Market watch diary item from NYSE dated Oct 11 2004
Market news and brief notes from the New York Stock Exchange on October 11 2004. Stocks indices and notable price moves are summarized with ordinary trading activity and sector commentary.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 12, 2004
Page
7
Storms hit Cincinnati Financials third quarter outlook
Fairfield storms that affected the Southeast may cut Cincinnati Financial Corp by about 40 cents per share in Q3. Analysts project earnings between 30 and 65 cents, averaging 43 cents, down from August estimates. Year-to-date catastrophe losses total about 141 million, with a 13 point hit to the property casualty combined ratio.
MENTIONED IN THIS ARTICLE
Fairfield
Cincinnati Financial Corp
Thompson Financial Network
Cincinnati Financial
John J. Schiff Jr
Schiff
Glitch disrupts eBay's PayPal
PayPal outages affecting users after a monthly software upgrade. Repairs underway in San Jose as eBay officials work to restore service. some users can access PayPal while others cannot. Officials could not estimate when full service would return.
MENTIONED IN THIS ARTICLE
San Jose
Calif
PayPal
eBay Inc
eBay
Amanda Pires
Pires
Growing 2005 models flood U S dealerships and showrooms
Citations indicate a record number of new model launches from GM Ford Chrysler and others as buyers face a crowded market. The 2005 lineup includes hybrids like Ford Escape and Toyota Highlander plus redesigned sedans such as GM s Cobalt Buick LaCrosse and Cadillac STS while high end offerings include Porsche 911 and Audi A6 in showrooms now.
MENTIONED IN THIS ARTICLE
Detroit
Toyota
Mercedes-Benz
BMW
Lexus
Chrysler
U.S
Ford
Cadillac
Hyundai Motor Co
Honda
Check 21 to speed up check processing across banks
High tech changes in banking will affect checking accounts as Check 21 moves to electronic processing. By late 2002, many checks will be presented as photocopies called image replacement documents, cutting handling from miles of transport to rapid electronic clearance.
MENTIONED IN THIS ARTICLE
New York
Wilton Dolloff
Huntington Bancshares Inc
Columbus
Ohio
Pony Express
John Hall
American Bankers Association Trade Group
Washington
D.C
Federal Reserve
Tawana Harris
Unisys Corp
Carlstadt
N.J
Dell to open West Chester distributor center
Dell Inc will launch a West Chester Township distribution center costing between 30 and 60 million dollars. The site, opening in November, will employ about 650 workers over three years with a 17 million dollar annual payroll, serving computer accessories, replacement parts, and the printer ink business, aided by nearby DHL hubs boosting next day order processing.
MENTIONED IN THIS ARTICLE
Hamilton
Dell Inc
West Chester Township
Butler County Commission
Dell
Windisch Road
Brian T. Coughlin
Butler County
Amy King
DHL
Cincinnati
Wilmington
West Chester
King
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Middletown Journal
MiddletownJournal.com
Wwtriptions & Service
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