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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Mar 09, 2005
Page
9
The NYSE diary reports 1,178 new highs and 2,089 declines with 199 new lows and 176 unchanged, on volume 1,961,561,700. The Nasdaq diary lists 1,081 advances and 2,031 declines with 139 unchanged, on volume 1,705,941,463.
Profit taking sent stocks modestly lower as oil prices topped 55 a barrel and Texas Instruments warned on earnings. The Dow fell 24.24 to 10,912.62 while S&P 500 and Nasdaq eased. Semiconductor shares led tech declines amid inventory and slow demand concerns.
La Raza Mexican Grocery at 1230 Elliott Drive plans a kitchen and storage expansion to add a cafe. Owner Jose Bravo says sales in year two jumped 100 percent as the store targets customers from Middletown and nearby Franklin, Lebanon, and Monroe. Physical work could begin in two months.
A lawyer for Retail Ventures Inc said credit card and personal shopping information from more than 100 DSW Shoe Warehouse locations was stolen from a company database over the last three months. The Secret Service is investigating and 103 stores were affected. Internet sales were not impacted.
Kroger Co the nation’s largest supermarket chain reported a 675.9 million loss for its fourth quarter ending January 29 including an 884 million after tax writedown for Ralphs and Food 4 Less. Excluding the writedown earnings would be 28 cents per share.
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