Market Watch Dow Jones Advances Amid Mixed Trading
Market figures show Dow Jones up 84.76 to 10,242.47 while Nasdaq climbs 18.59 to 1,950.78 and S&P 500 adds 9.98 to 1,162.10. The Russell 2000 sits at 596.44 as breadth shifts with 2,341 advances and 962 declines. Volume totals reach about 1.8 billion shares.
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AMD
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Pg&ecd
Agere
PepsiCo
Alcoa
Pfizer
Allstate
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Western
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SBC Com
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Scherg P
Baxter
Selectra
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SouthnCo
BellSouth
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Spratfon
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TalwSem
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Calpine
Teradyn
Tesoro
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Ussteel
Valero
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OR Hortn S
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Ohio Casualty
Air Canada to buy Boeing jets after bankruptcy exit
Air Canada will spend at least six billion dollars on a firm order for 18 Boeing 777s and 14 787s as it rebuilds its fleet after bankruptcy. The Montreal parent ACE Aviation says the jets will cut fuel costs and extend service to Asia including Beijing Shanghai and New Delhi.
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Toronto
Air Canada
Boeing
Octoer
Robert Milton
ACE Aviation Holdings
Milton
Canada
Asia
Beijing
Shanghai
New Delhi
SBC earnings slide in quarter as costs bite
SBC Communications reported a 53 percent drop in first quarter earnings to 885 million dollars, 27 cents a share, from 1.94 billion dollars or 58 cents a share a year earlier, due in part to costs tied to Cingular Wireless's purchase of AT&T Wireless. Adelphia to receive 1.5 billion in assets from founder John Rigas and family, pay just under half that to the government to settle a fraud probe, with 715 million placed in a fund to compensate investors.
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San Antonio
SBC Communications Inc
At&t Corp
Cingular Wireless
At&t Wireless
Washington
Adelphia Communications Corp
John Rigas
Adelphia
Alberto Gonzales
Gonzales
GM recalls over two million vehicles for seat belt problems
General Motors recalls more than 2 million vehicles including 1.5 million SUVs and pickups from 2003 to 2005 models due to center rear seat belt issues. No injuries tied to the problem. owners will be notified by mail. Additional recalls cover fuel pump wiring, parking brake friction, a bent brake clip, ignition relay faults, and noncompliant seat belt anchors.
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Washington
General Motors Corp
Adler
Bob Lange
Lange
Canada
U.S
Wal-Mart to restrict cold medicine access nationwide
Wal Mart and Sam's Club will relocate many nonprescription cold and allergy remedies behind pharmacy counters by June due to pseudoephedrine used to manufacture methamphetamine. The move, aligned with Target and Albertsons, aims to curb abuse. about 60 percent of stores already implement the policy, with remaining products moved by September. States have tightened limits, with 22 considering similar restrictions.
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Wal-Mart
New York
Sam’s Club
United States
Target Corp
Albertson's Inc
Pfizer Inc
Schering- Plough Corp
Wal-Mart Stores Inc
Jacquie Young
Young
Safety-Kleen suit ends with $284 million in judgments and settlements
In Columbia, a judge ruled against Kenneth Winger former Safety-Kleen CEO, awarding $200 million judgment against former officers and $84 million in settlements with Safety-Kleen Corp former auditor and directors after a nonjury trial.
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Columbia, S.C
Safety-Kleen Corp
Joe Anderson
Kenneth Winger
Valero to buy Premcor in $6.9 billion deal
Valero Energy Corp. plans a cash and stock purchase of Premcor Inc. for 6.9 billion, creating North America’s largest oil refiner. The move targets efficiency gains across four refineries but may face regulatory hurdles. Premcor stock surged while Valero edged up on the NYSE.
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Dallas
Valero Energy Corp
Premcor Inc
North America
Valero
Premcor
New York Stock Exchange
William Greehey
Sunoco Inc
New Jersey
el Paso Corp
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