Market watch report highlights stock activity on Oct 14 2004
Market watch summarizes market breadth for Dow Jones and Nasdaq on October 14 2004. Dow shows 50 new highs and 1,907 declines with 1,341 advanced and 1,876,413,967 total shares traded. Nasdaq lists 943 advanced, 2,102 declines, 428 unchanged, 59 volume with 1,572,088,753 shares traded.
GM earnings inch up in tough quarter
GM reported a slim 3.5 percent rise in Q3 earnings hurt by costly incentives and weak Europe results. The automaker plans European job cuts by year end 2006 to save about 600 million annually, and global automotive earnings fell 130 million. Spitzer sues Marsh & McLennan over broker kickbacks. Two AIG executives plead guilty and set to testify in broader probe of brokers and insurers.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Europe
Albany
New York
Eliot Spitzer
Marsh & McLennan
American International Group
AIG
Spitzer
Northwest pilots reach tentative two year concessions deal
Northwest Airlines pilots announced a tentative two year agreement providing $265 million in annual concessions, with $35 million to be borne by Northwest managers. Union leaders still must vote on whether to recommend the proposal to pilots.
MENTIONED IN THIS ARTICLE
Minneapolis
Northwest Airlines Corp
Northwest
Rite Aid Exec Sentenced to Prison in Fraud Scandal
In Harrisburg, former Rite Aid vice chairman Franklin C. Brown received a 10 year prison term for leading an accounting fraud that inflated the company's earnings by 1.6 billion dollars over four years. The judge also ordered possible federal facility placement, two years probation, and a 21 thousand dollar fine.
MENTIONED IN THIS ARTICLE
Harrisburg
Rite Aid Corp
Franklin C. Brown
Brown
Rite Aid
U.S
Sylvia H. Rambo
Kroger union talks resume after vote on strike
Kroger Co and the United Food and Commercial Workers Local 1099 resumed negotiations after the union rejected a company contract proposal and authorized a possible strike as early as 10 p.m. The bargaining focused on wages and health care with 97 percent of about 5,000 voting members authorizing a strike if needed.
MENTIONED IN THIS ARTICLE
Kroger Co
Kroger Grocery and Meat Workers
United Food and Commercial Workers Local 1099
John Marrone
Marrone
Gary Rhodes
Kroger
Dayton
Cincinnati
Middletown
Springboro
Lebanon
Rhodes
Ford Uses McQueen Star Power To Boost Mustang Sales
Ford Motor Co unveils new ads featuring Steve McQueen and a 2005 Mustang to revive sagging sales. The spots reference Bullitt and Field of Dreams with a digital de-age and body double, showing McQueen receiving Mustang keys and driving off from a cornfield scene.
MENTIONED IN THIS ARTICLE
Ford
McQueen
Dearborn
Mich
Ford Motor Co
Steve McQueen
Mustang
Kevin Costner
Joe Jackson
FCC says it will not block airing of anti Kerry film
FCC chairman Michael Powell said the commission cannot stop Sinclair Broadcast Group from airing Stolen Honor: Wounds That Never Heal on 62 stations before the election. He noted no federal rule allows blocking such programming, pledging to consider senators concerns but warning they may not trigger formal action. The film cites John Kerry's 1971 testimony and interviews with veterans, linking him to activist Jane Fonda.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
John Kerry
Michael Powell
Commission
Sinclair Broadcast Group
Baltimore
Ohio
Florida
Pennsylvania
Powell
Sinclair
FCC
Kerry
Congress
Jane Fonda
Dianne Feinstein
California
Dell Eyes Potential Hires for New Ohio Center
West Chester officials say Dell Inc will open a distribution center off Windisch Road in November, with a $30 to $60 million facility. The center will handle computer accessories parts and software and is planned to hire about 665 workers over three years, with an annual payroll near $17 million. Contact Jean Cason at Staybridge Suites for applications at 8955 Lakota Drive.
MENTIONED IN THIS ARTICLE
West Chester
Dell Inc
Jean Cason
Staybridge Suites
Lakota Drive
West Chester Township
Cason
Dell
Windisch Road
Also Mentioned on This Page
Dow Jones Industrials
Nyse Diary
Nasdaq
Standard & 10
Poor's
Russell
Axee
Insurance Group
Rite Aid Exec
Union
By Thomas Gnau
Ignau
Coxohio
THE
Associated Press
Nyse IBM
intiGame
Interpublic
ACE Ltd
Jpmorgch
AMR
Johnnn
At&t
ATT Wris
LSI Log AbtLab
Libtyma
Accenture
LillyEli
AMD
Linens
LowesCos
Alcoa
Lucent
Alcon
Allstate
Marshm
Altria
Maxter
Merck
AnalogDev
Merrililyn
Aon Corp
Micront
Morgs
Mylan Lab
BP PLC
NatSemis
BkofAms
Newmtm
I Bkny
Nokia Co
BestBuy
Nortein If
Biccklestr
PepBoy
Bicklestr
PepsiCo
Pfizer
Boeing
BostonSci
Calpine
CapOne
Prudent
Sof
Caterpills
al Rowan
Cendant
RoyiDut
Schergp
ClearChan
Ul Schimb
Cocaci
Schwab
ConocPhil
SwstAir
Conseco
TaiwSemi
TenetHit
Corning
Coventry S
Teradyn
CrownHold
Texinst
Delphi
Delta Air
al TwiAuto
Disney
Toyra
EMC Cp
Eatons
US Bancro
Edisonint
Ussteel
Elan
UtdhithGp
Emulex
UnumProy
Valeros
ExxonMb
FanniMae
VerizonCm
Viacomb
Fordm
Vishay
Fordc Pfs
Wachovia
ForestLab
WalMart
FredMac
WA Mat
Fmcg If
WellsFrgo
Gap
WillisGp
Genentchs
Wyeth
GenElec
GaMetr
Xerox
Gillette
Goldmans
HCA Inc
Hallibtn
HartidFn
Hewlettp
HomeDp
Chang
Air Product
Air Steel
Jpmorgan Chase
Cincinnati Bell
Cinergy
OPAL
General Motors
Material Sciences
Meadwestvace
NCR
P&g
Smurfit-Stone
Oak Hill Fin
Ohio Casualty
Richard West
Debtfreeohio
Middletown Journal
S&h
Middletownjournal
Readervalues
National Distribution Center
Central Drive
Virginia Beach
OMC Ovisa Odiscover
Vanature
Bor
Central Driv
Suite 104