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Middletown Journal in Middletown, Ohio

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Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Dec 14, 2004

Page

9

Market Watch Summary December 13 2004

Market activity shows 2252 new highs and 1028 declines with 22 advancers unchanged 154. Nasdaq diary reports 1048 advances 139 new highs 1192 declines 138 unchanged with volume 2 057 943 851.

NASA chief O Keefe resigns amid LSU chancellor bid

Sean O Keefe, 48, who led the space agency for three turbulent years, resigns Monday. He is a leading candidate for Louisiana State University Baton Rouge's main campus chancellor and will meet a search committee Thursday. NASA spokesman Glenn Mahone confirms the resignation to President Bush.

Washington Sean O'Keefe O'Keefe Louisiana State University Baton Rouge Joel Tohline Glenn Mahone NASA O’keefe Bush

Motorola stock bounces back after split views on Sprint deal

Motorola Inc shares rose about 5 percent Monday after last week’s drop amid mixed opinions on the effect of a Sprint Nextel purchase. The gains followed Motorola’s plan to realign into four units focused on personal devices networks government and enterprise and the connected home.

Chicago Motorola Inc Sprint Corp Nextel Communications

Older planes face inspection after Texas crash

FAA orders Monday inspections of vintage T-34 planes used for flight instruction after a Dec. 7 crash in Texas in which the left wing detached and both the pilot and a passenger died. The investigation cited fatigue cracks in the wing center section and requires FAA approval of inspection methods and any modifications.

Washington Texas Federal Aviation Administration FAA

Dayton bike shop moves to Springboro in historic home

Cycles Gaansari owners Gary and Jean Boulanger relocate from Brown Street Dayton to the Jack Decker House in Springboro 305 N Main St The 1830s era property on the National Register of Historic Places was once part of the Underground Railroad The shop will open January 10 after closing December 23 and will operate from a barn while residents live on site The venture highlights Wright brothers inspired bikes including the Wright Scorcher Flyer and St Clair plus a new mountain bike Whirlwind The Boulangers and their children plan to attend to church work in Springboro and serve customers from West Chester and Springboro areas while also selling brands like Bianchi Rivendell and Co Motion

Dayton — Cycles Gaansari Wright Brothers Brown Street Springboro Gary Boulanger Jean N. Main St Jack Decker Underground Railroad Cycles Gaansari Boulanger USA Today Flyer St. Clair Rivendell Co-Motion West Chester Boulangers Samantha Henri Gary and Jean Boulanger Dayton

Fed poised for another modest rate hike amid easing inflation

The Federal Reserve is expected to lift the federal funds rate by a quarter point at its year end meeting as oil prices ease and inflation pressures loosen. Growth remains solid with job gains steady, supporting a gradual path to a neutral rate between 3 and 4 percent.

Washington Federal Reserve Alan Greenspan Fed David Jones Greenspan Fed David Wyss Standard & Poor's New York

Holiday shoppers lift retail sales in November

Commerce Department figures show U S retail sales rose 0.1 percent to 344.4 billion in November despite a drop in auto sales. Analysts note selective spending with gains led by electronics, appliances, building materials, groceries, and dining, while auto, clothing, and sporting goods fell. The Dow rose 95 points as investors greeted the softer but positive reading.

Washington America Commerce Department Bill Cheney John Hancock Financial Services Wall Street Dow Jones Dow Rosalind Wells National Retail Federation

Acura RL Tops Government Crash Test Ratings

The 2005 Acura RL earned the NHTSA’s highest five-star rating in front and side-impact tests and rollover prevention, among 18 vehicles evaluated. Several models fared poorly in rollover tests, with Ford Explorer and others earning just three stars and a 20 to 30 percent rollover risk. The Ford Mustang had the lowest rollover risk at 8.7 percent, while best rollover performers included the Lincoln Navigator and Toyota Highlander with four stars. No vehicle scored below four stars in frontal crashes.

Washington National Highway Traffic Safety Administration NHTSA Igator

Also Mentioned on This Page

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