Market watch Fed rate hike rattles markets
Markets rallied after the Fed raised short-term rates to 4.75 percent and the discount rate to 4.0 percent, then faded as concerns grew about higher borrowing costs and a slowing economy. Dow ended the week at 3,755.11 after volatile moves amid inflation worries and expectations of further tightening.
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Federal Reserve
Fed
Oppenheimer & Co
Michael Metz
Dow
Grist
Philadelphia
Hugh Johnson
First Albany Corp
Joseph McAlinden
Dillon, Read & Co
Dillon's adds calculators to Lawrence shopping carts
Dillon Stores in Lawrence installs calculators on cart handles to help shoppers total purchases, budget, compare prices, and even estimate calories. Hand baskets require customers to provide their own calculators. The upgrade is part of a marketing promotion by ADDvantage Media Group, with remodeling of the Sixth Street store and a nearby Hy-Vee completion cited as concurrent changes. Keefer notes the company upgrades stores continually and blames no single factor for remodeling.
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Dillon’s
Lawrence
Dillon's
Ken Keefer
Dillon Stores Inc
Hutchinson
Keefer
Tulsa, Okla
Addvantage Media Group Inc
Addvantage
Sixth Street
Kasold
Clinton Parkway
Ejer Journal- World
Lawrence Dillon’s
Israeli Stock Market Plunges on Tax Move Sparks Trading
The Tel Aviv market fell sharply after Israel announced a capital gains tax on stock profits, with trading starting on 2 billion shekels in sell orders. Officials lifted a 10 percent daily price swing limit for the first time in 40 years and extended the closing time by four hours. Dell unveils Cotplex X590 Pentium business PCs at $2,749 starting price.
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Tel Aviv Stock Exchange
Stocks of local interest wrapup tease in Journal-World Saturday
Local investors are urged to read the complete market wrapup in Saturday edition of the Journal-World for detailed stocks, price changes, and market moving events involving regional firms and notable market indicators.
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Journal-World
Local Market Quotes and Livestock Prices Across Midwestern Markets
Prices posted this morning show Midland Elevator items Wheat 3.55 corn 2.17 milo 3.46 soybeans 5.48. Omaha market quotations Monday list hogs 1,500 head and cattle calves with steady to lower or mixed moves across barrows and gilts and slaughter cattle and heifers. Metals and futures prices for nonferrous metals gold silver copper tin lead zinc and platinum are provided with quotes from New York and London exchanges.
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Midland
Omana
Nes
Uspa
Omaha
St. Joserh
Outsourcing expands as firms hire specialists for efficiency
The rise of outsourcing reshapes business by letting companies use networks of contractors for manufacturing payroll and logistics while focusing on core activities. Firms like Fritz Companies Catalyst Semiconductor and Western Temporary Services report growth and higher productivity as outsourcing spreads beyond basics to advanced functions.
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Dick Dole
Coopers & Lybrand
Western Temporary Services
Walnut Creek
Calif
Fritz Companies
Sears
Xerox
Ron Marcillac
Fritz
Catalyst Semiconductor
Santa Clara
Japan
Singapore
Catalyst
Michael Powell
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