Wall Street Opens 2000 With Mixed Indicators and Nasdaq Record
On the first trading day of 2000 the Dow fell 140.23 to 11,356.89 while the Nasdaq Composite rose to a new closing high. The S and P 500 declined, but all three indices posted closing records as tech shares led gains. Bond yields rose in the first New Year auction. John Hancock signed a five year multimillion dollar MLB sponsorship deal.
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Wall Street
Standard & Poor
John Hancock Financial Services
Major League Baseball
John Hancock
Baseball
MasterCard
FleetBoston Financial
Derrick Johnson
Hancock
NEW York Stock Exchange
Cs Industria
Ameroniines
At&t Corps
Citigroups
American Stock
Intel
Cisco
Standard & Poor’s Insurance
Telecom
Indus
Transport
Transat
Utilities
Wilshire Associates
Walgreens posts 23 percent gain in first quarter earnings
Walgreen Co reports first quarter earnings up 23 percent to $127.8 billion in revenue? Actually $127.8 billion appears incorrect. it should be earnings. The Deerfield based chain says earnings 13 cents per share, in line with estimates, as prescription sales rise and expansion continues with 94 new stores and record first quarter sales of $4.82 billion.
MENTIONED IN THIS ARTICLE
Walgreen Co
First Call
Thomson Financial
Walgreen
U.S
Alliant Praises Y2K Preparedness Efforts
Alliant Energy officials say Y2K drills and planning improved emergency readiness across four states. Eliot Protsch notes seven drills, including three national ones, standardized response plans and boosted company resilience for storms or tornadoes. About 1,000 employees staffed sites during the effort.
MENTIONED IN THIS ARTICLE
George C. Ford
Cedar Rapids
Alliant Energy Corp
Jim Hoffman
Alliant Energy
Alliant
Fed seen raising rates in February amid Mid-America growth
Creighton University economist Ernie Goss says after three Fed hikes inflation remains strong in a nine state region. December index 69.0 signals persistent inflation pressure. February rate rise expected unless January jobs data show cooling. Export orders rise as dollar weakens against the yen.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Federal Reserve Board
Mid-America
Ernie Goss
Creighton University
Bureau of Labor Statistics
Fed
Goss
Iowa Economy Slows But Roots for Solid Growth, Says Professor
Economic professor Ernie Goss of Creighton University notes Iowa's December purchasing index at 52.6 down from 54.8, marking a second decline and signaling slower but steady growth ahead. He cites weaker manufacturing and service growth, consolidation in rural agriculture activity, tight urban labor markets, and a flat export index at 50.0.
MENTIONED IN THIS ARTICLE
Goss
Arkansas
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
Oklahoma
South Dakota
Omaha
Neb
Ernie Goss
Creighton University
Farm policy changes seen in Appropriations panel
Washington lawmakers diverge on overhauling farm policy with some signaling tweaks to 1996 market oriented rules. Shrinking export markets push down wheat corn and soybean prices while the Agriculture Department forecasts a bleak 2000 income of 40.4 billion unless a bailout occurs.
MENTIONED IN THIS ARTICLE
Washington
Jo Ann Emerson
Rmo
House
Agriculture Department
Congress
Smith & Wesson On Sale Block In Stalled Bid
Smith & Wesson, the Springfield gun maker, faces investor scrutiny as its parent Tomkins PLC signals divestment from firearms. A sale rumor cites Mail on Sunday with a potential value over 160 million dollars. Ken Jorgensen confirms no buyer yet and notes Tomkins focus on auto and other sectors.
MENTIONED IN THIS ARTICLE
Springfield
Mass
Smith & Wesson
Dirty Harry
Ken Jorgensen
Sally Slovenski
Join Together
The
Mail On Sunday
Tomkins PLC
Jorgensen
Tomkins
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Treasury
Treasury Department
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Pervent
Eliot Protsch
Protsch
George Ford
Georgef
Tfyiowa
Pataki Christens Nasdaq MarketSite
New York
George Pataki
Times Square
Frank Zarb
National Association of Securities Dealers Inc
Appropriations Agriculture Subcommittee
Ant
Springfield-based
Nyse Index
Okio
COLLINS COMMUNITY P/ i CREDIT UNION
NCAA
42Nd St. NE
WSO
Southwest Branch
H4th Ave
1St Avenue
1St Ave
35Th Street
35Th St
Roemane
Hugwun Runns
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