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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jul 22, 2002

Page

4

Newsletter Editors Beat Analysts On Cornered Wall Street

Hulbert’s analysis shows newsletters often called the plays ahead of analysts, with several Enron and WorldCom moves flagged before public collapse. Yet UC Davis research says analysts’ top picks would have yielded higher returns over 14 years, highlighting shifts with bull and bear markets. Analysts favor large caps while newsletters highlight smaller stocks, making blanket advice impossible.

Wall Street Mark Hulbert AAN Journal Hulbert American Association of Individual Investors Enron Forbes WorldCom Halbert New York Merrill Lynch Anz University of California- Davis Brad Barber Barber

Wall Street Faces Another Tough Week Amid Earnings Slump

Analysts warn ongoing earnings reports will keep pressure on markets with few signs of a near-term rebound. Prudential’s Bryan Piskorowski notes oversold conditions but limited buying reasons as Intel, Caterpillar, Siebel report weak results and more firms disclose earnings this week. Regulators probe corporate bookkeeping at AOL Time Warner and DaimlerChrysler while CEOs prepare to certify financial statements by mid-August.

Standard & Poor Bryan Piskorowski Prudential Securities Bellwether Intel Caterpillar Siebel Wall Street NBC Meet the Press New York Stock Exchange Richard Grasso Grasso

Ways to Improve Home Value Online Resources

Several organizations offer guidance on raising home value through planning improvements and financing. Resources include Better Business Bureau Home Improvement, 411 Home Repair, Federal Consumer Information Center housing tips, Homestore Home Improvement, ImproveNet contractor estimates and diverse how to guides.

Better Business Bureau Bbb.org Allhomerepair Federal Consumer Information Center Pueblo Gsa Cic Homestore.com Homestore ImproveNet

WorldCom Seeks Bankruptcy Amid $107 Billion Asset Load

WorldCom files for bankruptcy with more than 107 billion dollars in assets and liabilities exceeding 65 billion. Analysts compare the filing to Enron and Global Crossing, while creditors include JP Morgan Trust and Mellon Bank. FCC vows consumer protection as investigators pursue malfeasance linked to CFO Scott Sullivan. Sidgmore pledges business as usual and potential sale of peripheral units.

Sidgmore MCI UUNET WorldCom Adelphia Communications Global Crossing Enron J.P. Morgan Trust Co Mellon Bank N.A CitiBank Washington David Fiske Communications Commission FCC Scott Sullivan Arthur Andersen

Also Mentioned on This Page

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