NYSE Diary Reports Advances and Declines Amid Mixed Volume
The NYSE diary notes 2,243 new highs and 1,012 declines with 184 unchanged. Volume reaches 1,796,304,340 shares. Nasdaq diary included.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Sep 29, 2004
Page
9
The NYSE diary notes 2,243 new highs and 1,012 declines with 184 unchanged. Volume reaches 1,796,304,340 shares. Nasdaq diary included.
Delta Air Lines outlines a turnaround plan with a 10 percent pay cut for executives staff and agents, higher health care costs, and retirement benefit changes. Chief executive Gerald Grinstein waives his salary for the year. Pilots ratify an agreement to hire newly retired pilots to address staffing shortages amid bankruptcy risks.
Euro Disney and its parent Walt Disney Co plus a French government backed institution absorb losses to win hedge fund support. The plan, announced two days before a deadline, could fund new rides to boost visitors to Paris Disneyland and Disney Studios.
Cardinal Health plans job cuts in its pharmaceutical technologies and services segment as part of a 19 million restructuring in early 2005. The company also delays its 2004 2005 earnings report amid an internal investigation into accounting practices and an ongoing SEC and U.S. attorney probe.
West Corp of Omaha plans an 880 full-time call center in Niles and will recruit 80 initial staff this week for human resources, tech services, and training. About 800 additional customer service reps will be hired by year end for a leading wireless client. The project follows a state tax credit approval and boosts Northeast Ohio employment amid prior MCI and shutdown impacts.
IBM announces the BlueGene/L supercomputer achieves 36.01 teraflops in Minnesota tests, surpassing NEC Earth Simulator’s 35.86 teraflops in Yokohama. The system, much smaller and more power efficient, will serve Lawrence Livermore for nuclear stockpile monitoring and broader scientific uses.
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