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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 20, 2004
Page
9
The New York Stock Exchange and Nasdaq diaries show a strong decline with 1 154 advances, 2 100 declines and 124 new lows while 165 issues were unchanged. Trading volume reached 2 170 629 260 shares.
AK Steel Corp. announced a $149 per ton surcharge on flat-rolled carbon steel products shipped in November, down from $157 in October. Electrical steel surcharges are $250 per ton for November, down from $295 in October. November stainless surcharges are listed on AK Steel’s website.
The Butler County Chamber caucus sponsors a meet the candidates night for commissioners from 7 to 9 p.m. at Butler Tech auditorium located at 3603 Hamilton Middletown Road Ohio 4. The event invites voters to hear candidates and ask questions in a forum setting.
XM Satellite Radio Holdings signs an 11 year programming deal with Major League Baseball to carry games for every major league team on its service beginning next year. The pact could exceed the $500 million Sirius Howard Stern deal, a person familiar with the matter said. The Sports Business Daily first reported the story.
Federal regulators ordered Astex USA of Texas to halt sales of high-intensity headlight conversion kits and recall 150 kits already sold. The NHTSA cited excessive glare and hazard to other drivers from the blue glow and wider beams.
The College Board reports slower tuition growth this year with public four year schools up 10.5 percent and private four year colleges up 6 percent. In-state four year tuition averages 5132 dollars, with room and board at public schools rising to 11354 dollars.
The coal industry battles a labor crunch with producers raffling for workers and using banners and plane ads to recruit. Analysts warn retirements will peak in five to seven years, shrinking an aging workforce and pressuring growth across Consol Energy Massey and others. Miners can start around 40 thousand to 50 thousand dollars annually, with overtime potential pushing earnings higher.
Armor Holdings reports third quarter net income of 23.9 million or 70 cents per share on revenue of 256.8 million, well above 2003's 6.1 million but below analysts' 76 cents and 260.1 million. Zylon vest litigation costs trimmed earnings, while O’Gara-Hess produced 1,180 up armored Humvees, a rise from 873 in 2003.
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