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Newspaper
Lawton Constitution
Location
Lawton, Oklahoma, United States of America
Date
Mar 31, 2007
Page
11
Market diary shows NYSE totals with 1,826 advancers and 1,470 decliners plus 142 unchanged and 800.71 as index level. Nasdaq side records 1,709 advancers and 1,310 decliners with 143 unchanged, volume about 4.98 billion shares.
AP field notes list metal quotes across markets with figures for aluminum copper gold silver mercury and platinum. Values include copper around 3.12 to 3.14 per pound, aluminum near minus 3,261 per pound, gold near 669 to 661 per ounce, silver about 13.29 per ounce, platinum around 1245 to 1246 per troy ounce, with separate London and New York price references and daily quotes.
In New York and surrounding areas the Associated Press reports cash price changes for Petrolean on Friday versus Thursday. The brief mentions a slight uptick in some stations and notes market volatility affecting gasoline and diesel pricing.
The Agriculture Department reported closing prices for Friday with declines across grains. Hard red winter wheat, milo, and corn cited with varying city-by-city prices. soybeans also down. notes on cotton in Southwestern Oklahoma and hay and bag costs follow.
Baker Hughes reports the U S rig count up by four to 1 743 with 1 472 exploring for natural gas and 271 for oil. Texas leads with six rigs, Louisiana declines, Alaska steady, others down or unchanged as overall activity trends show historic lows in 1999 and peaks in 1981.
Federal tests found melamine in samples from Menu Foods and imported wheat gluten but did not confirm the cancer drug aminopterin as the rat poison. Hill's recalled Prescription Diet and Science Diet dry foods from the same supplier. FDA and New York officials caution melamine’s role is unclear while investigations continue.
San Francisco AP reports signs of a housing slowdown in March as Lennar Corp posts a 73 percent drop in first quarter profit and foresees weaker results. Economists warn of rising recession risk, with futures indexes predicting price declines into 2008. Southern California shows a rare 5 percent February price rise, while national existing home prices fall 1.3 percent year over year.
Southwest Oklahomans can explore home and garden products as about 100 vendors display landscaping to construction at the Great Plains Coliseum. Door prizes include garden furniture and a natural gas convertible gas grill. admission is $2 with free entry for children 12 and under with a paid adult. Free tickets offered to Lawton Home Builders Tour participants for Saturday and Sunday 1 to 5 pm, with homes at four addresses. KSWO-TV airs Fifth Season Live on the Road weather show at 2 pm Saturday in the Prairie Building, free admission.
FDA and Novartis announce immediate withdrawal of Zelnorm tegaserod maleate due to links with rare cardiovascular events including heart attack and stroke. The agency says no current risk-benefit balance justifies continued use, though limited reintroduction could be possible for identified patient groups. Public Citizen cites about 2.13 million U.S. prescriptions in 2005.
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