Market Watch December 14 2004 Nasdaq Update
Market watch for December 14 2004 shows Nasdaq composite at 1891 6 advance 1 240 decline 159 and 16 unchanged. Trading volume reached 2 219 042 472 shares.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Dec 15, 2004
Page
9
United pilots reach tentative contract in bankruptcy effort
United Airlines announces a tentative contract with its pilots, the first of its four big unions to reach initial terms. Details remain undisclosed as the union leadership considers ratification after meeting in Chicago on Thursday.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
United
Fed raises rates for fifth time in year easing path
The Federal Reserve lifted the federal funds rate to 2.25 percent, a fifth hike since June, signaling steady increases in the new year. Banks boosted prime lending to 5.25 percent as markets rose with the news. economists note gradual tightening with inflation contained and growth moderating.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Federal
Fed
Dow Jones
Dow
Alan Greenspan
Greenspan
David Jones
Greenspan Fed
GE forecasts double-digit profit growth into 2005
General Electric chief Jeff Immelt said the company expects double-digit profit growth in the fourth quarter and beyond. He cited stronger momentum, faster-growth industrials, and higher-return financial services as key drivers after prior slowdowns and recent major acquisitions in health care and entertainment. Full-year fourth quarter earnings are expected at 5.2 to 5.5 billion dollars, or 48 to 51 cents per share.
MENTIONED IN THIS ARTICLE
Fairfield
Conn
General Electric Co
Jeff Immelt
Immelt
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