Market Watch Summary for October 21 2004
The market diary shows overall declines with 1,059 stocks down and 2,196 up on the NYSE. Russell 2000 at 576.66, volume around 2.06 billion shares. new highs count 110, new lows 155, unchanged 474.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 22, 2004
Page
11
The market diary shows overall declines with 1,059 stocks down and 2,196 up on the NYSE. Russell 2000 at 576.66, volume around 2.06 billion shares. new highs count 110, new lows 155, unchanged 474.
A Maryland manufacturer will supply an extra 1 million FluMist doses, bringing total nasal spray supply to 3 million as Health Secretary Tommy G. Thompson urged use among health workers and caregivers for high risk individuals. The vaccine is approved only for healthy people aged 5 to 49 and cannot be used by those at highest risk.
Sears Roebuck and Co reported a 61 million third quarter loss, warning year end results would miss forecasts. The miss drove the stock down about 9 percent as the retailer blamed high fuel costs, heavy markdowns, and disruptive renovations for the setback.
Gum maker Wm. Wrigley Jr. Co will shift Eclipse and Flash breath strips from Phoenix, Arizona to Poznan, Poland, citing stronger European sales. Phoenix plant to scale back over six to nine months. 98 workers offered other positions or severance packages.
Intel Corp. canceled its project to develop a liquid on crystal silicon chip for projection TVs and said it would reallocate resources to other areas. The effort had been unveiled in January at the Consumer Electronics Show in Las Vegas.
US Airways pilots voting 58 percent support a contract that trims wages and benefits by 1.8 billion through 2010 and reduces retirement contributions while pilots in Pittsburgh and Philadelphia reject the deal. The union says the accord exempts 3,200 pilots from emergency cuts and secures airline survival versus looming bankruptcy.
Coca Cola reports a 24 percent drop in third quarter profits to 935 million dollars while sales total 5.66 billion. New chair E Neville Isdell vows a two level turnaround focusing on immediate demand boosts for C2 and deeper management improvements as volume growth slows.
Cincinnati Financial Corp reports third quarter 2004 earnings of 90 million dollars or 53 cents per diluted share, down from 104 million or 61 cents in Q3 2003. Revenue hits 879 million, catastrophe losses from summer storms weigh on results, but CEO Schiff says annual targets remain on track. Net written premiums reach 532 million for commercial lines as field marketing expands. personal insurance lags slightly with premiums at 218 million.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.