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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Aug 07, 2004
Page
6
The NYSE diary shows 1,276 advanced issues and 2,030 declines with 137 unchanged and 1,827,859,725 shares traded. The Nasdaq diary records 668 advances and 2,442 declines with 367 unchanged and 1,681,678,930 shares traded.
About 7,400 Pokemon plush toys from TOMY Co are recalled in the United States after sewing needles were found in stuffing. Production codes A04 to L03 and the TOMY label appear on affected items sold at Pokemon Center NY and via the retailer's site from January to August. Call 800 691 8055 for refunds or replacements. see cpsc.gov for details.
A California company recalls about 90000 purple and green Brave frogs sold at Kohl's for five dollars each after a toddler choked on exposed plastic filler from a split seam. Consumers are urged to stop using the toy and seek refund or store credit at Kohl's or via Determined Products at (877) 925-0660.
Wal- Mart Canada says Thompson store employees rejected union representation by the UFCW in a June 4 vote, marking a second failed attempt within a year after a Quebec board certified the North America's only Wal- Mart union. The vote follows similar action earlier in 2003.
The government terrorism alert spurred calls to EAP Consultants Inc as workers fear leaving home and tensions rise at offices. Experts note a 50 percent jump in counselor caseload over three months, with fear fueled by politics and security talks, especially in New York.
Chiquita Brands International said its chief financial officer James Riley will leave at end of August. His tenure helped the company exit Chapter 11 in March 2002 and cut more than 700 million in debt while reducing annual interest expense. Riley’s departure follows a 47 percent drop in second quarter earnings to 30.2 million, with a 4 million after-tax loss from the Colombian banana division sale.
Delta Air Lines tumbled to a 20 year low on Friday as ratings downgrades and the prospect of a Chapter 11 filing rose. Goldman Sachs warned the probability of bankruptcy was increasing while Fitch cited a stalemate over pilot cost restructuring as a trigger for potential insolvency.
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