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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Oct 31, 2000
Page
5
Closing prices quoted by Ron Campbell Investment Planning Raymond James Financial Services provide market figures. Contact (304) 325 7334 for NASD and SIPC guidance and details on the reported quotations.
The Supreme Court refused to hear a pair of antitrust challenges to the national tobacco settlement, a $246 billion deal reached in 1998 to compensate states for smoking related Medicaid costs. Plaintiffs Hise and Isch argued the pact allowed price passes to smokers. lower courts ruled against them.
New York stocks rose as blue chips led gains while technology shares sagged. The Dow Jones average jumped 245.15 to 10,835.77, marking a second straight session over 200 points, while the Nasdaq slid 87.03 to 3,191.33 as investors shifted away from tech for now amid profit worries.
Americans saw a 1.1 percent surge in personal incomes in September, led by large federal farm subsidy payments, while consumer spending climbed 0.8 percent as durable goods demand rose. Economists note the strength in the consumer sector despite summer slowdown and rising debt.
Bluefield native Eric C. Perkins co authored a two volume work titled Con tract Law in Virginia published by the Virginia Bar Foundation. Perkins practices with Hirschler Fleischer Weinburg Cox and Allen in Richmond and holds degrees from the University of Virginia. A West Virginia workshop on Starting a Business in West Virginia will be held at First Community Bank in Princeton this Thursday from 10 am to noon with a 5 dollar fee and registration line.
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