cellular Group Mercer Mall Hedgesville Page Communications West Main Street Kingwood Thomas Dolan DBA Peak Communications Morgantown St Lewisburg Gary's Electronics S. Jefferson St Martinsburg Martinsburg Mall Foxcroft Ave Martinsburg Omni Minford Minford Telephone S.R Moorefield Sherman Electronics N. Main St Mt. Hope the Cellular Group Crossroads Mall Waverly Pike County Pawn W. Emmitt Ave Beckley Buckhannon Clarksburg Grafton Jackson Oak Hill
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