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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
May 19, 2000
Page
6
Closing prices quotations are provided by Ron Campbell Investment Planning and Raymond James Financial Services. The report lists figures from NASD and SIPC members. Contact details included for financial services inquiries.
The Treasury reported a record 159.5 billion dollar April budget surplus driven by tax receipts, 40.6 percent above April 1999. Revenue hit 295.1 billion with expenditures of 135.7 billion, aided by strong economy and higher income and corporate tax payments.
Five area Virginia businesses were honored at the first annual Tazewell County Business Appreciation Breakfast held at Southwest Virginia Community College during Business Appreciation Week. Awards named the Tazzies recognized Pegasus Tower Company Faith Apparel Kathy's Kustom Katering Pemco and Marshall Miller & Associates. Virginia Tech official Dr. Joe Meredith delivered the keynote on regional economic growth.
U S stocks finished mixed as rates rise and little fresh data arrived. Dow gained 7.54 to 10,777.28 while Nasdaq fell 106.12 to 3,538.84 as big tech slumped and antitrust action loomed over WorldCom and Sprint. Lycos rose after quarterly results but faces Terra Networks takeover worries.
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